Category: PROPERTY

Abu Dhabi-based investment firm Mubadala Development Company has signed an agreement with local developer Eshraq Properties to explore the possibility of setting up a new real estate company in the UAE capital. The companies have signed a Heads of Terms …
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The residential and commercial property prices across Abu Dhabi, UAE, are expected to decline further in 2017, according to a joint report by real estate expert JLL and UAE-based property platform dubizzle. The villas communities in the UAE capital …
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(MENAFN – Gulf Times) Low oil prices and a sluggish economy hit Abu Dhabi’s property market in the first quarter of 2017, property specialists Chestertons has said. Its property market has been under pressure for more than a year after oil-rich Abu Dhabi …
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JLL, the world’s leading real estate investment and advisory firm released its Q1 2017 Dubai Real Estate Market Overview report which assesses the latest trends in the office, residential, retail and hotel sectors. While the first quarter of 2017 has …
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Skyscrapers stand on the city skyline in Abu Dhabi. The property market has been under pressure for more than a year after Abu Dhabi had to cut government spending and lay off thousands of workers at state-linked firms partly because of lower oil revenues.
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Tilal Properties, the Sharjah-based real estate developer and the first company to develop freehold and leasehold properties in the emirate, will be showcasing its flagship projects at the 11th edition of Cityscape Abu Dhabi, taking place from 18th to 20th …
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ABU DHABI, April 12 Low oil prices and a sluggish economy hit Abu Dhabi’s property market in the first quarter of 2017, property specialists Chestertons said on Wednesday. Its property market has been under pressure for more than a year after oil-rich Abu …
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Last year was tough for most global economies due to many important global events, including the US elections, Brexit and the gravest refugee crisis witnessed in modern times. Collectively, these events proved burdensome for the global community as a …
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The rules governing buying and leasing of property in the UAE varies significantly, depending on where the property is located. There are seven autonomous emirates, including Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Fujairah, Umm al Quwain and Ajman, and …
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Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has garnered exceptional interest from both domestic and international investors keen to purchase units in its second building at Mudon Views in the Dubailand …
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ABU DHABI // Property owners are being wrongly billed for tens of thousands of dirhams in taxes from which they are exempt – and threatened with having utilities cut off if they do not pay. It is the latest problem for the new municipality fee system …
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While new tax is unwelcome for end-users, there is no escaping the levy of value added tax, come January 1, 2018. Even as skeletal details have emerged about the VAT framework and sectors that will be exempted and zero-rated, consumers and end-users must …
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Dubai Land Department recorded 20,000 real estate transactions worth $21bn (AED77bn) during the first quarter of 2017. The Dubai Land Department revealed the results of real estate transactions during the first quarter of 2017. Sultan Butti bin Mejren …
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If you’re thinking of relocating outside of the UAE, you might want to read this and re-think. Movehub, an award-winning relocating website, has released its list of the best and worst countries to migrate to and, the UAE has been named the best country …
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The 13th edition of International Property Show kicked off on Sunday in Dubai World Trade Centre. The show is being organised in conjunction with the Annual Investment Meeting. Companies from varied countries are participating at the show, including UAE …
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A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market ‘bottoming out’ before the end of 2017, according to leading international real estate consultancy, Cluttons.
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Over the past 12 months, the Burj Khalifa has registered a 25 per cent correction in values, making it the weakest performer in Dubai. Hattan Villas at The Lakes (–13.5 per cent), Hattan Villas at Arabian Ranches (–12.6 per cent), villas on the Palm …
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