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 …
Citi Developers sells 70% of maiden Dubai project
Citi Developers maiden project in Dubai, the Dh300 million, Aveline Residences, to be developed in the heart of Jumeirah Village Circle, has already seen 70 per cent of its apartments booked. “JVC is …
Abu Dhabi’s Aldar Properties to deploy $1.4bln in office and hospitality assets
Abu Dhabi’s biggest developer, Aldar Properties PJSC, will deploy a further 5 billion dirhams ($1.4 billion) to develop a range of income-generating assets within key destinations in Abu Dhabi.
Abu Dhabi property market: From Al Reef to Saadiyat Islands – 5 areas to track
While there was an increase in sales prices in several areas of Abu Dhabi, this trend was particularly noticeable in upscale neighbourhoods …
UAE property market not affected by regional geopolitical issues, says expert
Group chief investment officer at Emirates NBD Group speaks to Khaleej Times about long-term outlook in the country …
Can high rents push more Dubai residents to turn end-user property buyers?
A lot of Dubai property market’s upcoming demand hinges on where rents are headed Rental rates in Dubai have been passing through some exceptional highs. Can a flood of new offplan developments in the …
Cost of buying, selling $2mln property cheaper in Dubai than London, Mumbai, Paris
Dubai’s prime residential property market grew at the fastest pace among all the global cities in 2023 and will continue its strong run in 2024, outperforming almost all the major cities yet again.
Cost of buying, selling $2million property cheaper in Dubai than London, Mumbai, Paris among other cities
Dubai’s prime residential property market grew at the fastest pace among all the global cities in 2023 and will continue its strong run in 2024, outperforming almost all the major cities yet again.
The Lana, Dorchester Collection opens in Dubai
Developed by OMNIYAT, The Lana is the tenth property in the Dorchester Collection portfolio … to transforming the area into the ultimate luxury enclave in the heart of Dubai and is a representation …
Dubai records widening gap between renewal and new lease rents
Dubai is seeing a two-tiered rental market, with a widening gap between new contracts and lease renewals, a report has shown.Many tenants are opting to stay put because rental increases during …
UAE real estate: Six property market predictions for 2024
Interest rates in the US, and therefore in the UAE, are expected to fall this year as a trend of disinflation continues to be observed. However, expectations that interest rates will fall during H1 …
Red Sea Attacks Force Firms to Test New Land Routes Via UAE, Saudi
An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle …
Taiwanese actress Zhang Ting refutes rumors of spending $27M on Dubai villas
Actress Zhang Ting issued a statement through her lawyer denying rumors that she and her husband, actor Lin Ruiyang, acquired six houses in Dubai for US$27 million.
Dubai: Residents of Gardens community ‘heartbroken’ after receiving eviction notices
Developer Nakheel has served tenants notice of their refurbishment plans, but expats who built their whole lives around the place for decades are struggling with …
Abu Dhabi real estate transactions hit $1.36bln in January 2024
The real estate sector in Abu Dhabi is on an upward trajectory, supported by incentives and quality real estate projects launched by the department, in addition to various projects initiated by real e …