Abu Dhabi stocks closed lower on Friday, tracking losses in global markets on worries that hefty rate hikes to control surging inflation would push major economies into recession. MSCI’s broadest …
Dubai realty market to end 2022 on strong note
Ata Shobeiry, CEO of Zoom Property, said the real estate growth momentum will continue in the fourth quarter and beyond due to strong demand in the market.
UAE property: ‘Can I claim compensation for a delayed handover?’
I have suffered financially since I already paid 70 per cent of the property price as per the sales and purchase agreement, while the balance of 30 per cent is due on handover. How can I get …
Dubai property market to grow further in Q4, Zoom Property insights
Visa reforms and relaxed policies for investors are contributing to sectoral growth The Dubai property market is heading for a strong end to the year 2022 as it recorded steady and persistent …
Metropolitan Capital Real Estate registers record Q3 2022 sales in Abu Dhabi property market
The Abu Dhabi real estate market has seen phenomenal growth and has become a really attractive opportunity for investors and residents this past year. The summer is usually pretty quiet however this …
UAE property buyers rush to lock in mortgages amid rising rates – JLL
Residential property sales in the UAE continue to build a strong momentum, bolstered by stronger demand and increasing buyer activity. Meanwhile, buyers are turning to mortgage financing as they rush …
UAE: Russians are top property buyers in Dubai; Indians come third
Following the crisis in February, a number of high-net-worth individuals have moved to safer, stable and fast-growing countries around the world …
Dubai property values still have more room to grow
Compare, and investors can find Dubai property prices are still in fair territory The current cycle of super-charged gains in Dubai luxury property category is because demand is far outstripping …
UAE projects market hits $3.7b in Q3; overtakes Saudi as construction sector rebounds
In the UAE, the construction sector once again accounted for the biggest pie of new project awards, representing 59.7 per cent of total projects in Q3-2022 …
Everything you need to know about buying a house in Dubai
With rent prices on the rise, more and more people in Dubai are turning to buying property. But if you don’t know where to begin when it comes to buying a house in Dubai, you’re not alone. What are …
Dubai’s rising villa rentals come with a warning
It’s not just Dubai’s luxury home sales that are on a tear, rental prices are too. The average annual rent for a villa, or family home, in the emirate reached 268,758 dirhams ($73,171) last month …
Abu Dhabi’s Dh10 billion Jubail Island project to be home to thousands of residents
The Dh10-billion development by Jubail Island Investment Company is the latest addition to Abu Dhabi’s real estate landscape located between Saadiyat Island and Yas Island. Jubail Island will have six …
Dubai: New ultra-luxury tower to have 10 private units on 11 floors
A new ultra-luxury property project has been launched on Dubai’s iconic Palm Jumeirah, which will have 10 residential units on 11 floors, with each occupying an entire floor and one mega penthouse …
10 Dubai mega-hotels and luxury properties opening soon
From Atlantis, The Royal to the world’s tallest hotel, here are 10 new hotels in Dubai opening soon. 10 Dubai mega-hotels and luxury properties opening soon. Dubai hotels 2023, dubai hotels opening, …
Dubai’s $73,000 a year villa rentals come with a warning: Report
The average annual rent for a villa, or family home, in the emirate reached 268,758 dirhams ($73,171) last month after prices jumped 26% in the year through September …
Dubai’s residential property market transactions volume jump 33.4% in September, CBRE says
In the 12 months to the end of September, the total volume of transactions reached 62,396, the highest level recorded since 2009, over this same period, CBRE said in its Dubai Res …
UAE property: ‘Can a landlord serve an eviction notice before a lease expires?’
He sent me a notarised eviction notice to vacate the property within 12 months. As stated in your previous columns for The National, the 12 months’ notice to evict a tenant should be served upon …