Nakheel, the developer behind The Palm Jumeirah in Dubai, has launched the first waterfront villa project on the Palm Jebel Ali, amid strong demand for luxury homes in the emirate. The project, which …
Dubai real estate market booms: New projects gain momentum as new buyers flock in
New project launches in Dubai are going strong as developers are increasingly looking to tap new buyers – both residents and foreigners. These new launches are coming up not just from the local …
Dubai property sales hit $3.5bn in a week, Barsha apartment sold for $24m
The top three apartment and villa transfers included an AED88m ($24m) apartment sold in Al Barsha First, another apartment sold for AED75m ($20m) in Palm Jumeirah, and a third in Al Thanayah Fourth …
Dubai’s Next Big Wave: Chinese Dominance in Dubai’s Property Market
A noteworthy AED 15 billion worth of property was acquired by Chinese nationals in the past nine months. Over 10,000 new Chinese investors have signaled interest in Dubai properties since the …
Abu Dhabi royal launches $50B global investment fund
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in …
Imkan buys Abu Dhabi Arch Marble and Granite Factory in expansion push
Abu Dhabi-based real estate developer Imkan has acquired Abu Dhabi Arch Marble and Granite Factory, a manufacturer of building materials, as the company aims to diversify its revenue stream and expand …
Abu Dhabi Royal’s Firm Sets Up $50 Billion Investing Force
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in …
Caesars Palace Exits Dubai Just as the UAE Moves Toward Legalized Gaming
Caesars Palace, one of the best-known names in casino gambling, will leave Dubai just as the United Arab Emirates develops a framework for legalized betting.The resort, located on a manmade island, …
Third phase of Q Properties’ Reem Hills luxury apartments sold out in less than 4 Hours
The project proved hugely popular with buyers and investors this year for being currently the largest on the Abu Dhabi market in a highly desirable neighborhood at a competitive price point …
Aldar Estates Expands Portfolio Through Undefinedacquisition Of Fab Properties
ABU DHABI, 11th September, 2023 (WAM) — Aldar Estates, the region’s largest integrated property and facilities management company, has added further scale to its business with the acquisition of FAB …
What are the best locations for an investor seeking to buy mid-range property in Dubai?
Presently, JVC stands out as one of Dubai’s regions offering a high return on investment, making it an attractive choice for investors seeking solid income streams. In the other hand, if your …
Abu Dhabi: Aldar Properties sells out Gardenia Bay within 24 hours
Aldar Properties reports that Gardenia Bay appeals more to younger buyers, and it is set to release new buildings as development attracts investor interest. Abu Dhabi: Aldar Properties sells out …
Dubai: Get up to Dh10,000 a night rental income with penthouses
The majority of the penthouse buyers in Dubai are end-users. However … When it comes to average rentals of penthouses in the city, it really depends on what the property has to offer, according to …
Hot new property launches in Dubai for September 2023
Want to know more about hottest new properties launched in Dubai in Sep 2023? Check out the apartment and villa projects announced this month.
A 5-bed house for £161m? Inside Dubai’s most expensive mansion
With a list price of £161 million ($204m), Dubai’s ‘Marble Palace’ is now the most expensive private home in the city. The property sits in the ultra-exclusive neighbourhood of Emirates Hills – also …
Dubai property: Palm Jumeirah villa sold for $55m amid $1.6bn real estate spend this week
The Dubai real estate sector recorded transactions valued at … in Palm Jumeirah The sum of the amount of mortgaged properties for the week was AED959.92m ($261m) , with the highest being a land in …
Nawazuddin Siddiqui’s ex-wife Aaliya gets deportation notice from Dubai Government over non-payment of rent – Exclusive
Nawazuddin Siddiqui’s daughter Shora and son Yani have been studying in Dubai since the past couple of years. His estranged wife Aaliya stays with them there. ETimes has learnt that Aaliya received a …