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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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Aldar Properties to develop $1.3bn worth of projects in Abu Dhabi
Abu Dhabi’s Aldar Properties is set to appoint contractors to develop $1.3 billion (AED5bn) worth of social, economic and infrastructure projects in three areas of the emirate. Appointed by the Abu …
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Le Méridien Abu Dhabi now a five-star property post renovation
Le Méridien Abu Dhabi has been re-instated as a five-star property by the Abu Dhabi Tourism & Culture Authority, after the hotel recently underwent a renovation. Khalid Anib, chief executive officer …
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Dubai Real Estate Institute signs MoU with Abu Dhabi’s Adveti
Dubai Real Estate Institute, the educational arm of Dubai Land Department (DLD), has signed a memorandum of understanding (MoU) with Abu Dhabi Vocational Education and Training Institute (Adveti) to …
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Dubai property looks to Fed, not Expo for signs of recovery
Dubai property investors once looked to Expo 2020 for a long-awaited rebound. But as prices continue to decline in the emirate, the expected fall in US interest rates may bring more near-term cheer to …
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Abu Dhabi’s H1 real estate transactions top $8.4bn
The real estate sector in Abu Dhabi has witnessed more than 10,000 property transactions in the first half of the year, thus generating a total of Dh31 billion ($8.4 billion) across the emirate, …
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Development on Reportage Properties’ projects in Abu Dhabi on fast track
Reportage Properties is going ahead on the fast track with its projects in Abu Dhabi, mainly in Masdar City and Al Raha Beach. “The company recently completed the delivery of the units at “Leonardo …
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Freehold areas dominate investor attention in Abu Dhabi, while suburban communities lead rental market: H1 2019 report
Abu Dhabi’s recent decision to open up the freehold property market has widened the pool of investors in the region. Interest has soared for freehold areas like Al Reef, Al Raha Beach and Masdar City, …
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Abu Dhabi’s Aldar launches rent-to-own scheme for West Yas homes
Abu Dhabi-listed developer Aldar Properties has launched a rent-to-own scheme for select homes in its West Yas residential community on Yas Island in Abu Dhabi. The scheme, according to an Abu Dhabi …
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Freehold areas dominate investor attention in Abu Dhabi, while suburban communities lead rental market – Bayut’s H1 2019 market report
Abu Dhabi’s recent decision to open up the freehold property market has widened the pool of investors in the region. Interest has soared for freehold areas like Al Reef, Al Raha Beach and Masdar City, …
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The state of play of the Dubai property market in June 2019 and beyond
There has been so much negative talk in the Dubai Property market, I felt it was time to voice my opinion from the experiences I have had throughout my years of dedication to real estate in the city. …
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