and Rak Properties with Dh1.1 billion. In the banking sector, First Gulf Bank shares received Dh962 million of funding, followed by National Bank of Abu Dhabi with Dh328 million. Whereas in other sectors Dana Gas received Dh516 million; Methaq Takaful …
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Mideast investors opt out of Malaysia due to oil price slump
The project attracted big names such as Kuwait Finance House, Abu Dhabi’s state-owned Mubadala Development Group and Aldar Properties, another real estate developer in Abu Dhabi. But, the ST report said, Arab involvement in Medini fizzled out after the …
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Sobha announces special offer for UAE investors
Also Emiratis can avail of special prices on these properties during an exclusive event planned in Dubai and Abu Dhabi on February 11. Sobha said the Emirati investors will have an option of either choosing from a range of studios, apartments, duplexes …
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Emaar backs Microsoft UAE Imagine Cup 2017
Veresh Sita, Chief Digital Officer for Emaar Properties, said, “Nurturing the next generation … via online campaigns and offline roadshows in universities across Dubai, Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah. The Pan-Arab Finals 2017 will be …
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Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion
Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced that Dubai Contracting Company (DCC) has been awarded the contract for the exclusive luxury sea-front tower – 1/JBR. Work is now steadily advancing …
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Dubai Properties says luxury tower 1/JBR to be completed by 2019
Dubai Properties (DP) has appointed a contractor for its luxury project 1/JBR at Jumeirah Beach Residence, it announced on Sunday. Dubai Construction Company (DCC) won the main contract for the project, with work already underway on the site. A …
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2017: The year to buy Dubai property?
Dubai’s property market has been a roller-coaster in recent years, from the market’s collapse in 2008 to boasting the world’s fastest rate of house price growth in 2013 and 2014. Since that rebound, boosted by the news that the emirate would host the …
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Dubai Properties receives new ISO certification
Dubai Properties Group (DPG) has been awarded for its provision of real estate development, leasing, sales, property management, and facility management, with the ISO 22301:2012 certification, it said in a statement on Tuesday. The ISO certification …
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How landmark projects impact Dubai real estate value
The influence that an iconic project can have on its locale is often quite dramatic. Apart from becoming a magnet for activity and development, trophy properties or iconic projects have the ability to change the value of nearby real estate. In Dubai …
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UAE property ads go direct with digital
Dubai: Property developers and estate agents in the UAE are making it very personal — more of them are spending significant sums on delivering marketing messages directly to your smartphone or computer. In fact, real estate ads showed a clear spike …
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Aldar supports dialogue for regional hotel investors as GIOHIS returns
Aldar Properties is undertaking multi-billion Dirham civic projects to help develop Abu Dhabi, the capital emirate of the United Arab Emirates, into an international business magnet and tourist destination. As the Emirate’s premier real estate …
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This service will improve connectivity among major attractions around Yas Island and Abu Dhabi.
This service will improve connectivity among major attractions around Yas Island and Abu Dhabi. Aldar Properties on Monday reached an agreement with Jalboot Marine Network for the launch of the service. Aldar Properties CEO Mohamed Khalifa Al Mubarak said …
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UAE residents share their experiences on losing and finding their prized possessions
In Abu Dhabi, people who lose or find items are advised to visit the nearest police directorate. Unclaimed items are eventually sent to charity, or to related departments such as immigration. In Dubai, handing over lost property within 48 hours is a legal …
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Dubai Property brokers’ commission settles at Dh1.5b previous year
According to DLD report, registered property brokers of Real Estate Regulatory Agency (RERA), the regulatory hand of Dubai Land Department’s (DLD), earned Dh1.5 billion commission last year. It has been announced by DLD that the total value of the …
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Abu Dhabi Global Market attracts dozens of special purpose vehicles
Abu Dhabi Global Market, the capital’s financial free zone … shipping, and technology/intellectual property development,” it said in a statement. “The innovative ADGM SPV regime, benchmarked against leading international jurisdictions in terms of …
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Be a fractional owner of a property in Dubai
A property investment scheme has opened doors for ordinary investors to buy a stake in luxury real estate. Known as the fractional ownership method, the scheme allows a much broader cross-section of investors to become part owners of high-stakes …
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Dubai Properties delivers over 3,000 housing units in 2016
Dubai Properties (DP), a leading UAE-based real estate master developer, concluded 2016 with a successful handover of more than 3,000 residential units, supporting one of the city’s leading handover tallies since 2012. The developer’s sought after …
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