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Category: PROPERTY

Posted on 23/09/2018

Property ownership barriers to ‘erode’ due to UAE’s new expat visa

RELATED ARTICLES: Dubai real estate transactions reach $30bn in first half of 2018 | SAP, wasl bring blockchain technology to Dubai real estate sector | Dubai real estate transactions hit $55.5bn in n…
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Posted on 23/09/2018

Video: Why did Aldar spin off its property investment arm

Abu Dhabi-based Aldar Properties is spinning off its property investment arm to create the region’s largest diversified real estate investment company with more than $5.4 billion in assets, the compan…
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Posted on 23/09/2018

Dubai real estate transactions top $35bn in 8 months

Dubai Land Department (DLD) said that its service centres across Dubai have served more than 39,000 investors, after helping them complete their investments with a total value of Dh131 billion ($35.6 …
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Posted on 21/09/2018

Airdxb is opening doors to facilitate short-term property rentals in the UAE

Paperwork. It’s at once the most inevitable and most exasperating necessity when it comes to getting things done, especially when it comes to housing matters. From title deeds, memorandums of understa…
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Posted on 20/09/2018

‘Millions of dirhams’ likely in UAE property thanks to expat retiree visa

Following a new law approved by the country’s cabinet, chaired by Vice President and Prime Minister of the UAE, and Ruler of Dubai, HH Skeikh Mohammad bin Rasid Al Maktoum, expats now have the opportu…
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Posted on 20/09/2018

Property developers hail Abu Dhabi’s $5bn Ghadan 2021 strategy

RELATED ARTICLES: New Aldar unit makes tender offer to repay existing $750m sukuk | Abu Dhabi’s new Aldar Investment to own $5bn property portfolio | Design focus: Aldar’s Al Dana Mosque in Abu Dhabi …
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Posted on 20/09/2018

Fidu Properties unveils second office in Dubai eyes expansion in UAE

(MENAFN Editorial) Dubai, September 17, 2018: Fidu Properties, one of the leading real estate brokerage companies in the UAE property market, which had a recent transaction of around AED 500 …
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Posted on 19/09/2018

Destination Abu Dhabi

But no Abu Dhabi exploration would be complete without the perfect stay. Swanky luxury hotels are aplenty, but our Editor’s pick are Hilton’s properties in Abu Dhabi. Hilton is dedicated to fulfilling …
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Posted on 18/09/2018

UAE’s new retirement visa to help boost Dubai’s property market

The UAE’s recently announced law to provide visas for retired expatriates in the country will help boost Dubai’s property market, according to real estate brokers in the country. On Sunday …
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Posted on 17/09/2018

Fidu Properties opens second office in Dubai

Fidu Properties, a real estate brokerage company in the UAE has announced the opening of its second office in Dubai. The new office, located at Emaar Square, is part of the company’s expansion strateg…
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Posted on 16/09/2018

Video: The surprising truth about UAE rental prices

More than one-in-five UAE residents are paying more in rent for the same property in the second quarter of 2018 compared to the year-earlier period, according to a survey by yallacompare, the Middle E…
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Posted on 13/09/2018

UAE Property Market Accounted for USD 74.3 billion in 2016

According to Goldstein Research, UAE property market is expected to reach USD 132.5 billion by 2024 from USD 74.3 billion in 2016, growing at a CAGR of 7.4% over the forecast period 2016-2024. Major d…
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Posted on 13/09/2018

Dubai developer warns against off-plan freebies

Big names in Dubai real estate are coming out to warn against the practice of aggressive off-plan incentives being offered by smaller private developers. The latest to issue such a warning is P.N.C. M…
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Posted on 13/09/2018

Millennials starting to climb the property ladder in Dubai

Millennials all across the world are starting to make their way onto the property ladder, driving a major first-time buyer market increase. It seems that Millennials, often referred to as generation Y …
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Posted on 13/09/2018

Dubai’s real estate model has been reliant on the influx of immigrants, not on debt

In recent months, there has been a steady expression of concern that has been expressed regarding the real estate market and the supply pipeline. Given the relative sluggish demand, there has been som…
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Posted on 13/09/2018

New deal to promote Dubai real estate in France

Dubai Land Department (DLD) signed a memorandum of understanding (MoU) with the Reed Midem SAS, a France-based provider of international B2B events and exhibitions, to promote the services offered by …
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Posted on 13/09/2018

Abu Dhabi’s Mubadala courted to back luxury property fund

Austrian real estate investor Rene Benko is in talks with the sovereign wealth funds of Norway and Abu Dhabi to lure fresh capital to back his expansion, according to people familiar with the situatio…
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