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Tag: property

Posted on 25/05/2021

Aldar Launches ‘Noya Luma’ On Yas Island Following Rapid Sale Of First Two Phases

Following the success of the first two phases of its Noya development, Aldar Properties (‘Aldar’) has announced the launch of 189 standalone villas at N …
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Posted on 25/05/2021

Ellington Properties Wins Luxury Lifestyle Award 2021 For ‘Best Luxury Real Estate Developer In Dubai’

Ellington Properties, Dubai’s design-led property developer, has won the ‘Best Luxury Real Estate Developer in Dubai’ award at the prestigious Luxury Li …
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Posted on 24/05/2021

Dubai records Dhs92b worth of realty transactions

Dubai property sector is on a solid growth track and marching ahead despite the COVID-19 challenges. The City of Wonders has registered 25,455 real estate transactions worth Dhs92 billion from January …
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Posted on 24/05/2021

Dubai rental rates for villas surge in Q1

Rental rates for villas in Abu Dhabi and Dubai remained strong in the first quarter, driven by a surge in demand within well-developed mature and emerging villa communities.The rental market in Dubai …
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Posted on 24/05/2021

US removes UAE from intellectual property protection watch list

The United Arab Emirates has welcomed the Office of the United States Trade Representative (USTR) decision to remove the country from the US intellectual property protection (IPP) Watch List. In its …
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Posted on 24/05/2021

Dubai’s Ramadan property sales hits new high in 2021

Ramadan in 2015 came closest with 3,870 property sales transactions and since then the number of transactions for this festive period has averaged around 2,500 every year. Ramadan 2020, being in the …
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Posted on 23/05/2021

UAE removed from US intellectual property watchlist

The US has removed the United Arab Emirates from its intellectual property watchlist after the Gulf country took steps to combat the trade of counterfeit …
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Posted on 23/05/2021

Revealed: 10 most expensive properties sold in Dubai in 2021

Led by Palm Jumeirah, prime residential property in Dubai is attracting strong interests from investors during the first quarter (Q1) of 2021. According to an analysis by Luxhabitat Sotheby based on …
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Posted on 23/05/2021

Dubai shares gain most in Gulf as real estate rallies

Dubai: The Dubai Financial Market General Index rose as much as 1.3%, up for a fifth day in its longest winning streak since March. The sub-index tracking Dubai-based real estate shares climbed as …
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Posted on 23/05/2021

US removes UAE from US intellectual property protection watch list

UAE’s removal from the list is the culmination of constructive cooperation Abu Dhabi: The United Arab Emirates has welcomed the Office of the United States Trade Representative (USTR) decision to …
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Posted on 23/05/2021

Dubai law: Can I ask my landlord to repaint rented flat every year?

Question: I reside in a two-bedroom apartment in Dubai. As per prevailing laws, who is responsible for apartment maintenance in Dubai? For instance, can I ask my real estate company to repaint my …
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Posted on 22/05/2021

Dubai’s off-the-plan property market remains hot

Despite a depressed secondary real estate market in Dubai, off-the-plan properties continue to sell like hot cakes.
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Posted on 21/05/2021

Value of luxury Dubai property deals jumps by 25% in Q1

Luxhabitat Sotherby’s boss sees ‘massive shift of wealth’ that has triggered an exponential increase in real estate transactions …
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Posted on 20/05/2021

Now You Can Buy Property in Dubai with Dogecoin!

A Dubai developer announced on Wednesday it plans to begin accepting Dogecoin as a payment option for its latest project launch, despite recent turbulen …
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Posted on 20/05/2021

Corporate foreign ownership law amendment to boost UAE economy

The 100 percent foreign ownership law is expected to provide a massive boost for commercial space demand in Dubai and Abu Dhabi and business confidence, supporting post-Covid economic recovery …
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Posted on 19/05/2021

Office markets in Dubai, Abu Dhabi ‘remain tenant friendly’

The prime office markets in the UAE remained tenant favourable in the first quarter with the average rents across Dubai seen at just over AED200 per sq ft, thus hitting their lowest level since Q3 …
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Posted on 18/05/2021

Morgan Stanley Sees Dubai Property Rally Lasting for Years

The rally in Dubai’s residential property prices isn’t stopping anytime soon, according to Morgan Stanley. “Robust demand, peaking supply growth and long lead times for new projects could lead to a …
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