one of the leading Chinese companies in the UAE property market, to express their gratitude and acknowledgment of the company’s support to Emaar’s real estate projects across the globe.
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Nearly 44,000 Dubai residential units past 65% complete as 2018 ends
“This has been more than the number of units handed over in the past few years, and the inventory will help tenants to negotiate for more competitive rents,” the UAE property portal said. READ: Q4 201…
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Aldar sets up company to handle property management services
Dubai: Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing homeowners associations, property management, and even in the sales and leasing of resi…
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Abu Dhabi’s Aldar creates Provis, restructures FM company Khidmah
UAE facilities management (FM) company Khidmah is being restructured by parent company Abu Dhabi real estate developer Aldar, which has also established Provis to “disrupt” the local property manageme…
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Dubai index to continue outperforming Abu Dhabi gauge
Union Properties closed 2.89 per cent higher at Dh0.391. Damac Properties closed 8 per cent higher at Dh1.42. Abu Dhabi did very well last year on the back of FAB and ADCB. There are many …
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2019 plans handover of 47,500 homes in Dubai, reveals “Property Finder Trends” report
Dubai: Property Finder, the UAE’s go-to real estate portal, released the aggregate results of figures from Dubai Pulse, the open data platform initiative from the Smart Dubai Office, which are based o…
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S&P warns that Dubai residential property prices approaching 2009/2010 levels
Dubai residential property prices are approaching levels last seen in 2009-2010 property, a leading global ratings agency has warned, following a steady decline over the last few years after a peak in …
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Property prices to stabilise by 2020.
Decline in Dubai property prices will continue this year and could bottom out next year, according to a forecast by global ratings agency Standard & Poor’s released on Tuesday. “The Dubai property mar…
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Stronger players ’emerge winners in Dubai property sector’
With a 12 per cent decrease from 2017 to 2018, registered property companies have continued to exit the market as stronger players emerge with a focus on customer service, data, knowledge and informat…
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Glory days return for Abu Dhabi hotel that once hosted Queen Elizabeth II
A bridge connecting Abu Dhabi to the new financial district on Maryah Island was planned to go straight through the hotel’s front door. Renovations that had been set for the mid-2000s had been postpon…
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Abu Dhabi bank stocks in demand, hit new 52-week high; Dubai’s Emaar extends gains
First Abu Dhabi Bank and Etisalat recovered. FAB closed 1.08 per cent higher at Dh14.96. Etisalat closed 0.47 per cent higher at Dh17. Al Dar Properties closed 1.13 per cent higher at Dh1.79.
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New Opening: One of Abu Dhabi’s oldest hotels gets reflagged
was one of the first five-star hotels in Abu Dhabi and has been a well-loved property in the capital’s expatriate circles. “The fact that it’s one of Abu Dhabi’s oldest hotels is much more of a positi…
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Up to 486 property firms in Dubai did not renew their licences for 2018 – report
A record 486 property companies and real estate brokerages that were in business in 2017 did not renew their licences for 2018, real estate portal Property Finder has revealed. The number …
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Permanent residency could attract more property investors to Dubai
The Dubai property sector has emerged as a stable and mature market in the past couple of years despite a slowdown in major developed and emerging markets as investors believe in its promising future …
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Survival of the Fittest in Dubai’s Property Market
Consolidation time for Dubai real estate with fly-by-night companies exiting the market, reaffirming signs of a maturing property market in Dubai 486 real estate companies in Dubai did not renew their …
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S&P: Dubai property market could remain depressed for years
DUBAI, UAE – The property market in Dubai has been sinking since 2014, and is likely to remain depressed for years. S&P Global, the credit ratings agency, on Tuesday said the emirate’s property market …
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Dubai property deals in a day? Now you can…
Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
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