Some of the biggest developers in Dubai are starting to offer more flexibility if buyers miss out on their next installments on handed over properties. This means that if payments are missed, the …
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Staycation guests help Dubai hotels close August on a high
Hotels in Dubai and the UAE have scored a hit by pushing hard on staycation promotions, first during the Eid holidays and over the last two weeks of August. Occupancy levels at many of these …
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Developers offer relief for Dubai property owners missing payment installments
Some of the biggest developers in Dubai are starting to offer more flexibility if buyers miss out on their next installments on handed over properties. This means that if payments are missed, the …
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UAE construction rethinks capital spending plans
Covid-19’s impact on consumer spending demand and government finances may lead to greater challenges for the UAE construction sector in 2021 …
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ENBD REIT’s net asset value drops $15mln due to COVID-19, property slowdown
Dubai real estate investment trust ENBD REIT has seen its net asset value (NAV) decline by $15 million in three months due to the property market slowdown and the coronavirus pandemic. Managed by the …
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Millennial OFWs come home amid pandemic, enjoy property investments
While most of the older overseas Filipino workers (OFWs) are coming home amid the COVID-19 pandemic due to job loss with nary enough savings to start over, many millennials are getting cozy with real …
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Dubai and Abu Dhabi developers offer incentives in bid to drive property sales
Real estate developers are offering discounts, fee waivers and other deals as transaction volumes remain soft due to oversupply concerns amid the coronavirus-induced economic slowdown. Dubai South …
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Dubai retail giant sees consumer confidence rebound post lockdown
Steven Cleaver, director, shopping malls, Al Futtaim Group Real Estate says footfall is increasing in Dubai Festival City Mall …
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Four men steal Dh167,000 worth of face masks and nuts in Dubai, jailed
The group of four men who stole Dh167,000 worth of face masks and nuts will be jailed for six months, a Dubai court ruled on Tuesday. The Asian men, between 23 and 41 years old, used a chainsaw to …
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Lootah sees increase of Dubai residents shifting from renters to homeowners
Dubai: Lootah Real Estate Development (Lootah) – one of the region’s most prominent real estate developers – said there has been an increasing number of Dubai residents shifting from renters to …
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DSS fun, staycation deals to continue for more days in Dubai
Resident families, couples and friends, as well as visitors can pick from a great selection of hotel offers at some of Dubai’s celebrated resorts and destination properties. Dubai Festivals and Retail …
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Wasl Properties extends online Summer Deals campaign
Wasl Properties has announced the extension of its Summer Deals campaign that saw the developer leasing homes in its Dubai portfolio in an online process. Wasl Properties had initially launched its …
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Wasl leases 126 Dubai housing units in 6 hours
Dubai-based wasl properties has announced the leasing of 126 residential units from its residential portfolio across Dubai in six hours as part of its Summer Deals campaign that was launched on August …
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Dubai’s wasl properties rents out 126 homes in 6 hours
wasl properties expects to lease another 200 units after extending its ‘Summer Deals’ campaign. Apart from 5-10 per cent discount on rents, tenants who sign up can also pay off rents via up to 12 …
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Wildlife, Luxury & Adventure, This Island Near Abu Dhabi Is The Perfect Mix of It All and We Are in Love
Sir Bani Yas Island is just a two-and-a-half-hour drive and a 15-minute ferry ride away from Abu Dhabi, making it the perfect getaway for families, couples or even solo travellers looking to get out …
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Dubai real estate sales surge as dollar weakens, says expert
There is a renewed surge in Dubai property sales, particularly from overseas investors, mainly from the UK and European Union who are benefiting from the weak performance of the US dollar over the …
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Ain Dubai observation wheel receives first capsule
Ain Dubai observation wheel has installed its first capsule, it was announced on August 23. Remaining 47 capsules are scheduled for gradual placement to create what is slated to be the world’s tallest …
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