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Category: PROPERTY

Posted on 27/04/2020

UAE, GCC markets gain on Sunday; market cap up by Dh165 billion

Dubai Financial Market jumped 3.5 per cent to 1,956 points. In Abu Dhabi, the index jumped 2.93 per cent to 4,181 points.
( read original story …)


Posted on 26/04/2020

Modon completes construction of 5 new mosques in Abu Dhabi

Abu Dhabi Department of Municipalities and Transport (DMT) has announced that it has completed work on five of the 20 mosques that are being built across the emirate in co-ordination with Modon …
( read original story …)


Posted on 26/04/2020

Handovers underway at Aldar’s The Bridges on Reem Island, Yas Acres on Yas Island

ABU DHABI – Aldar Properties today provided an update on projects under development across Abu Dhabi. In a press release, the company listed the handovers and progress being made on various of its …
( read original story …)


Posted on 26/04/2020

Aldar starts delivery of 636 homes in Reem Island towers

UAE developer Aldar Properties said it has started handover of all the 636 apartments within the first three towers at The Bridges on Reem Island in Abu Dhabi, while construction was advancing at a …
( read original story …)


Posted on 26/04/2020

Dubai Stocks Rise Most in Mideast as States Start to Ease Curbs

Equities in Dubai advanced as Gulf authorities started to loosen curbs to contain. The metro, public buses and taxi services were restored on Sunday as the emirate joined other cities around the world …
( read original story …)


Posted on 25/04/2020

UAE’s $70bn stimulus will help buyers get on property ladder, says Seven Tides CEO

The UAE’s $70 billion economic stimulus package will make it easier for first-time buyers to get on to the property ladder, according to the CEO of a UAE-headquartered residential, hospitality and …
( read original story …)


Posted on 24/04/2020

Video: UAE builds 5 mosques amid coronavirus pandemic in time for Ramadan

(@abudhabidmt) on Apr 24, 2020 at 6:29am PDT The development also in line with the vision of creating an ideal ground that contributes to stimulating demographic and economic growth, providing …
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Posted on 24/04/2020

Dubai property market oversupply shows signs of easing

reflects a more positive buyer sentiment in Dubai Dubai’s residential sector showed a resilient start to 2020, with a year-on-year increase in sales, according to Chestertons MENA. In its analysis of …
( read original story …)


Posted on 24/04/2020

Abu Dhabi Ports offers new relief measures to industrial and economic zone businesses

The package of measures for existing customers includes a three-month deferral on rents for the second quarter, a freeze on late payment penalties and an exemption from the property-registration …
( read original story …)


Posted on 23/04/2020

Yas mall launches ‘We shop for you’ service and unveils new zomato partnership

Saoud Khoory, Executive Director of Retail, Aldar Properties says: “As the leading real estate company in Abu Dhabi, we are focused on delivering long-term sustainable value creation. As such, we will …
( read original story …)


Posted on 23/04/2020

COVID-19: What to expect when malls in UAE reopen with restrictions

Authorities in Dubai and Abu Dhabi have issued guidelines on what … in recreational activities where they exist’ * All rental properties for tourist and leisure facilities; and * Desert …
( read original story …)


Posted on 23/04/2020

UAE property slump to linger well into 2021: S&P

The widespread lockdowns and bans on cross-border travels due to coronavirus have kept investors away from the property market. In March alone, off-plan residential sales transactions volume in Dubai …
( read original story …)


Posted on 22/04/2020

Property Finder launches Live Viewings on portal

Property Finder, a leading property portal in the Mena region and Turkey, has launched Live Viewings on its website as part of its “House Hunt from Home” initiative created for the current market …
( read original story …)


Posted on 22/04/2020

Azizi’s Dubai Creek Views tower 37% complete

… views of the iconic Dubai Creek and the picturesque Downtown Dubai skyline. A 20-storey development, Creek Views features 634 residences, comprising 396 studios, 218 one- and 20 two-bedroom units …
( read original story …)


Posted on 21/04/2020

Dubai real estate fund weighs debt options amid downturn -sources

Emirates REIT, a Dubai-based sharia-compliant real estate investment trust, is considering buying back some of its roughly $400 million in outstanding Islamic bonds to improve its balance sheet, three …
( read original story …)


Posted on 21/04/2020

Property Finder goes live, bringing real-time property viewings to your fingertips #househuntfromhome

In March 2020, Dubai saw a total of 3,098 sales transactions and 1,300 in April 2020 till date despite the 24 hour lockdown. According to Lynnette Abad, Director of Research and Data “The Property …
( read original story …)


Posted on 21/04/2020

Azizi’s Dubai Creek Views tower 37pc complete

… views of the iconic Dubai Creek and the picturesque Downtown Dubai skyline. A 20-storey development, Creek Views features 634 residences, comprising 396 studios, 218 one- and 20 two-bedroom units …
( read original story …)


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