Stock markets in the Gulf rose in early trade on Wednesday, with Abu Dhabi on track to extend gains for a fourth session.
( read original story …)
Abu Dhabi Government and Aldar Properties partner up for capital projects
The Abu Dhabi Executive Council has approved a framework betwee Government and Aldar Properties for the development of capital projects in the emirate. The decision follows the recommendation of the …
( read original story …)
Dubai property sales on an upswing, despite Covid woes
Dubai has been registering an uptick in property sales transactions in the last six months.Secondary, ready villas, and townhouses are in high demand as per Dubai Land Department. But it is not just …
( read original story …)
Time to buy? Dubai property sales on an upswing, despite Covid-19 woes
Dubai has been registering an uptick in property sales transactions in the last six months. Secondary, ready villas, and townhouses are in high demand as per Dubai Land Department. But it is not just …
( read original story …)
Fewer Dubai real estate project launches expected in 2021 as developers rethink plans
Property sales prices and rents in Dubai are set to remain under downward pressure during 2021 with apartment districts expected to face further headwinds, according to new research. Consultants Core …
( read original story …)
Dubai tops LEED GCC rankings
Not only is Dubai home to a high concentration of LEED-compliant commercial properties, but also features 804 LEED-certified homes. This means that the emirate actually has a combined area of more …
( read original story …)
Reportage Properties working on 10 major projects in UAE
Reportage Properties said work is currently under way on 10 key projects which will add about 4,000 new housing units into the UAE real estate market. Of these, six are in Abu Dhabi and rest in Dubai.
( read original story …)
Anantara Eastern Mangroves Abu Dhabi Hotel appoints new executive sous chef
Anantara Eastern Mangroves Abu Dhabi Hotel has appointed Federico Sanna to the role … and will now work alongside executive chef Idin Asmitha in leading the culinary team at his new property. Sanna …
( read original story …)
Reportage launches offer exempting buyers from the down payment
Reportage Properties, the UAE leading developer has launched a special offer that provides buyers with the opportunity to purchase residential units in all of its projects in Abu Dhabi and Dubai, …
( read original story …)
New Executive Sous Chef at Anantara Eastern Mangroves Abu Dhabi
Anantara Eastern Mangroves Abu Dhabi Hotel has appointed a new Executive Sous Chef, who joins the property’s culinary team under Executive Chef Idin Asmitha. With more than 15 years of experience in …
( read original story …)
Khalifa University Signs a Co-funded Research Agreement with Aldar Properties and Sandooq Al Watan to Make Reusable Contact Lenses for Color Blindness
Khalifa University of Science and Technology on this date signed a research agreement, which will be co-funded by Aldar properties and Sandooq Al Watan, to develop economical, reusable and disposable …
( read original story …)
How changing needs are driving luxury property demand
One of the most significant differences was an increased demand for ready properties, as opposed to off-plan. According to Property Monitor, in 2019, 43.7 percent of Dubai Land Department transactions …
( read original story …)
The major hotel openings in the UAE this year
With 2020 finally over, many hoteliers are looking to this year as the start of recovery. Just a few weeks into January, we’ve already seem some highly important hotels open in the UAE, and we know …
( read original story …)
Tabreed unit to enhance energy efficiency across ADCP buildings
Tabreed Energy Services will deliver energy efficiency services for selected buildings owned or managed by ADCP …
( read original story …)
Dubai Saw Drop in Sales Prices in 2020
Average sale prices in the city, which have been sinking for half a decade, dropped 8% year over year. But despite last year’s dip, Dubai sale prices are still 20% above where they stood in 2010-11, …
( read original story …)
IHC’s unit acquires 60% of Afkar Financial and Property Investment
Abu Dhabi – IHC Industrial Holding, a wholly-owned subsidiary of International Holdings Company (IHC), has completed the acquisition of 60% of the share capital of Afkar Financial and Property …
( read original story …)
UAE property market to decline further as oversupply hits close to 1mln units
Property buying in the UAE may have picked up in recent months, but the market is set to experience further declines this year due to an oversupply of residential units, which reached nearly 1 million …
( read original story …)