wasl Asset Management, one of the largest real estate development and management companies in Dubai, has announced the launch of wasl Karama Bazaar, which will provide free stalls for Emirati small business owners. The event will be hosted at the Karama …
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Claims the design of new iconic skyscraper, the Dubai Frame, was stolen
“What do you do when the independent government agency trusted by the ruler of Dubai to regulate and monitor the real estate developer’s performance actually participates in a cover-up operation that deprives investors of their rights?” Oye sai
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Noor Bank partners with DAMAC Properties to offer home financing on select luxury residential units
The real estate industry represents one of the main pillars of the … on 4 February at an exclusive event at the DAMAC Hills Sales Center in Dubai. In addition to preferential pricing, the bank offered personalised service, discounted processing fees …
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Danube Properties unveils $82m project in Dubai
Dubai-based developer Danube Properties launched today its new $82m (AED300m), G+4 realty project called ‘Resortz’. The development project, planned for Dubai’s Arjaan neighbourhood, will consist of 444 units – 25 of which will be retail shops …
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DAMAC Properties Dubai (DAMAC:DU) Heffx Trading Outlook
Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 2.87. The projected lower bound is: 2.66. The projected closing price is: 2.76. A big black candle occurred.
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Dubai Real Estate News: Jumeirah Central
Jumeirah Central, Dubai’s new urban mixed-use district, will make its international debut at MIPIM 2017, the annual gathering of the world’s most influential international property players. Master planned by Dubai Holding, the global investment holding …
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Aldar Properties : TAQA, Aldar drag ADX down at Monday’s open
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Monday’s trading session in the red, pressured by the fall of five stocks led by TAQA and Aldar Properties. The general index fell 0.06% or 2.79 points to reach 4,433.64 points by 10:50am …
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Dubai Real Estate Assets Returns Topped 120% Over a Decade
Nearly 10 years have passed since the World Financial Crisis, which commenced with a collapse in the sub-prime mortgage market in the USA. It later developed into a full blown international banking crisis causing equities, commodities and real estate …
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Abu Dhabi Financial Group to maintain growth strategy
The Abu Dhabi Financial Group (ADFG), an alternative investment company with US$5 billion in assets, will maintain its growth strategy this year after a busy 2016 that included investments in banking and property. The company doubled its revenue last year …
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Abu Dhabi tenants in limbo over Tawtheeq system
ABU DHABI // Property agents say they have hundreds of tenants left waiting without power because of a fault in the Tawtheeq housing registration system. More than three weeks after the latest computer system was introduced, residents are still spending up …
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Dubai Frame Approaches Completion Amid Allegations of Stolen Intellectual Property
The Dubai Frame is scheduled to open later this year. Image via Instagram user bachir_photo_phactory Dubai’s newest mega-attraction, a 150-meter-high, 93-meter-wide picture frame structure dubbed the “Dubai Frame” is approaching completion after a …
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Surprise Return of Abu Dhabi Rent Cap
The cap was first applied in 2006, but was abolished in late 2013, a move that helped spark steep rent rises as a broader rebound in the UAE property sector took hold in Abu Dhabi. Values are again in decline after Abu Dhabi’s government reined in …
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UAE- Invest wisely in off-plan property to reap good returns
(MENAFN – Khaleej Times) Dubai is the most populous city in the UAE. Once a major transport hub for passengers and cargo, the city is now powered by tourism, real estate and financial services. Though the city started its early development based on oil …
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Dubai real estate agent’s Dh5,000 renewal fee is far higher than normal
I am about to renew my tenancy for a two-bedroom villa in Mirdif. I received the renewal notice from the real estate agency stating that I need to pay Dh95,000 for the annual rent and Dh5,000 for the agency fee. Are they allowed to charge such a high …
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Dubai's real estate market is mature and…
Damac properties has almost been a bellwether in the Dubai property market. Even during the market’s lean phase, Damac was consistent with its product launches, much to the surprise of market stakeholders. That strategy continues even today. “We are …
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Dubai's real estate market is mature and streamlined
Damac properties has almost been a bellwether in the Dubai property market. Even during the market’s lean phase, Damac was consistent with its product launches, much to the surprise of market stakeholders. That strategy continues even today. “We are …
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New online property will developed for non-Muslims
Dubai: A new property will has been developed online specifically for non-Muslim property owners in Dubai and Ras Al Khaimah. They can now draw up their will and register it in Dubai for a quick and hassle-free succession. Despite the continuous year-on …
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