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Category: PROPERTY

Posted on 13/06/2021

Who is buying Dubai’s villas, apartments?

Here’s a quick peek into what’s behind the buying frenzy …
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Posted on 13/06/2021

Dubai’s Palm view launches luxury apartments in Palm Jumeirah

After a successful pre-launch in April, 263 fully-furnished apartments are now for sale Dubai: Dubai’s property market welcomes new luxury apartments at the foot of The Palm Jumeirah, Palm View. It is …
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Posted on 13/06/2021

What else may the investors wait for to buy a property in Dubai? Expert asks

Dubai: Expert, Walid Al Zarooni, noted the unprecedented robust investing response in the Emirate of Dubai, and the record turnout local and foreign investors take out. Most of the real estate …
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Posted on 12/06/2021

Villas continue to lead Dubai property market out of price slump in May

New research indicates that Dubai residential values have risen by up to 5.4% so far this year Average residential property prices in Dubai have increased by up to 5.4 percent so far in 2021 following …
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Posted on 11/06/2021

Mouni Roy’s Latest Meal At Abu Dhabi Was A Lavish Affair – See Pics

Mouni Roy is a self-confessed foodie. She shares glimpses of her meals every now and then. Recently, Mouni enjoyed a lavish meal at Abu Dhabi. See pics inside. Mouni Roy is known for her fitness. One …
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Posted on 11/06/2021

Dubai’s weeklong real estate transactions valued at $2.91bln

According to the DLD weekly report, 219 plots were sold for $397mln, 1,418 apartments and villas were sold for $765mln …
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Posted on 09/06/2021

Founder of Dubai’s Damac offers $255mn all cash plan to take property firm private

United Arab Emirates property tycoon Hussain Sajwani made a $255mn offer yesterday to buy out minority shareholders in Damac Properties, which he has run for nearly two decades.
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Posted on 09/06/2021

Moody’s affirms Aldar Properties’ Baa2 rating; stable outlook

Moody’s has affirmed Aldar Properties’ Baa2 issuer ratings, with the rating outlook remaining ‘stable’, driven by strong property …
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Posted on 09/06/2021

Ultra-luxury Dubai property deals jump to $68m during Q1

Luxhabitat Sotheby’s announced the complete project sell-out of the ultra-luxury Four Seasons Private Residences within three months of its launch. Ultra-luxury property deals in Dubai are booming …
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Posted on 09/06/2021

Abu Dhabi, Saudi manage small gains

DUBAI: Major Gulf markets ended lower on Tuesday, while Abu Dhabi and Saudi Arabia eked out marginal gains, as sentiment was pressured by weak oil prices. Brent crude was down 58 cents, or 0.8%, at …
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Posted on 08/06/2021

German expat in Dubai sells signature Palm Jumeirah villa for Dh70.2 million

Dubai: A German expatriate living in Dubai has sold a refurbished signature villa for a whopping Dh70.2 million — one of the highest recorded sale up until now. Holger Albers, a shareholder of …
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Posted on 07/06/2021

FAB in deal to provide housing finance for UAE nationals

First Abu Dhabi Bank (FAB) has announced the signing of an agreement with the Mohammed bin Rashid Housing Establishment (MBRHE) to provide flexible financing options for UAE nationals seeking suitable …
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Posted on 06/06/2021

Dubai’s Emaar Properties signs property assets protection agreement with DIFC Courts

Emaar agrees to promote the court’s Wills Service to provide additional protection on real estate investments in the UAE.
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Posted on 04/06/2021

Dubai Property Market Re-Emerging from Pandemic Outbreak

According to GlobalData, Dubai’s construction sector is showing early signs of a long-awaited recovery in 2021. Government-controlled real estate developers are planning new projects in response to …
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Posted on 03/06/2021

Resurgent property market: Facing a rent hike? UAE tenants can have the upper hand in rental contract negotiations

With the UAE property showing signs of recovery, and rents seen rising in some parts as a result, it would be useful for a largely tenant-led real estate market to understand how one could potentially …
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Posted on 02/06/2021

The Perfect Staycation Destination at the Western Region of Abu Dhabi

Discover an affordable yet relaxing destination offered by the first ever hotel in the Western Region of Abu Dhabi. Visit Ruwais and head over to a long-standing 3-Star Dhafra Beach Hotel where the na …
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Posted on 01/06/2021

Supply glut keeps Dubai on sidelines of prime property upswing

Dubai, Buenos Aires only two cities in Knight Frank’s 25 prime locations list to see prime residential value decline.
( read original story …)


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