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Tag: property

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 …

Posted on 03/02/2024

Dubai records widening gap between renewal and new lease rents

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 …

Posted on 02/02/2024

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 …

Posted on 02/02/2024

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 …

Posted on 02/02/2024

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.

Posted on 02/02/2024

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 …

Posted on 01/02/2024

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 …

Posted on 01/02/2024

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 …

Posted on 31/01/2024

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 …

Posted on 31/01/2024

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 …

Posted on 31/01/2024

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 …

Posted on 31/01/2024

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 …

Posted on 30/01/2024

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 …

Posted on 30/01/2024

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 …

Posted on 30/01/2024

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 …

Posted on 29/01/2024

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 …

Posted on 28/01/2024

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..

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