Dubai is seeing a two-tiered rental market, with a widening gap between new contracts and lease renewals, a report has shown.Many tenants are opting to stay put because rental increases during …
UAE real estate: Six property market predictions for 2024
Interest rates in the US, and therefore in the UAE, are expected to fall this year as a trend of disinflation continues to be observed. However, expectations that interest rates will fall during H1 …
Red Sea Attacks Force Firms to Test New Land Routes Via UAE, Saudi
An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle …
Taiwanese actress Zhang Ting refutes rumors of spending $27M on Dubai villas
Actress Zhang Ting issued a statement through her lawyer denying rumors that she and her husband, actor Lin Ruiyang, acquired six houses in Dubai for US$27 million.
Dubai: Residents of Gardens community ‘heartbroken’ after receiving eviction notices
Developer Nakheel has served tenants notice of their refurbishment plans, but expats who built their whole lives around the place for decades are struggling with …
Abu Dhabi real estate transactions hit $1.36bln in January 2024
The real estate sector in Abu Dhabi is on an upward trajectory, supported by incentives and quality real estate projects launched by the department, in addition to various projects initiated by real e …
Golden opportunity: Property investors welcome new ease in UAE golden visa eligibility
The UAE government has announced the removal of the Dh1 million minimum down payment for real estate investments …
Teraciel Properties Set to Expand Presence Further in the UAE
Sales of +$30 million ultra-luxury homes doubled in the UAE in 2023 worth $2.3 billion ● Teraciel Properties is bringing 40 years of exp …
Affordable Residential Property: Analysing Investment Opportunities In Abu Dhabi And Major Indian Cities
On the rental yield front, Abu Dhabi stays true to its robust nature, offering around 5-8%. Locations like Saadiyat Island boast even higher returns. The tenant base ranges from families to …
Dubai real estate: Where to buy apartments for under AED1mn
Whether you’re a young professional, a growing family, or a savvy investor, these neighbourhoods in Dubai offer houses for under AED1 million …
Dubai real estate: Off-plan property supply and UAE Golden Visa rule change to spark investment boom
Dubai real estate developer ZāZEN Properties said UAE Golden visa rule changes will see further property investment this year …
Abu Dhabi real estate robust on off-plan properties’ demand
Looking ahead, the outlook for 2024 remains positive, with analysts forecasting further price growth, especially for residential properties, stated ValuStrat in its report which analyses the key …
Abu Dhabi office sales prices up 38.7% YoY in Q4 2023 – ValuStrat
Office sales prices in Abu Dhabi grew by 38.7% year-on-year in the fourth quarter of 2023 with asking rents rising by 13.3%, according to ValuStrat. Aldar Properties achieved 97% occupancy across its …
Why Are More Indians Investing In Dubai? An In-Depth Look Into Dubai Real Estate Trends
Dubai, acknowledged as one of the most multicultural cities worldwide, is a thriving global centre for trade, innovation, and tourism. With its robust economy and cosmopolitan culture, the city offers …
Kleindienst in deal to open 198-room voco property in Dubai
The new property will operate under the globally acclaimed voco brand, as ‘voco Monaco Dubai,’ stated the developer. This appointment complements The Heart of Europe’s ethos, which aligns with The …
Dubai: Branded residences offer up to 100% higher rents
Branded residences can command double the rent than non-branded residences in Dubai due to luxurious amenities and high demand for units in such projects f..
Reportage Properties to hold a special sales day in Dubai
Abu Dhabi: Reportage Properties, the leading UAE real estate developer, is holding a special sales day at the JW Marriott Hotel Dubai, Sunday, January 28. The company make special offers on their …