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Tag: property

Posted on 18/05/2023

UAE property: ‘What are the legal requirements to evict a tenant?’

PK, Dubai Answer: The first thing to note is that if your landlord wants to regain possession of his property, the correct way to inform you would be a written notification via notary public or …

Posted on 17/05/2023

Adventure Awaits in Abu Dhabi: Tour in Pictures a Local’s List of Experiences

Did you know Abu Dhabi means the Land of the Gazelle in Arabic … whether you stay in a four-star resort or one of the many American hotel brands’ properties in the destination, there is a stay for …

Posted on 17/05/2023

Abu Dhabi’s Aldar Investment Properties mandates banks for inaugural green Islamic bond -document

Abu Dhabi’s Aldar Investment Properties plans to issue its first green dollar-denominated Islamic bonds, market conditions allowing, a document showed on Tuesday. A unit of Aldar Properties, Abu Dhabi …

Posted on 16/05/2023

Abu Dhabi Civil Defence Authority launches Field Survey Initiative

Abu Dhabi Civil Defence Authority has launched the Field Survey Initiative to ensure the application of safety measures in buildings and facilities, enhancing protection of life and property in the …

Posted on 16/05/2023

UAE real estate: New ‘affordable’ residences to launch in Ajman

The new residences are positioned as an ideal investment for those looking to capitalise on the growth of the emirate UAE real estate: New ‘affordable’ residences to launch in Ajman Ajman, Real Estate …

Posted on 16/05/2023

UAE: Q Properties in record sale of Reem Hills apartments

Located in the heart of the capital and the only gated community on Al Reem Island, Phase 2 features two new buildings with 300 residential units and consists of spacious one-, two- and three-bedroom …

Posted on 16/05/2023

Dubai’s most expensive penthouse sold at $33.2mn

The Bulgari penthouse in Dubai occupies an entire floor and showcases the brand’s ‘contemporary and timeless’ design style. Dubai’s most expensive penthouse sold at $33.2mn. Bulgari, Bulgari Resort …

Posted on 15/05/2023

Luxury penthouse in Dubai sells for $33m as prime market booms

A four-bedroom luxury penthouse in Bulgari Resort and Residences in Dubai has sold for Dh122 million ($33.2 million) as the emirate’s prime market continues to boom.At more than Dh10,000 per square …

Posted on 15/05/2023

Dubai: Most expensive ready penthouse sold for Dh122 million

A four-bedroom penthouse in Bulgari Resort and Residences has been sold for a whopping Dh122 million, becoming the most expensive ready penthouse sold in the emirate.

Posted on 15/05/2023

Dubai real estate: Bulgari penthouse sells for record $33.2mn

The stunning property, which boasts 12,113 square feet of living space, has become the most expensive ready penthouse ever sold in Dubai Dubai real estate: Bulgari penthouse sells for record $33.2mn …

Posted on 15/05/2023

Q Properties’ phase 2 of its new Reem Hills luxury apartments sells out in just six hours

Two major selling points of the apartments were a 2 years’ service charge waiver and the fact that this new residential offering is currently the largest on the Abu Dhabi market in a highly desirable …

Posted on 15/05/2023

ValuStrat issue Q1 2023 Dubai and Abu Dhabi real estate market reports

Dubai witnessed record sales across all asset classes, with residential market strength broadening to the affordable segment and high rental growth for villas & apartments …

Posted on 15/05/2023

UAE, GCC: Opening up of Saudi property market for expats to give a fillip to hospitality, tourism projects as well

Competition in the Gulf property sector is set to heat up, with the region’s largest economy, Saudi Arabia, gearing up to open its property market for foreign investors, including its religious cities …

Posted on 15/05/2023

Dubai’s Emaar Development sees slight profit fall to $288mln

Dubai-based developer Emaar Development has announced a marginally reduced profit in the first quarter of 2023 as revenue fell.

Posted on 13/05/2023

Dubai property prices and rents: Where they rose and fell in April 2023

Property prices in Dubai increased by an average of 14.5 per cent annually in April as sales of residential units continued to rise, driven by the off-plan market. Average apartment prices rose by 14.

Posted on 12/05/2023

UAE property: ‘Can an eviction notice be served before a lease expires?’

Question: My landlord recently served me with an eviction notice. The reason for the eviction is that the landlord wants to sell the property pursuant to Article 25.2 (d) of Law 26 (2007) Amendment 33 …

Posted on 12/05/2023

Dubai conglomerate Al Habtoor launches one of the world’s ‘largest’ residential towers

Dubai conglomerate Al Habtoor Group has launched what it claims to be one of the world’s largest residential towers in Dubai.The 81-floor Habtoor Tower will have a built-up area of about 327,000 …

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