Property companies will come out stronger after Covid-19 as Dubai’s real estate market will see a sharp economic bounce back …
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Emir of Abu Dhabi fights for £32m ‘siphoned’ from London property empire
The Abu Dhabi royal family has accused its former property managers in London of siphoning tens of millions of pounds in fraudulent payments.A High Court case has been brought by Berkeley Square …
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Abu Dhabi’s freehold market steady prior to Covid, says report
The property prices in Abu Dhabi’s freehold investment zones such as Al Reem Island and Al Reef remained steady during the first three months compared to Q4 2019 and continued to attract the attention …
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Imkan awards Dh236 million contract for AlJurf development
As well as its residential development, Imkan has also partnered with leading European health and wellness provider SHA Wellness Clinic, which will see the development of the SHA …
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Coronavirus: Abu Dhabi’s Yas Mall and Jimi Mall to open Saturday
Following an update to the Department of Economic Development Abu Dhabi directive on shopping malls and commercial centres and a subsequent inspection, Aldar Properties has announced the re-opening of …
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UAE combats coronavirus: Abu Dhabi’s Yas Mall, Al Jimi Mall to reopen tomorrow
Yas Mall and Al Jimi Mall will be the first malls to reopen in Abu Dhabi from Saturday. Aldar Properties said both malls under its retail portfolio have fulfilled all precautionary requirements set by …
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Coronavirus: Abu Dhabi’s Yas Mall and Jimi Mall to open tomorrow
Following an update to the Department of Economic Development Abu Dhabi directive on shopping malls and commercial centres and a subsequent inspection, Aldar Properties has announced the re-opening of …
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Abu Dhabi property prices and rent have dropped in 2020
Abu Dhabi’s real estate market has seen marginal declines in both sales prices and rent in the past few months. According to real estate service company Asteco, rental prices for apartments and villas …
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Dubai’s real estate market defies Covid-19 odds
However, analysts believe that this pace may not be sustainable in coming months as developers could go slow on their projects due to the Covid-19 uncertainty and a one-year delay in Expo 2020 Dubai.
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UAE real estate returns to new normal as key trends emerge
… sector is starting to return to a new normal as new trends emerge during and post Covid-19 lockdown with rental leads for villas in Dubai registering a 11% growth compared to last year, according …
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Dubai sees rise in searches for villas with pools, gardens
A new study from the UAE’s Property Finder and Mortgage Finder shows an increase in leads and sessions on their sites, along with an increase in searching for houses along with searches for “pool” and …
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20,000 staff of Abu Dhabi malls tested for Covid-19
All staff members must secure a certificate of negative results before they resume work and prior to the stores’ reopening.
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Opinion: What Dubai’s real estate market really needs
But Covid-19 has changed the real estate industry with a sudden, merciless force; one that can only be compared to a dormant volcano’s unforeseen eruption. It’s brought with it an economic uncertainty …
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Combating coronavirus: 20,000 staff of Abu Dhabi malls tested for Covid-19
All staff members must secure a certificate of negative results before they resume work and prior to the stores’ reopening.
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Ellington Properties introduces 3-year rental guarantee of 8% annually for new owners during Ramadan
Introduced to demonstrate confidence that the market fundamentals are strong and will bounce back after the current Covid-19 situation …
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Property portal Bayut’s parent company secures $150m investment
Emerging Markets Property Group (EMPG), the parent company of Dubai’s property portal Bayut, secured $150m (Dh550m) in new investment in a deal that values the company at $1 billion. The investment …
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Mideast Stocks: Banks aid Saudi index as FAB weighs on Abu Dhabi
Saudi Arabian stocks edged up on Tuesday, bolstered by banking, while weak earnings by top lender First Abu Dhabi Bank (FAB) weighed on Abu Dhabi. Saudi Arabia’s benchmark index added 0.2% amid choppy …
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