While new tax is unwelcome for end-users, there is no escaping the levy of value added tax, come January 1, 2018. Even as skeletal details have emerged about the VAT framework and sectors that will be exempted and zero-rated, consumers and end-users must …
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Dubai real estate deals top $21 billion in first quarter
Dubai Land Department recorded 20,000 real estate transactions worth $21bn (AED77bn) during the first quarter of 2017. The Dubai Land Department revealed the results of real estate transactions during the first quarter of 2017. Sultan Butti bin Mejren …
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UAE named best country for first time property buyers
If you’re thinking of relocating outside of the UAE, you might want to read this and re-think. Movehub, an award-winning relocating website, has released its list of the best and worst countries to migrate to and, the UAE has been named the best country …
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International Property Show kicks off
The 13th edition of International Property Show kicked off on Sunday in Dubai World Trade Centre. The show is being organised in conjunction with the Annual Investment Meeting. Companies from varied countries are participating at the show, including UAE …
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Dubai real estate market on course to stabilise during 2017
A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market ‘bottoming out’ before the end of 2017, according to leading international real estate consultancy, Cluttons.
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Dubai real estate meltdown: Burj Khalifa rates plummet by 25%
Over the past 12 months, the Burj Khalifa has registered a 25 per cent correction in values, making it the weakest performer in Dubai. Hattan Villas at The Lakes (–13.5 per cent), Hattan Villas at Arabian Ranches (–12.6 per cent), villas on the Palm …
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Why investing in Dubai property is a good idea
Here are just a few reasons for investors to consider committing to the Dubai real estate sector: 1. Expo 2020 is coming to Dubai Dubai is hosting the next World Expo in October 2020. The Expo will attract approximately 25 million visitors from 180 nations.
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Aldar Properties awards AED500 mln contract for Mayan development
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has awarded its main contract for Mayan, a luxury residential development located on Yas Island, to Ghantoot General Construction, one of the leading …
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Dubai property market to ‘bottom out’ before end of 2017
Dubai’s property market is stabilising and is on track to “bottom out” before the end of 2017, a new report by real estate consultancy Cluttons has found. While prices in the residential market continued to drop in the first quarter of the year, the …
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Dubai Real Estate Market on Course to Stabilize during 2017
A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market ‘bottoming out’ before the end of 2017, according to leading international real estate consultancy, Cluttons.
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Shanghai Delighted by Dubai Property Show
Shanghai World Expo Exhibition hosted the Dubai Property Show. It was opened for the general public at the Convention Centre on Friday, 24th March, taking the emirate’s top properties to Chinese buyers. Majida Ali Rashid, assistant director-general of …
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Cityscape Abu Dhabi returns with clear message from developers
With sales permitted directly from exhibitor stands for the third year running, in accordance with the rules and regulations administered by the Abu Dhabi Urban Planning Council (UPC), a host of new property developers have confirmed their participation at …
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Dubai Property unveils Mudon Views
Dubai Properties (DP) has announced the launch of Mudon Views, within Mudon residential master community in Dubailand. The launch comes amidst growing demand for high return real estate investments in the expanding Dubailand district in Dubai. The first …
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Abu Dhabi renter is confused whether animals are allowed on property
Are pets allowed in apartment blocks in Abu Dhabi? I’ve viewed apartments in a particular tower with three agents and each gives me a different answer as to whether I am allowed my pet. Finally, one of them told me to go to the head manager and said it …
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Dubai Property launches new apartment project Mudon Views amidst rising demand in the heart of Dubailand
Dubai Properties (DP) has announced the launch of Mudon Views, a lively, dynamic and vibrant apartment complex, within the popular Mudon residential master community in Dubailand. The launch comes amidst growing demand for high return real estate …
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10 reasons why you must invest in Dubai property
Dubai is hosting the next World Expo in October 2020. The Expo will attract approximately 25 million visitors from 180 nations. The announcement of the Expo in Dubai has boosted the off-plan property sector. Investors who are buying property near the Expo …
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Review: The Ritz Carlton Abu Dhabi Grand Canal
Being driven into The Ritz Carlton Complex, you see villas on your right and expansive grounds on your left – but that doesn’t prepare you in any way for the sheer size of this property located near Khalifa Park in Abu Dhabi. For guests checking in or …
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