Abu Dhabi’s recent decision to open up its property market has widened the pool of investors in the region, with interest soaring for freehold areas like Al Reef, Al Raha Beach and Masdar City. …
( read original story …)
Emaar dominates Dubai property market with $3.56bn deals
Dubai developer Emaar Properties had dominated the Dubai real estate landscape during the first six months, both in terms of transactional volume and value of overall properties registered including …
( read original story …)
UAE realty set to stabilise
Aditi Hariharan, Senior Consultant, Strategic Consulting and Research at Cavendish Maxwell, said the first half of the year remained challenging for the UAE property sector, as rents and prices …
( read original story …)
Emaar dominates Dubai property market with $3.56bln deals
Dubai developer Emaar Properties had dominated the Dubai real estate landscape during the first six months, both in terms of transactional volume and value of overall properties registered including …
( read original story …)
Dubai Property Developer Buys Troubled Fashion Brand Roberto Cavalli
After months of speculation, Dubai-based property developer Damac Properties has emerged as the new owner of Italian fashion house Roberto Cavalli. Last month, Arabian Business reported Damac …
( read original story …)
UAE property: Abu Dhabi tenants happy to negotiate as residential rents soften
The Abu Dhabi real estate review issued by ValuStrat reported that the emirate’s residential capital values in the second quarter of 2019 were 13.3 per cent lower than last year and 3.3 per cent than …
( read original story …)
Challenging market conditions continue in Q2 2019: Cavendish Maxwell UAE property report
Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its UAE Property Market Report for Q2 2019, containing key data and trends for Dubai, Abu …
( read original story …)
Emaar accounted for largest share of all property sales in Dubai in H1 – report
Emaar Properties recorded 4,756 transactions cumulatively worth Dhs13.1bn in the first six months of this year, accounting for the largest share of all property sales in Dubai, a report has found. …
( read original story …)
Dubai-based app connects tenants with property managers
Joe Moufarrej has created cloud-based platform Happy Tenant to keep tenants informed about their rented property, putting them in contact with their managers, property owners and neighbours to help …
( read original story …)
Aldar Properties wins US$1.36bn government contracts in Abu Dhabi
Multiple Abu Dhabi government entities have partnered with Aldar Properties to deliver social, economic and infrastructure projects worth US$1.36bn across a number of major destinations in the emirate …
( read original story …)
Average Dubai property prices now nearly 30% lower than 2014 peak
Average Dubai property prices are now nearly 30 percent lower than their peak in mid-2014, according to new research. Real estate consulting firm ValuStrat said in a new report that citywide values in …
( read original story …)
Aldar Properties wins multiple AUH contracts
Aldar Properties has partnered with several Abu Dhabi Government entities to deliver social, economic and infrastructure projects to the tune of $1.36 billion across multiple key destinations in Abu …
( read original story …)
The Abu Dhabi Edition: The Ultra-Mod Hotel Group Arrives In The UAE
Credit: The Abu Dhabi Edition Started a little over a decade ago by Ian Shrager in collaboration with Marriott, the Edition Hotels brand has taken off in recent years with ten properties opened …
( read original story …)
Dubai property investors win five-year visas after $54m commitment
Dubai Land Department (DLD), in coordination and cooperation with the General Directorate of Residency and Foreigners Affairs (GDRFA), has granted five-year renewable visas to 20 foreign investors …
( read original story …)
Freehold Property vs. Leasehold Property: What makes sense for you?
The introduction of the long-term residency visas for property investors and the much-anticipated launch of the Dubai Expo 2020 on the horizon have significantly boosted interest in the property …
( read original story …)
Dubai realty to remain buyers, tenants’ market for foreseeable future
(MENAFN – Khaleej Times) Property prices and rentals in Dubai continued to decline in the first half of 2019 and this trend will continue in the second half as oversupply will keep the emirate a …
( read original story …)
Dubai real estate: Win-win situation for home buyers and tenants
Dubai’s residential market is expected to remain highly attractive to occupants and buyers thanks to the wide variety of options available at competitive prices. In the short term, however, oversupply …
( read original story …)