Chris Whiteoak / The National There are 16 room categories to choose from in this 220-room property, from deluxe rooms to suites, several of them offering views of the Burj Khalifa and The Dubai Fount…
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Consolidation stares small Dubai realtors in the…
The Dubai Land Department’s (DLD) recent decision to seize the properties and plots of land registered in the name of Schon Properties and its funds deposited in an escrow account reflects how the reg…
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Dubai’s Danube Properties says 350 units in Lawnz project sold out in four hours
Dubai developer Danube Properties announced that its latest project – the Dhs550m Lawnz in International City – has been sold out within five days of its launch. The project’s first phase was launched …
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MIDEAST STOCKS-Property pulls back UAE; Saudi stocks fall on oil volatility
DUBAI, Aug 9 (Reuters) – Weakness in property shares weighed on the Abu Dhabi and Dubai markets on Thursday in fallout from an earnings miss by Aldar Properties, while oil price volatility hurt Saudi …
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Millennials Interested in UAE Property Need to Check This
Millennials in Dubai (aged between 25 to 37 years on average) are slowly stepping on to the property bandwagon, owing to attractive payment schemes and reduced housing prices. Up until a few years ago …
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Revealed: where property rents, prices have fallen most in the UAE since 2016
Asking prices for property rent and sale are generally down across Abu Dhabi, Dubai, and the Northern Emirates, with the exception of Sharjah, where apartments for sale have remained in positive terri…
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Aldar Properties Q2 profit drops 28%, misses estimates
Aldar Properties, Abu Dhabi’s largest property developer, on Tuesday missed estimates with a 28 per cent fall in second-quarter profit which it blamed on a revaluation of properties related to its ret…
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Abu Dhabi to build community market, service station
Abu Dhabi City Municipality has signed agreements with property developers to construct a community market in Mohammed bin Zayed City and a service station for residential districts at Al Shawamekth c…
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Aldar Properties’ revenue surges to $816m in H1
Aldar Properties, a leading real estate developer in Abu Dhabi, UAE, has delivered a resilient underlying performance across its businesses for the first half of 2018 compared to the same period last …
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Dubai Builder Sees Property Slump Lasting for Years
A United Arab Emirates developer who says he’s waiting for a market rebound before starting a $4 billion project expects the country’s property slump to run for another three years, despite the govern…
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Abu Dhabi Municipality Signs Two Agreements for Community Markets at Mohammed Bin Zayed City, Service Station at Al Shawamekh
HE Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality, has signed two agreements with property developers. The first relates to constructing a community market in Mohammed bin Zayed …
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New facilities to improve Abu Dhabi suburbs
“Within Abu Dhabi city, residents live in apartments that are managed by property management companies and landlords, and who therefore provide the requisite services to tenants. In the suburbs, resid…
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Dubai Properties Appoints Art Marine to Manage Culture Village Marina
Dubai Properties has appointed ART Marine, the region’s largest and best-known 360-degree leisure marine enterprise, as the exclusive operator of its marina at Culture Village. The 60-berth marina, lo…
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Prime Dubai property prices slip less than 1% in past year
Prime property prices in Dubai have held steady over the past year with a drop of less than 1 percent, according to Knight Frank. Knight Frank’s Prime Global Cities Index for Q2 ranked Dubai 35th out …
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Abu Dhabi’s $1.2bn Reem Mall makes key digital appointment
Harvard-alumni Milat Sayra Berirmen has been appointed as digital experience manager for Reem Mall, Abu Dhabi’s upcoming $1.2 billion retail, dining, leisure and entertainment destination. The move un…
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Real Estate Market to Grow Significantly in Abu Dhabi
Employment levels in Abu Dhabi continue to be affected, specifically in government agencies and financial service entities, placing downward pressure on rental rates, said the top property expert in t…
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Gallery: New Abu Dhabi mosque celebrates gender equality
within the Al Raha beach development in the UAE emirate of Abu Dhabi, the Al Dana Mosque has been designed by Dubai-based X-Architects to become a landmark mosque for the surrounding community. 1 of 6 …
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