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Category: PROPERTY

Posted on 06/02/2017

Reminder To Always Request Your Hotel Benefit Letter As Status Customer, Outlining Your On-Property Benefits

This week I stayed at the Le Royal Meridien Abu Dhabi as well as the St.Regis Abu Dhabi at Nation Towers. Both properties didn’t explain the Platinum Benefits properly upon check-in and didn’t ask for the Platinum Amenity either. The latter alone would …
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Posted on 06/02/2017

Banks recovery trigger bounce back in UAE indices

National Bank of Abu Dhabi closed 2.05 per cent higher at Dh9.95. Aldar Properties closed 2.01 per cent higher at Dh2.54. Sharjah Islamic Bank closed 1.97 per cent higher at Dh1.55. Asmak closed 2.99 per cent higher at Dh2.41. Among the losers, Union …
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Posted on 06/02/2017

15.2 Billion Dirhams of margin trading finance in ADX in 2016

and RAK Properties with 1.1 billion Dirhams. In the banking sector, First Gulf Bank shares received 962 million Dirhams of funding, followed by National Bank of Abu Dhabi with 328 million Dirhams. Whereas in other sectors Dana Gas received 516 million …
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Posted on 06/02/2017

UAE shares rebound as measure of business activity jumps to six-month high

FGB, the Abu Dhabi-based lender, and Etisalat, the mobile phone operator, led gains in Abu Dhabi, while Dubai Islamic Bank and Emaar Properties underpinned the rise in Dubai. FGB gained 1.19 per cent, Etisalat 1.14 per cent, DIB 3.9 per cent and Emaar 0.69 …
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Posted on 06/02/2017

ADX registers Dh15.2 billion of margin trading finance

and Rak Properties with Dh1.1 billion. In the banking sector, First Gulf Bank shares received Dh962 million of funding, followed by National Bank of Abu Dhabi with Dh328 million. Whereas in other sectors Dana Gas received Dh516 million; Methaq Takaful …
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Posted on 06/02/2017

Mideast investors opt out of Malaysia due to oil price slump

The project attracted big names such as Kuwait Finance House, Abu Dhabi’s state-owned Mubadala Development Group and Aldar Properties, another real estate developer in Abu Dhabi. But, the ST report said, Arab involvement in Medini fizzled out after the …
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Posted on 06/02/2017

Sobha announces special offer for UAE investors

Also Emiratis can avail of special prices on these properties during an exclusive event planned in Dubai and Abu Dhabi on February 11. Sobha said the Emirati investors will have an option of either choosing from a range of studios, apartments, duplexes …
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Posted on 06/02/2017

Emaar backs Microsoft UAE Imagine Cup 2017

Veresh Sita, Chief Digital Officer for Emaar Properties, said, “Nurturing the next generation … via online campaigns and offline roadshows in universities across Dubai, Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah. The Pan-Arab Finals 2017 will be …
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Posted on 06/02/2017

Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion

Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced that Dubai Contracting Company (DCC) has been awarded the contract for the exclusive luxury sea-front tower – 1/JBR. Work is now steadily advancing …
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Posted on 05/02/2017

Dubai Properties says luxury tower 1/JBR to be completed by 2019

Dubai Properties (DP) has appointed a contractor for its luxury project 1/JBR at Jumeirah Beach Residence, it announced on Sunday. Dubai Construction Company (DCC) won the main contract for the project, with work already underway on the site. A …
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Posted on 02/02/2017

2017: The year to buy Dubai property?

Dubai’s property market has been a roller-coaster in recent years, from the market’s collapse in 2008 to boasting the world’s fastest rate of house price growth in 2013 and 2014. Since that rebound, boosted by the news that the emirate would host the …
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Posted on 02/02/2017

Dubai Properties receives new ISO certification

Dubai Properties Group (DPG) has been awarded for its provision of real estate development, leasing, sales, property management, and facility management, with the ISO 22301:2012 certification, it said in a statement on Tuesday. The ISO certification …
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Posted on 01/02/2017

How landmark projects impact Dubai real estate value

The influence that an iconic project can have on its locale is often quite dramatic. Apart from becoming a magnet for activity and development, trophy properties or iconic projects have the ability to change the value of nearby real estate. In Dubai …
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Posted on 31/01/2017

UAE property ads go direct with digital

Dubai: Property developers and estate agents in the UAE are making it very personal — more of them are spending significant sums on delivering marketing messages directly to your smartphone or computer. In fact, real estate ads showed a clear spike …
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Posted on 31/01/2017

Aldar supports dialogue for regional hotel investors as GIOHIS returns

Aldar Properties is undertaking multi-billion Dirham civic projects to help develop Abu Dhabi, the capital emirate of the United Arab Emirates, into an international business magnet and tourist destination. As the Emirate’s premier real estate …
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Posted on 31/01/2017

This service will improve connectivity among major attractions around Yas Island and Abu Dhabi.

This service will improve connectivity among major attractions around Yas Island and Abu Dhabi. Aldar Properties on Monday reached an agreement with Jalboot Marine Network for the launch of the service. Aldar Properties CEO Mohamed Khalifa Al Mubarak said …
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Posted on 31/01/2017

UAE residents share their experiences on losing and finding their prized possessions

In Abu Dhabi, people who lose or find items are advised to visit the nearest police directorate. Unclaimed items are eventually sent to charity, or to related departments such as immigration. In Dubai, handing over lost property within 48 hours is a legal …
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