ValuStrat Price Index shows average quarterly improvement of 0.8% as Q1 sees accelerated positive trends for the first time since 2014 …
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Shrinking population to continue to put pressure on UAE property prices
Knight Frank says pre-coronavirus pandemic population levels in the UAE are not expected to return until late 2022 at the earliest …
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Inside the ‘£200m’ UK property empire of Dubai ruler Sheikh Mohammed who kidnapped his own daughter from Britain
WHEN you’re among the richest royalty in the world, sometimes a single multimillion-pound mansion just won’t do. That seems to be the case for Sheikh Mohammed bin Rashid Al Maktoum, …
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Residential property values in top UAE markets down in 2020
With population levels in UAE’s top real estate markets, Abu Dhabi and Dubai, estimated to have declined by roughly 5% in 2020, growing levels of supply and existing vacancy levels, there has been a …
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Bloom’s 181-unit residential development in Abu Dhabi sold out in 6 hours
Aldhay is designed to become an exclusive residential community in one of the most prestigious areas in Abu Dhabi city …
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Dubai property investors hold back assets’ sale as prices increase
As the property prices recover in Dubai, investors are holding back the sale of their assets to bargain for a better price, as an element of greed has set in, according to analysts. They said signs of …
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UAE sees strong demand for villas, townhouses as prices drop
With work from home becoming a central aspect of post-pandemic life, the UAE is witnessing a strong demand for good quality villas and townhouses mainly driven by end-users capitalizing on favorable …
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Developer Bloom says new Abu Dhabi project sells out in six hours
Abu Dhabi-based real estate development company, Bloom Properties, on Wednesday announced that the first phase of its Aldhay project has sold out within six hours of release onto the market. The …
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Revealed: the huge British property empire of Sheikh Mohammed
Holdings of more than 40,000 hectares in London, Scotland and Newmarket make Dubai ruler one of UK’s biggest landowners …
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Real estate outlook: Dubai’s property values will continue to face pressure in 2021
Dubai’s residential property market, which has recently seen a surge in demand from investors and first-time buyers, is expected to continue to face pressure this year, according to a new analysis.
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Barceló Hotel Group announces Ramadan offers across UAE properties
Barceló Hotel Group (BHG) is offering guests the opportunity to spend some much-needed quality time with family and friends this holy month of Ramadan with Barceló properties throughout the UAE.
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The UAE’s residency visa reforms drive Indians to buy residential properties in Dubai
Property consultants said they’re seeing a shift in demand from compact residences to those that have extra space as the work-from-home culture looks like it will last Dubai is seeing a rush of …
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neo capital announces $73m JV purchase of property in US
Dubai-based neo capital, a leading asset management company … The latest acquisition, secured in partnership with Monday Properties for $73 million, provides investors in the UAE and Gulf region …
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No let-up in recovery of Dubai’s real estate market during Ramadan, say experts
While S&P Global Ratings analyst Sapna Jagtiani previously told Bloomberg that she expected the property market in Dubai to ‘bottom out’ next year, after weathering a tough 2020. Taimur Khan, …
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Emaar Properties approves 10pc dividends payment for 2020
Leading Dubai developer Emaar Properties has announced that its board has won approval from shareholders for distribution of 10 per cent dividends for FY 2020. The announcement came at Emaar’s 25th …
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Wasl Properties Announces Its Eleventh Annual Ramadan Arts Competition
wasl properties has announced the launch of the eleventh edition of its annual Ramadan competition that seeks to reward its creative and artistic tenants with exceptional prizes. wasl properties, one …
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Taking a look at Form Hotel Dubai, the only Design Hotel in the UAE
When it opened back in 2018, it was the country’s only hotel to be welcomed into the Design Hotels family – a collection of boutique properties which stand out for their striking interior design.
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