Brokers report strong demand, especially in the popular locations, with a further acceleration in prices now likely as the world exits the pandemic.
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Dubai property market tops Dhs7 billion in realty deals
The real estate and properties transactions in Dubai valued at Dhs7.1 billion in total during the week. The sum of transactions was 1,746. 103 plots were sold for Dhs722.02 million, 1,116 apartments …
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Dubai real estate revival: Weekly property transactions increase to $1.9bln
Dubai’s real-estate and property transactions reached a total of $1.9 billion (AED 7.1 billion) across 1,746 transactions during the week ending April 1. In comparison, the number of transactions in …
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Property sales have picked up in Dubai and Abu Dhabi, but who are the buyers?
Property sales have increased in Dubai, Abu Dhabi and other emirates in the UAE over the past several months, a sign that the coronavirus pandemic has done little to discourage homebuyers. But a new …
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Precinct Properties to move REIT management rights in-house
Precinct Properties New Zealand is moving its management in-house with the acquisition of management rights from AMP Capital and Abu Dhabi Investment Authority (ADIA) for NZ$215m (€127m). AMP Capital …
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Deloitte becomes certifying body under UAE localisation programme
The ICV programme was originally created by ADNOC and implemented in its group of companies since the beginning of 2018 …
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Israelis eye property investment in Dubai following Abraham Accords
The new-found seam of business isn’t limited to real estate. The two nations have agreed to collaborate on agri-technology and combating Covid-19 …
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Abu Dhabi leads major Gulf markets higher on hopes of Suez Canal’s reopening
Under the JV, a new main plant is being built in Abu Dhabi with production capacity of 200 million Hayat-Vax doses a year. Dubai’s main share index gained 0.7%, with Emirates NBD Bank rising 0.9% and …
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Bayut & Dubizzle Host the First-Ever Stronger Together Awards 2020 To Recognise Top Performers in the Uae Property Market
Property agents and agencies play a crucial role in the UAE’s real estate market. They are the people who talk directly to potential buyers, sellers and tenants, so we firmly believe that it is very …
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Aldar Properties distributes $310mn in cash dividends for FY2020
Aldar Properties, the Abu Dhabi-based real estate developer, is set to distribute cash dividends worth $310 million to its shareholders for the fiscal year 2020. In its filing to the Abu Dhabi …
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This luxe Abu Dhabi hotel has half board spring break stays from Dhs599
If you’re unable to comit to a longer stay InterContinental Abu Dhabi’s Bayshore Beach Club offers day pass access to the property’s extensive outdoor chill space. You can enter this leisure lagoon …
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How popular is fractional property ownership in the UAE?
The Real Share platform allows local and international investors to invest as little as AED5,000 in a part of a property, according to LRED. Along with the launch of Real Share, The launch of Real …
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Dubai property deals near 3,800 in February as market rebound continues
Dubai’s official property sales price index recorded nearly 3,800 deals last month worth AED7.43 billion, 13 percent higher than the previous month as the market continued its rebound from the …
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Miral redefining customer experiences on Yas Island with cutting edge technology – FacePass
Abu Dhabi, United Arab Emirates – 23 March 2021 … the Best strategic employee engagement initiative and Most creative property-wide event by the IAAPA Brass Ring Awards and won the Park …
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Dubai realty transactions at Dh3 billion
Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the sum of transactions at 1,131, according to data …
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Most mortgage buyers of UAE off-plan property saw values falling in 2020 – survey
Mortgage Finder said 88% of valuations of properties brought off-plan were valued below the original purchase price in 2020 …
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Hilton Abu Dhabi Yas Island names John Buenaventura as executive chef
John Buenaventura has been appointed executive chef at the newly-opened Hilton Abu Dhabi Yas Island, with the goal of turning the island into a leading F&B destination. The 35-year-old will lead three …
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