The current year is on track to be the busiest year for the residential sector in Dubai on the back of record half-yearly transactions of 57,700 uni …
Dubai property transactions up 44pc in H1, says report
Dubai Marina (14%) and Downtown Dubai (11%) were among the other high-growth markets. Other emerging locations such as Al Furjan (9%), Arjan (6%), Sports City (8%), and Town Square (5%) have also …
UAE Property: ‘Can my landlord raise the rent with 15 days’ notice?’
Question: I currently rent a villa in Dubai. The property manager is a large real estate company. In 2021 and 2022, there was no rent increase. This year, they are asking for a 20 per cent rent …
Dubai property transactions up 44% in H1, says report
The bulk of the off-plan transactions were observed for apartments, whilst villa and townhouses were preferred in the ready category …
Abu Dhabi: Demolition firms need to ensure secure work environment
The campaign, which continued for five consecutive days, stems from the municipality’s determination to implement the best practices in demolition …
Danube Properties Launch Dh800 Million Elitz 3 Project In Jumeirah Village Circle, Offering The Best Value For Home Buyers
‘Barbie’ Set for Release in Saudia Arabia and UAE After Worries of Middle East Ban
The Margot Robbie/Ryan Gosling-starring blockbuster will begin its Gulf Region rollout this week The post ‘Barbie’ Set for Release in Saudia Arabia and UAE After Worries of Middle East Ban appeared …
RAK Properties triples H1 profit in 2023
RAK Properties has recorded solid growth for the first half of the year with a 164% jump in its revenue, hitting $140mn, primarily propelled by robust demand for new project launc …
Top investment and personal apartment areas in Dubai and Abu Dhabi
Simultaneously, the existing/ready market in Abu Dhabi registered 735 properties compared to 612 in Q2 2022, representing around 28.6% of the total transactions compared to 39.3% in Q2 2022; …
Higher rents, cheaper properties: Here’s why tenants in UAE are increasingly becoming owners
Dubai’s property market has witnessed unprecedented demand, driven by both residents as well as foreigners. Though, foreigners are said to be dominating the sales, residents are increasingly turning …
Dubai Luxury Real Estate Listings for Week of August 4
This home in Dubai, includes a number of distinctive features that will please the most discerning buyer. It has 10,671 square feet of living area, according to a listing from MHD Wael Rahmoun. A …
Revealed: Inside The Oasis, Emaar’s $20bn luxury waterfront project in Dubai
Emaar’s upcoming real estate project in Dubai boasts of 7,000 residential units starting at AED8.5 million Revealed: Inside The Oasis, Emaar’s $20bn luxury waterfront project in Dubai Armani Hotel, …
Infinity Group doubles property management portfolio to over $2bn through competitor acquisition
Infinity Strata Management continues to deliver high-quality services to its clients Infinity Group doubles property management portfolio to over $2bn through competitor acquisition Dubai propert …
Abu Dhabi could have its own production studio complex by 2025
To be christened twofour54 studios, the ambitious initiative will take film production to the next level in the capital. Image/video: Instagram Salient features of the development include an area of …
UAE Property: ‘Can my lease be terminated if I partition the unit?’
Question: We rented a one-bedroom flat on July 10. We saw a lot of partitions in other flats, so we decided to build the same in our apartment. Before we started, the building watchman asked us for …
Dubai Property Expo, a Grand Success in Chandigarh
PNN Chandigarh [India] August 3 The highly anticipated Dubai Property Expo organised by Census Consultant in association with Danube Properties Dubai concluded on a successful event on 29th 30th July …
Dubai’s Deyaar Q2 net profit surges on new handovers
Dubai-based property developer Deyaar reported a 90% surge in its Q2-2023 net profit as its revenue more than doubled on the back of a boom in the emirate’s property market. Net profit for the period …