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Category: PROPERTY

Posted on 05/11/2024

Dubai property sales hit another record in October, with nearly 20,460 sales, says new Property Monitor report

Dubai: Dubai’s property market hit another all-time high in October 2024, with almost 20,460 sales transactions, according to new data from leading real estate intelligence authority, Property Monitor …

Posted on 04/11/2024

Downtown Dubai sees $137mln property deal; biggest of year

Spanning an impressive 378,885 square feet, this acquisition stands as the biggest real estate deal in Downtown Dubai this year …

Posted on 04/11/2024

A funky new building is coming to Abu Dhabi’s Saadiyat Island

And for anyone with a taste for art (or just a bit of museum cred), Saadiyat’s big hitters are close by – there’s the Louvre Abu Dhabi, with its gorgeous latticed dome, and soon, the Guggenheim Abu …

Posted on 04/11/2024

Dubai sells over 20,000 property units in October, records new all-time monthly high in 2024

Seventy-three per cent of transactions were for off-plan or under-construction properties, according to Property Monitor’s October report …

Posted on 04/11/2024

Living Architecture Comes to Abu Dhabi’s Saadiyat Island

Mamsha Palm is developed by Aldar, a leading real estate developer and manager in the UAE, founded in 2005. Renowned for creating integrated and livable communities in some of Abu Dhabi’s most …

Posted on 04/11/2024

Looking to buy real estate in Dubai? Here’s all that you should know

Dubai’s property market, which has been on an upward trajectory since the last three years, counts Indians amongst its top overseas property buyers …

Posted on 03/11/2024

Dubai: New property project launches continue as more residents look to own homes

Property developers continue to aggressively launch new projects as demand from end-users and tenants looking to own property in Dubai continues unabated.Be it new or old with a long track record of …

Posted on 01/11/2024

Dubai’s Canal Front anticipates 40% surge in property values

Driven Properties has forecast a significant surge in property values in Dubai’s Canal Front district within the next 12 months, anticipating prices to escalate by over 40%.

Posted on 31/10/2024

UAE real estate: Commercial property led Q3 2024, sustainable developments gain traction

Figures demonstrate healthy demand levels throughout each development type, but especially among offices. UAE real estate: Commercial property led Q3 2024, sustainable developments gain traction. 2024 …

Posted on 31/10/2024

Tax notices issued to wealthy Indians over undeclared Dubai properties

UAE authorities shared details of offshore properties of affluent Indians who spent less than 90 days in the country, thereby not protected by residency permits …

Posted on 31/10/2024

UAE Property: ‘Should I inform my landlord if I don’t intend to renew my lease?’

Question: My tenancy contract is up for renewal in December. I received an email from my landlord that my annual rent would be increased. At this stage, I don’t know by what percentage the rent will …

Posted on 30/10/2024

Abu Dhabi: 4,000 villas, townhouses expected to be delivered in Q4 2024

Abu Dhabi’s secondary real estate market is projected to boom as buyer preferences shift towards ready properties. Abu Dhabi: 4,000 villas, townhouses expected to be delivered in Q4 2024. 2024 trends …

Posted on 30/10/2024

Abu Dhabi secondary market booms with nearly 4,000 villas and townhouses expected to be delivered in Q4

Abu Dhabi: Abu Dhabi’s secondary market is set to go into overdrive as a record number of units are expected to be handed over in the last quarter of this year, according to Metropolitan Capital Real …

Posted on 30/10/2024

Property speculation ‘remains within desirable limits of 20%’, says Dubai Land Department

Dubai’s real estate sector is booming and has been attracting a growing amount of investment, but “property speculation remains within desirable limits”, the Dubai Land Department has said. The …

Posted on 29/10/2024

Abu Dhabi secondary real estate market booms

Abu Dhabi’s secondary market is set to go into overdrive as a record number of units are expected to be handed over in the last quarter of this year, according to Metropolitan Capital Real Estate …

Posted on 29/10/2024

Rents in Dubai Expected to Fall After 18 Months

The property market in Dubai is poised for stability over the next 18 months, with potential declines expected afterward. This projection comes from analysts at S&P Global, who attribute the …

Posted on 29/10/2024

Damac chairman says 2024 is going to be another record year for Dubai’s property market

Hussain Sajwani, chairman of Dubai property giant Damac, says geopolitical tensions are a major risk for Dubai’s property market.

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