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Category: PROPERTY

Posted on 08/02/2024

Dubai real estate: Rent to remain ‘unchanged’ for villas but apartments to see price hike, expert says

Popular mid-tier communities like Discovery Gardens and Dubai Silicon Oasis saw some of the fastest price rises. Prime property continued its bullish trajectory, with valuations in high-end areas …

Posted on 08/02/2024

UAE Property: ‘Can an agent demand a gift for negotiating rent?’

Question: Our real estate broker wants us to pay a full year’s rent before providing us with a signed tenancy contract. Is this normal practice in the UAE, because this is not how it’s done in the UK?

Posted on 08/02/2024

Inaugural UAE Property Forum In Brazil Concludes Successfully

Inaugural UAE Property Forum in Brazil Concludes Successfully . Saleh Al-Suwaidi: The forum is a significant addition to the real estate sector and stre …

Posted on 07/02/2024

Aldar Properties awarded $6bn in contracts last year

Aldar Properties has announced the awarding of 49 contracts, totalling AED22bn ($6bn), for a series of projects, including infrastructure, residential, commercial, and mixed-use developments across …

Posted on 07/02/2024

Dubai’s real estate transactions surged 17% to record 1.6 million last year

Dubai registered a record 1.6 million real estate transactions across market segments, an almost 17 cent jump on an annual basis, as the emirate’s property market continues to strengthen amid robust …

Posted on 07/02/2024

S2S Properties sells Dubai penthouse ‘The Duchess at The 118’ for $17.7 million (Dh65 million)

This is reportedly the second-highest ready-to-move-in property sale in Dubai In what is being reported as the second-highest sale among ready-to-move properties in the emirates, Dubai-based S2S …

Posted on 07/02/2024

UAE’s Aldar Properties unveils Dhs5bn investment plan

The office and retail assets are part of the Aldar Investment portfolio, which houses the group’s Dhs25bn of income-generating real estate assets.

Posted on 07/02/2024

Dubai real estate: Is your landlord illegally increasing your rent? Here’s how to find out

Dubai residents can accurately calculate legal rent increases according to RERA guidelines and dispute illegal hikes – everything you need to know …

Posted on 07/02/2024

Aldar to invest $1.36bn to develop income-generating assets in Abu Dhabi

Aldar Properties, Abu Dhabi’s biggest listed developer, will invest Dh5 billion ($1.36 billion) to develop a range of income-generating assets in Abu Dhabi, with a focus on commercial, retail and …

Posted on 06/02/2024

Citi Developers sells 70% of maiden Dubai project

Citi Developers maiden project in Dubai, the Dh300 million, Aveline Residences, to be developed in the heart of Jumeirah Village Circle, has already seen 70 per cent of its apartments booked. “JVC is …

Posted on 06/02/2024

Abu Dhabi’s Aldar Properties to deploy $1.4bln in office and hospitality assets

Abu Dhabi’s biggest developer, Aldar Properties PJSC, will deploy a further 5 billion dirhams ($1.4 billion) to develop a range of income-generating assets within key destinations in Abu Dhabi.

Posted on 05/02/2024

Abu Dhabi property market: From Al Reef to Saadiyat Islands – 5 areas to track

While there was an increase in sales prices in several areas of Abu Dhabi, this trend was particularly noticeable in upscale neighbourhoods …

Posted on 05/02/2024

UAE property market not affected by regional geopolitical issues, says expert

Group chief investment officer at Emirates NBD Group speaks to Khaleej Times about long-term outlook in the country …

Posted on 05/02/2024

Can high rents push more Dubai residents to turn end-user property buyers?

A lot of Dubai property market’s upcoming demand hinges on where rents are headed Rental rates in Dubai have been passing through some exceptional highs. Can a flood of new offplan developments in the …

Posted on 05/02/2024

Cost of buying, selling $2mln property cheaper in Dubai than London, Mumbai, Paris

Dubai’s prime residential property market grew at the fastest pace among all the global cities in 2023 and will continue its strong run in 2024, outperforming almost all the major cities yet again.

Posted on 04/02/2024

Cost of buying, selling $2million property cheaper in Dubai than London, Mumbai, Paris among other cities

Dubai’s prime residential property market grew at the fastest pace among all the global cities in 2023 and will continue its strong run in 2024, outperforming almost all the major cities yet again.

Posted on 04/02/2024

The Lana, Dorchester Collection opens in Dubai

Developed by OMNIYAT, The Lana is the tenth property in the Dorchester Collection portfolio … to transforming the area into the ultimate luxury enclave in the heart of Dubai and is a representation …

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