With 2020 finally over, many hoteliers are looking to this year as the start of recovery. Just a few weeks into January, we've already seem some highly important hotels open in the UAE, and we know ... ( read original story ...)
Tabreed unit to enhance energy efficiency across ADCP buildings
Tabreed Energy Services will deliver energy efficiency services for selected buildings owned or managed by ADCP ... ( read original story ...)
Dubai Saw Drop in Sales Prices in 2020
Average sale prices in the city, which have been sinking for half a decade, dropped 8% year over year. But despite last year’s dip, Dubai sale prices are still 20% above where they stood in 2010-11, ... ( read original story ...)
IHC’s unit acquires 60% of Afkar Financial and Property Investment
Abu Dhabi – IHC Industrial Holding, a wholly-owned subsidiary of International Holdings Company (IHC), has completed the acquisition of 60% of the share capital of Afkar Financial and Property ... ( read original story ...)
UAE property market to decline further as oversupply hits close to 1mln units
Property buying in the UAE may have picked up in recent months, but the market is set to experience further declines this year due to an oversupply of residential units, which reached nearly 1 million ... ( read original story ...)
Aldar posts loss as slow sales bite market
Abu Dhabi?s biggest property developer, Aldar, posted a $214.9 million loss for the first half of this year as slow property sales continued to blight the market. ( read original story ...)
Dubai developer Seven Tides recorded sales worth $152mln in 2020
Dubai-based property developer Seven Tides International sold properties worth $152 million in 2020 and expects to see even more purchases this year. Russian, British, French and Indian investors were ... ( read original story ...)
Accor Group announces opening of new property in Deira, Dubai
The Aparthotel Adagio Dubai Deira has opened for business according to Accor Group. Billed as a living concept, the property aims to offer guests an ‘unforgettable home away from home’ experience with ... ( read original story ...)
UAE portal publishes property transaction data in ‘massive step’ towards transparency
Buyers and sellers in the UAE are being given access to detailed property transaction and trend data for the first time, in what's being described as a "massive step forward" for the region's real ... ( read original story ...)
The full guide to renting a home in Dubai in 2021
With Dubai being an international hub, renting is an important aspect which must be given careful thought and consideration to […] ... ( read original story ...)