Dubai: Dubai’s property market is seeing a mini-resurgence in luxury home sales after a rather dull run last year. And the numbers prove it. In the first five months of this year, the number of …
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Abu Dhabi, Al Ain malls hold 24-hour Eid sales
… eight malls during the round the clock 24-hour sales festive Eid sales in a collaboration between DCT Abu Dhabi and Line Investments & Property. Wajeb Al Khoury, director of Line Investments & …
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Abu Dhabi fund is said to take full ownership of prime Manhattan office tower
The deal would give the Abu Dhabi fund, already the building’s majority holder, full ownership. Vornado on Monday said it agreed to sell its interest in the property as part of a “buy/sell process …
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Dubai offers long-term residence, retirement visas to lure wealthy Chinese to boost slumping property market
Dubai has set its sights on wealthy foreign investors, including the Chinese, by offering sweeteners such as long-term residence visas and retirement options, amid a slump in property prices. Dubai, …
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Dubai is most affordable among expensive cities
Regional financial capital Dubai is the most affordable market for luxury property market among the world’s top 10 cities as the average price declined 84 per cent from its peak level in the last five …
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Long Visas Attracts International Real Estate Investors to Dubai
Dubai witnessed 33 per cent surge in transactions, worth Dh34 billion in first five months of 2019. International investors have shown significant interest in the UAE’s real estate market following …
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Is it legal for Dubai real estate agents to ask for your salary certificate?
I viewed an apartment in Dubai and decided to go for it. However, when I approached the real estate firm, an agent told me that I needed to submit a salary certificate and a three-month bank statement …
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Fund flows will reset Dubai property values: Be patient with real estate price recoveries
Despite Dubai’s property transactions rising for the first five months, the literature on real estate is still replete about prices falling … and of an unquantifiable supply pipeline. It is absurd …
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Dubai’s real estate reforms keep the city vibrant
In Dubai, the real estate sector is usually the topic of discussion during meetings and community gatherings. Many people talk about the sector as if they are experts, big investors or owners of …
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Dubai’s Palm Jumeirah Ready for Showtime
The new projects on the Palm are being delivered amid a glut of new development in Dubai which continues despite tumbling property prices. The paradox is in part related to earlier attempts by the …
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Property sales remain steady through Ramadan
In 2018, 8 percent of overall property sales transactions in Dubai took place during Ramadan, cumulatively worth AED 6.49 billion compared to AED 76.27 billion for the year. In terms of volume, the …
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Abu Dhabi’s appetite for regional growth
According to Abu Dhabi’s Tourism and Culture Authority, the hotel market experienced a 7% increase in supply last year, currently standing at 168 properties with 32,971 keys. In terms of implications …
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Ramadan property sales in Dubai steady last 4 years
Real estate transactions in Dubai during Ramadan have been consistent for the past four years, with 2015 seeing a spike in sales, said Property Finder, a pioneering real estate portal in the Mena …
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Ramadan property sales in Dubai consistent for last 4 years, reveals Property Finder
In 2015, 13% of overall property sales in Dubai were during Ramadan Ramadan has coincided with summer since 2008 It is a good time to look for deals since there is less competition in the market June …
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Best Marriott Bonvoy In Abu Dhabi: St Regis Vs Ritz Carlton Vs Westin Vs Sheraton
Whether you are paying for your stay or redeeming Marriott Bonvoy points, whether you are travelling as a family or a couple or on business, it’s worth knowing which is the best and best value …
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Luxury Dubai property prices fall 4.7% in past year
Luxury property prices in Dubai have fallen by 4.7 percent on average over the past year, according to new research by real estate consultancy Knight Frank. Its Prime Global Cities Index for Q1 2019 …
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UAE’s new permanent residency rule to help property market
Dubai: The UAE’s recently-launched permanent residency scheme could be a game changer and provide a fillip to the real estate market by encouraging expatriates to invest in property and settle in the …
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