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Category: PROPERTY

Posted on 24/01/2025

Abu Dhabi’s Modon Holding enters London’s prime property market with towers project

Abu Dhabi-based Modon Holding has partnered with Broadgate Reit, owned equally by FTSE 100-listed property developer British Land and global investor GIC, marking its entry into London’s prime real …

Posted on 24/01/2025

UAE Property: ‘Am I entitled to compensation if my landlord conducts major repairs during my tenancy?’

Question: I rented an apartment around two months ago. The maintenance company approached us last week saying it had to completely redo the plumbing of the bathroom, which would take about 15 days.

Posted on 24/01/2025

British Land and GIC sell half of Citadel’s new City tower to Abu Dhabi’s Modon

British Land and Singapore’s GIC have sold half of Citadel’s new City of London office tower, currently under construction at Broadgate, to Abu Dhabi’s Modon Holding.

Posted on 24/01/2025

Dubai real estate: The 2 areas tipped for major investment growth as city sales topped $115bn last year

The Dubai real estate sector saw sales of more than $115bn last year as transaction value increased by 25 per cent, according to haus & haus data. Off-plan properties led the market and one area stood …

Posted on 24/01/2025

Dubai real estate: Luxury villa on Palm Jumeirah sold for $63mn, setting new standards

The record-breaking Allegra villa is a 28,154 sq ft property located on G Frond of Palm Jumeirah. Dubai real estate: Luxury villa on Palm Jumeirah sold for $63mn, setting new standards. Allegra, Dubai …

Posted on 23/01/2025

Dubai commercial property market records 24% jump in growth, rakes in $24.5bn in value in 2024

The office segment emerged as a cornerstone of growth, with 2,972 office sales transactions valued at AED 6.5 billion …

Posted on 23/01/2025

OMNIYAT Properties leads Dubai’s ultra-luxury real estate market sales of $10mln-plus apartments: Property Monitor

In the ultra-luxury real estate segment of apartments valued at USD 10 million-plus, OMNIYAT Properties achieved 46 transactions and a 37% share …

Posted on 23/01/2025

Freehold property ownership now open to all nationalities in Dubai

Dubai has opened freehold property ownership to all nationalities, allowing private owners to convert their holdings in a bid to attract global investors and cement the city’s status as a leading …

Posted on 21/01/2025

Affordable rents, location: Dubai’s new city around its airport in the south is among most popular

Dubai is building an entire city in its south as its Dh128 billion-passenger terminal at Al Maktoum International Airport takes shape. According to property experts, Dubai South is now among the top …

Posted on 20/01/2025

These are the most popular places to buy and rent in Abu Dhabi right now

First up, Al Reem Island, Al Reef, and Al Ghadeer are the reigning champions for affordable apartment sales. Al Ghadeer took things up a notch with a 19.8 percent price spike, making it the star of …

Posted on 20/01/2025

Dubai expands freehold areas to attract new investment

Private property owners along Sheikh Zayed Road, extending from the Trade Centre Roundabout to the Water Canal and Al Jaddaf, will be allowed to convert their ownership status to freehold to all …

Posted on 19/01/2025

Dubai realtor plans Dh600 million projects this year

It also paves the way for the developer’s ambitious plans to launch Dh600 million worth of projects across prime Dubai locations in 2025, including Dubai International City Phase II, Dubai Islands, …

Posted on 19/01/2025

Dubai Opens SZR, Al Jaddaf Properties for Freehold Ownership

The Dubai Land Department (DLD) announced a game-changing update on Sunday: property owners of all nationalities in select areas along Sheikh Zayed Road (from Trade Centre Roundabout to the Water …

Posted on 19/01/2025

Dubai allows property owners on Sheikh Zayed Road and Jaddaf to convert to freehold

Dubai has issued a new initiative that will allow private property owners of all nationalities in the Sheikh Zayed Road and Al Jaddaf areas to convert their ownership to freehold status, in a move …

Posted on 19/01/2025

Dubai Land Department enables private property owners on Sheikh Zayed Road and Al Jaddaf to convert to freehold ownership

Initiative set to benefit landowners in these areas by enhancing the market value of their propertiesTotal of 457 plots eligible for conversion to freeholdMarwan Ahmed bin Ghalita: The move will reinf …

Posted on 19/01/2025

Dubai: Property buyers prefer areas with easy commutes between home, work

Property buyers in Dubai are increasingly investing in real estate based on the city’s development plans. They follow government’s road and transport infrastructure expansion agenda to when travelling …

Posted on 18/01/2025

UAE Property: ‘Is there an oversupply and could that lead to a market crash?’

Question: All I see in my Instagram and TikTok feeds are real estate agents announcing new projects. I also see construction happening everywhere and all handovers seem to be scheduled for 2025/2026.

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