Contrary to popular belief, the UAE’s economic activity in the real estate industry has been resilient, suggesting that growth prospects for the upcoming year remain positive. Prices are steadily …
Dubai: Luxury properties continue to shine in 2023
Analysts, developers and market specialists said the market for luxury homes in Dubai reigned the segment and is expected to continue to do so in 2023 as well …
Real estate: Dubai’s SmartCrowd highlights 6 key areas to invest in 2023
SmartCrowd, UAE’s first regulated digital real estate investment platform, has highlighted six areas to invest …
UAE drives GCC real estate deals’ surge to $143.1b
Dubai and Abu Dhabi combined contributed to over 48 per cent of the aggregate value transacted, while Saudi added 35.6 per cent to the region’s transactions …
Modon opens new luxury desert resort in Abu Dhabi
Modon Properties, a UAE-based master developer of sustainable communities, has announced the opening of its new desert project, Bab Al Nojoum – Bateen Liwa Resort, located within the heart of its …
UAE property: ‘Can a landlord evict the tenant without serving 12 months’ notice?’
If the tenant wishes to renew the tenancy, the landlord will be forced to serve them with the statutory 12 months’ eviction notice upon expiration of the current lease …
Dubai off-plan property launches reach a record, surpassing $7.6bln in a month
New off-plan development project launches reached a record monthly high in November, adding a further 7,161 units to the market for sale …
Dubai property market set to hit new peak in 2023
Real estate experts expect an increase in property price and rental value amidst rising demand from HNWIs and foreign investors …
Dubai twin tower project worth Dhs550 million sold out on launch day
Dubai is renowned for its towering buildings and architectural wonders, so it comes as no surprise that one of its latest additions was snatched up as soon as it was announced. Dubai-based private …
Dubai: After Shah Rukh Khan, Sanjay Dutt, more Bollywood stars look to buy property in emirate
Playback singer, music director and composer Ankit Tiwari has announced that he is looking to make the city his second home …
Modon opens two new waterfront destinations in Abu Dhabi
Modon Properties, a UAE-based master developer of sustainable communities, has announced the opening of two key integrated waterfront destinations – Mugheirah Bay and Mamsha Al Mugheirah – in Al …
New generation of rich spur boom in Dubai’s luxurious homes market
Demand soars since pandemic, with owners inundated with requests to sell homes with swimming pools and terraces …
Overcrowded Flats and Villas will Pay up to Dh1 Million in Fines
The “Your home, your responsibility” campaign was announced by Abu Dhabi’s Department of Municipalities and Transport (DMT) on Thursday in an effort to reduce residential overcrowding.The authorities …
Dhs1 million fine for overcrowded residential units in Abu Dhabi
As part of the campaign, field inspections in residential areas will begin in the first quarter of 2023. Any person violating the provisions and regulations of Law No. 8 of 2019 concerning the …
Dubai real estate: Prime residential market to see ‘strongest’ growth in 2023
Dubai has been an attractive city for investors and tourists, especially due to its appealing incentives such as low tax rates and long-term visas, among others Dubai real estate: Prime residential …
UAE property: Does the DLD’s rent valuation supersede Rera’s index?
I forwarded the Rera index findings to the landlord and asked him to adjust his rent proposal in line with it. He declined and instead said the rental valuation certificate from the Dubai Land …
UAE realty to grow at 8pc CAGR till 2027: Unique Properties
Ranked one of the top real estate markets in the world, the UK is expected to grow at a Compound Annual Growth Rate (CAGR) of 3% between 2022 and 2027 and the UAE is estimated to grow by 8% during the …