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Tag: property

Posted on 24/06/2022

Real estate transactions in Dubai climb to $462.8 million on Wednesday as property demand soars

Dubai witnessed the completion of 486 sales transactions worth AED 1.31 billion, in addition to 93 mortgage deals worth AED 360.57 million, and 10 gift deals amounting to AED 30.74 million Real estate …
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Posted on 23/06/2022

Dubai’s real estate transactions climb to $462.8 million on Wednesday as property demand soars

Dubai witnessed the completion of 486 sales transactions worth AED 1.31 billion, in addition to 93 mortgage deals worth AED 360.57 million, and 10 gift deals amounting to AED 30.74 million Dubai’s …
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Posted on 23/06/2022

UAE property: ‘What is the maximum amount a landlord can raise rent?’

My landlord notified me of a 13 per cent annual rent increase 90 days before the expiry of the contract. However, the Real Estate Regulatory Agency’s rent calculator stipulates a rent increase of 5 …
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Posted on 22/06/2022

Alpago announces completion of ultra-luxury Palm Jumeirah property

Unveiling the ultra-luxury property, Alpago said its vision was to always set new global benchmarks within the ultra-high-end real estate segment and Riva Del Lusso was at the pinnacle of this …
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Posted on 22/06/2022

Aldar launches new apartments in Saadiyat Island with views of the sea and iconic Abu Dhabi landmarks

Construction of the AED 10 billion Saadiyat Grove destination began earlier in 2022, with handovers expected to begin in Q2 2025 Aldar launches new apartments in Saadiyat Island with views of the sea …
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Posted on 22/06/2022

‘Billionaires’ Row’ on Dubai’s Palm Jumeirah welcomes Alpago Properties’ first signature villa

The exclusive strip of properties on Palm Jumeirah’s Frond G is currently home to 13 signature villas. Alpago Properties has started developing six of them. ‘Billionaires’ Row’ on Dubai’s Palm …
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Posted on 21/06/2022

Completed homes vs off-plan properties: UAE real estate market marks major shift in demand

Ready apartment buildings with larger spaces and a strong community offering are performing well in 2022 as the stock of ready villas deplete Completed homes vs off-plan properties: UAE real estate …
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Posted on 19/06/2022

My Dubai Rent: tenant pays cheapest rent in 17 years in this Dh25,000 flat

My Dubai Rent takes you inside a reader’s home to have a look at what they pay each month, see who they live with and ask what they like and don’t like Ananda Shakespeare tried living in serviced …
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Posted on 19/06/2022

DEYAAR LAUNCHES“TRIA”, ITS FIRST LUXURY TOWER IN DUBAI SILICON OASIS

Tria offers the latest eco-living solutions, smart-home automation and resort-style amenities including infinity pool and a rooftop garden …
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Posted on 17/06/2022

Dubai records real estate transactions worth $1.8 billion in a single week as property sales skyrocket

Dubai recorded real estate and property transactions worth $1.8 billion (AED 6.7 billion) in total during the week ending Friday, 17 June, according to data released by the Dubai Land Department (DLD) …
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Posted on 17/06/2022

Dubai Records Decade-high Property Sales in May

Dubai recorded May 2022 6,652 property sales transactions worth AED18.4 billion, the highest volume of transactions for the month of May in the past decade, recent data from Mo’asher, Dubai’s official …
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Posted on 16/06/2022

UAE property: ‘Can I demand a rent reduction for lack of building facilities?’

I rent an apartment in a new building, which is owned by a bank. My rent contract states that the building will have a gym. However, it has been more than six months since I moved in and the gym has …
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Posted on 15/06/2022

Dubai property prices: where they are rising and falling — May 2022

Property prices in Dubai continued to rise in May, with transaction volumes also growing as the emirate’s real estate market makes a strong rebound from the coronavirus-induced slowdown. Average …
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Posted on 15/06/2022

Abu Dhabi’s Aldar eyes stake in Egyptian developer – report

The Egyptian government owns a 15 percent stake in Medinet Nasr. A consortium comprising Aldar Properties and Abu Dhabi’s ADQ last year acquired a majority stake in another Egypti …
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Posted on 14/06/2022

UAE: New scheme for non-resident Keralites to settle land disputes announced

Non-resident Keralites facing land disputes back home will have a forum in the UAE to settle their issues, a minister in the Kerala cabinet has said. The South Indian state’s Revenue Minister K Rajan …
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Posted on 14/06/2022

Are Dubai properties near the Etihad Rail line set for a price boost?

With the Dubai Metro covering part of the city, the emirate is also gearing up for passenger trains with the development of Etihad Rail. A launch date for the railway’s passenger line between Dubai …
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Posted on 14/06/2022

UAE: Expats merging properties to get Golden Visa in Dubai

In April 2022, the UAE visa residency system announced that real estate investors could obtain Golden Visa when purchasing a property worth no less than Dh2 million. This has encouraged residents in …
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