RELATED ARTICLES: Dubai Properties enters into strategic partnership with DLD | Sheikh Hamdan approves DLD restructure | DLD to use Artificial Intelligence to verify Ejari contracts The Dubai Land Dep…
( read original story …)
Abu Dhabi consumer prices expected to increase 3.3% in Q3
Consumer prices in the UAE emirate of Abu Dhabi are expected to increase 3.3 per cent year … gas and fuel detracted 32.5 per cent after a 3.4 per cent fall in property rents. Second quarter data fro…
( read original story …)
Abu Dhabi’s Aldar begins handover of first Yas island villa project
Aldar Properties has announced that it has begun the handover … the developer said in its latest quarterly update on its projects under development across key destinations in Abu Dhabi. Aldar said m…
( read original story …)
Dubai residential property rents, sales prices to continue decline in Q3 – Asteco
Dubai residential apartment and villa rental rates and sales prices continued to decline in the second quarter with further reductions expected over the next three months, according to real estate fir…
( read original story …)
Dubai real estate brokerage commissions reach $155m in H1 2018
Dubai’s real estate brokerage commissions have increased to reach $155 million during the first half of the year, with a total of 5,181 brokers, representing 2,113 offices, contributing to the sustain…
( read original story …)
Average Dubai property prices fall by 4% during Q2 – Asteco
Average villa and apartment sales prices fell by 4 percent during the second quarter of 2018, with an annual drop of 11 percent, according to Asteco. Its Dubai Real Estate Report Q2 2018 said the decl…
( read original story …)
Dubai developer courts Chinese investment with giant Chinatown
Emaar Properties will be building a Chinatown, claimed to be the biggest in the Middle East, as an additional retail component to its Dubai Creek Harbour project, the developer announced today. The re…
( read original story …)
An Expat’s Guide to Real Estate in Dubai
Dubai, a relative newborn on the world stage, was a city built around cars. And even though its economy is more diversified than those of its Gulf neighbors, this desert metropolis still feels ripple …
( read original story …)
Dubai’s Emaar Properties to double investments in Egypt – Alabbar
Dubai-based Emaar Properties plans to double its investments in Egypt to 100bn Egyptian pounds ($5.6bn) over the next five years, a local newspaper quoted the group’s chairman Mohamed Alabbar on Tuesd…
( read original story …)
Dubai Villa Sellers See Strengthening Market
The city’s real estate market suffered considerably when oil prices collapsed in 2014, hitting the budgets of some of Dubai’s most affluent residents and foreign buyers. The market for off-plan sales …
( read original story …)
FBR receives detail of Dubai properties owned by Pakistanis
ISLAMABAD: Federal Board of Revenue (FBR) has declared that it has received detailed information about secret properties and income of Pakistanis in Dubai. As per media reports, regarding this matter, …
( read original story …)
2018 Report: Prices falling in most areas of Abu Dhabi
The cost of renting and buying property in Abu Dhabi has decreased overall from H2 2017 to H1 2018, as per Bayut.com’s H1 2018 market report for Abu Dhabi. -Average apartment rental prices fell, but p…
( read original story …)
Dubai property agents see 30% drop in commissions in H1
Real estate brokers in Dubai earned more than 30 per cent less in commission in the first half of 2018 than they did in the same period last year, according to Dubai Land Department. Official figures …
( read original story …)
Dubai Properties enters into strategic partnership with DLD
RELATED ARTICLES: Dubai Properties unveils Middle East’s largest living green wall | Sheikh Hamdan approves DLD restructure | Project update: Inside Dubai Properties’ minimalist $272m 1/JBR tower Duba…
( read original story …)
Traps to avoid when buying property in the UAE
The sales market has been buoyant in the off-plan sector but troubled in the secondary market for some time now. Prices have been sliding since 2015 due to the oil price crash and resulting issues aro…
( read original story …)
Health hazard abandoned buildings earmarked for demolition in Abu Dhabi
Abu Dhabi City Municipality has already started the process of tearing down the 44 eyesore properties, with work underway to remove the rest. The municipality has said that they are among a total of 9…
( read original story …)
Central Hotels unveils new Dubai property
Dubai-based Central Hotels is growing its footprint rapidly with the soft opening of its new five-star resort at The Palm, Dubai. The stunning Royal Central Hotel features 207 elegantly-appointed room…
( read original story …)