Rental costs in Jumeirah Village Circle were up 7 percent to 16 percent, averaging at AED34,000, AED48,000 and AED70,000, for studios 1-bed and 2-bed units …
Top 10 construction contracts in the Middle East in August 2022
Some of the top contracts in August included FM deals, offshore production projects, EPC deals, and project management contracts. Top 10 construction contracts in the Middle East in August 2022. adnoc …
Dubai property market records 9,720 sales transactions worth over $6bln in August
DUBAI – According to Property Finder, the leading MENAT’s proptech company, the real estate market in Dubai recorded 9,720 total sales worth AED24.3 billion in August, the highest performing month in …
Dubai property price growth eases in August, report says
Dubai property prices experienced their slowest monthly growth rate in 18 months in August, according to a report by property consultancy ValuStrat. “The villa submarket continued to perform, albeit …
UAE property: ‘Does an eviction notice have to be personally given to a tenant?’
However, I wish to sell the unit as soon as possible.I know that I need to give them a 12-month notarised eviction notice. Can I serve this notice before September 30 and sell the property with the …
Abu Dhabi realty market flourishes
The Abu Dhabi real estate market is witnessing remarkable activity during this period amid an increasing demand for quality projects that provide excellent services to buyers. Reportage Properties, …
Reportage Properties launches ‘Plaza’ project in Masdar City
Reportage Properties, the leading real estate developer in the UAE, revealed the launch of the new ‘Plaza’ project in Masdar City in Abu Dhabi, which consists of 348 residential units. The project …
Residential property deals in Dubai hit yet another high of AED3 billion on Tuesday
Tuesday’s deals included 408 sales transactions worth AED893.55 million, 87 mortgage deals of AED2.16 billion and 16 gift deals amounting to AED26.98 million Residential property deals in Dubai hit …
UAE: Danube picks Naresco as main contractor for $129mln Skyz Tower
A Mediterranean-themed high-rise residential tower with elegantly-designed apartments, retail outlets and recreational facilities, Skyz will be developed on a 67,837.39 sq ft plot of land at Arjan …
Buying a property in Dubai: how do British expats live in the UAE?
As an expat in this city, you will not be in the minority, since 80% of the population are immigrants. Dubai is a cosmopolitan city, and food, lifestyle, and architecture have an international impact.
Dubai’s DAMAC awards $85.3mln contracts for master development
Dubai property developer DAMAC has awarded new contracts worth AED313.5 million ($85.3 million) for its master development that includes the construction of close to 200 villas. The contracts awarded …
UAE: Can expatriates own land in Dubai?
I am looking to make some investments in Dubai. Are expatriates or foreigners allowed to own land in Dubai? Could you explain the laws surrounding land ownership for expats? Pursuant to your queries, …
Aldar boosts property, FM portfolio with Spark acquisition
Abu Dhabi developer Aldar Properties has announced that it is scaling up its property and integrated facilities management platform through the full acquisition of Spark Security Services, a leading …
Dubai records $2 billion real estate transactions in a week amid market boom
AED 1.75 billion, and 1,720 apartments and villas sold for AED 3.55 billion Dubai records $2 billion real estate transactions in a week amid market boom Dubai, Dubai property market, Real Estate, UAE …
18 incredible mega projects coming to Abu Dhabi soon
We’re living in mega times… In the past year we’ve seen some huge new leisure projects launch in Abu Dhabi, we’re looking at the WB hotel; The Yas Bay Waterfront; The National Aquarium and other …
Abu Dhabi’s Aldar acquires security guards provider Spark Security for $34 million
Abu Dhabi developer Aldar Properties has fully acquired manned guarding security services provider Spark Security in an all-cash AED125 million ($34 million) transaction. Abu Dhabi’s Aldar acquires …
Aldar scales up property and integrated facilities management platform with acquisition of spark security services
Aldar Properties PJSC (“Aldar”) today announced that it is scaling up its property and integrated facilities management platform through the full acquisition of Spark Security Services, a leading UAE …