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Tag: property

Posted on 03/02/2022

Abu Dhabi goes digital with ‘Investor Journey’ to ease business set up

Abu Dhabi Econnomic Department brings in digital add ons to speed up business launches Abu Dhabi: Abu Dhabi Department of Economic Development he launched Investor Journey to help with the needs …
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Posted on 03/02/2022

Expo 2020 spurs demand for Dubai South units

Master developer Dubai South Properties handed over almost all its units at The Pulse, an urban mixed-use development comprising 1,400 apartments and 240 townhouses. Due to the project’s success, the …
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Posted on 03/02/2022

Dubai rental market skyrockets into landlord’s favour, experts divided on future

Last year saw property prices make their way upwards following a five year slump that was further exacerbated by the pandemic. Dubai rents see biggest rises since 2014 as villa demand continues “Dubai …
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Posted on 03/02/2022

Renovations revealed at legendary hotel Radisson Blu Dubai Deira Creek

Radisson Blu Dubai Deira Creek has been renovated, bringing a fresh new look and feel to the longstanding property. The hotel opened in 1974 as the first five-star hotel in Dubai. The property’s 288 …
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Posted on 02/02/2022

Up to 2 years’ jail, Dhs20,000 fine for embezzling property pledged as debt security

The UAE Public Prosecution (PP) explained on Wednesday, through a video on its social media accounts, the penalties for the embezzlement of moveable property that is pledged as security for debt.
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Posted on 02/02/2022

Abu Dhabi’s Aldar acquires RAK’s Al Hamra Mall for $111.64mln

Abu Dhabi’s leading developer Aldar has acquired Al Hamra Mall in Ras Al Khaimah for AED 410 million ($111.64 million). The company said in a statement that the 27,000 sq.m. mall, which was completed …
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Posted on 02/02/2022

Dubai prime residential property market records 3rd highest growth in 2021

Alongside a return to offices, education and travel will also deliver growth to all major cities.” Dubai property prices still undervalued Swapnil Pillai, Associate Director, Middle East Research said …
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Posted on 02/02/2022

Outlook: Dubai property market likely to face headwinds in 2022 – CBRE

Dubai’s residential property market is likely to face some headwinds this year compared to past 12 months, but villa and apartment sales will remain strong in a post-pandemic world, according to the …
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Posted on 01/02/2022

Nakheel hires builder for sold-out Dubai homes project

Dubai property prices forecast to close in on 2014 peak this year Launched in May, homes in the Murooj Al Furjan community are set among extensive green spaces, walkways and amenities including …
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Posted on 31/01/2022

UAE’s property market stays strong in 2021 despite pandemic

Despite the uncertainty caused by the onset of a number of Covid-19 variants, the UAE’s property market has seen a marked upturn in performance in 2021, according to leading real estate advisory firm …
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Posted on 30/01/2022

Dubai property sector gains pace as realty deals reach Dhs4.9 billion

A total of 1,724 real estate transactions worth Dhs4.9 billion were conducted during the week in Dubai, according to figures released by the Dubai Land Department.
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Posted on 30/01/2022

UAE: FAB Properties collaborates with Ades to enhance power productivity

FAB Properties, a unit of the UAE’s largest lender First Abu Dhabi Bank, is cooperating with Abu Dhabi Energy Services in order to minimize water and …
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Posted on 30/01/2022

FAB Properties teams up with Ades to boost energy efficiency across its portfolio

FAB Properties, a unit of the UAE’s biggest lender First Abu Dhabi Bank, is teaming up with Abu Dhabi Energy Services to reduce water and electricity consumption across its portfolio of properties.
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Posted on 29/01/2022

Dubai home price growth may moderate this year after the surge in 2021

Price gains in Dubai’s residential property could moderate this year amid continued oversupply, after a surge in demand for larger homes helped end a six-year losing streak in 2021.
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Posted on 29/01/2022

Abu Dhabi’s 2021 residential capital values up 11%

Abu Dhabi’s residential capital values rose 11% annually and 2.1% quarterly to 70.2 points, fully recovering from pandemic fallouts, and performing better than 2019 by 1.7%. However, prices are still …
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Posted on 29/01/2022

New Aloft Dubai Creek hotel manager promises to be “sassy and savvy” in role

Zee Bassila joins Aloft Dubai Creek, succeeding Gurnoor Bindra. New Aloft Dubai Creek hotel manager promises to be “sassy and savvy” in role. Aloft Dubai Creek, aloft hotels, dubai hotels, gurnoor …
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Posted on 28/01/2022

New art mural at Sheikha Fatima Park brightens up Abu Dhabi’s cityscape

Yet another mural has been added to Abu Dhabi’s urban art, and this time, it depicts the pet-friendly nature of the capital’s newest park. Created by artist Jack Lee, it The mural was realised through …
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