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Tag: property

Posted on 11/08/2020

Dubai property transactions reach February level

Property transaction levels in Dubai in June hit what was previously recorded in February, setting a foundation for recovery of the local …
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Posted on 11/08/2020

UAE stocks post $4.08bln in market cap gains

ABU DHABI – UAE financial markets on Monday posted combined gains … which sent its share up to AED1.42. Aldar Properties rose to AED1.75 and ADQ to AED35. In DFM, Emaar picked up to AED2.67, Emaar …
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Posted on 11/08/2020

Abu Dhabi Real Estate Holistic Property Management

A brief on the holistic property management solutions in the Abu Dhabi real estate sector, and the way it affects property investment.
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Posted on 10/08/2020

RAK Properties reports 15% jump in second-quarter profit on higher revenue

RAK Properties reported a 15 per cent jump in second-quarter net profit after its revenue more than doubled on the back of higher property sales. Net profit for the three months through to June 30 …
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Posted on 09/08/2020

Rediscover Abu Dhabi: 5 of the best hotels for a staycation

The Rediscover Abu Dhabi initiative aims to give residents a chance to reacquaint themselves with the emirate as it slowly reopens, through special deals across dining, entertainm …
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Posted on 09/08/2020

Dubai Land Department launches ‘Green List’ project on ‘Dubai REST’

The project is a new addition to a range of comprehensive services provided by “Dubai REST”, a smart real estate application by the DLD. To benefit from the new service and the existing ones provided …
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Posted on 08/08/2020

Spain’s runaway former king Juan Carlos lands in Abu Dhabi to stay in seven-star bolthole amid corruption scandal

SPAIN’S runaway former king has been pictured getting off a private jet before heading to a £10,000 presidential suite in one of the world’s most luxurious hotels. It’s reported 82-year-old …
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Posted on 08/08/2020

IPL in UAE: Teams prefer beachfront hotels as quarantine of players start

The Standard Operating Procedure (SOP) for all the stakeholders of IPL, issued to the franchises a few days back, calls for water tight restrictions on the players and with this in mind – four of the …
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Posted on 08/08/2020

Dubai offers new service linking property owners with brokers

Green List project is aimed at facilitating contact and reducing complaints about unwanted communication The Dubai Land Department introduced a new service that links real estate owners with brokers …
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Posted on 08/08/2020

Dubai cuts downs on ‘cold calls’ in property sales

Towers in Business Bay, along the Dubai Canal. Dubai Land Department has launched its ‘Green List’ initiative aimed at cutting out all unwanted communications between property owners and brokers.
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Posted on 08/08/2020

Adnoc Considers Stake Sale in $5 Billion of Properties

Abu Dhabi National Oil Co. is exploring the possibility of selling a stake in its real estate portfolio, the latest effort by the state-owned energy producer to raise funds and attract foreign …
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Posted on 07/08/2020

Dubai’s homeowner rights can be strengthened further

Latest JOP Law closes many gaps, but some updates would come in real handy for buyers Dubai’s recently passed JOP (jointly owned property) Law repealed an earlier one from 2007 and featured some …
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Posted on 07/08/2020

UAE stocks gain $2.23bn on upbeat DFM, ADX markets

UAE financial markets on Thursday posted combined gains of AED8.2 billion ($2.23 billion) in market cap driven by upbeat sentiments following the H1’s positive financial results announced by some of …
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Posted on 05/08/2020

Abu Dhabi building licences rise 20% in first half of 2020 despite Covid-19 pandemic

The number of new building licences in Abu Dhabi surged 20 per cent in the first half of this year, as developers in the emirate continue to press on with their projects despite the coronavirus …
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Posted on 05/08/2020

A new McGettigan’s branch to open at Dusit Thani Abu Dhabi

The new branch of the popular Irish chain will replace D’Capital Steak House, and join other popular restaurants within the property like Namak by Kunal … general manager of Dusit Thani Abu Dhabi. A …
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Posted on 05/08/2020

Beirut blast: Lebanese expats in the UAE are a devastated lot

Residents mourn the loss of loved ones, property and businesses back home Dubai: Lebanese expatriates in the UAE are devastated after a blast rocked Beirut on Tuesday, leaving a trail of …
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Posted on 04/08/2020

Well-maintained properties in Dubai’s older neighbourhoods hold price value

Homes in areas, such as Karama, Bur Dubai, Oud Metha are spacious, while the communities offer a vibrant lifestyle and convenient commuting options. Niral Sunil Jhaveri, head of property …
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