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Tag: property

Posted on 29/11/2020

Top 4 affordable housing developers in the UAE

Dubai South, Jumeirah Village Circle are mainly focused towards serving the needs of the homebuyers, who seek reasonably priced units. Property Weekly lists the top four developers in Dubai who have …
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Posted on 29/11/2020

Ask the Expert: Your property questions answered here

If you plan is to remain in the UAE for the foreseeable future, have a secure job and the funds available, then the time is right for you to buy your first home in Dubai. Many first-time buyers who …
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Posted on 27/11/2020

Meena Plaza demolition: Detours, diversions in Abu Dhabi today

The demolition work on the Meena Plaza Towers in Abu Dhabi will be carried out tomorrow (Friday, November 27) from morning till afternoon (Mina Zayed) will be temporarily closed from 7pm – today …
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Posted on 27/11/2020

I was invincible until I needed a new heart: UAE expat recounts health scare

I always thought I was invincible; I’m young and I’ve always kept in shape. It was very hard for me to accept my diagnosis,” said Al Herani. He had to spend almost two years on an artificial heart …
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Posted on 27/11/2020

Dubai realty deals hit almost Dh4b

Real estate and property transactions were valued at Dh3.9 billion from 1,400 transactions during the week ending Thursday, according to the Dubai Land Department’s weekly report. Sixty plots were …
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Posted on 27/11/2020

UAE- Property market activity, consumer confidence gain traction

Property prices continued to decline in Dubai and Abu Dhabi in the third quarter even as market activity and consumer confidence gained traction with the easing of pandemic curbs and hopes of a sooner …
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Posted on 26/11/2020

$1bln of weekly real estate transactions in Dubai

The real estate and properties transactions valued at AED 3.9 billion in total for 1,400 transactions during the week ending 26 November 2020, according to figures of the Department of Land and …
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Posted on 26/11/2020

Dubai real estate fund ENBD REIT faces ‘significant pressure’; asset value falls

Dubai’s ENBD REIT, a Shariah-compliant real estate investment trust, managed by the asset-management arm of Emirates NBD, has seen a further deterioration in the value of its portfolio due to the …
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Posted on 26/11/2020

New Abu Dhabi creative hub set to create 11,000 jobs by 2031

Abu Dhabi’s media free zone twofour54, home to the regional headquarters of Ubisoft Entertainment and CNN, is aiming to triple the size of the emirate’s media industry over the next decade, as part of …
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Posted on 26/11/2020

New figures show fall in rent prices in Dubai in 2020

There was some good news for tenants this week after it was revealed Dubai apartment rents have dropped 15.9 percent in a year, meaning this could be your big chance to haggle for a discount. In fact, …
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Posted on 26/11/2020

Call for intervention sought for Dubai’s hospitality sector as room rates drop below Dh100 a night

Image Credit: Virendra Saklani/Gulf News Dubai: Only drastic cuts to fees and commissions on hotel bookings can ensure the longer term survival of three- and four-star properties in Dubai …
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Posted on 24/11/2020

Cityscape Abu Dhabi: 27 projects approved in Q4

The Abu Dhabi Urban Planning Council (UPC) has approved detailed master plans… Reem Mall among projects to get planning approval by UPC. The Abu Dhabi Urban Planning Council has approved 27 major …
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Posted on 24/11/2020

Address Beach Resort to open in Dubai next month

Emaar Hospitality Group has announced that its premium beachfront property, Address Beach Resort, being developed by Al Ain Holding, is set to open its doors in December.
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Posted on 24/11/2020

Dubai property prices ‘to stabilise in 2016’

Prices set to start rising after declines this year, real-estate firm Core Savills forecasts. Dubai property prices, which have been declining since… Gavin Davids visits the $217.7m mixed-use …
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Posted on 24/11/2020

US President-elect Joe Biden’s win “bullish for Dubai property cycle”

Former US Vice President and current US President-elect Joe Biden’s resounding win in the American presidential elections over incumbent President Donald Trump, as well as news from pharmaceutical …
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Posted on 23/11/2020

Dubai’s billionaire ruler Sheikh Maktoum wins battle with his neighbour to build six-bed lodge for family members at his Scottish Highlands estate

Sheikh Maktoum’s proposal was refused by Highland Council in June but he took his appeal to Scottish government. Last week he gave £30k for local affordable housing.
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Posted on 23/11/2020

Omniyat’s $680mln Dorchester Dubai project 60% completed

Leading regional property developer Omniyat has announced that more than 60 per cent of the work has been completed on its architectural showpiece, The Residences, Dorchester Collection, Dubai, being …
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