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Category: PROPERTY

Posted on 02/10/2017

Emaar to manage Dubai Frame as it readies to open

Property developer Emaar has entered an agreement with Dubai Municipality to manage the upcoming Dubai Frame when it opens next month. The memorandum of understanding was agreed with Emaar following its experience managing the observation areas of the …
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Posted on 01/10/2017

Strong demand at Cityscape seals UAE’s allure as real estate leader

Dubai – The recent Cityscape Glob­al Dubai, one of the high­lights of the UAE property calendar, saw a record number of visitors and received a unanimous vote of ap­proval for well-conceived projects from Dubai, Abu Dhabi and other emirates. About 300 …
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Posted on 01/10/2017

Abu Dhabi’s Aldar awards $203m contract for The Bridges

Abu Dhabi’s Aldar Properties has announced the awarding of a Dhs745m ($202.8m) contract to Construction Group Contracting House for its mid-market The Bridges residential development on Reem Island. The contract covers the construction of six apartment …
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Posted on 01/10/2017

Aldar Awards Dh745 Million Contract for the Bridges on Reem Island

Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has appointed Construction Group Contracting House (CGCH) as the main contractor and early works package provider for an AED 745 …
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Posted on 01/10/2017

Roda Hotels hires Nael El Waary as cluster GM for four properties

El Waary joins Roda Hotels following a 6-year tenure in Abu Dhabi as the general manager of Sofitel Abu Dhabi Corniche. With over 30 years of experience, El Waary brings worldwide knowledge in operations and management. Holding senior positions while …
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Posted on 01/10/2017

Businessman tortured and killed before having his body bundled into a car boot and then buried in a desert near Dubai ‘over a financial dispute’

Hong Xi Luo’s body was found in sand dunes 400km outside Dubai after four people admitted to his brutal … police told his son, Auckland real estate agent William Luo. ‘He was a very kind man, always dressed neatly and looking good. So I cannot imagine …
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Posted on 30/09/2017

Demolition notice for abandoned buildings in Abu Dhabi

Building owners have two weeks to tear their buildings down or risk hefty fines Owners of abandoned buildings in Abu Dhabi have been ordered to demolish … notifying him that he needed to demolish his property at M14. He said the ad was a mistake.
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Posted on 30/09/2017

Now, register your will online in Dubai registry

In offering this new system, the registry is supporting overseas investors in Dubai and Ras Al Khaimah.” The property will allows those with real estate assets to secure up to five properties in Dubai and Ras Al Khaimah. Likewise, Free Zone company …
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Posted on 29/09/2017

First chance to live on one of Dubai’s reclaimed palm-shaped island in the middle of the Persian Gulf

“Dubai is renowned for having the biggest … is riding a growing wave of luxury hoteliers venturing into the murky waters of global real estate. “People like to know what they’re going to get and, when they feel comfortable with the brand, they …
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Posted on 29/09/2017

The story behind Zameen.com’s Pakistan Property Show

We are currently running full speed towards the Pakistan Property Show in Dubai, and it is a show that will be hard to forget. Coming to the Dubai World Trade Centre (DWTC) next month to connect overseas Pakistanis thirsting for property back home directly …
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Posted on 29/09/2017

Did you know: Dubai rents 7 times cheaper than Hong Kong

Slowdown in Dubai office market According to the Dubai Real Estate report by Asteco, a property management real estate company, the emirate’s office sector continued to display little momentum, underpinned by a bearish market sentiment, low oil prices …
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Posted on 29/09/2017

Mumbai high-rise office costlier than Dubai

Mumbai’s rank is 16th on the world map, but international property consultant Knight Frank has said that the dream-city is getting costlier at a much faster rate in the real estate market — leaving behind London, Hong Kong and Tokyo.
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Posted on 29/09/2017

Eshraq Properties : UAE’s Eshraq denies capital reduction

Abu Dhabi – Mubasher: Eshraq Properties on Thursday announced that neither its board nor its general assembly voted any capital reduction. Some news had reported a reduction of share capital by 57%, in a way to absorb losses, the company said in a …
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Posted on 28/09/2017

Square Yards launches dedicated portal for property ‘squareyards.ae’ in UAE

New Delhi: Leading tech-backed transaction and aggregation platform for global real estate Square Yards has announced launch of dedicated portal for property in UAE, squareyards.ae. The new portal will focus on resale and rental markets in Dubai in …
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Posted on 28/09/2017

UAE’s Arzan Wealth exits prime German property

Arzan Wealth, a Dubai-based advisory firm with focus on real estate and private equity investments, said it had successfully exited a prime Volkswagen AG property in Germany after netting 8.25 per cent annual returns and actual IRR of 11 per cent for its …
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Posted on 27/09/2017

Sellanyhome set to revolutionise UAE property market

Omar Chihane hopes that his new concept, Sellanyhome.com, will revolutionise the way properties are bought and sold in the UAE and turn the property market into more of a stock market. The former corporate sales director had such a tough job selling his …
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Posted on 26/09/2017

UAE’s Aldar to showcase projects at property event in Riyadh

RELATED ARTICLES: Phase 1 of Aldar’s $653m Abu Dhabi project sells out in three days | Aldar returns to Cityscape Global with $653m waterfront project | UAE’s Aldar hands over Repton School on Reem Island Aldar Properties PJSC has announced that it …
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