I have a question on the topic of developers’ so-called registration fees on resales. I am buying a villa in Abu Dhabi and the developer is charging a whopping 5 per cent fee for the resale registration. I was under the impression that this was made …
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London third-biggest residential property market for Middle Eastern wealth after Abu Dhabi and Dubai
When it comes to balancing risk and reward in real estate, cities in Europe, South East Asia and Mediterranean fit into the sweet spot. In terms of house price, local rents and prospective growth—Portugal, Cyprus, India and Pakistan have been crowned as …
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Dubai health sector goals outlined
Dubai: Top officials of the Dubai Health Authority met at the Transformation Forum on Wednesday to outline the goal of Dubai Health Strategy 2016-2021 and assess the achievements of the sector. Strategy leaders also discussed future actions that will help …
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Seven-year-old Dubai boy wins global IKEA drawing competition
Dubai: Seven-year-old Dubai boy Shane Matthew is among 10 winners of IKEA’s global drawing competition. His drawing of a fluffy lion was selected from 70,000 drawings submitted globally by children aged 12 or under. The winning designs will become a …
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United Arab Emirates hockey player has the best reaction to meeting Alex Ovechkin
Fatima Al Ali, the hockey player with the sick stickhandling skills who Capitals great and team ambassador Peter Bondra met on a November trip to Abu Dhabi, is in Washington this week as part of the NHL’s celebration of “Hockey is for Everyone Month.”
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UAE hit by rare snowfall and arctic winds as temperatures drop to -5 degrees
The heaviest snowfall since 2009 was greeted as an opportunity for fun by locals in mountainous Ras Al Khaimah my_rak/Twitter The United Arab Emirates has been hit by some of the coldest weather in the region in years, stunning Emiratis who have been …
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UAE-Russia cooperation discussed
HH Shaikh Mohammed welcomed the Rosneft CEO and discussed with him topics related to oil and energy industries, and investments in these vital sectors, according to UAE News Agency (WAM). They also discussed means of co-operation and co-ordination among …
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UAE Law Firm, Afridi & Angell, Selects Lexis® InterAction® for Relationship Intelligence
Afridi & Angell, a United Arab Emirates full service business law firm, has selected Lexis ® InterAction ® from LexisNexis ® Enterprise Solutions as the firm’s client relationship management solution of choice. The solution will provide lawyers and …
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Rare Desert Snow: Temperatures Drop Causing Snowfall In UAE
It was one unusual event that the people literally didn’t have words to describe it. In other news, Dubai also experienced some temperature drops but it wasn’t as enjoyable in Ras Al Khaimah. On Friday, hail and strong winds ravaged the city streets of …
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Really Special should be tough in UAE 1000 Guineas
Really Special looked very much like the best 3-year-old dirt filly in Dubai when she comfortably won the UAE 1000 Guineas Trial on Jan. 19, and if she is, she will take all kinds of beating Thursday night at Meydan Racecourse in the $250,000 UAE 1000 …
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Abu Dhabi stats: 19 dead, 155 injured from quad bikes
Abu Dhabi: The traffic police’s latest figures has revealed that in 2016, the capital recorded 174 bike accidents that left 19 dead and 155 people with injuries. Statistics issued recently by the General Directorate of Traffic at the Ministry of Interior …
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Property resale registration fees are illegal in Abu Dhabi
I have a question on the topic of developers’ so-called registration fees on resales. I am buying a villa in Abu Dhabi and the developer is charging a whopping 5 per cent fee for the resale registration. I was under the impression that this was made …
( read original story …)
Basics You Need to Know about Investing in Dubai Property
Many people are interested in investing in Dubai property but do not know how or where to start. And most likely, they are not aware of the available investment options. With more than $1 trillion expected to have entered the global real estate market in …
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Dubai welcomed record 14.9M visitors in 2016
Dubai welcomed a record 14.9 million visitors in 2016, the city’s tourism department said Tuesday, as the Gulf emirate capitalised on its reputed safety in a region wracked by turmoil. The city-state, one of seven sheikhdoms that make up the United Arab …
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Why you must mull buying property in Dubai this year
After an exacting year of 2016, the Dubai real estate market is expected to soften in 2017. However, Dubai prevails as the number one property market in the Middle East, while being ranked 23rd on a global scale, according to consultancy CBRE. The market …
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Two students travel 12,000km for internship at Gulf News
Dubai: Two media students have travelled over 12,000km for an internship at Gulf News. But what’s driving young people like them to the UAE? Alison Xiao, 20, and Natassia Chrysanthos, 21, students at the University of Sydney, Australia, are in their …
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Why you must mull buying property in Dubai this…
After an exacting year of 2016, the Dubai real estate market is expected to soften in 2017. However, Dubai prevails as the number one property market in the Middle East, while being ranked 23rd on a global scale, according to consultancy CBRE. The market …
( read original story …)