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Category: PROPERTY

Posted on 18/10/2020

Dubai rents are falling, time to relocate

Residential, office and retail sectors across the UAE’s property market will continue to be tenant-friendly … head of Research, JLL Mena. Dubai’s office market saw its first new stock additions of …
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Posted on 18/10/2020

Dubai prime residential secondary market sales volume doubles

Dubai’s prime residential property market is witnessing strong transaction volumes, especially the secondary market which doubled quarter-on-quarter. According to an analysis by Luxhabitat Sotheby’s …
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Posted on 18/10/2020

What you need to know before vacating a flat in Dubai

As a tenant it is your right to receive the security deposit from your previous landlord while you had vacated the rented apartment.
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Posted on 18/10/2020

UAE property market remains tenant-favourable: JLL Q3 real estate market report

Sectors across the UAE’s property market continue to be tenant-friendly in the third quarter of 2020, according to JLL’s latest UAE Real Estate Market Performance report. Dubai’s office market saw its …
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Posted on 18/10/2020

Aldar Properties offers UAE frontline workers DHS4,000 Yas Mall vouchers, refunds on property purchases

UAE developer Aldar Properties has signed an MoU with the Frontline Heroes Office (FHO) on Saturday to offer these workers special offers on entertainment options across Abu Dhabi, as well as on …
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Posted on 17/10/2020

$272m Seven Tides JLT property rebranded Golf Views Seven City

UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has rebranded its AED1 billion ($272 million) development in Jumeirah Lakes Towers from Seven City JLT …
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Posted on 15/10/2020

Modon set to open Abu Dhabi leisure waterfront community

UAE-based Modon Properties will soon be opening up its Hudayriat Recreational waterfront community, located within the 3,000-hectare Hudayriat Island, south-west of the Abu Dhabi main island. The move …
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Posted on 15/10/2020

Sheikh Mohamed tours Abu Dhabi’s new waterfront destination on Hudayriat Island

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today toured Al Hudayriat Recreational Project, a waterfront community …
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Posted on 15/10/2020

Sheikh Mohamed orders six-month rent waiver for businesses on Al Hudariyat Island in Abu Dhabi

The Hudayriat Recreational Project is the second leisure destination, after the Jubail Mangrove Park announced, late last year by Modon Properties, a subsidiary of ADQ, as part of a series of …
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Posted on 15/10/2020

Buying a home in UAE: Should you get on the property ladder right now?

A potential buyer should always consider the risk factors associated with mortgage and conduct a proper financial health check before taking a decision …
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Posted on 15/10/2020

Owners to have more say in Dubai property management

Dubai: All property owners in Dubai have been given two weeks to give their nominations to be members of the OA (owners association) committees overseeing their buildings or communities. This applies …
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Posted on 14/10/2020

Dubai records 50% QoQ higher property sales volume in Q3-20

Dubai’s property sales volume increased by 50% during the third quarter (Q3) of 2020, when compared to the second quarter (Q2) of 2020, as shown by the latest report by Chestertons, an international …
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Posted on 14/10/2020

Dubai’s residential property rental rates down in Q3

Despite a quarterly rise in property sales during the third quarter, Dubai’s real estate market is expected to face further challenges in both the rental and sales market, according to leading …
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Posted on 14/10/2020

Property of the week: a Dh53 million ultra-modern Dubai villa with a cinema, gym and Pilates studio

The National is showcasing some of the best homes on offer with its Property of the Week. This week, we take a look at an ultra-modern villa, located in Dubai’s Jumeirah 3. This sprawling six bedroom, …
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Posted on 14/10/2020

UAE stocks gain $1.08bln in market cap

UAE financial markets on Monday posted gains of around AED4 billion in market cap driven by upbeat sentiments and positive financial statements released by listed firms. For the second day straight, …
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Posted on 14/10/2020

COVID-19: Frontline heroes in the UAE to get housing support and discounts on travel, entertainment

Abu Dhabi: Frontliners in the UAE and their families will soon enjoy a host of discounts and privileges on travel, access to select Abu Dhabi cultural, entertainment and hospitality facilities; as …
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Posted on 13/10/2020

Frontline heroes in the UAE to get housing support and discounts on travel, entertainment

Frontliners in the UAE and their families will soon enjoy a host of discounts and privileges on travel, access to select Abu Dhabi cultural, entertainment and hospitality facilities; as well as …
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