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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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