Take Brazilian soccer star Neymar da Silva Santos Jr., who purchased a US$54.45 million penthouse in Dubai’s Bugatti Residences in November. It was originally priced at US$100 million, Sheridan said.
IHG names cluster GM for InterContinental Abu Dhabi properties
IHG Hotels & Resorts has appointed Sayed Tayoun as the new Cluster General Manager for InterContinental Abu Dhabi and InterContinental Residences Abu Dhabi.
UAE Property: ‘How do I evict overstaying tenant whose lease has expired?’
What are the potential costs involved and what is the quickest and most cost-effective method to regain possession of my property? Can the police assist on this matter? OS, Dubai Answer: To evict a …
Luxury beachfront living expands in Abu Dhabi
Ohana Development, a leading real estate developer renowned for its attainable luxury properties, has announced its partnership with Jacob & Co., the global luxury timepiece and jewellery brand, to …
Abu Dhabi real estate developer Ohana unveils $1.28bn luxury beachfront project with Jacob & Co.
UAE property developer Ohana Development announced an AED 4.7 billion ($1.28 billion) partnership with luxury brand Jacob & Co. to develop a beachfront residential project in Abu Dhabi, marking one of …
Abu Dhabi sells 69% stake in Liverpool shopping centre
Abu Dhabi Investment Authority (Adia), the UAE’s largest sovereign wealth fund, has sold its 69 percent stake in the Liverpool One shopping centre. As part of the deal with the Land Securities – the …
Unlock Space and Simplicity: A Comprehensive Guide to Self Storage in Abu Dhabi
Space management can sometimes become a raging issue in a city like Abu Dhabi, where glamour and modern living standards are coupled with practical performance-intensive work tasks. Self storage in …
Property worth Dhs1m or Dhs240,000 annual income must to obtain UAE residency permits for retirees
Emadeddin Khalil, Staff Reporter The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has identified six steps, conditions …
BURTVILLE Developments’ VILLE 11 in Masdar City reaches 33% completion
Slated for completion and handover by Q3 2027, VILLE 11 spans 57,000 square feet of prime land at the entrance to Masdar City. BURTVILLE Developments’ VILLE 11 in Masdar City reaches 33% completion.
Dubai Races to Meet Soaring Demand for Luxury Villas Amid Real Estate Boom
Dubai is witnessing a surge in demand for upscale real estate as wealthy expatriates flock to the emirate, drawn by its business-friendly environment and tax-free income policies. However, the influx …
Value of real estate transactions in Abu Dhabi exceeds USD20.69 billion in 2024
The figures demonstrate steady investor confidence and a growing demand for properties in Abu Dhabi. Sales were further divided into off-plan and ready property transactions. Off-plan sales dominated …
UAE Homeowners Turn Millionaires Amid Property Boom
Dubai’s real estate market is booming, with nearly 1 in 5 homes now valued at over $1 million. According to global real estate experts Knight Frank, this growth is mainly due to price increases, …
Dubai real estate: Six Senses villa in Palm Jumeirah sold for $35m as branded property boom continues
This summer, Dubai Sotheby’s International Realty set a record for the most expensive villa sold on Jumeirah Bay Island for AED175m ($47.6m) and recently closed the most expensive villa sale in Abu …
Singapore property moguls establish family office in Abu Dhabi
RB Capital/Royal Holdings expands its Middle East footprint with a new family office in Abu Dhabi Global Market (ADGM). Singapore property moguls establish family office in Abu Dhabi. abu dhabi, ADGM, …
Award-Winning UAE Developer completes Super-Prime Mansion in Al Barari
Range Developments have just completed construction on R9 Mansion in Al Barari, to add to their impressive ultra-luxury, super-prime Dubai property portfolio …
UAE real estate: Tranquil Infra Developers launches with investments over $50mn
Blossom76, the latest offering by Tranquil Infra, brings luxury apartments, family-friendly amenities, and strong rental yields to JVC. UAE real estate: Tranquil Infra Developers launches with …
Dubai real estate average rents surge 21% to $24,600 as apartments and off-plan properties dominate $8.3bn November sales
The Dubai real estate market showcased its resilience and adaptability in November 2024, with total sales transaction values reaching AED30.53bn ($8.3bn) across 12,543 transactions, according to …