Abu Dhabi-based developer Reportage Properties is developing 10 projects which will deliver about 4,000 housing units in Dubai and Abu Dhabi. Islam Ahmed Suleiman, CEO of Reportage Properties, said …
( read original story …)
Dubai property sales break 7-year record, top areas revealed
Secondary residential property sales in November 2020 broke a seven-year record as local real estate steadily recovers from the impact of the pandemic and oversupply. The top areas for secondary …
( read original story …)
Dubai’s secondary home sales hit 7-year high; buyers spend $1.5bln in one month
The secondary property market in Dubai has hit the highest record in seven years, with thousands of completed homes worth 5.7 billion dirhams ($1.5 billion) snapped up in just one month, the latest …
( read original story …)
Rents in Dubai: Where can you get a studio apartment for just Dh15,000?
Though demand for villas and townhouses has been on the rise since the pandemic, studio apartments are also seeing fairly good demand in the emirate. Below is a guide for people looking for economical …
( read original story …)
Dubai’s Emaar founder Alabbar steps down, takes managing director role
Dubai’s largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, as managing director, and appointed Jamal Bin …
( read original story …)
Dubai’s Emaar appoints new chairman as founder takes managing director role
Dubai’s largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, as managing director, and appointed Jamal Bin …
( read original story …)
Man arrested in Dubai for setting off ‘dangerous’ fireworks in viral video to celebrate baby’s birth
Dubai Police has arrested a man for ‘dangerously’ setting off fireworks in a residential area and causing damage to properties. The man, who had appeared in a viral video while setting off fireworks …
( read original story …)
Sujimoto’s Banana Island Project to be the next Downtown, Dubai
You buy ‘a property’ when you want to be somebody, but you buy a LeonardoBySujimoto when you are already someone” In 2004, a young company with an aggressive and innovative CEO, Mohamed Alabbar – …
( read original story …)
Contractors ‘have not absorbed lessons of Dubai property crash’
Smaller, newer firms still vulnerable to contract disputes due to lack of awareness, says leading construction lawyer …
( read original story …)
Faster UAE hotel occupancy spike to lead Mena rebound in 2021
Markets expected to continue benefiting from ongoing tourism initiatives, upcoming mega projects and domestic tourism …
( read original story …)
21 NEW HILTON PROPERTIES TO VISIT IN 2021
An unprecedented year is finally nearing its end, and people across the world are hopeful that 2021 will usher in a return to normalcy – not just in our daily routines but our travel plans. Conrad Abu …
( read original story …)
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) …
( read original story …)
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.
( read original story …)
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 …
( read original story …)
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 …
( read original story …)
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 …
( read original story …)
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 …
( read original story …)