Hammadi, who had served as chairman of the board of directors of Union Properties, and three other board members were dismissed, lea..
( read original story …)
Property of the week: Dh82 million Cipriani-designed penthouse on Dubai Canal
The National showcases some of the finest homes on offer in its Property of the Week. Here, we take a closer look at the new Mr C Residences project in Dubai. The penthouse apartment at Mr C …
( read original story …)
Dubai tenants face difficult rent decisions as property market thrives
As the economy recovers from the onset of the pandemic and Dubai property prices recover, tenants say they face sizeable rises in rent. In some of the most popular areas of the emirate, rent has …
( read original story …)
Dubai: Oversupply in property market is a thing of the past, says Danube founder
Oversupply in Dubai is a thing of the past and developers should not worry about it as demand is strong and there are no new mega project launches that can cause massive oversupply again in the market …
( read original story …)
International investors boosting Dubai property market, say developers at Cityscape
During the first nine months of the year, a total of 43,299 property sales transactions worth Dhs104.3bn were recorded in Dubai …
( read original story …)
Dubai’s Union Properties boss dismissed as board chairman
The chairman of Dubai-based real estate developer Union Properties was dismissed from the company’s board on Tuesday, a day after the firm disclosed that a top prosecutor in the United Arab Emirates …
( read original story …)
Dubai Developer Union Properties’ Chairman Held Amid Probe
Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesWhere Did All the Public Bathrooms Go?COP26 Protests: Inflatable Cows, Megaphones and a RainbowThe Rising Pacific …
( read original story …)
Prosecutor orders detention of Dubai’s Union Properties boss
A top prosecutor in the United Arab Emirates has called for the detention of the chairman of Dubai-based real estate developer Union Properties while an investigation into the company is underway, …
( read original story …)
Cityscape 2021: Danube Properties to invest $272m annually over next five years
Dubai developer Danube Properties plans to launch two to three projects every year for the next five years and will invest as much as Dh1 billion ($272 million) on new developments to bridge supply …
( read original story …)
In fast-changing Dubai, once-isolated village to be razed
From the front porch of their cinderblock home, Garry and Amanda James gaze over Dubai’s soaring skyscrapers and massive malls. It’s a skyline that in their young days had seemed impossibly far off.
( read original story …)
Dubai property market is undervalued, says emirate’s tourism chief
The ‘liveability’ of Dubai is a huge selling point that needs to be leveraged to sustain the recovery of the property sector, according to Issam Kazim, CEO of Dubai Corporation for Tourism and Commerc …
( read original story …)
Dubai Commercial Property Price Index launched by DLD and JLL
The Dubai Land Department (DLD) and Jones Lang Salle (JLL) have launched what is billed as the first-ever ‘Dubai Commercial Property Price Index’ (CPPI). The index follows a memorandum of …
( read original story …)
Dubai commercial property index launched
Dubai Land Department (DLD) and Jones Lang Salle (JLL) launched the first-ever ‘Dubai Commercial Property Price Index’ (CPPI) at Cityscape Global 202 …
( read original story …)
UAE property market to see strong rebound in next 18 months, experts say
There is a “true rebound” in the UAE’s property market, driven by government initiatives with the market momentum expected to sustain for the next 12 to 18 months as more people buy homes, according …
( read original story …)
DLD, JLL launch ‘Commercial Property Price Index’
Dubai Land Department (DLD) and Jones Lang Salle (JLL), a leading global property consultant, have launched the first ‘Dubai Commercial Property Price Index’ (CPPI) at Cityscape Global 2021. The index …
( read original story …)
No investment is too small to invest in Dubai, US, UK and Europe
UAE residents no longer need millions of dirhams to invest in major real estate markets and build a portfolio as they soon will be able to own a property in US, UK and Europe with a small investment, …
( read original story …)
Top Abu Dhabi Developer Is Shopping for Large Property Deals
Most Read from BloombergChina’s Climate Goals Hinge on a $440 Billion Nuclear BuildoutSupply Chain Crisis Risks Taking the Global Economy Down With ItAtlanta’s Crowded Election Pits Former Mayor …
( read original story …)