Category: PROPERTY

Dubai’s real estate market has seen some promising signs of stability with most commercial activities resuming across the emirate. As per Bayut and dubi …
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In 2018, Dubai’s property segment contributed 13.6 per cent of GDP, while the figures for Abu Dhabi and Sharjah respectively were 14.4 per cent and 10.7 per cent. In other words, to paraphrase an old …
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The UAE’s housing market continues to suffer, amidst a huge supply glut of both apartments and oil. In Dubai, residential property prices fell by 3.27% during the year to Q2 2020, an improvement from …
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Despite growing interest in ownership or investment in homes in Dubai, few new villas and flats are becoming available, as the coronavirus pandemic has markedly stalled the citys …
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With many districts transacting nearly 35 per cent lower than their 2014 peaks, sales prices remain at a cyclical low …
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The Abu Dhabi Department of Economic Development, which had previously soft-launched its localisation scheme (Abu Dhabi Value), followed suit in early 2020. Then in September 2020, Emirates Nuclear …
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First-time property buyers have entered the Dubai housing market in a significant manner as increased long-term confidence in Dubai, lower mortgage rates, higher loan-to-value ratio and discounted …
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The man had also urged the court to issue orders to the woman to vacate one of the two apartments in the villa.
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Look who’s on the way back: UAE’s real estate sector. Were there ever any doubts in the presence of COVID-19? Yes, but those are quickly vanishing. A consortium of premier real estate companies has …
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Abu Dhabi resident Mohammed Shafique was helping a stranger on the road when he got the best surprise of his life. He won the $1-million jackpot in the latest Dubai Duty Free (DDF) Millennium …
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Major stock markets in the Gulf were little changed in early trade on Wednesday, with losses in real estate shares weighing on the Dubai index.
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Residential property supply in Dubai will remain strong this year and the next, but handovers will slow down from 2022 onwards as new project launches have dropped significantly in the last couple of …
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This requirement is an income of 20,000 UAE dirhams per month ($5,446) , 1 million UAE dirhams in savings or property investments worth 2 million UAE dirhams. Thaddeus Best, Moody’s Analyst described …
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Dubai: Property owners who have fallen behind on service charge payments in Dubai will not be given official clearance to rent or sell that unit – until all arrears have been cleared. This follows the …
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A steady uptick in demand from end-users is expected to drive prices of villas and townhouses in Dubai as apartment prices face further declines on diminishing appeal in the wake of the pandemic …
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Dubai’s popular Cove Beach is set to open its second location in the UAE at Abu Dhabi’s Makers District on Al Reem Island in partnership with developer Imkan Properties. The new venue, which is set to …
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Dubai’s real estate and properties transactions value hit AED3.89 billion ($1.05 billion) during the week ending October 1, according to the figures of the Department of Land and Property in Dubai. Of …
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