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Category: PROPERTY

Posted on 13/06/2017

Hilton announces new Abu Dhabi property on Yas Island

Hilton and Miral announce their newest project, a 641-room room resort located on Yas Island. The new property, Hilton Abu Dhabi Yas Island Resort, will be located on a 3 km stretch of Yas Bay. This 641 room Hilton resort is to become part of the …
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Posted on 13/06/2017

Dubai Properties launches sale of Casa Viva townhouses

Dubai Properties, a leading Dubai-based real estate master developer and asset manager, has launched the sales of its Casa Viva townhouses, marking the third phase of its master-planned, family-friendly Serena community at Dubailand. Inspired by Spanish …
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Posted on 12/06/2017

UAE property market is changing: here’s what you need to know

New research from Allsopp & Allsopp, Dubai-based residential real-estate firm, has revealed landlords are now much more confident accepting four or more rent cheques a year rather than one. As of May 2017, some 33 per cent of tenants who found their ideal …
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Posted on 10/06/2017

Emaar to list UAE property business

June 9 (IFR) – Emaar Properties plans to offer up to 30% of its United Arab Emirates real estate development business in what would be the first listing on the Dubai exchange since Emaar Malls 2-1/2 years ago. The IPO is the result of an internal review of …
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Posted on 09/06/2017

What a solid property investment in Dubai looks like

I am about to purchase an investment property and would like to hear your opinion before going ahead. The property I am interested in buying is located in the Jumeirah Village Circle area of Dubai. It is a four-year-old, three-bedroom flat spread over …
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Posted on 08/06/2017

Emaar plans IPO of up to 30% of UAE property business

Emaar Properties, the global real estate company, has announced that it plans to offer up to 30% of its UAE real estate development business in an initial public offering (IPO), which will be the largest since the Emaar Malls IPO in 2014. In a statement to …
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Posted on 07/06/2017

Emaar to sell 30% of UAE property business

Dubai: Emaar Properties, the Dubai-based developer, plans to sell as much as 30 per cent of its real estate development business in the UAE in an initial public offering (IPO). The funds raised will primarily be distributed as a dividend to Emaar’s …
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Posted on 07/06/2017

Emaar to sell up to 30% of UAE property business in Dubai IPO

Dubai: Emaar Properties PJSC, the Dubai-based developer of the world’s tallest skyscraper, plans to sell as much as 30% of its real estate development business in the United Arab Emirates in an initial public offering. The funds raised will primarily be …
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Posted on 07/06/2017

Abu Dhabi’s Al Maha Arjaan Rotana completes US$14m renovation

The completed renovation encompasses the property’s 288 guestrooms … Al Maha Arjaan by Rotana has always been an iconic hotel in Abu Dhabi. The renovation project was an important step for our owners and for Rotana to provide new levels of accommodation …
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Posted on 06/06/2017

Abu Dhabi’s Al Maja Arjaan Rotana completes US$14 million renovation

The completed renovation encompasses the property’s 288 guestrooms … Al Maha Arjaan by Rotana has always been an iconic hotel in Abu Dhabi. The renovation project was an important step for our owners and for Rotana to provide new levels of accommodation …
( read original story …)


Posted on 05/06/2017

To the infinity pool and beyond: New hotel opens in Dubai with the most Instagram-worthy sun-loungers in the city

this marks the first international property for Dukes under the Dukes Collection umbrella.’ Dukes Dubai consists of 279 guestrooms, including 64 suites, a ladies-only Liberty Duchess floor featuring 20 rooms furnished exclusively by Liberty Fabrics …
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Posted on 03/06/2017

Bloom Properties commences main construction works of Soho Square at Saadiyat in Abu Dhabi

Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has commenced the main construction works at its ‘Soho Square’ urban development on Saadiyat in Abu Dhabi. Bloom Properties has …
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Posted on 02/06/2017

What happens when your rented property gets a new owner?

You may reside in the property until the expiry of your tenancy contract in accordance with Article 28 of Law No. 26 of 2007 regulating the relationship between landlords and tenants in Dubai, which states, “Transferring the ownership of real property to a …
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Posted on 31/05/2017

Abu Dhabi index leads regional losses on selling in banks

Dubai: The Abu Dhabi index fell more than 1.5 per cent weighed by selling in First Abu Dhabi Bank and Aldar Properties. The Abu Dhabi Securities Exchange closed 1.65 per cent lower at 4,427.30. First Abu Dhabi Bank closed 3.65 per cent lower at Dh10.55 …
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Posted on 31/05/2017

Dubai property marketing permit procedures must be followed

I have a question with regards to the new law recently introduced, mandating that real estate brokers must now obtain a permit prior to advertising any property for rent or sale. Furthermore, my understanding is that the broker must submit a copy of the …
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Posted on 31/05/2017

Why Dubai is a hotspot for property investors

From its beginnings as a fishing and pearling port, Dubai has morphed into a glittering global marvel today. It has defied the norms and defined the extraordinary to captivate the world. Glamour and grandeur have now been synonymous with Dubai as it builds …
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Posted on 31/05/2017

Buy now, pay later deals spur Dubai property market

Developers have used payment plans as a key tool to reinvigorate the real estate market since 2014, changing from mostly front-loaded to back-ended payment plans. In 2013, more than 80 per cent of launches had payment terms that were front-ended, whereas …
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