I was offered a chance to do this, so why not?” Pradines said. The 44-year-old Brazilian and a father of two, who has been living in Dubai for around 10 years, lost his lower leg in a freak accident while trying to board a moving train when he was 11 ... ( read original story ...
Glitch in Tawtheeq system causes upheaval for Abu Dhabi residents
ABU DHABI // A glitch in the municipality’s property registration system has stopped hundreds of people from moving into new homes. Long queues have formed all day at the Tawtheeq offices for more than a week, with many people having to return the next ... ( read original story ...)
Abu Dhabi rents expected to decline in 2017
the property division of Abu Dhabi Islamic Bank, told The National. “I think possibly the effect of the reintroduction of the rent cap could be that rents start to stabilise,” added Andrea Menown, head of investment sales at broker LLJ. Either way ... ( read original story ...)
Fun Abu Dhani attraction coming in 2018
World Abu Dhabi will bring together Super Heroes and Super-Villains from the DC Universe, including Batman, Superman and Wonder Woman, as well as iconic animated properties such as Bugs Bunny, Scooby-Doo and Tom and Jerry, creating a family-friendly ... ( read original story ...)
Rents and prices set to fall further in Abu Dhabi in 2017
Average residential rents and property prices in Abu Dhabi fell in 2016 and further declines are likely in 2017 due to new supply coming onto the market, the latest analysis report suggests. Apartment rents fell by 7% on average year on year and villas ... ( read original story ...)
Rak Properties signs deal to launch InterContinental hotel
Ras Al Khaimah: Rak Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has signed a Dh11.5 million contract with Al Nuaimi Group, to embark on the implementation phase of its upcoming InterContinental Mina Al Arab ... ( read original story ...)
Abu Dhabi sees big demand for affordable lodging
The UAE capital's largest and most influential property investment show, Cityscape Abu Dhabi will run from April 18 to 20 at the Abu Dhabi National Exhibition Centre. It has returned with new features and highlights across 18,000 sq m of exhibition space ... ( read original story ...)
Abu Dhabi tenants will move for better value in 2017, says latest Asteco report
The average annual rent of a high-end two-bedroom property on Abu Dhabi Island falling 10% to AED141,000 in 2016; and a two-bedroom apartment in Khalidya/Bateen dropping by as much as 13%, on average, to AED146,000. Mid and lower end apartments experienced ... ( read original story ...)
RAK Properties reports 9.4% profit growth in 2016
RAK Properties, Ras Al Khaimah’s largest property developer listed on the Abu Dhabi Stock Exchange, has reported 9.38% net profit growth and increased profit margins for 2016. The company, which has been leading the residential and commercial development ... ( read original story ...)
UAE Islamic banking assets reach Dh520b
Abu Dhabi: Saif Hadef Al Shamsi, Assistant Governor for Monetary Policy and Financial Stability at the UAE Central Bank, has said that total Islamic banking assets in the UAE have increased to approximately Dh520 billion in the past few years. Al Shamsi ... ( read original story ...)