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Tag: property

Posted on 19/04/2021

Gain signs 11 partnerships to reduce service charges for property owners

Private community concierge app, Gain, has announced key partnerships with 11 home and business service providers in order to address the UAE property market challenges of rising service charges for …
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Posted on 19/04/2021

Dubai’s residential capital values down 11% in Q1

The residential capital values in Dubai for the first three months of 2021 registered a 11 per cent drop compared to the previous year, standing at 61.9 points, according to leading UAE-based local …
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Posted on 18/04/2021

UAE top choice of global property investors

DUBAI: The UAE’s real estate market is currently experiencing renewed vigor and momentum, which can be attributed to peaked rental and capital appreciation across some of the high-end properties …
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Posted on 17/04/2021

Dubai sees first quarterly property price rises for seven years

ValuStrat Price Index shows average quarterly improvement of 0.8% as Q1 sees accelerated positive trends for the first time since 2014 …
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Posted on 16/04/2021

Shrinking population to continue to put pressure on UAE property prices

Knight Frank says pre-coronavirus pandemic population levels in the UAE are not expected to return until late 2022 at the earliest …
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Posted on 15/04/2021

Inside the ‘£200m’ UK property empire of Dubai ruler Sheikh Mohammed who kidnapped his own daughter from Britain

WHEN you’re among the richest royalty in the world, sometimes a single multimillion-pound mansion just won’t do. That seems to be the case for Sheikh Mohammed bin Rashid Al Maktoum, …
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Posted on 15/04/2021

Residential property values in top UAE markets down in 2020

With population levels in UAE’s top real estate markets, Abu Dhabi and Dubai, estimated to have declined by roughly 5% in 2020, growing levels of supply and existing vacancy levels, there has been a …
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Posted on 15/04/2021

Bloom’s 181-unit residential development in Abu Dhabi sold out in 6 hours

Aldhay is designed to become an exclusive residential community in one of the most prestigious areas in Abu Dhabi city …
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Posted on 15/04/2021

Dubai property investors hold back assets’ sale as prices increase

As the property prices recover in Dubai, investors are holding back the sale of their assets to bargain for a better price, as an element of greed has set in, according to analysts. They said signs of …
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Posted on 15/04/2021

UAE sees strong demand for villas, townhouses as prices drop

With work from home becoming a central aspect of post-pandemic life, the UAE is witnessing a strong demand for good quality villas and townhouses mainly driven by end-users capitalizing on favorable …
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Posted on 14/04/2021

Developer Bloom says new Abu Dhabi project sells out in six hours

Abu Dhabi-based real estate development company, Bloom Properties, on Wednesday announced that the first phase of its Aldhay project has sold out within six hours of release onto the market. The …
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Posted on 14/04/2021

Revealed: the huge British property empire of Sheikh Mohammed

Holdings of more than 40,000 hectares in London, Scotland and Newmarket make Dubai ruler one of UK’s biggest landowners …
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Posted on 14/04/2021

Real estate outlook: Dubai’s property values will continue to face pressure in 2021

Dubai’s residential property market, which has recently seen a surge in demand from investors and first-time buyers, is expected to continue to face pressure this year, according to a new analysis.
( read original story …)


Posted on 13/04/2021

Barceló Hotel Group announces Ramadan offers across UAE properties

Barceló Hotel Group (BHG) is offering guests the opportunity to spend some much-needed quality time with family and friends this holy month of Ramadan with Barceló properties throughout the UAE.
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Posted on 13/04/2021

The UAE’s residency visa reforms drive Indians to buy residential properties in Dubai

Property consultants said they’re seeing a shift in demand from compact residences to those that have extra space as the work-from-home culture looks like it will last Dubai is seeing a rush of …
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Posted on 13/04/2021

neo capital announces $73m JV purchase of property in US

Dubai-based neo capital, a leading asset management company … The latest acquisition, secured in partnership with Monday Properties for $73 million, provides investors in the UAE and Gulf region …
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Posted on 13/04/2021

No let-up in recovery of Dubai’s real estate market during Ramadan, say experts

While S&P Global Ratings analyst Sapna Jagtiani previously told Bloomberg that she expected the property market in Dubai to ‘bottom out’ next year, after weathering a tough 2020. Taimur Khan, …
( read original story …)


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