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Category: PROPERTY

Posted on 17/01/2017

Dubai Land Department’s media report for 2016 real estate transactions

Dubai Land Department’s (DLD) annual report reveals that the total amount of real estate transactions recorded in the Emirate last year exceeded Dh259 billion. Commenting on DLD’s annual report, His Excellency Sultan Butti Bin Merjen, Director General …
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Posted on 17/01/2017

Dubai Properties launches large villas in its Villanova project

Real estate developer Dubai Properties (DP) has announced the launch of new large villas for sale within its Villanova residential master community in Dubailand. The new villas – La Quinta – are part of the second phase of the Villanova project.
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Posted on 16/01/2017

YZER Property Becomes UAE's Largest Specialist Property Portal

Dubai-based property portal YZER Property has announced that its website has increased it’s listings for property available for sale or rent by 300% in 2 months, making it the fastest- growing and largest specialist property listings website in the UAE …
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Posted on 16/01/2017

Dubai's Yzer Property listings hit new high

Dubai-based property portal Yzer Property said the listings for property available for sale/rent on its website increased by 300 per cent within two months, making it the fastest-growing and largest specialist property listings website in the UAE.
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Posted on 13/01/2017

Abu Dhabi rent changes are the perfect reason to make your move

The number of searches for Abu Dhabi rental property on Propertyfinder.ae has increased by more than two-thirds over the past 12 months, the portal revealed, but given the high cost of moving, is it really be worth all the effort involved? Few would …
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Posted on 13/01/2017

VIDEO: Damac confirms Trump’s rejection of $2bn Dubai property deal

US President elect Donald Trump turned down a $2 billion property deal in Dubai a few days ago. Had it not been rejected, developer Damac Properties would have added another feather to its portfolio of properties known for their association with the …
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Posted on 11/01/2017

Why you should be optimistic about UAE property in 2017

If the endless posts peppering your social media feed are to be believed, almost everyone is pleased to see the back of 2016. Whether it was regional economic turmoil, war, terrorism or the untimely death of your favourite celebrity, 2016 wasn’t a great year.
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Posted on 10/01/2017

Property Insurance Dubai by Abu Dhabi National Insurance Company

Abu Dhabi National Insurance Company – We at ADNIC are trusted insurance partners with long standing expertise in providing reassurance and support to individuals and corporates to manage unpredictable health, life and general risks. We are, a leading …
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Posted on 09/01/2017

Property All Risk Dubai by SALAMA – Islamic Arab Insurance Company

Property All Risk Dubai by SALAMA – Islamic Arab Insurance Company – This Policy indemnifies against the accidental physical loss or damage to the Property Insured described in the policy. It includes loss or damage due to fire, lightning, aircraft …
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Posted on 09/01/2017

Dubai property market likely to move ‘sideways’ in 2017 – Damac CFO

Dubai’s Damac Properties expects to maintain its 25 per cent cash dividend policy for 2016 despite profit declines in the first three quarters, its group chief financial officer said on Sunday. The developer’s board set a minimum 25 per cent cash …
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Posted on 08/01/2017

Property Insurance Dubai by RAK Insurance

Property Insurance Dubai by RAK Insurance – From small local shops to large multi-national corporations, everyone would like to obtain the best insurance rates and cover for their business property. Owners of commercial properties require building …
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Posted on 08/01/2017

Property All Risks Insurance Dubai by Insurance House

Property All Risks Insurance Dubai by Insurance House – This policy covers all risks of physical loss, destruction or damage to the insured property which occurred during the policy’s period and is subject to certain terms, conditions and exclusions.
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Posted on 08/01/2017

Have cash, will buy off-plan property

Once pronounced dead after the global economic slowdown of 2008-2009, consultants and developers now say Dubai’s off-plan property market is alive – and kicking – in 2017. Buying off-plan property refers to purchasing property in advance of its completion.
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Posted on 07/01/2017

Abu Dhabi levies fee on expat tenants to boost revenues

ABU DHABI Jan 5 The emirate of Abu Dhabi has imposed a fee on expatriates renting homes there as it seeks to increase state revenues that have fallen due to low crude prices. The municipal fee, equivalent to 3 percent of a tenant’s annual rent, will take …
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Posted on 06/01/2017

Cost of living in Abu Dhabi to increase as municipality fee kicks in

Property owners, however, do not have to pay the fee. The municipal fee in Abu Dhabi mirrors the 5 per cent municipality charge collected in Dubai by the Dubai Electricity and Water Authority, and the 2.5 per cent fee collected in Sharjah at the time of …
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Posted on 06/01/2017

Property Insurance Dubai by Watania

Property All Risk – This policy is suitable for large, residential, commercial and industrial risks. All risk policy provides a broader coverage than Fire & Allied perils policy. This policy covers accidental loss or damage to insured property.
( read original story …)


Posted on 04/01/2017

Dubai Real Estate: A Rising Investment

Dubai could be considered the New York of the Middle East, with towers equipped with luxury amenities and superior business facilities. The deeper-pocketed property market is dominated by Indians, Pakistanis, and British––in that order. The United Arab …
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