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Category: PROPERTY

Posted on 28/03/2018

Marriott brand Aloft opens second hotel in Dubai

Aloft Hotels, a part of Marriott International, on Tuesday announced the opening of Aloft Me’aisam, the brand’s second property to open in Dubai and the fourth in the UAE. Owned and developed by Dubai Properties, the Aloft Me’aisam is situated in …
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Posted on 28/03/2018

Imperial Avenue by Shapoorji Pallonji. Downtown Dubai. Off Plan Dubai. – Dubai Video

Imperial Avenue by Shapoorji Pallonji. Impressive project in Downtown Dubai. Dubai Real Estate: Market cycle. Why this is the right time to buy property in Dubai. Dubai Real Estate: Payment Plans for Off Plan Projects. Dubai Real Estate: Ready Property Vs …
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Posted on 28/03/2018

FBR selects taxpayer for audit who invested in Dubai real estate

MULTAN: The Federal Board of Revenue Regional Tax Office has selected one taxpayer for audit who made investment in Dubai’s real estate. Source told Customs Today that the Federal Board of Revenue has provided complete details to the Regional Tax Office …
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Posted on 26/03/2018

Dubai Property Festival to Stimulates Property Sales and Purchases

Dubai Land Department (DLD) has confirmed that the Dubai Property Festival (DPF), which will be held from 9th to 11th April at the Dubai World Trade Centre, will contribute to stimulating sales and purchases in the Emirate’s real estate market.
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Posted on 26/03/2018

Dubai property market seeks boost from ‘Expo 2020 factor’ to banish real estate gloom

LONDON: It has been almost half a decade since Dubai was awash with exuberance following its Expo 2020 bid win. The property pundits of the day predicted vast transformative effects for the emirate such as vertiginous property value hikes, sold-out hotels …
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Posted on 25/03/2018

Aldar Properties : AIRLINE, ATTRACTIONS AND DEVELOPERS FROM ABU DHABI LAUNCH MAJOR SHORT BREAK DEALS

(from left to right) HE Sultan Al Matawa Al Dhaheri, Executive Director of Tourism Sector at DCT Abu Dhabi; Hareb Al Muhairy, Senior Vice President Global Sales, UAE & GCC at Etihad Airways; Mohamed Abdalla Al Zaabi, Chief Executive Officer of Miral; and …
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Posted on 25/03/2018

Dubai Property Festival to provide market boost, says DLD

Three-day event will be one of the largest real estate events in the UAE this year The event will form part of the larger ‘Real Estate Investment Week’, which will include a number of other events being held to boost real estate investment and gather …
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Posted on 25/03/2018

Property fest to spur Dubai real estate market

Dubai Property Festival (DPF), a three-day sales and purchase event which opens next month at Dubai World Trade Centre, will contribute to stimulating sales and purchases in the emirate’s real estate market, said the organisers. The festival is being …
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Posted on 22/03/2018

Emaar and Aldar property alliance underscores new economic landscape following oil rout

It comes as UAE property developers are under increased pressure amid a weak housing market, faltering consumer confidence and expatriate job losses. “We are in a new economic reality, one that commenced four years ago with the oil rout. I think the best …
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Posted on 22/03/2018

Dubai’s real estate continues to shift towards affordable homes

(MENAFN – Khaleej Times) Dubai’s real estate sector outperformed many other economic sectors of the emirate last year, with 6 per cent growth in the transaction value reaching Dh285 billion in 2017, up from Dh268.7 billion recorded in 2016, according to …
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Posted on 22/03/2018

VAT Has Limited Impact on Real Estate Sector

The Federal Tax Authority (FTA) and Dubai Land Department (DLD) have confirmed that the UAE’s recently introduced VAT will have a limited impact on the real estate sector. FTA and DLD have stated that all real estate transactions, with the exception of …
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Posted on 22/03/2018

Ahead of Expo 2020, Dubai Gets a Makeover

will have views of Downtown Dubai and The Dubai Creek Tower Emaar Properties “The Expo for me personally is an opportunity for this incredible city to display its unique qualities to the world,” says Jason Hayes, founder and CEO of Luxury Property …
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Posted on 22/03/2018

New UAE blockhain “token” buys you stake in lucrative property investments

Evareium has been launched to pioneer crowdfunding and management of direct investments in real estate, starting in Dubai and the GCC region before evolving globally. Evareium provides the means for investors can relinquish the burden of having to …
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Posted on 20/03/2018

Abu Dhabi’s Aldar and Dubai’s Emaar form $8bn property JV

Abu Dhabi’s Aldar Properties and Dubai’s Emaar Properties – two of the UAE’s largest real estate developers – have created a joint venture (JV) worth $8.1bn (AED30bn). An agreement was signed between Emaar chairman, HE Mohamed Alabbar, and Aldar …
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Posted on 20/03/2018

Emaar and Aldar to launch joint projects worth up to $8.2 billion

DUBAI/ABU DHABI (Reuters) – United Arab Emirates (UAE) developers Emaar Properties and Aldar Properties signed a joint venture agreement on Tuesday to develop local and international projects worth as much as 30 billion dirhams ($8.2 billion). The state …
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Posted on 20/03/2018

Dubai’s Emaar enters $8.2bn partnership with Abu Dhabi’s Aldar

Dubai’s Emaar Properties has entered into a partnership with Abu Dhabi’s Aldar to develop UAE and global real estate projects worth Dhs30bn ($8.18bn). The deal was announced on Twitter by state media agency WAM before being confirmed by UAE Vice …
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Posted on 20/03/2018

VAT to have ‘limited’ impact on Dubai’s property sector

The recent introduction of value added tax (VAT) in the UAE is expected to have only a “limited” impact on Dubai’s real estate sector, according to the Federal Tax Authority (FTA) and Dubai Land Department (DLD). The UAE began implementing VAT at a …
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