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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Ain Dubai observation wheel receives first capsule
Ain Dubai observation wheel has installed its first capsule, it was announced on August 23. Remaining 47 capsules are scheduled for gradual placement to create what is slated to be the world’s tallest …
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Aldar makes strong progress on sustainability agenda; launches ambitious new commitments
ABU DHABI: Aldar Properties today published its second annual sustainability report, demonstrating strong progress in 2019 and charting an ambitious roadmap for the future through a number of key …
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Saudi Arabia obligates government agencies to disclose overseas property holdings
Move comes after Saudi properties Agency finds overseas holdings not logged Abu Dhabi: Saudi authorities have directed government agencies holding overseas properties to submit renting or ownership …
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Aldar, banks lift sentiments on Abu Dhabi index
Taking a cue from the Aldar, Abu Dhabi based banks also had a strong day. ADCB rose sharply by 5.56 per cent while First Abu Dhabi gained 0.18 per cent. ADIB shares were unchanged after a rally of …
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‘Tough’ months ahead for Dubai’s property market: DAMAC CEO
The coronavirus pandemic has somewhat eased Dubai’s oversupply problems, but the months ahead will remain tough for the emirate’s real estate market, a top developer said. Hussain Sajwani, the founder …
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Weakening dollar boon for Dubai’s property market: analysts
The weaker dollar has proved to be a boon for Dubai’s real estate sector, attracting investments from overseas investors during the last few months. Analysts said that the inflow of foreign …
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Weakening dollar boon for Dubai’s property market, say analysts
“Many market watchers are predicting that the dollar will soften by a further 1.75 per cent by the end of this year, so it could be fairly safe to assume that Dubai’s property market will benefit from …
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Dubai’s Grand Cosmopolitan Hotel is the first Bureau Veritas-approved independent five-star property
The Grand Cosmopolitan Hotel in Al Barsha has become Dubai’s first independent five-star hotel to be given the hygiene stamp from Bureau Veritas. Launched in response to the ongoing COVID-19 crisis …
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Lockdown ‘driving demand for bigger apartments’ in UAE: Property Finder
UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has witnessed a surge in demand for its two and three-bedroom apartments at its Seven Palm development …
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Dubai realty sector defies challenges
Dubai’s property market has defied the COVID-19 challenges as the sector showed strength and sustainability during the crisis. The real estate market in the emirate is expected to improve quickly due …
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MIDEAST STOCKS-Property shares weigh on Dubai as major Gulf markets ease
Most major stock markets in the Gulf were subdued in early trade on Tuesday, as the Dubai index was hit by losses in real state shares. Property prices in Dubai, which has a diversified economy that …
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Dubai South Properties launches ten-year rent-to-own scheme
Master-developer, Dubai South Properties, today announced an exciting new rent-to-own scheme for new tenants of The Pulse the heartbeat of its Residential District, with easy and direct access from …
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Man dupes tenant of Dh77,000 after forging property papers in Dubai
A manager, who allegedly duped an expat tenant of Dh77,000 after he forged a title deed of a residential unit, has been charged with fraud and forgery at the Dubai Court of First Instance. According …
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Dubai South Properties unveils rent-to-own scheme for key project
Master-developer Dubai South Properties has announced a new rent-to-own scheme for its new tenants of The Pulse – the heartbeat of its Residential District, with easy and direct access from Expo Road.
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Hong Kong, UAE, and Indian buyers push prime London property market to busiest in over five years
Prime Central London (PCL) residential property market is the busiest it has been for over five years, with buyers from Hong Kong, India and the UAE leading interest in buying luxury properties.
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Abu Dhabi’s Aldar second-quarter profit rises 2%
Abu Dhabi developer Aldar Properties reported a 2% rise in second-quarter profit on Thursday. The state-linked builder of Abu Dhabi’s Formula One circuit made …
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