The emirate recorded 3,568 property purchase and sale transactions worth Dh8.9bn and 3,906 mortgage transactions worth Dh13.6bn during the January-June period, Abu Dhabi’s Department of Municipalities …
Abu Dhabi: Properties worth $6.1bln sold in 6 months; investors prefer Yas Island
Investors continued to pour into Abu Dhabi real estate this year, with more than AED22.5 billion ($6.1 billion) worth of properties sold during the first six months of 2022. Between January and June, …
Dubai launches new real estate law regulating the grant of development rights on commercial lands
A Musataha agreement grants its holder rights to develop a plot of land owned by another party for a defined period of time Dubai launches new real estate law regulating the grant of development …
Dubai property prices start to cool down amid inflation worries, high interest rates
After more than a year of exceptional gains, property prices in Dubai are starting to cool down as more housing units come on stream, mortgage interest rates move higher and surging inflation worry …
Dubai: Palm Jumeirah Luxury Villa Sold For Dh128 Million
Amenities in home on Billionaires’ Row include infinity pool, private gym, rooftop lounge by Waheed Abbas Published: Wed 20 Jul 2022, 12:02 PM …
Alpago Properties announces $35mln weal of signature villa ‘Framed Allure’
Alpago Properties, the leading high-end real estate developer known for developing residential, commercial and hospitality projects have just announced the sale of signature villa, Framed Allure …
New Dubai real estate law to boost property investments as sector skyrockets
The law effectively creates a register for property investment funds, whose members will be given certain privileges to assist them in their investment activities in emirate’s real estate market New …
Pluses and minuses of choosing Dubai for expats
Buying property abroad, especially in resort countries, has always attracted foreigners. Many of them opted for real estate in Dubai. What made them choose this particular city? We decided to consider …
Renting in Dubai 2022: No more rent cheques in Dubai, all you need to know
It will also offer an easy digital alternative to tenants and offer them the option to opt for flexible payment plans from their landlords or property management companies. What is the Dubai 10X …
UAE’s housing market growing robustly
The UAE’s housing market is now growing robustly again, amidst improving economic conditions. Residential property prices rose strongly by 7.54% in Q1 2022 from a year earlier, in sharp contrast to a …
Rents continue to surge as Dubai house prices moderate
A sustained surge in rental, prices and transactions of residential properties underscores the buoyancy of Dubai’s real estate market during the first half of 2022 in the backdrop of sweeping visa and …
Dubai property prices: where they are rising and falling – June 2022
Average residential property prices increased 10 per cent in the year to June, with apartment prices nearly 9 per cent higher on average and villa prices increasing 19 per cent, CBRE said in its …
MCRE sees 70% of its June transactions for Abu Dhabi property come from international customers
Metropolitan Capital Real Estate (MCRE), part of the Metropolitan Group, witnessed a significant increase in business from international clients with 70% of its June transactions coming from …
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UAE property: ‘Can I verbally tell my tenant to vacate my property?’
We renewed the contract in November 2021 and added a clause that the tenant needs to vacate the property in October 2022. Can my tenant cause me further trouble by refusing to vacate the property, …
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Dubai-based Salman Ahmed finds concerts and selling property a good combo
Dubai: Mixing entertainment with selling property in Dubai is a natural fit – that’s the way Salman Ahmed sees it. He is the founder of PME Entertainment and of Burj Mayfair Real Estate, a brokerage …
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Serendipity in Saadiyat Island: Why This Luxury Resort Is A Must-Visit This Summer | The Escape
A Mediterranean-meets-Middle East haven awaits you this summer at Rixos Premium Hotel.. Serendipity in Saadiyat Island: Why This Luxury Resort Is A Must-Visit This Summer | The Escape. Abu Dhabi, …
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Man City owner Sheikh Mansour is worth £17billion, he’s got a mega yacht worth £400m, and is pals with Leo DiCaprio
SHEIKH Mansour hasn’t a worry in the world… The Manchester City owner has amassed a £17 billion fortune, mainly thanks to his booming International Petroleum Investment Company.
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