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Category: PROPERTY

Posted on 08/04/2021

Investors who struck gold in cryptocurrency are investing in UAE real estate

First-time buyers looking to invest in Dubai property should be aware of several elements While most transactions are still made the old-fashioned way, a few investors have begun to look to make …
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Posted on 08/04/2021

Brits are snapping up Dubai golf real estate amid pandemic

A global increase in demand for green spaces and the opportunity to work from home is driving new investment from British buyers into Dubai golf properties. UK property buyers now account for 40 …
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Posted on 08/04/2021

No prison: Dubai naked photoshoot models will be deported from UAE

Dubai government’s media office announced that the girls would be spared prison All individuals involved in the photoshoot will be deported from the United Arab Emirates Detained models were facing …
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Posted on 08/04/2021

Bloom starts delivery of three-tower property in Dubai

Leading real estate developer Bloom Properties has announced that it has begun the handover of the luxurious apartments within its premium development, Bloom Towers, located in Jumeirah Village Circle …
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Posted on 07/04/2021

UAE’s house price falls decelerating

In Dubai, residential property prices fell by 2.93% during 2020, an improvement from the prior year’s 4.05% decline. During the latest quarter, house prices in Dubai increased slightly by 0.52% q-o-q.
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Posted on 06/04/2021

How 130 Dubai Assets Were Traced To Nigerian Ex-Governors, Senators

“Corrupt Nigerian elites have managed to evade detection and massively invested into the UAE property market particularly in Dubai. As argued by Barnaby Pace, “We know that the criminal and …
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Posted on 06/04/2021

Bloom Properties Begins Handover Of Bloom Towers Apartments In Dubai

Leading real estate developer, Bloom Properties announced today that it has begun the handover of units to owners at its premium development in Dubai, B …
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Posted on 06/04/2021

UAE to launch e-notary notary management system to detect fake agencies

Sultan Al Badi, UAE’s Minister for Justice … He pointed out that an agent who misuses the power of attorney regarding the sale of a property is liable to be prosecuted by a jail term and a penalty, …
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Posted on 06/04/2021

TMKN Property completes $217m Al Jimi Avenue in Abu Dhabi

Mixed-used development offers 600 apartments, in addition to commercial and office spaces and other facilities …
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Posted on 06/04/2021

Dubai’s Ellington Properties and Al Hilal Homes launch high-end villas in The Palm Jumeirah to meet lifestyle aspirations of international investors

Ellington Properties, Dubai’s design-led property developer, has signed an agreement, valued at about US$82 million, with Al Hilal Homes, a leading real estate brokerage firm, to offer premium homes …
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Posted on 05/04/2021

UAE: Man celebrates baby’s birth with fireworks, burns 5 cars and property

Dubai Police arrested a young Arab man who celebrated the arrival of his newborn baby with crackers and fireworks — and ended up causing considerable damage to his neighbours’ property in the process.
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Posted on 01/04/2021

Dubai property price rise reflects healthy demand

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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Posted on 01/04/2021

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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Posted on 01/04/2021

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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Posted on 31/03/2021

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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Posted on 29/03/2021

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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Posted on 29/03/2021

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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