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Category: PROPERTY

Posted on 15/10/2020

Modon set to open Abu Dhabi leisure waterfront community

UAE-based Modon Properties will soon be opening up its Hudayriat Recreational waterfront community, located within the 3,000-hectare Hudayriat Island, south-west of the Abu Dhabi main island. The move …
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Posted on 15/10/2020

Sheikh Mohamed tours Abu Dhabi’s new waterfront destination on Hudayriat Island

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today toured Al Hudayriat Recreational Project, a waterfront community …
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Posted on 15/10/2020

Sheikh Mohamed orders six-month rent waiver for businesses on Al Hudariyat Island in Abu Dhabi

The Hudayriat Recreational Project is the second leisure destination, after the Jubail Mangrove Park announced, late last year by Modon Properties, a subsidiary of ADQ, as part of a series of …
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Posted on 15/10/2020

Buying a home in UAE: Should you get on the property ladder right now?

A potential buyer should always consider the risk factors associated with mortgage and conduct a proper financial health check before taking a decision …
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Posted on 15/10/2020

Owners to have more say in Dubai property management

Dubai: All property owners in Dubai have been given two weeks to give their nominations to be members of the OA (owners association) committees overseeing their buildings or communities. This applies …
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Posted on 14/10/2020

Dubai records 50% QoQ higher property sales volume in Q3-20

Dubai’s property sales volume increased by 50% during the third quarter (Q3) of 2020, when compared to the second quarter (Q2) of 2020, as shown by the latest report by Chestertons, an international …
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Posted on 14/10/2020

Dubai’s residential property rental rates down in Q3

Despite a quarterly rise in property sales during the third quarter, Dubai’s real estate market is expected to face further challenges in both the rental and sales market, according to leading …
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Posted on 14/10/2020

Property of the week: a Dh53 million ultra-modern Dubai villa with a cinema, gym and Pilates studio

The National is showcasing some of the best homes on offer with its Property of the Week. This week, we take a look at an ultra-modern villa, located in Dubai’s Jumeirah 3. This sprawling six bedroom, …
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Posted on 14/10/2020

UAE stocks gain $1.08bln in market cap

UAE financial markets on Monday posted gains of around AED4 billion in market cap driven by upbeat sentiments and positive financial statements released by listed firms. For the second day straight, …
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Posted on 14/10/2020

COVID-19: Frontline heroes in the UAE to get housing support and discounts on travel, entertainment

Abu Dhabi: Frontliners in the UAE and their families will soon enjoy a host of discounts and privileges on travel, access to select Abu Dhabi cultural, entertainment and hospitality facilities; as …
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Posted on 13/10/2020

Frontline heroes in the UAE to get housing support and discounts on travel, entertainment

Frontliners in the UAE and their families will soon enjoy a host of discounts and privileges on travel, access to select Abu Dhabi cultural, entertainment and hospitality facilities; as well as …
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Posted on 13/10/2020

UAE frontliners to get travel discounts, financial support under new initiatives

Over the coming weeks, certain entities will roll out recognition activities and celebrations for frontliners and their families.
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Posted on 13/10/2020

Low real estate values in Dubai boost sales but are property stocks the real opportunity here?

It’s a fuzzy picture of renewed real estate sales activity in Dubai, low property values, increased sales, interest from retirees yet prices are not yet bottoming out causing a reluctance to sell, and …
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Posted on 12/10/2020

Cricket in UAE: One eye on future for Abu Dhabi T10 League

In his new role, Lorgat will advise Mulk on growth strategies for T10 cricket. He will also develop, profile and promote the Abu Dhabi T10 League worldwide with the aim of having …
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Posted on 12/10/2020

Intercontinental Exchange Provides Update on Plans to Launch ICE Futures Abu Dhabi and World’s First Murban Crude Futures Contracts

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today provides an update on its …
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Posted on 12/10/2020

Abu Dhabi T10 bring in ex-ICC chief executive Haroon Lorgat to help globalise format

“But with the announcement of vaccines being administered in Abu Dhabi in particular … “His role is not only the UAE property, but to take it global to the rest of the world, where we feel there is …
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Posted on 12/10/2020

UAE residents may see lower rents and more options to upgrade lifestyle

Apartment to villa As the property prices have experienced a decline during the past couple of years, rental too has experienced the snowball effect across the UAE. Residents who survived the Covid-19 …
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