Dubai-based property developer Deyaar reported a 90% surge in its Q2-2023 net profit as its revenue more than doubled on the back of a boom in the emirate’s property market. Net profit for the period …
How to rent an apartment in the UAE: A guide to suit every budget in Dubai and Abu Dhabi
Moving to a country in the midst of a property explosion and soaring rental prices can be a daunting prospect. This step-by-step guide can help take some of the pain out of picking that dream home to …
Abu Dhabi records over $12.61bln worth of realty transactions in H1 2023
In the list of top five areas in terms of the numbers and values of real estate transactions in Abu Dhabi during the first six months of 2023, Al Saadiyat Island topped the list with transactions worth AED3 billion, with Yas Island coming in at second place with transactions worth AED2.6 billion.
My Own Home: French professor snaps up Dh1.1m JVC apartment after 6 years in UAE
French national Celia Ouali recently bought and moved into a two-bedroom apartment in Dubai’s Jumeirah Village Circle (JVC). The home in Reef Residency is her second property purchase since moving to …
Property Finder’s latest market watch report for Q2 2023 highlights an uptake in off-plan transactions across Abu Dhabi and Dubai
Notable surge in transactions indicates confidence from investors, with ongoing efforts to enhance regulatory frameworks and investment environments by the government …
UAE luxury real estate residential market outlook remains bullish
The growing segment offers several opportunities for investors and developers as the UAE economy continues to outpace its global peers …
Dubai luxury property market to maintain fastest growth rate in H2
Demand for Dubai’s luxury properties will remain strong in the second half of 2023 and will be the fastest growing market among all the major cities around..
Aldar announces $136m asset redevelopment plan
Aldar Properties has announced the plan to redevelop two of its retail assets in the UAE. The AED500m ($136m) investment plan includes the redevelopment of Al-Jimi Mall in Al Ain, Abu Dhabi and …
Reportage Properties to hold a special sales day in Abu Dhabi
Abu Dhabi: Reportage Properties, the leading UAE real estate developer, is holding a special day for sales at the Sofitel Abu Dhabi Corniche Hotel, next Sunday, July 30. The offers include a special …
Union Properties’ net soars on Dubai realty boom
Union Properties announced a net profit of Dh17.7 million for the first six months of 2023, compared to a net loss of Dh12.2 million during the comparable ..
Dubai property market: Top 10 most popular neigbourhoods in 2023
According to DLD, 392 real estate projects are currently being developed in the emirate. Dubai property market: Top 10 most popular neigbourhoods in 2023. Barsha South, business bay, Dubai Land …
UAE property: ‘I lost my job and cannot pay the rent’
Question: I live in a hotel serviced apartment in Dubai. There is no Ejari. Late last year, I renewed my annual lease for a second year. At the time, there was no indication of any problems from my …
UAE’s commercial property market records highest demand in nine years
The UAE’s commercial property sector in the second quarter recorded the highest demand for occupancy since 2014, amid a pickup in the economy. Headline occupier demand posted an increase of 56 per …
An In-Depth Analysis: Property Investment in USA vs UAE
Investing in real estate is a monumental decision, and the geographical location plays a significant role in shaping this decision. Two prime locations that have emerged as hotspots for property …
Palm Jumeirah real estate: 180 properties sold for over $2.7m this year, just one bargain of less than $204,000
Palm Jumeirah-based real estate experts share property statistics of first half of year in Dubai Palm Jumeirah real estate: 180 properties sold for over $2.7m this year, just one bargain of less than …
Palm Jumeirah property analysis: A comprehensive mid-year real estate review by property shop investment
Property Shop Investment (PSI), a premier real estate agency in Dubai, offers a comprehensive analysis of these market trends …
Dubai, Abu Dhabi real estate markets cash in as soaring investor confidence fuels UAE off-plan property boom
Surge in off-plan transactions contributes to UAE real estate market boom as investors flock to Dubai and Abu Dhabi for lucrative returns Dubai, Abu Dhabi real estate markets cash in as soaring …