The decision was taken on Saturday in a cabinet meeting Dubai: The UAE Cabinet on Saturday issued a decision compelling residential homeowners to install fire detectors and participate in the …
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Dubai realty stays strong in crisis
Dubai property sector is on recovery track and will remain the region’s best destination for real estate investments after COVID-19 pandemic, said Talal Moafaq Al Gaddah, CEO of MAG Development.
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UAE-KSA conference discusses property market challenges
Dubai Real Estate Institute (DREI), in Dubai Land Department (DLD), concluded the virtual ‘UAE-KSA Real Estate – post-COVID-19’ conference that was organised in cooperation with the Smart Decision Tra …
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Israel’s ‘undercover attache’ in Dubai
Oh, yes”, says Simon Eder, casually, “we had a donation of a sefer Torah from a sheikh who owned one of the big Dubai property companies. He wanted to have his name on the cover of the Torah, so I …
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What residents need to keep in mind when buying home insurance in the UAE
Many UAE residents still overlook the need for home insurance when buying or renting property in any emirate, but matter experts caution that not having home insurance is a bigger-than-usual risk …
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5-year renewable visa plan for UAE retirees has property market primed for action
Dubai Tourism and the General Directorate for Residency and Foreigners Affairs announced on September 2nd a 5-year visa for residents and non-residents who qualify for retirement in the Emirate. All …
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Abu Dhabi developer Manazel slips to Dh98.8m loss in first-half 2020
Manazel is the developer of the Al Reef Community in Abu Dhabi. It has an extensive property portfolio, but had to take impairment charges in the first-half of 2020. Image Credit: Gulf News Archive …
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Robust real estate: Dubai’s ready home sales surpass 2019 transactions
More investors piled into the Dubai property market in recent weeks, with sales of completed homes last August surpassing those of last year’s, the latest figures showed. Transactions involving …
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Dubai property sale transactions continue to grow as market becomes more affordable
Sale transactions in Dubai’s property market are witnessing a V-shaped recovery with ready homes taking the lead, thanks to increasingly affordable secondary market house prices, says a new report …
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Video: Apollo’s Zelter on Abu Dhabi property deal with Adnoc
President Jim Zelter discusses the private equity giant’s decision to invest $2.7 billion in Abu Dhabi’s property market along with a group of pension and insurance funds, in one of the largest real …
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Attractive Dubai prices spur virtual property transactions
Clients are buying properties from overseas virtually without even seeing the property physically or signing contracts in person.
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Apollo leads investment in Abu Dhabi National Oil Co real estate portfolio
The investment will leverage the rental income streams from various Abu Dhabi National Oil Co real estate assets under a 24-year master lease agreement.
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Apollo-Led Group Invests $2.7 Billion in UAE Oil Firm’s Property
A consortium led by Apollo Global Management Inc. agreed to invest billions of dollars in the real estate of Abu Dhabi’s oil company, in what will be one of the Middle East’s largest property deals.
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Abu Dhabi’s ADNOC, Apollo-led consortium enter into $5.5bn investment partnership
The transaction will result in upfront proceeds of $2.7bn to ADNOC and is expected to close before end of 2020, subject to closing conditions and regulatory approvals.
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Dubai’s property values are getting selective spikes
Instances of panic selling have subsided and that definitely eases pressure on values Smart investors who got into the Dubai property market during or around the lockdown have struck great deals for …
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Abu Dhabi creates ‘Safe Zone’ framework for events and tourists
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) is celebrating the successful delivery of UFC Fight Island, establishing the Emirate of | eTurboNews | Trends | Travel News | United A …
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DON’T PUBLISH: Dubai rents: When they have fallen, how much
Property professionals say new supply of residential units may push rental values down …
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