Rugged surfboards line a rack in one corner as a salty breeze underscores the tropical humidity.There is, however, nothing simplistic about Ramhan Island, a new development off the Abu Dhabi coast.
Dubai: Rent crosses Dh1 million per year for some villas, flats amid sky-high demand
R ents have reached record highs due to unprecedented demand for uber-luxury properties in Dubai, with 270 rental transactions signed in the first five months of 2024 with annual rents of Dh1 million …
Navigating the Tech-Forward Real Estate Market: A Comprehensive Guide to Property in Dubai for Expats
When searching for property for sale in Dubai for expats, foreigners have a plethora of alternatives thanks to the city’s thriving actual property industry. Expats proceed to have a sturdy demand for …
UAE Property: ‘My landlord wants to raise my rent by more than the DLD rental index limit’
Question: My landlord has just sent the lease renewal but instead of the 10 per cent increase specified on the Dubai Land Department’s rental index, he is trying to increase it by 15 per cent. The …
UAE biggest wealth magnet for third straight year
The UAE is set to lead for the third year in a row as the world … at $10bn two years ago but are now worth $12.5bn if not more given the 25pc increase in property prices in the emirate. Millionaires …
Thinking of getting a mortgage in Dubai? 5 essential steps to take
Thinking of buying a property in Dubai? This guide offers valuable insights from Mollie Credland, a Mortgage Advisor at Espace.
My Own Home: British retiree finds Dh540,000 Dubai apartment near grandchildren
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Jo Woolston had been coming to the UAE for a …
UAE retains position as world’s top wealth magnet for third year
A record 6,700 millionaires are expected to call the UAE their new home by the end of this year, a survey by international investment migration advisory firm Henley & Partners has found. The luxury …
UAE flooding property insurance loss seen up to US $2.3bn by Gallagher Re
Demonstrating that large industry loss events from severe weather are possible in the Arabian Gulf region, reinsurance broker Gallagher Re has estimated …
Insured property losses from UAE floods at $1.8bn-$2.3bn: Gallagher Re
Insured property losses in the United Arab Emirates (UAE) arising from the floods in April will reach $1.8bn-$2.3bn, including facultative risks, according to Gallagher Re. The reinsurance broker also …
Abu Dhabi’s Adia and Advent to invest up to $3bn in Fisher Investments
A subsidiary of the Abu Dhabi Investment Authority and global private equity investor Advent International have agreed to invest up to $3 billion for a minority stake in Fisher Investments, the …
Abu Dhabi’s Adia and Advent to invest up to $3bn in Fisher Investments
A subsidiary of the Abu Dhabi Investment Authority and global private equity investor Advent International have agreed to invest up to $3 billion for a minority stake in Fisher Investments, the …
Dubai: Illegal eviction amid rent hikes spark concern among residents
Alabastro didn’t want to leave the one-bedroom apartment he was renting in Jumeirah Village Circle (JVC), but he was served an eviction ..
Dubai’s Property Boom Fueled by Off-Plan Investments
Dubai Dubai’s residential property market is experiencing a surge, driven by a significant increase in demand for off-plan properties. These are properties that are still under construction, and …
Dubai South: Final phase of South Bay project sells out in 4 hours
Upon completion, Dubai South’s South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions …
Emirati woman turns property broker as Dubai pushes for more local agents in real estate
Emirati Khulood Al Hosani never imagined she would find her true calling as a property broker in Dubai.But once the decision to switch to the real estate sector was made, she refused to leave anything …
Dubai South Properties sells out final phase of South Bay
Dubai South Properties has announced the sell-out of the final phase of South Bay, its unique development in the heart of Dubai South’s Residential District, in four hours after launching it onto the …