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Category: PROPERTY

Posted on 28/08/2020

UAE investors rush to snap up real estate in ‘safe haven’ London

UAE buyers are flocking to the London property market as the UK records its highest ever sales. The British capital is attracting Dubai buyers who are looking for a second home to diversify their …
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Posted on 28/08/2020

Developers offers relief for Dubai property owners missing payment installments

Some of the biggest developers in Dubai are starting to offer more flexibility if buyers miss out on their next installments on handed over properties. This means that if payments are missed, the …
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Posted on 28/08/2020

Staycation guests help Dubai hotels close August on a high

Hotels in Dubai and the UAE have scored a hit by pushing hard on staycation promotions, first during the Eid holidays and over the last two weeks of August. Occupancy levels at many of these …
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Posted on 27/08/2020

Developers offer relief for Dubai property owners missing payment installments

Some of the biggest developers in Dubai are starting to offer more flexibility if buyers miss out on their next installments on handed over properties. This means that if payments are missed, the …
( read original story …)


Posted on 27/08/2020

UAE construction rethinks capital spending plans

Covid-19’s impact on consumer spending demand and government finances may lead to greater challenges for the UAE construction sector in 2021 …
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Posted on 27/08/2020

ENBD REIT’s net asset value drops $15mln due to COVID-19, property slowdown

Dubai real estate investment trust ENBD REIT has seen its net asset value (NAV) decline by $15 million in three months due to the property market slowdown and the coronavirus pandemic. Managed by the …
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Posted on 27/08/2020

Millennial OFWs come home amid pandemic, enjoy property investments

While most of the older overseas Filipino workers (OFWs) are coming home amid the COVID-19 pandemic due to job loss with nary enough savings to start over, many millennials are getting cozy with real …
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Posted on 26/08/2020

Dubai and Abu Dhabi developers offer incentives in bid to drive property sales

Real estate developers are offering discounts, fee waivers and other deals as transaction volumes remain soft due to oversupply concerns amid the coronavirus-induced economic slowdown. Dubai South …
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Posted on 25/08/2020

Dubai retail giant sees consumer confidence rebound post lockdown

Steven Cleaver, director, shopping malls, Al Futtaim Group Real Estate says footfall is increasing in Dubai Festival City Mall …
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Posted on 25/08/2020

Four men steal Dh167,000 worth of face masks and nuts in Dubai, jailed

The group of four men who stole Dh167,000 worth of face masks and nuts will be jailed for six months, a Dubai court ruled on Tuesday. The Asian men, between 23 and 41 years old, used a chainsaw to …
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Posted on 25/08/2020

Lootah sees increase of Dubai residents shifting from renters to homeowners

Dubai: Lootah Real Estate Development (Lootah) – one of the region’s most prominent real estate developers – said there has been an increasing number of Dubai residents shifting from renters to …
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Posted on 25/08/2020

DSS fun, staycation deals to continue for more days in Dubai

Resident families, couples and friends, as well as visitors can pick from a great selection of hotel offers at some of Dubai’s celebrated resorts and destination properties. Dubai Festivals and Retail …
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Posted on 24/08/2020

Wasl Properties extends online Summer Deals campaign

Wasl Properties has announced the extension of its Summer Deals campaign that saw the developer leasing homes in its Dubai portfolio in an online process. Wasl Properties had initially launched its …
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Posted on 24/08/2020

Wasl leases 126 Dubai housing units in 6 hours

Dubai-based wasl properties has announced the leasing of 126 residential units from its residential portfolio across Dubai in six hours as part of its Summer Deals campaign that was launched on August …
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Posted on 24/08/2020

Dubai’s wasl properties rents out 126 homes in 6 hours

wasl properties expects to lease another 200 units after extending its ‘Summer Deals’ campaign. Apart from 5-10 per cent discount on rents, tenants who sign up can also pay off rents via up to 12 …
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Posted on 24/08/2020

Wildlife, Luxury & Adventure, This Island Near Abu Dhabi Is The Perfect Mix of It All and We Are in Love

Sir Bani Yas Island is just a two-and-a-half-hour drive and a 15-minute ferry ride away from Abu Dhabi, making it the perfect getaway for families, couples or even solo travellers looking to get out …
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Posted on 24/08/2020

Dubai real estate sales surge as dollar weakens, says expert

There is a renewed surge in Dubai property sales, particularly from overseas investors, mainly from the UK and European Union who are benefiting from the weak performance of the US dollar over the …
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