Tag: property

The latest addition of Hotel Indigo® in Dubai Downtown enriches travellers with inspiring and award-winning designs inspired by local creativity Denham …
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Data from consultancy Asteco showed that rents fell 13 per cent year-on-year in the third quarter, led by the Dubai Sports City and Business Bay areas. Supply of new properties also stayed strong even …
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Despite a clear quarterly rise in property sales during Q3, Dubai’s real estate market is expected to face further challenges in both the rental and sales market, according to the latest Observer: …
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The Dubai Court of First Instance ordered the payment of a Dh7.7 million fine by the defendant, followed by deportation. According to official records, the defendant had sold a fake property in …
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the Dubai real estate industry has over the last two months, experienced an increase in demand for luxury affordable units. Well-known for providing luxury property solutions at affordable prices, …
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Dubai: Current property prices in Dubai sure are attracting first-time buyers – there were 10,728 of them who bought homes and other assets in the city during the first nine months of 2020. They made …
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Although oversupply in Abu Dhabi is less severe than in Dubai, there have been concerns around prospects for growth. Property prices have slid by 30% in Dubai since 2014 amid a slump in oil prices, a …
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Dubai real estate developer Union Properties (UPP) has paid off AED 70 million ($19 million) of debt from its largest lender as part of a comprehensive debt restructuring programme. In a statement to …
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Dubai real estate developer Union Properties has completed a payment of 70 million dirhams ($19.06 million) towards its largest lender as part of a debt restructuring plan, it said on Monday …
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Aditya Shah, Director of Middle East Operations at Yardi, talks about evolving tenant experience Image Credit: Supplied PropTech provider Yardi empowers real estate stakeholders to simplify processes.
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The average of residential property cost decrease in Abu Dhabi slowed during the last three months because developers and banks presented incentives to clients.

Even though apartment and villa …
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Dubai has completed 1,241 buildings and 6,658 villas under … The Covid-19 outbreak has further reinforced this sentiment, which could render a knock-on impact on the property market,” added said …
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The real estate and properties transactions valued at Dhs4 billion in total during the week ending 22 October 2020. The sum of transactions was 1,369.
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One of the biggest property tycoons in London is the president of the United Arab Emirates, Sheikh Khalifa bin Zayed Al Nahyan. The Guardian revealed last week that he owned around £5.5bn of real …
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Leading Abu Dhabi real estate developer, Bloom Properties, has announced the launch of Tower A, the Elite building of its premium development Bloom Towers. The 43-storey building, which is located on …
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Dubai: A property owner in Dubai is finding that spending more than Dh89 million on acquiring a plot and building a bespoke villa is not enough to stake permanent ownership. Not when the developer …
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Union Properties PJSC is restructuring debt and trimming costs to weather a slump in Dubai’s real estate market. “We are focusing on restructuring our balance sheet, and all our efforts will be …
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