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Tag: property

Posted on 29/04/2022

Dubai property sets record for price per square foot

An apartment at the Bulgari Resort and Residences in Dubai has set a new record for the highest price per square foot in the city. The three-bedroom property on Jumeirah Bay Island sold for Dh40 …
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Posted on 29/04/2022

$1.8bln in weeklong real estate transactions in Dubai

DUBAI- The Dubai real estate and properties transactions valued at 6.6 billion in total during the week ending 29 April 2022. The sum of transactions was 2,259. 197 plots were sold for AED 1.15 …
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Posted on 29/04/2022

Driven Properties sells highest recorded price of $3,439 per sqft at Bulgari Residences

Kianoush Darban, Associate Partner at Driven Properties. Similarly, Lina Allaoa, the second broken behind the deal, said: “It comes as a true testament how far Dubai has come. All initiatives made by …
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Posted on 29/04/2022

Ask the Law: Can buyer seek termination of property purchase contract upon losing job?

Worker with a year or more in service, is entitled to end-of-service benefits in UAE Question: A year ago, I purchased a property from a developer through bank financing. However, a month ago …
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Posted on 29/04/2022

Gem in the Desert: A Look Inside Dubai’s $1.4 Billion Hotel Residential Property

After 14 years of construction, Dubai’s Atlantis The Royal Resort & Residences will open in November 2022 featuring over 90 pools and 18 restaurants.
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Posted on 28/04/2022

Conrad Abu Dhabi Etihad Towers gets five-star rating from Forbes Travel Guide

Conrad Abu Dhabi Etihad Towers celebrated in the 2022 Star Awards. Conrad Abu Dhabi Etihad Towers gets five-star rating from Forbes Travel Guide. abu dhabi, conrad, Conrad Abu Dhabi, Conrad Abu Dhabi …
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Posted on 28/04/2022

Abu Dhabi Islamic Bank to set up asset management firm

The Shariah-compliant lender is also continuing to look at organic and inorganic growth opportunities for its banking business.
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Posted on 28/04/2022

UAE property: ‘Can my tenant demand an extension on his eviction?’

The tenant is now ignoring our calls. How do we ensure he leaves the property on May 2? Do we get the police involved or does the Real Estate Regulatory Agency (Rera) do the eviction? FN, Dubai I …
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Posted on 28/04/2022

Record-Breaking Bulgari Resort Sale Signals Strong Year For Dubai’s Luxury Property Market

Located in the renowned Bulgari Resort and Residences development, the three-bedroom unit sold for AED 40 million (roughly US $10.9 million).
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Posted on 27/04/2022

Abu Dhabi’s Aldar reports 27 percent net profit growth in Q1 2022 following Egyptian acquisition

Property developer’s first-quarter group sales stood at $598.9m, driven by continued momentum in the capital’s real estate market Abu Dhabi’s Aldar reports 27 percent net profit growth in Q1 2022 …
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Posted on 27/04/2022

UAE’s Aldar Properties Q1 net profit up 26% at $187mln

UAE’s Aldar Properties on Wednesday reported a 26 percent jump in its Q1 2022 net profit (y-o-y) to 688 million dirhams ($187 million) amid strong demand for property. The effort missed analysts’ mean …
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Posted on 27/04/2022

Aldar Properties first-quarter profit jumps 23% on record sales

Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 23 per cent jump in its first-quarter profit, as revenue climbed on the back of record property sales amid continued recovery of the …
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Posted on 27/04/2022

Aldar Reports 27% Increase in Q1 Net Profit and Record Q1 Group Sales Amid Capital Deployment and Expansion

Aldar not only delivered a strong financial performance, but we also diversified our sources of funding and scaled up our ope …
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Posted on 27/04/2022

Video: Places in Dubai where apartments and villas offer the best return on investment

What are the most attractive property options based on projected rental yields in Dubai for apartments and villas in the budget and luxury segments? Video: Places in Dubai where apartments and villas …
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Posted on 27/04/2022

Dubai real estate retains its appeal with record transactions in Q1

Dubai real estate retained its appeal as the investors and residents continued to pour money in the emirate to buy a villa or apartment as reflected in the latest official data released on Tuesday.
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Posted on 27/04/2022

Off-plan real estate gaining popularity in Dubai

Dubai, UAE // KISS PR Brand Story PressWire // Experts say that the reason for the popularity of real estate in the UAE was the right decisions of the government, which led to the development of the …
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Posted on 27/04/2022

Dubai apartment, villa prices surge in first quarter due to huge demands

The Dubai property market has started the year 2022 on a high note, with the first quarter producing record-breaking numbers as the total transactions reached 19,009 by the end of March, concluding …
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