President-elect Donald Trump announced a deal with Dubai developer DAMAC Properties for an investment of at least $20 billion in the U.S. CBS News’ Aaron Navarro reports.
Dubai’s Damac plans $20bn US data centre investment
By bnm Gulf bureau Dubai property developer Damac will invest at least $20bn in US data centres, focusing on artificial intelligence and cloud computing facilities, chairman Hussain Sajwani announced …
UAE’s Dar Global to enter US property market after partnering with Trump Organization
Dar Global has agreed to a string of real estate deals with the Trump Organization, the company founded and owned by US President-elect Donald Trump.
Live news: Dubai property developer Damac to invest $20bn in US data centres
Damac, the Dubai-based property developer, will invest at least $20bn in US data centres, its chair Hussain Sajwani announced as he met Donald Trump, the US president-elect, at his Mar-a-Lago resort …
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
Dubai developer DAMAC Properties will invest at least $20 billion “over a very short period of time” in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump …
Mama Shelter hotel debuts in Dubai: Sky pool, neon lights and stays for less than Dh500
Mama Shelter Dubai has opened as the city’s newest hotel. The skyscraper property in Business Bay, initially slated to open in 2021, has finally opened its doors to guests. It’s the first property in …
Dubai real estate: High yields and strong growth attract investors in 2024
Bayut’s report reveals significant price increases across various segments, driven by high demand and strong ROI. Dubai real estate: High yields and strong growth attract investors in 2024. affordable …
Revealed: Dubai areas with fastest rent increases, highest return on investment in 2024
Over the past four years, property prices and rents have soared across all segments, driven by growing population and investors seeking high returns …
UAE real estate: Property market transactions hit $243bn in 2024
The UAE’s real estate sector recorded transactions worth AED893 billion in 2024, with 331,300 transactions across Abu Dhabi, Dubai, Sharjah, and Ajman. Mortgage transactions reached AED229.3 billion …
Dubai plans new rental index for commercial properties
Similar to residential properties, commercial property owners will also be prompted to upgrade their assets to apply for an increase in rents …
My Dubai Rent: Family escapes hustle and bustle of city life in Dh220,000 villa
My Dubai Rent takes you inside a reader’s home to have a look at what they get for their money, how much they pay in rent and asks them what they like and don’t like When Rishav Raj first moved to …
Dubai’s Burj Khalifa charges Rs 70061 per sq ft in annual rent; here’s how much it costs to rent a 1-bedroom flat in world’s tallest building
The Burj Khalifa was inaugurated in 2010, and has since sold Dh8.8 billion in residential units, the highest for a single building in Dubai city.
UAE Property: ‘I am concerned about recovering deposit from landlord after lease expires’
Question: My tenancy contract is due to expire at the end of March and I have notified the landlord of my intention to move out at that time. My concern is whether I will recover my security deposit …
Rental index in Dubai expands to commercial properties
Majid Al Marri, CEO of real estate registration and services at Dubai Land Department, told AGBI at the launch of the residential rental index that the commercial component is exp …
Deyaar’s First Abu Dhabi Project Sells Out
Deyaar Development PJSC, a leading property developer in the UAE, has announced the complete sell-out of RIVAGE—its latest and first residential project in Abu Dhabi.
A Comprehensive Guide to Renting Property in the UAE
The UAE offers a vibrant real estate market attracting residents and expatriates with rental properties from luxurious apartments in urban centers to spacious villas in serene suburbs Renting property …
Al Raha Beach Hotel rebrands as Al Raha Beach Resort & Spa
Al Raha Beach Resort & Spa, a beachfront destination in Abu Dhabi, unveiled its new identity at an exclusive gala dinner, announced by General Manager Kamal Zayati, in front of distinguished guests, …