The number of new building licences in Abu Dhabi surged 20 per cent in the first half of this year, as developers in the emirate continue to press on with their projects despite the coronavirus …
( read original story …)
A new McGettigan’s branch to open at Dusit Thani Abu Dhabi
The new branch of the popular Irish chain will replace D’Capital Steak House, and join other popular restaurants within the property like Namak by Kunal … general manager of Dusit Thani Abu Dhabi. A …
( read original story …)
Beirut blast: Lebanese expats in the UAE are a devastated lot
Residents mourn the loss of loved ones, property and businesses back home Dubai: Lebanese expatriates in the UAE are devastated after a blast rocked Beirut on Tuesday, leaving a trail of …
( read original story …)
Well-maintained properties in Dubai’s older neighbourhoods hold price value
Homes in areas, such as Karama, Bur Dubai, Oud Metha are spacious, while the communities offer a vibrant lifestyle and convenient commuting options. Niral Sunil Jhaveri, head of property …
( read original story …)
Dubai Asset Management teams up with Urban to digitise leasing
Leading real estate player partnering with Urban demonstrates a growing appetite for taking the rental journey online, while giving platform users access to high-quality homes across the Emirate’s …
( read original story …)
Investment ripe in UAE hospitality market despite global pandemic
Daniel Harrison, associate partner, specialist commercial property valuation, said … an opportunity for high returns will be created.” Although Dubai opened its doors to international tourists on …
( read original story …)
Raffles Dubai ranked among top 10 hotels worldwide
Raffles Dubai continues to be the leader in Dubai for six years in a row as the number one hotel on TripAdvisoramongst712 properties in the city Raffles Dubai has been awarded two exceptional global …
( read original story …)
Dubai home sales plunge; job cuts, expat repatriation to hurt market
The Dubai housing market continued to take a hit from the coronavirus pandemic, with sales activity plunging by more than half in June, even after real estate agents and other businesses reopened from …
( read original story …)
LA-inspired Dubai megamansion hits the market for $33M
A modern-style mansion on Dubai’s manmade archipelago, Palm Jumeirah, is on the market for just under $33 million. The 14,000-square-foot home was built by clothing industry businessman Michael …
( read original story …)
Dubai developers keen to deliver projects ahead of Expo
It is estimated that 34,917 apartments and 10,803 villas are under construction and will come online this year as developers are keen to complete their projects before the Expo, which was rescheduled …
( read original story …)
What Dh1m can buy you on the UAE’s property market
Buyers can get more for their money thanks to lower deposits, softening prices and smaller unit sizes, say industry experts …
( read original story …)
Majority of UAE residents expect further fall in house prices, rents
Housing market sentiment remains subdued in the UAE, where property prices and rents have been on a decline due to the economic fallout of the coronavirus pandemic. Nearly eight in ten (74 percent) of …
( read original story …)
UAE’s residential property prices, rents to fall 8pc, says survey
Majority of the UAE residents (59 per cent) are expecting a 8 per cent fall in residential property prices and rentals in the second half, according to Peninsula Real Estate, an investment and …
( read original story …)
Home of the Week: This $33 Million Dubai Mega-Mansion Comes With a ‘Free’ Rolls-Royce and Ferrari
Royce Wraith coupe parked in the driveway comes with the house. As does the matching black, ultra-rare $600,000-and-up Ferrari 599 GTO. Same goes for the fully custom, mustard-yellow Harley-Davidson …
( read original story …)
Dubai developer Nakheel in talks to refinance debt amid economic downturn: Reports
A shows a banner of Dubai’s property giant Nakheel flutters near construction sites and skyscrapers in the Gulf emirate of Dubai. (AFP) Dubai property developer Nakheel has approached banks to …
( read original story …)
Photos: The 5 most expensive villas launched this year in Dubai
Dubai has continued to witness the launch of ultra-luxury villas and penthouses even during the months of the coronavirus pandemic. The five most expensive luxury properties launched across Dubai in …
( read original story …)
Dubai property developer Nakheel in talks to refinance debt – sources
Dubai property developer Nakheel has approached banks to refinance outstanding debt, sources said, amid an economic downturn which is exacerbating property oversupply problems and has raised concerns …
( read original story …)