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Tag: property

Posted on 21/08/2022

Abu Dhabi changes decade-old law: Know all about new fines and regulations

Find out why changes to the decade-old Abu Dhabi regulation matters to you Abu Dhabi: Abu Dhabi recently rolled out a slew of updates to a decade-old law that aims to safeguard the appearance of the …

Posted on 21/08/2022

Abu Dhabi’s public order law: All you need to know about the updates

In effect, it should also encourage residents to ensure that they take better care of public spaces and property in Abu Dhabi. The law is implemented in the emirate by municipal sector regulator …

Posted on 20/08/2022

Abu Dhabi’s Waha Capital H1-2022 numbers show greater adaptability to global volatility

Image Credit: Supplied The Abu Dhabi investment management firm Waha … Currently, 95 per cent of the portfolio’s properties are leased. Despite the increased volatility in global capital markets …

Posted on 19/08/2022

Dubai property demand is not done with growth in this market cycle

In the second-half of 2022, the property market in Dubai is still moving along as briskly as it has been since late 2020, with no sign of slowing down. If anything, the city’s real estate sector is …

Posted on 19/08/2022

Abu Dhabi fund wants to sell its Miami hotel for $580m plus

Dubai: Abu Dhabi Investment Authority is seeking to more than double its money on a Miami Beach hotel. The sovereign wealth fund is exploring options including a sale of the Miami Beach Edition hotel, …

Posted on 19/08/2022

Abu Dhabi Seeks Buyer for Miami Hotel at Record Price for Market

Abu Dhabi Investment Authority is seeking to more than double its money on a Miami Beach hotel. The sovereign wealth fund is exploring options including a sale of the Miami Beach Edition hotel, in …

Posted on 18/08/2022

All-inclusive Rixos Marina Abu Dhabi to open this year

Located at Abu Dhabi Breakwater and housed in a giant pink-arched skyscraper that towers over the island, the new Rixos hotel will welcome guests from October. The hotel’s all-inclusive concept will …

Posted on 18/08/2022

Damac unveils luxury Skylofts Collection in Dubai

Damac Properties has launched a range of penthouses and luxury units at three of its most upscale developments in Dubai. Its Skylofts Collection is in the developer’s properties, Safa One de Grisogono …

Posted on 18/08/2022

Apollo acquires $ 400 million strategic equity stake in Aldar Investment Properties

Apollo (NYSE: APO), through its managed investment vehicles, has acquired an 11.1% minority stake in Aldar Investment Properties (“AIP”), a subsidiary o …

Posted on 18/08/2022

Apollo acquires $400m equity stake in Aldar Investment Properties

The acquisition is part of the previously announced $1.4bn investment by Apollo into Aldar’s transformational growth initiatives …

Posted on 18/08/2022

The UAE Golden Visa driving foreign investment in Dubai

The latest visa reforms have gained the attention of foreign investors, Indians in particular, who have shown keen interest in making Dubai their primary destination.

Posted on 18/08/2022

UAE property: ‘Can my new landlord increase the rent before the current lease ends?’

However, the new owner now wants me to renew the contract for six months only and at a higher rent, according to the Real Estate Regulatory Authority’s (Rera) rent calculator. Can the new owner use …

Posted on 17/08/2022

Dubai: Dh47 billion worth of residential property sold in second quarter of 2022

Dubai’s prime residential property market witnessed stable growth in the second quarter, thanks to major investment from Northern European investors. According to the latest report released by …

Posted on 17/08/2022

New York-based Apollo acquires stake in Aldar Investment Properties in $400 million deal

New York based Apollo Global Management has acquired an 11.1 percent stake in Aldar Investment Properties (AIP), a subsidiary of the Abu Dhabi real estate major, for $400 million. The acquisition …

Posted on 17/08/2022

Apollo Takes Minority Stake in Aldar Properties Real Estate Platform

Apollo, through its managed investment vehicles, has taken an 11.1% stake in Aldar Investment Properties (AIP), the developer’s real estate investment platform, in a transaction valued at $400 million …

Posted on 17/08/2022

Dubai tenants should retain full contact info of their landlords at all times

Most tenants don’t realize that renting properties that fall under a professional property management company makes their life much easier during the term of the rental agreemen …

Posted on 17/08/2022

Dubai tenants should retain all contact info of their landlords at all points

Most tenants don’t realize that renting properties that fall under a professional property management company makes their life much easier during the term of the rental agreemen …

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