Impact Update – MEED Insights” report has been added to ResearchAndMarkets.com’s offering. It has been a difficult 12 months for the United Arab Emirates Projects, market. Previously viewed as a …
( read original story …)
Abu Dhabi property market ‘showing signs of stability’
General view of Abu Dhabi, United Arab Emirates, January 3, 2019. Image used for illustrative purpose. With mobility restrictions eased within the emirate, Abu Dhabi’s property market has shown signs …
( read original story …)
Dubai homeowner increased value of property with effective landscaping
Based on research, the value of a property is enhanced by approximately 8-10 per cent … villa The outdoor lifestyle we enjoy is one of the major benefits of living in Dubai, and well landscaped …
( read original story …)
Ellington partners with UAE artist for Downtown Dubai masterpiece
Ellington Properties, a leading design-led property developer based in the UAE, said it has commissioned Dubai-based artist Neel Shukla to create a bespoke masterpiece for its award-winning …
( read original story …)
UAE: How you can find a cheap place to rent in Dubai
Looking for a cheap place to rent? Whether you are working on a tighter budget or just wish to save more prudently, finding the right place to rent can go a long way in staying in control of your …
( read original story …)
Dubai leads major Gulf markets lower in early trade
Stock markets in the United Arab Emirates fell early on Sunday, with Dubai hardest hit by losses in property shares, while the Saudi index was on track to extend losses for a third session.
( read original story …)
DAMAC Properties’ AYKON City gets boost as Tower B structure completed
Thanks to UAE government’s decisive measures to combat Covid-19 the real estate industry has witnessed sustained construction activity Dubai, UAE:: DAMAC Properties has announced that the structure of …
( read original story …)
Building back: Is Dubai’s real estate market rising again?
We are starting to see multiple offers for properties in these areas as well. So, how did we get here? Going back to the start of the year, in January and February of 2020, Dubai’s property …
( read original story …)
Dubai property owners involved in service fee cases cannot rent or sell these units
… cases related to non-payment of service charges by homeowners in Dubai are being registered with the Rental Disputes Centre under the Land Department. This means that these property owners will …
( read original story …)
Hotel Indigo® opened 14 properties across the globe in 2020
The latest addition of Hotel Indigo® in Dubai Downtown enriches travellers with inspiring and award-winning designs inspired by local creativity Denham …
( read original story …)
Dubai rents to stay affordable
Data from consultancy Asteco showed that rents fell 13 per cent year-on-year in the third quarter, led by the Dubai Sports City and Business Bay areas. Supply of new properties also stayed strong even …
( read original story …)
Property investing and home buying interest in UAE rising
Despite a clear quarterly rise in property sales during Q3, Dubai’s real estate market is expected to face further challenges in both the rental and sales market, according to the latest Observer: …
( read original story …)
Dubai realty agent sentenced to 5 years in jail for selling fake property at Dh7.7m
The Dubai Court of First Instance ordered the payment of a Dh7.7 million fine by the defendant, followed by deportation. According to official records, the defendant had sold a fake property in …
( read original story …)
Patheon Development: Luxury affordable units lead Dubai’s property market recovery
the Dubai real estate industry has over the last two months, experienced an increase in demand for luxury affordable units. Well-known for providing luxury property solutions at affordable prices, …
( read original story …)
First-time investors make up 70% of Dubai’s property deals in 2020
Dubai: Current property prices in Dubai sure are attracting first-time buyers – there were 10,728 of them who bought homes and other assets in the city during the first nine months of 2020. They made …
( read original story …)
Emaar Eclipsed as Top UAE Developer After $8 Billion Aldar Deal
Although oversupply in Abu Dhabi is less severe than in Dubai, there have been concerns around prospects for growth. Property prices have slid by 30% in Dubai since 2014 amid a slump in oil prices, a …
( read original story …)
Dubai developer Union Properties pays off $19mln of debt
Dubai real estate developer Union Properties (UPP) has paid off AED 70 million ($19 million) of debt from its largest lender as part of a comprehensive debt restructuring programme. In a statement to …
( read original story …)