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Tag: property

Posted on 10/02/2021

UAE’s game-changing laws ‘to fuel property market recovery’

The UAE’s series of game-changing regulatory amendments – from providing Emirati citizenship and golden visas to investors and select expats to allowing 100% ownership of businesses for foreign …
( read original story …)


Posted on 09/02/2021

Dubai properties show ‘early sign of growth’

Property prices in Dubai are showing signs of a slight uptick after falling for months due to the coronavirus pandemic. However, sales transactions have dipped by nearly a third. Apartments and villas …
( read original story …)


Posted on 09/02/2021

INSIGHT-Deserted debts stir disquiet in the mysterious world of Dubai Inc

Dubai’s debts have always been something of a mystery for investors but since the coronavirus pandemic hit its economy, things have got hazier, some say. Over the past 12 months, two firms with links …
( read original story …)


Posted on 09/02/2021

UAE residential communities ‘likely to see stability this year’

UAE’s property market saw prices and rents of residential communities with superior offerings stabilise during Q4 and this year more communities are likely to display stabilisation in capital values …
( read original story …)


Posted on 09/02/2021

Gyproc enters Uptown Dubai with 188-key Sofitel property

The SO/ Uptown Dubai will feature a 188-key five-star luxury hotel and 229 signature SO/branded residences. Working closely with its partners Interiors International and MRFS Interior Decoration under …
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Posted on 07/02/2021

Knight Frank UAE Market Review and Forecast 2021 shows that the UAE’s GDP contracted by 7.7% in 2020

Knight Frank is pleased to announce the release of its UAE Market Review and Forecast 2021. The report provides an overview and outlook of the key real estate sectors including the residential, office …
( read original story …)


Posted on 05/02/2021

Why Dubai property prices are likely to see further declines in 2021

Chestertons says new off-plan sales launches slumped in 2020 with construction starting on just 6,115 residential units compared to 18,650 in 2019 …
( read original story …)


Posted on 05/02/2021

Dh3.3 b worth of Dubai property transactions made in just a week

The value of real estate transactions in the Dubai Land Department this week amounted to more than Dh3.3 billion. The department witnessed the registration of 856 pledges of Dh1.61 billion, including …
( read original story …)


Posted on 04/02/2021

Villas set to lead price rebound in Abu Dhabi property market in 2021

ValuStrat research says market sentiment is expected to pick up and could head towards bottoming out this year …
( read original story …)


Posted on 03/02/2021

Property Prices in the UAE’s Capital Remain Favourable To Buyers and Tenants as Suburban Areas and Waterfront Communities Gain Attention

Property markets across the globe have felt the impact of the uniquely challenging year that was 2020. While Abu Dhabi has not been an exception, the UA …
( read original story …)


Posted on 03/02/2021

UAE oil firm ADNOC gets $900m investment in property unit

The biggest oil producer in the United Arab Emirates is getting a $900m investment in its property business from a state pension fund. Abu Dhabi Pension Fund is investing in some of Abu Dhabi National …
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Posted on 03/02/2021

$19.8bln properties sold in Dubai in 2020; market up 270% from lowest level in May

Dubai’s real estate market is strongly recovering from its lowest levels, with buyers snapping up more than $19.8 billion worth of properties across Dubai for the whole of last year, the latest data …
( read original story …)


Posted on 02/02/2021

Dubai property market ‘on launchpad for 2021’ after $19.7bn sales

Official Dubai Land Department figures show real estate transactions recovered in late 2020 to increase to 35,400 …
( read original story …)


Posted on 02/02/2021

Dubai residential sales gain pace in Q4; rents down 12%

Dubai’s residential sector enjoyed a comparatively strong second half of 2020, supported by an increase in completed property sales and continued tenant demand across more-established villa …
( read original story …)


Posted on 02/02/2021

Dubai residential sales gain pace in Q4; rents down 12pc

Dubai’s residential sector enjoyed a comparatively strong second half of 2020, supported by an increase in completed property sales and continued tenant demand across more-established villa …
( read original story …)


Posted on 02/02/2021

POLL-Dubai house prices to drop at slower pace

Id=house-poll poll data * Reuters poll graphic on Dubai housing market outlook: tmsnrt.rs/3cghlBE Jan 31 (Reuters) – Dubai’s house prices are expected to fall at a slower pace this year and next than …
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Posted on 02/02/2021

Samir Arora to lead three Dubai properties as general manager for R Hotels

He is cluster general manager of The Retreat Palm Dubai MGallery by Sofitel, Ramada by Wyndham Downtown Dubai, and ibis Styles Jumeira Dubai …
( read original story …)


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