Aldar Properties has agreed to sell the Abu Dhabi Golf Club Complex, including the Westin Hotel and the Abu Dhabi Golf Course, to a financial investor for AED 180 million. The sale, which has a …
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Aldar Properties sells Abu Dhabi Golf Complex including the Westin Hotel for AED 180 million
Divestment is in line with Aldar’s asset management strategy to actively pursue profitable investment exits and redeploy capital into growth opportunities …
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Aldar Properties to sell Abu Dhabi Golf Complex for Dh180m
Abu Dhabi’s Aldar Properties made its second major divestment in recent days, agreeing to sell the Abu Dhabi Golf Club Complex, which includes a Westin Hotel and Abu Dhabi Golf Course, to an investor …
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Dubai: How to become an AirBnB host? Earn extra income on your home in 2021
Dubai: Looking to kick-start 2021 by injecting some cash into your earnings? A simple, and relatively easy way to do so is by becoming an AirBnB host. In Dubai, home owners and tenants can put up …
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UAE real estate: Off-plan property attractive in prime locations
While the pandemic has forced developers in the UAE to rethink project launches, slowing down the off-plan market considerably, real estate experts say there is a sustained demand for off-plan …
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The most-anticipated 2021 hotel openings around the world
From Las Vegas to Vietnam and beyond, new hotels are still popping up around the world – each with a different feel and vibe. Here are USA TODAY’s top picks for some of the buzziest hotels expected to …
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Mideast Stocks: Saudi shares set to finish 2020 higher, other Gulf markets subdued
Saudi Arabia’s main index which was set to extend its yearly gain to a consecutive fifth year, was down 0.3% …
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Metro Extension To Benefit Thousands of Dubai Property Investors and Residents, Says Nakheel
Tens of thousands of investors and residents in some of Nakheel’s most popular communities will benefit from the opening of four new Dubai Metro stations on 1 January 2021, says master developer …
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UAE-based Provis achieves $1.76mln energy, cost savings in 2020
Abu Dhabi: Provis Real Estate Management, a wholly-owned subsidiary of Aldar Properties, has achieved energy and cost savings amounting to over AED 6.5 million across 12 managed communities in 2020.
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UAE stocks slip after first cases of new virus variant detected
Stock markets in the United Arab Emirates (UAE) fell in early trade on Wednesday after the country reported confirmed cases of the new variant of the coronavirus.
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Dubai Economy Launches Updated Version of IP Gateway
The Commercial Compliance & Consumer Protection (CCCP) sector, in Dubai Economy has launched an updated version of its ‘IP Gateway,’ the online portal for obtaining services related to cases on …
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Damac sees UAE property market recovery in two years
The recovery of the UAE property market to pre-crisis levels could take up to two years, an executive at Dubai-listed developer Damac Properties said. The recovery of the real estate market …
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Major Gulf stocks mixed at start of last week of trade
Major Gulf stock markets were mixed early on Sunday in the last week of trading for the year. Saudi Arabia’s benchmark index has gained 4% this year, Abu Dhabi and Qatar are up 1%, while Dubai is down …
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Damac Sees UAE Property Market Recovery In Two Years, Zawya Says
The recovery of the UAE property market to pre-crisis levels could take up to two years, an executive at Dubai-listed developer Damac Properties PJSC said.
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How much is your property worth in the UAE?
Selling your home is a big decision and can feel overwhelming. You don’t want to overprice your property and drive away potential buyers with an inflated number or under-price it and lose money. Also, …
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UAE real estate: Off-plan or ready property, what are you planning to buy?
Additionally, residential property prices have significantly come down so there are good deals in the secondary market. In the last 12 months, residential property prices in Dubai fell by 11.7 per …
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Dubai property prices slip again in Q3 as UAE forecasts 6% economic blow in 2020
New figures from UAE Central Bank reveal performance of Dubai, Abu Dhabi real estate markets during Q3 Residential real estate prices in Dubai continued to fall but at a slower pace during the third …
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