Palm Jumeirah and Jumeirah Islands tied for the highest annual growth of villa prices, up 43% since last July, followed by Dubai Hills Estates, at 38%. All three have seen prices double since 2020, …
Abu Dhabi residential rental market is ‘buzzing’ as demand outweighs supply
High demand for home rentals in Abu Dhabi has left house-hunters struggling to find suitable and affordable accommodation, property experts have told The National.The emirate recorded a significant …
Demand for luxury home maintenance surging in Dubai, says Hitches & Glitches
Dubai-based home maintenance specialist appointed to manage & maintain luxury multimillion-dollar property on ’Billionaires Row’ …
Partial deduction announced: Buy a home in Abu Dhabi with a purchase loan
UAE nationals can avail loans for support on a range of housing needs in Abu Dhabi. Some Emiratis are also eligible to apply for a partial loan deduction o..
UAE: Some Banks Offer Extra 10% Financing For Off-Plan Properties
Dubai: How can buyer ensure that seller moves out on agreed date?
Question: I am planning to purchase a property in Dubai directly from the owner, who has promised to vacate the unit by the end of the year. If we agree on a move-out date, what happens if he decides …
Abu Dhabi’s ADQ buys stake in Patrick Drahi’s Sotheby’s
Abu Dhabi-based sovereign wealth fund ADQ is to take a stake in Sotheby’s as part of a $1bn capital injection alongside existing owner Patrick Drahi as the auction house seeks to cut debt and fund …
Emaar recorded impressive growth of 56% in group property sales in H1 2024 reaching AED 31.5 billion (US$ 8.6 billion)
Emaar’s property sales backlog reaches AED 90.1 billion (US$ 24.5 billion), set to further boost future revenue Net profit before tax grew by 33% to AED 7.8 billion (US$ 2.1 billion) in H1 2024 …
Dubai to Transform Expo City into UAE’s First 15-Minute City
The Expo City in Dubai will soon be transformed into UAE’s first-ever 15-minute city, according to the authorities. Read More: Popular Neighbourhood in Dubai Bans E-Scooters and E-Bikes The site will …
The Rise of Smart Homes in UAE Luxury Real Estate
The market in this segment has gone through a dynamic change especially in the last few years in Dubai. Technological advancement has significantly shifted the meaning of luxury and living and it’s …
Emaar Properties Reports Strong Profit Growth Amid Rising Sales
Dubai Emaar Properties and its development arm, Emaar Development, have announced significant gains in net profit for the first half of the year, buoyed by a robust increase in property sales. The …
Dubai’s Branded Residences: A key sector in luxury real estate
Since the introduction of Armani Residences in Burj Khalifa in 2010, Dubai has cemented its position as a global leader in the branded real estate sector. ..
Dubai’s Branded Residences: A key sector in luxury real estate
Since the introduction of Armani Residences in Burj Khalifa in 2010, Dubai has cemented its position as a global leader in the branded real estate sector. ..
Dubai’s Emaar Properties, Emaar Development see H1 net profit rise as property sales surge
Dubai-based Emaar Properties PJSC posted an H1 2024 net profit attributable to shareholders of 5.34 billion dirhams ($1.45 billion), up 8% compared year-on-year (YoY) on rising retail sales amid …
Dubai Real Estate Sets The Pace For Luxury Living And Tourism
Second, Dubai residents and investors can avoid ordinary real estate taxes on capital gains, rental revenue, property taxes, and income taxes. These various factors attract investors, tourists, and …
Dubai residential real estate sales hit $62bn in H1 as apartments and villas surge in popularity
The Dubai real estate sector saw 77,233 transactions in the residential property sales segment in the first half of this year, according to Engel & Völkers Middle East. The premium property experts …
Dubai sees new peak in property sales to reach $13.5bn in July: Report
The Dubai real estate sector set a new peak in property sales, reaching $13.5 billion (AED 49.6 billion) in July 2024, posting a jump of 31.63 percent over the same year-ago period, an industry report …