CBRE indicated residential sales prices were down around 1 per cent during the quarter and 5 per cent year-on-year The most major announcement during the quarter was a joint venture between Aldar and Dubai’s Emaar Properties for the Saadiyat Grove …
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There’s a AED10-billion community rising between Abu Dhabi and Dubai
Property development giant Aldar Properties PJSC revealed yesterday … Alghadeer will be a self-contained community of 14,408 homes straddling the border between Abu Dhabi and Dubai. Located in Aldar’s Seih Al Sdeirah landbank close to the Dubai Expo …
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Mega-developer gives his picks for biggest growth opportunities in Abu Dhabi
Tourism and real estate are the biggest growth areas in Abu Dhabi, the chairman of one of the emirate’s largest property developers said Monday. United Arab Emirates (UAE) real estate developer Aldar Properties was founded in 2005 and is now among the …
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Abu Dhabi property rentals decline in Q1
Rentals across Abu Dhabi experienced an overall decline in the first quarter (Q1) of 2018, compared to the same period last year, according to a report from dubizzle Property, a leading property platform in the UAE. In its annual Abu Dhabi Property report …
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Properties In Abu Dhabi Are More Affordable In 2018 For Both For Buyers And Tenants
dubizzle Property, the UAE’s biggest and most visited Property platform, reveals its annual Abu Dhabi Property report, comparing price trends from Q1 2017 to Q1 2018. The report reveals a softening in property prices across the capital, providing tenants …
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Dubai property sales prices will fall further, says property consultant
International property company Chestertons MENA claims the addition of new stock, tough macroeconomic conditions and moderate population growth will place further pressure on property sales prices and rental rates in Dubai. The firm revealed that overall …
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Dubai’s Q1 real estate transactions hit $16bn
The Dubai Land Department (DLD) has revealed that real estate transactions in the emirate for the first three months of 2018 surged to more than Dh58 billion ($15.7 billion) through 13,759 sales. According to the report issued by DLD’s Department of Real …
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Dubai records $15.7bn real estate deals in Q1 2018
RELATED ARTICLES: DLD reviews rental law with retail operators | DLD values 8,000 properties worth $78bn in 2017 | DLD completes first phase of building classification project Dubai recorded $15.7bn (AED58bn) worth of real estate sales in the first quarter …
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Dubai property sales prices, rents to fall further
The addition of new stock, tough macroeconomic conditions and moderate population growth are set to place further pressure on property sales prices and rents in Dubai, according to property company Chestertons Mena. Overall sales prices for apartments and …
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Dubai real estate deals total $15.7bn in Q1
Dubai Land Department (DLD) has revealed that real estate deals in Dubai totalled AED58 billion ($15.7 billion) via 13,759 transactions in the first three months of 2018. According to the DLD’s Department of Real Estates Studies & Research, Q1 saw a …
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Bloom Properties to Showcase Key Developments at Cityscape Abu Dhabi 2018
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is set to showcase key developments within its portfolio as part of its participation in the upcoming edition of Cityscape Abu Dhabi.
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Dubai property data shows sharp decline in deals
Dubai real estate transactions appeared to drop sharply in the first quarter of the year according to data released Saturday. The Dubai Land Department (DLD) said that real estate transactions totalled 58 billion dirhams ($15.78 billion) for the three …
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Disconnecting power supply to rented property against law
I live in Dubai and own a property which has been rented out. The tenancy contract mentions that the landlord has the right to cut the electricity supply if the tenant’s rent cheque bounces. Does the landlord have the right to cut the electricity supply …
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Dubai developer unveils Handover Gallery to ease move-in process
Dubai Properties has announced the on-time completion of Mudon’s Arabella townhouses, located in Dubailand. The developer said it is welcoming new residents with a customer-centric initiative – the Handover Gallery that offers a comprehensive range of …
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Abu Dhabi sees world’s biggest property price decline in 2017
Abu Dhabi’s real estate market saw the largest annual price declines in the world during the fourth quarter of 2017, according to consultants Knight Frank. House prices in the UAE capital fell by 9.1 percent in the year, placing it at the bottom of the …
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High-end Abu Dhabi developers sense property market rebound – Cluttons
Arabian Business reported that developers of high-end homes in Abu Dhabi appear to be sensing a bottoming of the market and are pressing ahead with new schemes, according to real estate consultancy Cluttons. Its Abu Dhabi Property Market Outlook report for …
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Inaugural Dubai Property Festival ‘a major success’
The International Property Show (IPS) and the inaugural Dubai Property Festival (DPF) 2018 ended on a successful note with a huge turnout from 16,000 visitors and major real estate deals signed during the three-day event. The ‘Mega Property Sale’ also …
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