Dubai-based Emaar Properties PJSC posted a nine-month 2023 net profit of 8.24 billion dirhams ($2.2 billion), up 42% compared to the same period last year on rising retail sales and higher real estate …
Dubai cements its lead as the global hotspot for luxury, branded residences
Armani, Bugatti, Versace, Kempinski, Address are just some of the world’s top luxury brands who have their branded residences in Dubai. The emirate which is riding an unprecedented boom in its real …
Abu Dhabi-based ADCB to sell 80% majority stake in subsidiary to Nine Yards Plus Holding
to acquire a majority stake in Abu Dhabi Commercial Properties (ADCP), its wholly-owned subsidiary. In a regulatory filing with Abu Dhabi Securities Exchange (ADX), the bank said it would retain 20 …
Dutco and Ellington Properties unveil a new residential development, One River Point, under the Dutco Ellington brand
One River Point is expected to be completed in Q2 2027 Dutco and Ellington Properties today announced the launch of their new waterfront project, One River Point, in Dubai. This comes on the back of …
UAE Property: ‘Can landlords offer tenants conditional contracts?’
Question: Can landlords and tenants make conditional tenancy contracts with a future start date in Dubai?For instance, as a landlord, can I make a rental contract that is subject to the advance …
Dutco and Ellington Properties launch One River Point residential development
Developers Dutco and Ellington Properties have announced the launch of a new waterfront project – One River Point – at Business Bay in Dubai, which will house a collection of 295 residences with a mix …
ADCB to sell majority stake in Abu Dhabi Commercial Properties for more than $108m
Abu Dhabi Commercial Bank, the UAE’s third-largest lender by assets, said it has received a binding offer for a majority stake acquisition in Abu Dhabi Commercial Properties (ADCP), the lender’s …
Dubai’s 10-month residential property deals surpass full 2022 level
Residential transactions in Dubai during the first 10 months of 2023 surpassed last year’s record total transactions, underscoring the sustained demand surge for secondary market and off-plan …
Which Surfing Stars Attended the Opening of Kelly Slater’s Abu Dhabi Wave Pool? Names, Special Moments, and More Discussed
Abu Dhabi is known for its untold riches, which the city has used to build many architectural marvels. Now, Kelly Slater has partnered with Modon Properties, one of the biggest developers in the UAE, …
Finding Your Ideal 1 Bedroom Apartment for Rent in Abu Dhabi
Are you in search of the perfect 1 bedroom apartment for rent in Abu Dhabi? This city, known for its stunning architecture, vibrant culture, and economic opportunities, offers an array of options when …
How Abu Dhabi is fuelling growth in real estate, construction
Abu Dhabi’s construction and real estate sector is governed by both emirate-level and federal laws and agencies. These include the national Civil Transactions Law, which allows moveable property to be …
Russians Lose Taste for Suddenly Pricey Dubai Property
The steep drop in the Russian currency has accelerated a decline in a market that was naturally running out of steam, brokers say.
South African investors turn to Dubai property as a haven
Buyers were mostly entrepreneurs from various industries, as well as experienced and upcoming property investors.
Why Dubai Metro and Etihad Rail could hold secret to next real estate boom
Dubai Metro and Etihad Rail expansion plans could power a real estate boom in Dubai, according to analysis by property investment specialists Provident Real Estate.
Dubai property prices mark 11th consecutive quarter of growth
Prices of residential properties in Dubai have seen their 11th consecutive quarter of growth, up by 5%, according to new data, with apartments in Dubai South seeing a 73% increase over the past year.
Kelly Slater’s Abu Dhabi Wavepool: Everything to Know About the Mega Middle East Synthetic Surfing Destination
For months, now, the surf world’s had their eyes glued to an unlikely region of the globe, the Middle East, and the very secretive construction of a Kelly Slater wavepool. Surf Abu Dhabi, touted as a …
Revealed: Dubai’s most expensive area, best-performing property investments, $27bn off-plan real estate boom
Average Dubai property prices have increased by 19 per cent in the past year. Analysis reveals the most expensive apartments, fastest-growing investments and more …