ABU DHABI, DUBAI —In Q1 of 2019, the Abu Dhabi property market has seen sales and rental prices experience marginal decreases on average for both apartments and villas compared to the prices seen in …
( read original story …)
Dubai’s Property Finder buys owner of rival Justproperty.com
Property Finder, the Dubai-based property portal which completed a $120 million funding round in November last year, has bought JRD Group–the company behind rival portal Justproperty.com. The amount …
( read original story …)
Abu Dhabi property prices, rents fall marginally during Q1
Property prices and rents in Abu Dhabi have fallen marginally during the first quarter of 2019, according to new research. Bayut.com’s Abu Dhabi Q1 2019 Property Market Report said a large portfolio …
( read original story …)
Abu Dhabi ‘turning into buyers’ real estate market’
according to industry experts ahead of Cityscape Abu Dhabi property expo. A leading regional real estate industry event, the Cityscape Abu Dhabi, which is the 13th in the annual series, runs at the …
( read original story …)
Dubai Property Prices See Marginal Decline in the First Quarter of 2019
With notable projects by trusted builders such as Emaar, Meraas and Dubai Properties grabbing the attention of the global market, both the off-plan and secondary market in Dubai have started off on a …
( read original story …)
Abu Dhabi property market experiences marginal decreases in the new year
The high ROI and large portfolio of affordable properties in the capital’s emerging areas have led to a high amount of interest in the Abu Dhabi property market. In Q1 of 2019, the Abu Dhabi property …
( read original story …)
Abu Dhabi property market experiences marginal decreases in the new year: report
The high ROI and large portfolio of affordable properties in the capital’s emerging areas have led to a high amount of interest in the Abu Dhabi property market. In Q1 of 2019, the Abu Dhabi property …
( read original story …)
Burned by Dubai, Mobius Joins Chorus of Doom After Property Bust
Three years ago, Mark Mobius saw his luxury apartments in Dubai go up in flames. While the suites have by now been restored to their old splendor, the investor has something else to worry about: the …
( read original story …)
Illegal subletters could face Dh1 million fine under new Abu Dhabi housing crackdown
Last June, Abu Dhabi Judicial Department said more than 800 people had been prosecuted for living in apartments or villas shared with others in a period of 30 months. The owner of a property is also …
( read original story …)
Aldar’s Khidmah wins seven FM contracts in Abu Dhabi, Dubai, UAQ
In Abu Dhabi, Khidmah will provide FM services for developments … and plumbing (MEP) services for Al-Sagr Properties developments, including Sama Tower, Business Avenue, Al Sagr Business Tower, and …
( read original story …)
Market correction turns Abu Dhabi into buyers’ Real Estate Market, say Cityscape Exhibitors
Allan says affordable communities are now outperforming more expensive “trophy” properties in Abu Dhabi, which represents the best time for buyers to purchase their own homes. “Buying is viable for …
( read original story …)
First Time Dubai Property Buyers Attracted by Prices and New Visa Regulations
Lower prices mixed with new laws regarding visas and retirement options are pushing Dubai residents to take the plunge as first time buyers in the property market. Data from Bayut.com – the city’s …
( read original story …)
Millennials increasingly looking at investing in UAE property
Over half (58%) of millennial respondents stated they are looking for a property to live in, while 38% are looking for a property to either rent out or sell The top three most prevalent criteria …
( read original story …)
Post-Brexit UK property prospects in focus at Cityscape Abu Dhabi
Abu Dhabi, UAE: UK investment property companies are maintaining their focus on the UAE market despite Brexit uncertainties, with one major player targeting potential Emirates-based buyers at …
( read original story …)
DLD signs four MoUs during Dubai Property Festival
DUBAI: The Dubai Land Department (DLD) has announced the successful conclusion of the second edition of the Dubai Property Festival (DPF), which took place at the Dubai World Trade Centre from March …
( read original story …)
Damac profits, sales fall as Dubai property market ‘corrects’
Damac Properties on Thursday big decreases in annual net profit and home sales as the Dubai real estate market continues to “correct itself”. The Dubai-based developer reported total revenue of AED6.1 …
( read original story …)
Expo 2020 to trigger demand for properties, shunning the oversupply: Dubai Property Festival
Ministry of Housing Program in KSA to increase the number of owners to 60 percent by 2020 and 70 percent by 2030 Sustainable projects key to the growth of real estate sector Dubai, United Arab …
( read original story …)