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Tag: property

Posted on 05/02/2022

Average Dubai property prices predicted to rise by 5-10% in 2022

The Timeshare Law, which regulates the timeshare industry, aims to protect the rights of all parties and stimulate further growth across the hospitality, tourism and real estate sectors Average Dubai …
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Posted on 04/02/2022

Dubai South records achievements in 2021, attracts over 700 companies

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, and thanks to the project’s …
( read original story …)


Posted on 04/02/2022

Majid Al Futtaim partners with Emirates Post to launch digital initiative in UAE

Marking a new milestone in the digital transformation of the UAE property sector, the initiative is designed to significantly enhance the customer experience across Majid Al Futtaim Communities. Upon …
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Posted on 04/02/2022

Abu Dhabi Property of the Week: Dh9.99m Saadiyat Island villa with putting green

It is on the market for Dh9.99 million with Henry Wiltshire. This is very much a property for a family that likes to spend time outside. And there is an extra appeal for golf fans. Abu Dhabi can be …
( read original story …)


Posted on 04/02/2022

Asteco appoints new UAE head of sales and leasing

DUBAI — Asteco has appointed Brett Whalley as its new head for sales and leasing for the UAE. Whalley has been actively involved in the New Zealand property sector since 1990 with extensive experience …
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Posted on 04/02/2022

Dubai Properties unveils leadership programme

DUBAI — Dubai Properties recently launched the High Potential Leadership Development Programme, incorporating 14 of its future leaders. The programme is part of the company’s strategy to invest in its …
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Posted on 04/02/2022

Property Management Professionals to be in Demand this Year

DUBAI — Demand for property management professionals within the regional real estate sector will rise in 2009, according to Macdonald & Company. In a Press statement issued on Wednesday, the company …
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Posted on 04/02/2022

Emaar offers waterfront properties at Dubai Marina

DUBAI — Emaar Properties is offering a collection of waterfront homes located in Marina Promenade, Marina Quays and Park Island residential projects at Dubai Marina at its central sales centre located …
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Posted on 04/02/2022

Mayfair Launches $50m Distressed Property Fund

DUBAI — Cayman Islands-based wealth management company Mayfair Wealth Management, has launched a $50m Shariah-compliant distressed property fund that seeks to acquire cheap properties in the UAE’s …
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Posted on 04/02/2022

Abu Dhabi prime properties sustain rates

Prime developments in Abu Dhabi sustained rates while old properties witnessed rise in vacancy levels in the third quarter, according to property management company Asteco. Tenants living in Abu Dhabi …
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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 …
( read original story …)


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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