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Tag: property

Posted on 04/08/2023

Infinity Group doubles property management portfolio to over $2bn through competitor acquisition

Infinity Strata Management continues to deliver high-quality services to its clients Infinity Group doubles property management portfolio to over $2bn through competitor acquisition Dubai propert …

Posted on 03/08/2023

Abu Dhabi could have its own production studio complex by 2025

To be christened twofour54 studios, the ambitious initiative will take film production to the next level in the capital. Image/video: Instagram Salient features of the development include an area of …

Posted on 03/08/2023

UAE Property: ‘Can my lease be terminated if I partition the unit?’

Question: We rented a one-bedroom flat on July 10. We saw a lot of partitions in other flats, so we decided to build the same in our apartment. Before we started, the building watchman asked us for …

Posted on 03/08/2023

Dubai Property Expo, a Grand Success in Chandigarh

PNN Chandigarh [India] August 3 The highly anticipated Dubai Property Expo organised by Census Consultant in association with Danube Properties Dubai concluded on a successful event on 29th 30th July …

Posted on 03/08/2023

Dubai’s Deyaar Q2 net profit surges on new handovers

Dubai-based property developer Deyaar reported a 90% surge in its Q2-2023 net profit as its revenue more than doubled on the back of a boom in the emirate’s property market. Net profit for the period …

Posted on 02/08/2023

How to rent an apartment in the UAE: A guide to suit every budget in Dubai and Abu Dhabi

Moving to a country in the midst of a property explosion and soaring rental prices can be a daunting prospect. This step-by-step guide can help take some of the pain out of picking that dream home to …

Posted on 02/08/2023

Abu Dhabi records over $12.61bln worth of realty transactions in H1 2023

In the list of top five areas in terms of the numbers and values of real estate transactions in Abu Dhabi during the first six months of 2023, Al Saadiyat Island topped the list with transactions worth AED3 billion, with Yas Island coming in at second place with transactions worth AED2.6 billion.

Posted on 02/08/2023

My Own Home: French professor snaps up Dh1.1m JVC apartment after 6 years in UAE

French national Celia Ouali recently bought and moved into a two-bedroom apartment in Dubai’s Jumeirah Village Circle (JVC). The home in Reef Residency is her second property purchase since moving to …

Posted on 01/08/2023

Property Finder’s latest market watch report for Q2 2023 highlights an uptake in off-plan transactions across Abu Dhabi and Dubai

Notable surge in transactions indicates confidence from investors, with ongoing efforts to enhance regulatory frameworks and investment environments by the government …

Posted on 01/08/2023

UAE luxury real estate residential market outlook remains bullish

The growing segment offers several opportunities for investors and developers as the UAE economy continues to outpace its global peers …

Posted on 30/07/2023

Dubai luxury property market to maintain fastest growth rate in H2

Demand for Dubai’s luxury properties will remain strong in the second half of 2023 and will be the fastest growing market among all the major cities around..

Posted on 28/07/2023

Aldar announces $136m asset redevelopment plan

Aldar Properties has announced the plan to redevelop two of its retail assets in the UAE. The AED500m ($136m) investment plan includes the redevelopment of Al-Jimi Mall in Al Ain, Abu Dhabi and …

Posted on 28/07/2023

Reportage Properties to hold a special sales day in Abu Dhabi

Abu Dhabi: Reportage Properties, the leading UAE real estate developer, is holding a special day for sales at the Sofitel Abu Dhabi Corniche Hotel, next Sunday, July 30. The offers include a special …

Posted on 27/07/2023

Union Properties’ net soars on Dubai realty boom

Union Properties announced a net profit of Dh17.7 million for the first six months of 2023, compared to a net loss of Dh12.2 million during the comparable ..

Posted on 27/07/2023

Dubai property market: Top 10 most popular neigbourhoods in 2023

According to DLD, 392 real estate projects are currently being developed in the emirate. Dubai property market: Top 10 most popular neigbourhoods in 2023. Barsha South, business bay, Dubai Land …

Posted on 27/07/2023

UAE property: ‘I lost my job and cannot pay the rent’

Question: I live in a hotel serviced apartment in Dubai. There is no Ejari. Late last year, I renewed my annual lease for a second year. At the time, there was no indication of any problems from my …

Posted on 27/07/2023

UAE’s commercial property market records highest demand in nine years

The UAE’s commercial property sector in the second quarter recorded the highest demand for occupancy since 2014, amid a pickup in the economy. Headline occupier demand posted an increase of 56 per …

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