Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its UAE Property Market Report for Q2 2019, containing key data and trends for Dubai, Abu …
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Emaar accounted for largest share of all property sales in Dubai in H1 – report
Emaar Properties recorded 4,756 transactions cumulatively worth Dhs13.1bn in the first six months of this year, accounting for the largest share of all property sales in Dubai, a report has found. …
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Dubai-based app connects tenants with property managers
Joe Moufarrej has created cloud-based platform Happy Tenant to keep tenants informed about their rented property, putting them in contact with their managers, property owners and neighbours to help …
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Aldar Properties wins US$1.36bn government contracts in Abu Dhabi
Multiple Abu Dhabi government entities have partnered with Aldar Properties to deliver social, economic and infrastructure projects worth US$1.36bn across a number of major destinations in the emirate …
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Average Dubai property prices now nearly 30% lower than 2014 peak
Average Dubai property prices are now nearly 30 percent lower than their peak in mid-2014, according to new research. Real estate consulting firm ValuStrat said in a new report that citywide values in …
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Aldar Properties wins multiple AUH contracts
Aldar Properties has partnered with several Abu Dhabi Government entities to deliver social, economic and infrastructure projects to the tune of $1.36 billion across multiple key destinations in Abu …
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The Abu Dhabi Edition: The Ultra-Mod Hotel Group Arrives In The UAE
Credit: The Abu Dhabi Edition Started a little over a decade ago by Ian Shrager in collaboration with Marriott, the Edition Hotels brand has taken off in recent years with ten properties opened …
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Dubai property investors win five-year visas after $54m commitment
Dubai Land Department (DLD), in coordination and cooperation with the General Directorate of Residency and Foreigners Affairs (GDRFA), has granted five-year renewable visas to 20 foreign investors …
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Freehold Property vs. Leasehold Property: What makes sense for you?
The introduction of the long-term residency visas for property investors and the much-anticipated launch of the Dubai Expo 2020 on the horizon have significantly boosted interest in the property …
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Dubai realty to remain buyers, tenants’ market for foreseeable future
(MENAFN – Khaleej Times) Property prices and rentals in Dubai continued to decline in the first half of 2019 and this trend will continue in the second half as oversupply will keep the emirate a …
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Dubai real estate: Win-win situation for home buyers and tenants
Dubai’s residential market is expected to remain highly attractive to occupants and buyers thanks to the wide variety of options available at competitive prices. In the short term, however, oversupply …
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Aldar Properties to develop $1.3bn worth of projects in Abu Dhabi
Abu Dhabi’s Aldar Properties is set to appoint contractors to develop $1.3 billion (AED5bn) worth of social, economic and infrastructure projects in three areas of the emirate. Appointed by the Abu …
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Le Méridien Abu Dhabi now a five-star property post renovation
Le Méridien Abu Dhabi has been re-instated as a five-star property by the Abu Dhabi Tourism & Culture Authority, after the hotel recently underwent a renovation. Khalid Anib, chief executive officer …
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Dubai Real Estate Institute signs MoU with Abu Dhabi’s Adveti
Dubai Real Estate Institute, the educational arm of Dubai Land Department (DLD), has signed a memorandum of understanding (MoU) with Abu Dhabi Vocational Education and Training Institute (Adveti) to …
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Dubai property looks to Fed, not Expo for signs of recovery
Dubai property investors once looked to Expo 2020 for a long-awaited rebound. But as prices continue to decline in the emirate, the expected fall in US interest rates may bring more near-term cheer to …
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Abu Dhabi’s H1 real estate transactions top $8.4bn
The real estate sector in Abu Dhabi has witnessed more than 10,000 property transactions in the first half of the year, thus generating a total of Dh31 billion ($8.4 billion) across the emirate, …
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Development on Reportage Properties’ projects in Abu Dhabi on fast track
Reportage Properties is going ahead on the fast track with its projects in Abu Dhabi, mainly in Masdar City and Al Raha Beach. “The company recently completed the delivery of the units at “Leonardo …
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