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Category: PROPERTY

Posted on 11/12/2020

HashCash to Help Leading Enterprise in Abu Dhabi with Real Estate Tokenization

HashCash partners with a leading real estate enterprise in Abu Dhabi for ease in property management through real estate tokenization. PALO ALTO, Calif. (PRWEB) …
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Posted on 11/12/2020

The UAE ranks as third most innovative Middle East economy: Report

The United Arab Emirates is the third most innovative economy in the Middle East and North Africa, according to the 2020 Global Innovation Index. The UAE also ranked in the top 35 countries overall.
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Posted on 11/12/2020

Foreigners own 8.4bln shares in 6 UAE real estate companies worth $5.77bln

The significant rise in the number and value of shares owned by foreign investors in real estate companies followed a surge in their share prices in recent months …
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Posted on 11/12/2020

Demolition of 144 floors of Mina Plaza in Abu Dhabi creates new world record. Watch

The demolition of a 541.44-foot-tall building in Abu Dhabi has bagged a Guinness World Records title. Made up of 4 towers, 144 floors of the structure known as Mina Plaza were reportedly demolished in …
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Posted on 11/12/2020

Dubai’s Nakheel and Spanish RIU Hotels & Resorts chain in JV

DUBAI, UAE – Dubai’s first 4-star beachfront resort opened on Thursday. Located on Deira Islands, 800-room property is a joint venture between local developer Nakheel and the. Labelled Riu Dubai, the …
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Posted on 11/12/2020

Dubai set to break new records with world’s tallest residential tower

Planned 711m-tall tower to be part of Meydan One development, which will also include world’s longest indoor ski slope …
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Posted on 10/12/2020

UAE Building Enters Guinness World Record After Being Demolished In 10 Seconds | Watch

The controlled demolition took place in Abu Dhabi, UAE, where MODON Properties brought down the 165 metre-tall building using explosives in 10 seconds.
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Posted on 10/12/2020

Dubai’s Expo Live to aid social property venture for low-income families

Expo Live was a promise that Dubai Ruler Sheikh Mohammed Bin Rashid Al Maktoum made when the emirate was bidding for Expo 2020, and he has dedicated a $100m fund to support projects with innovative, …
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Posted on 10/12/2020

Dubai, Egypt spearhead Mideast branded residences sector growth

Use Development (Middle East & Africa) section, added, “Marriott International has a strong pipeline of branded residences …
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Posted on 10/12/2020

Abu Dhabi Building Demolished in 10 Seconds, Sets Guinness Record

Abu Dhabi’s Modon Properties just demolished a 144-storey building in the city, setting a Guinness World Record for a building demolished in the least amount of time using explosives. The building was …
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Posted on 10/12/2020

Du and Smart Dubai launches paperless property rental platform

Du and Smart Dubai Government Establishment (SDGE) have launched a paperless property rental platform to automate business processes among four connected UAE entities. Through collaboration with SDGE, …
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Posted on 10/12/2020

UAE’s Deira Islands is finally open with first Riu Dubai resort, splash park

Dubai’s Deira Islands, a cluster of four man-made isles off the coast of Deira, is finally welcoming its first guests, with the opening of the first mega attraction, the 800-room Riu Dubai. A joint …
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Posted on 10/12/2020

DoubleTree by Hilton Dubai M Square Hotel & Residences opens

DoubleTree by Hilton M Square celebrated the UAE’s 49th National Day with a ribbon-cutting ceremony to unveil the property by AWR Rostamani. The hotel is now open to welcome modern business travellers …
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Posted on 09/12/2020

New Record Set, Skyline Changed: 144 Floors Of Mina Plaza In Abu Dhabi Demolished In Just 10 Seconds

144 floors of the plaza were successfully demolished in a record 10 seconds on November 27, reported Gulf News. It has set a new Guinness World Record of ‘tallest building demolished using explosives …
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Posted on 09/12/2020

Dubai real estate deals hit nine-month peak in November

Nearly 4,000 property transactions are recorded last month as sector recovery from coronavirus is swifter than expected …
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Posted on 09/12/2020

Emaar’s Alabbar confirms that it has halted new projects as Covid hits property demand

Dubai’s largest developer is temporarily halting new projects amid a property glut that, combined with the coronavirus pandemic, has shaved nearly a third off house prices in the past six years. “We …
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Posted on 08/12/2020

Is now the right time to invest in property?

Michael Lahyani, CEO and founder of Property Finder, discusses recovery, where to invest, cities rising in investable real estate, prime properties and the challenges we can expect to see in the near …
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