The refund of Dh200 million constitutes 20% of rental value of commercial properties UAE bank: Abu Dhabi resident asks, ‘Where are my remaining loyalty reward points?’ Abu Dhabi: Around 8,000 tourism, …
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RAK Properties’ profit jumps threefold on the back of higher operating income
RAK Properties reported a more than threefold increase in net profit for the first quarter on the back of higher net operating income and lower finance costs. Net profit for the three months ending …
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All you need to know about Yas Island ahead of UFC 251 in Abu Dhabi
In the deepest darkest recesses of the coronavirus lockdown, ‘Fight Island’ seemed like a compelling pipe dream. But the grand contingency plan is becoming a reality.
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Construction, project deliveries in full swing despite COVID-19
The UAE’s property sector is in fine fettle and is marching ahead despite the COVID-19 challenges. The country’s real estate investors and developers have lauded the UAE government’s smart initiatives …
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Abu Dhabi encourages tourism, entertainment and F&B outlets to stay in business with rent rebates
Some 8,000 businesses with collective rent valued at Dh1bn qualify for 20 per cent rent relief amid Covid-19 crisis …
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Accor unveils staycation, dining offers at UAE hotels
Accor, a world-leading augmented hospitality group, has announced half-price staycation and dining offers at more than 50 hotels and resorts across the UAE, exclusive to members of its new lifestyle …
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RAK Properties’ profit jumps three-fold on the back of higher operating income
RAK Properties reported a more than three-fold increase in net profit for the first quarter on the back of higher net operating income and lower finance costs despite a drop in revenue. Net profit for …
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Etihad, Aldar Properties ink major partnership deal
UAE’s Etihad Airways and Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, have entered into a historic partnership that brings benefits to Etihad …
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Etihad Airways and Aldar retail sign major partnership agreement
Iconic Abu Dhabi brands sign major agreement allowing Etihad Guest members to earn and spend miles with their Visa cards while shopping at Yas Mall, Al Jimi Mall and World Trade Center …
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Restaurants, tourism firms in Abu Dhabi can apply for 20% rent refund
“In line with the economic initiatives packages launched by the Abu Dhabi government to support the private sector during the current Covid-19 impacts, the Abu Dhabi Department of …
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Combating coronavirus: Restaurants, tourism firms in Abu Dhabi can apply for 20% rent refund
“In line with the economic initiatives packages launched by the Abu Dhabi government to support the private sector during the current Covid-19 impacts, the Abu Dhabi Department of Economic Development …
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Summer staycation deals in Dubai, Abu Dhabi and Ras Al Khaimah: from late check-out to hotel credit
Many hotels in the Emirates are offering packages for residents with discounts, dining deals and more For many in the UAE, the summer season is synonymous with travelling. Of course, things are a tad …
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Mideast Stocks: Property stocks weigh on Dubai; Saudi up on banks
Dubai’s stock market was on course to snap six sessions of gains on Tuesday, pressured by losses in real estate shares, while the Saudi index gained on the back of a rally in banks. Dubai’s main share …
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Lootah outlines top 5 post-Covid UAE real estate trends
Providing an analysis on the real estate sector as the UAE adjusts to the new normal, Dubai-based Lootah Real Estate Development outlined the top 5 trends that will shape up the local property market …
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Dubai’s residential properties value down 11.5pc in May
Residential Capital Values for Dubai stood at 70.6 points declining at a continued accelerated monthly rate of 1.9%. The weighted average residential capital value per sq ft in Dubai in May fell below …
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Dubai’s monthly house price index increases 1.36%: DLD
The results were announced as part of the second edition launch of ‘Mo’asher’ – Dubai’s official sales price index – produced by DLD, in partnership with Property Finder. The current index displays …
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DLD partners with Property Finder: launches second edition of Mo’asher
In April 2020, we saw 1,808 transactions recorded, despite being on full lockdown in April Dubai Land Department successfully managed to continue transacting properties digitally Dubai – Dubai Land …
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