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Category: PROPERTY

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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Posted on 26/09/2017

Aldar Properties : to exhibit Yas Island projects in Riyadh

Abu Dhabi – Mubasher: Aldar Properties announced Tuesday that it will exhibit its Water’s Edge development, located in Yas Island Abu Dhabi, at the Restatex Cityscape Riyadh. The real estate event will be held in the Saudi capital from 27 to 30 …
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Posted on 26/09/2017

Abu Dhabi Commercial Bank : ADCB launched 2 pension funds

09/12 FIRST ABU DHABI BANK: ADX gains 31.66 pts Tuesday 09/11 ABU DHABI COMMERCIAL BANK: Properties Wins Best Property Management Team &ndash.. 08/31 LARGE UAE BANKS SET TO POST SOLID PR: Moodys 08/30 LARGE UAE BANKS SET TO POST SOLID PR: Moody’s 08/30 …
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Posted on 26/09/2017

Exclusive: Abu Dhabi to sell Italian exec-jet business to China buyers

ROME (Reuters) – An Abu Dhabi sovereign wealth fund plans to sell the executive … “Mubadala will first sell the license, then the intellectual property. The government is looking into it because the defense sector is considered strategic.”
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Posted on 26/09/2017

Emaar Properties awards $53m Forte contract to Arabtec’s Target

RELATED ARTICLES: Emaar launches new waterfront project in Dubai Harbour | Arabtec’s top 5 contract wins of H1 2017 | Emaar Properties gets $1.5bn loan from First Abu Dhabi Bank Target Engineering Construction Company, a wholly owned subsidiary of UAE …
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Posted on 26/09/2017

Investcorp in $350 million US residential property deal

The properties in Orlando, Highpoint Club and Montevista at … market and has been ranked third in the US for employment growth. Investcorp, in which Abu Dhabi’s Mubadala Investment Company is the largest shareholder with a 20 per cent stake, saw …
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