A glittering 65-floor Mercedes-Benz tower is the latest landmark in an emirate where prices — and the buildings — keep on rising …
Dubai Fake Property Ad Scam: Residents Call Out Agents Who Bait And Switch, Ask For Advance Payment
As Dubai’s regulatory authority imposed a fine of Dh50,000 each on 30 real estate companies recently, who failed to comply with the terms and conditions specified in real estate advertisements, …
Property tycoon Nick Candy: Crime-ridden London is losing out to Dubai
Luxury property developer Nick Candy, a born and bred Londoner, says the UK capital is missing out on opportunities because crime has sent its reputation tumbling. Safe locations such as the UAE are …
UAE real estate: Now is the right time to buy property in Ras Al Khaimah, experts say
Ras Al Khaimah’s positive economic trajectory bodes well for property investors seeking strong returns, experts say …
UAE’s Aldar sees Q4 2023 profit rise 39% to $381mln on record property sales
Abu Dhabi-listed Aldar Properties said net profit grew 39% year-on-year (YoY) to 1.4 billion UAE dirhams ($381.16 million) in the fourth quarter of 2023 after quarterly property sales reached a new …
Dubai apartment rents up 15% last year, sales prices climbed 10% as over 27,400 units enter market
Average apartment and villa rents increased by 2 per cent and 3 per cent over the final quarter of 2023, and by 15 per cent and 14 per cent year-on-year. In the commercial sector, however, the strong …
Emaar’s 2023 profit jumps 70% on higher property sales
Emaar Properties, Dubai’s largest listed developer, reported a 70 per cent annual jump in its 2023 financial year net profit, driven by increased sales as the UAE property market continues to grow …
UAE’s Aldar Properties invests $111mln in European logistics and storage assets
Abu Dhabi’s biggest developer, Aldar Properties PJSC, has invested 407 million dirhams ($111 million) in logistics and storage assets in Europe through a partnership with global investment firm …
Dubai real estate: Rent to remain ‘unchanged’ for villas but apartments to see price hike, expert says
Popular mid-tier communities like Discovery Gardens and Dubai Silicon Oasis saw some of the fastest price rises. Prime property continued its bullish trajectory, with valuations in high-end areas …
UAE Property: ‘Can an agent demand a gift for negotiating rent?’
Question: Our real estate broker wants us to pay a full year’s rent before providing us with a signed tenancy contract. Is this normal practice in the UAE, because this is not how it’s done in the UK?
Inaugural UAE Property Forum In Brazil Concludes Successfully
Inaugural UAE Property Forum in Brazil Concludes Successfully . Saleh Al-Suwaidi: The forum is a significant addition to the real estate sector and stre …
Aldar Properties awarded $6bn in contracts last year
Aldar Properties has announced the awarding of 49 contracts, totalling AED22bn ($6bn), for a series of projects, including infrastructure, residential, commercial, and mixed-use developments across …
Dubai’s real estate transactions surged 17% to record 1.6 million last year
Dubai registered a record 1.6 million real estate transactions across market segments, an almost 17 cent jump on an annual basis, as the emirate’s property market continues to strengthen amid robust …
S2S Properties sells Dubai penthouse ‘The Duchess at The 118’ for $17.7 million (Dh65 million)
This is reportedly the second-highest ready-to-move-in property sale in Dubai In what is being reported as the second-highest sale among ready-to-move properties in the emirates, Dubai-based S2S …
UAE’s Aldar Properties unveils Dhs5bn investment plan
The office and retail assets are part of the Aldar Investment portfolio, which houses the group’s Dhs25bn of income-generating real estate assets.
Dubai real estate: Is your landlord illegally increasing your rent? Here’s how to find out
Dubai residents can accurately calculate legal rent increases according to RERA guidelines and dispute illegal hikes – everything you need to know …
Aldar to invest $1.36bn to develop income-generating assets in Abu Dhabi
Aldar Properties, Abu Dhabi’s biggest listed developer, will invest Dh5 billion ($1.36 billion) to develop a range of income-generating assets in Abu Dhabi, with a focus on commercial, retail and …