Ellington Properties, a leading design-led property developer based in the UAE, said it has commissioned Dubai-based artist Neel Shukla to create a bespoke masterpiece for its award-winning …
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UAE: How you can find a cheap place to rent in Dubai
Looking for a cheap place to rent? Whether you are working on a tighter budget or just wish to save more prudently, finding the right place to rent can go a long way in staying in control of your …
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Dubai leads major Gulf markets lower in early trade
Stock markets in the United Arab Emirates fell early on Sunday, with Dubai hardest hit by losses in property shares, while the Saudi index was on track to extend losses for a third session.
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DAMAC Properties’ AYKON City gets boost as Tower B structure completed
Thanks to UAE government’s decisive measures to combat Covid-19 the real estate industry has witnessed sustained construction activity Dubai, UAE:: DAMAC Properties has announced that the structure of …
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Building back: Is Dubai’s real estate market rising again?
We are starting to see multiple offers for properties in these areas as well. So, how did we get here? Going back to the start of the year, in January and February of 2020, Dubai’s property …
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Dubai property owners involved in service fee cases cannot rent or sell these units
… cases related to non-payment of service charges by homeowners in Dubai are being registered with the Rental Disputes Centre under the Land Department. This means that these property owners will …
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Hotel Indigo® opened 14 properties across the globe in 2020
The latest addition of Hotel Indigo® in Dubai Downtown enriches travellers with inspiring and award-winning designs inspired by local creativity Denham …
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Dubai rents to stay affordable
Data from consultancy Asteco showed that rents fell 13 per cent year-on-year in the third quarter, led by the Dubai Sports City and Business Bay areas. Supply of new properties also stayed strong even …
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Property investing and home buying interest in UAE rising
Despite a clear quarterly rise in property sales during Q3, Dubai’s real estate market is expected to face further challenges in both the rental and sales market, according to the latest Observer: …
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Dubai realty agent sentenced to 5 years in jail for selling fake property at Dh7.7m
The Dubai Court of First Instance ordered the payment of a Dh7.7 million fine by the defendant, followed by deportation. According to official records, the defendant had sold a fake property in …
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Patheon Development: Luxury affordable units lead Dubai’s property market recovery
the Dubai real estate industry has over the last two months, experienced an increase in demand for luxury affordable units. Well-known for providing luxury property solutions at affordable prices, …
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First-time investors make up 70% of Dubai’s property deals in 2020
Dubai: Current property prices in Dubai sure are attracting first-time buyers – there were 10,728 of them who bought homes and other assets in the city during the first nine months of 2020. They made …
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Emaar Eclipsed as Top UAE Developer After $8 Billion Aldar Deal
Although oversupply in Abu Dhabi is less severe than in Dubai, there have been concerns around prospects for growth. Property prices have slid by 30% in Dubai since 2014 amid a slump in oil prices, a …
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Dubai developer Union Properties pays off $19mln of debt
Dubai real estate developer Union Properties (UPP) has paid off AED 70 million ($19 million) of debt from its largest lender as part of a comprehensive debt restructuring programme. In a statement to …
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Union Properties pays $19 million towards debt restructuring
Dubai real estate developer Union Properties
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Here’s what Dubai property managers can do to retain tenants
Aditya Shah, Director of Middle East Operations at Yardi, talks about evolving tenant experience Image Credit: Supplied PropTech provider Yardi empowers real estate stakeholders to simplify processes.
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UAE: Real estate decrease slows
The average of residential property cost decrease in Abu Dhabi slowed during the last three months because developers and banks presented incentives to clients.
Even though apartment and villa …
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