Rohit Gokul remembers what Dubai looked like before all the skyscrapers, the six-star hotels and the Burj Khalifa — the world’s tallest building — appeared.“Twenty-five years ago the tallest tower in …
( read original story …)
Why Is Dubai Property Market Booming in 2021?
So, it’s another record month for Allsopp and Allsopp this February and I’ve learned it’s a record month for some of the major developers in Dubai too. Let me just put that into context – a record …
( read original story …)
How villas led the Dubai property price rebound in February
New ValuStrat research shows all villa freehold locations in Dubai registered monthly price increases in February …
( read original story …)
New UAE Citizenship Law a Milestone for the Gulf
On January 30, the ruler of Dubai and Prime Minister of the United Arab Emirates (UAE) Sheikh Mohammed bin Rashed Al Maktoum announced a decision that will provide a select group of foreigners with a …
( read original story …)
Ithra Dubai: “We believe our projects will impact many sectors of Dubai’s economy”
Ithra Dubai discusses their objectives for 2021, what the UAE’s vaccination campaign means for the real estate market and updates on One Za’abeel and Deira Enrichment Project …
( read original story …)
Options of UAE Businesses as per DIFC Bankruptcy Law
The main domestic regulations governing insolvency and restructuring matters in UAEs leading financial hub, Dubai International Financial Center (DIFC), comprise the DIFC Insolvency Law. It is …
( read original story …)
MIDEAST STOCKS-Property shares buoy Dubai as major Gulf markets rise
Major stock markets in the Gulf rose in early trade on Wednesday, with the Dubai index leading the gains, boosted by its property shares following a buy out announcement. On Tuesday, Emaar Properties …
( read original story …)
Hilton Abu Dhabi Yas Island Opens To The Public
The Hilton Abu Dhabi Yas Island opened its doors on Yas Bay’s Waterfront, on the island’s southern end. Situated on this waterfront mixed-use development, the Hilton property is near the island’s …
( read original story …)
Dubai real estate to ‘bottom out’ in 2022 after tough year due to COVID-19: Report
Property market in Dubai may “bottom out next year after weathering a tough 2020, according to S&P Global Ratings.“We already had a supply and demand …
( read original story …)
Dubai’s property market slump will continue for 12 to 24 months: S&P
Key sectors in Dubai, particularly real estate… will likely remain under pressure for the next 12 to 24 months,” S&P said in a report released on Monday. “The residential …
( read original story …)
Dubai cat cafe hopes rescues will find purr-fect new homes
The Ailuromania Cat Cafe, which was the Middle East’s first cat cafe when it opened in 2015, hopes the relaxing properties of its 25 rescue and shelter cats will help find them their forever homes.
( read original story …)
UAE: Majority of residents expect rents to stabilise or go up in 12 months
The findings are a sharp turnaround from October last year, when only 31 per cent of those surveyed expected rents to stablise or rise.
( read original story …)
Buhari Appointees Linked To N146Billion Dubai Properties
At least three top officials who served in the current administration of President Muhammadu Buhari have been listed among owners of properties worth N146 billion in Dubai, the United Arab Emirates. D …
( read original story …)
Dubai property market tops Dhs4 billion in realty deals
The real estate and properties transactions valued at Dhs4.31 billion in total during the week. The sum of transactions was 1,445. 145 plots were sold for Dhs527.53 million, 877 apartments and villas …
( read original story …)
Dubai South Properties launch The Pulse Villas, 50% sold out
Located within Dubai South’s Residential District, the villas have a built-up area ranging from 1,894-2,720 square feet.
( read original story …)
Dubai South Properties launches The Pulse Villas
The launch follows the successful selling out of townhouses at the development as well as the surge in demand for villas in the area, which is evident by the fact that 50% of the villas are already bo …
( read original story …)
Dubai Land Department completes 1.4 million digital services in 2020
Registration and renewal of Ejari contracts topped the list of digital services last year Dubai Land Department (DLD) completed over 1.4 million digital services for its customers during 2020 through …
( read original story …)