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Tag: property

Posted on 14/05/2019

Dubai’s Danube Properties planning three project launches in 2019 – chairman

Dubai’s Danube Properties is planning three new project launches this year, as the affordable housing developer reported a 78.5 percent rise in sales in 2018. Danube Properties, the development arm of …
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Posted on 14/05/2019

Abu Dhabi’s Aldar Properties posts 17.3% drop in Q1 profit

Aldar Properties, the largest property developer in Abu Dhabi, plans to spend Dhs2.75bn ($749m) in 2019, its chief financial officer said after the company reported a 17.3 per cent drop in first …
( read original story …)


Posted on 14/05/2019

Aldar Properties : Land sales will drive the freehold action in Abu Dhabi

— Land gets a major boost as Abu Dhabi allows foreigners freehold rights Dubai: Aldar Properties will pursue land sales aggressively to investors, including to those foreign buyers and institutional …
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Posted on 14/05/2019

Dubai’s Danube Properties planning four project launches in 2019 – chairman

Dubai’s Danube Properties is planning four new project launches this year, as the affordable housing developer reported a 78.5 percent rise in sales in 2018. Danube Properties, the development arm of …
( read original story …)


Posted on 14/05/2019

UAE residents most enthusiastic property searchers: HSBC

People in the UAE spend more time reading about and researching property than in nine other major markets, according to a new survey from HSBC. The bank said in a press release that a survey conducted …
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Posted on 14/05/2019

How Does Ramadan Affect the Dubai property market?

Carl Allsopp, COO of Allsopp & Allsopp explains the misconceptions between the holy month of Ramadan and the Real Estate market of Dubai. Do a lot of people travel during Ramadan? We all live in a …
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Posted on 12/05/2019

What makes The Abu Dhabi EDITION one of the UAE’s best luxury hotels?

A modern property full of history, art and enough food to ensure you’ll never want to leave – Danae Mercer heads to Al Bateen Peninsula to discover The Abu Dhabi EDITION A meat sommelier named Charlie …
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Posted on 12/05/2019

Q1 net profit down by 72% at Eshraq Investments in Abu Dhabi

Abu Dhabi Securities Exchange-listed (ADX) real estate and investment firm Eshraq Investments has seen net profits decline by more than 70% in the first quarter of 2019, with revenue also reducing …
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Posted on 11/05/2019

Why the holy month may just change the way you see Abu Dhabi

This means that Abu Dhabi truly becomes a city of the night … cannon were used as a way to signal that it was time to break bread. The beauty and blessed properties of the Arabic language are …
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Posted on 11/05/2019

Abu Dhabi’s albatross

Like the Chrysler, each property racked up losses for its foreign investors. During the height of the commodities boom a decade ago, Abu Dhabi enjoyed a $170 billion surplus thanks to its oil …
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Posted on 11/05/2019

Dubai property market sees ‘healthy’ off-plan deals balance in Q1

Thirteen Dubai commercial property deals worth more than AED100 million ($27 million) each were reported during the first four months of 2019, according to new research. Property Finder, the UAE-based …
( read original story …)


Posted on 07/05/2019

Dubai developers offer heavy incentives to attract property buyers

(MENAFN – Khaleej Times) Lucrative incentives, innovative payment plans and freebees are tempting investors and tenants to own a home in Dubai as developers are going the extra mile to dispose of …
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Posted on 07/05/2019

Despite depressed Dubai property market, off-plan sales soar

DUBAI, UAE – The property market in Dubai may be in depression, but off-plan sales are booming. Prices of property and rentals have fallen to levels not seen since the Global Financial Crisis, yet …
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Posted on 03/05/2019

Dubai property market records a fourth month of sales growth

Dubai: Dubai’s property market has come up with a fourth successive month of improved sales, both on off-plan and ready units. And with enough prospective buyers out there, developers in Dubai — …
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Posted on 03/05/2019

Revealed: how Dubai, Abu Dhabi property price falls compare

Residential property prices in Dubai and Abu Dhabi fell by around 5 percent during 2018, putting both cities in the bottom 10 performers in the world, according to new research. The Knight Frank …
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Posted on 02/05/2019

Homefront: ‘how can a buyer ensure banks don’t undervalue an off-plan property?’

In the current market I have heard of some newly completed properties being valued by UAE banks at approximately 12.5 per cent less than their original purchase value. The banks will only mortgage 75 …
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Posted on 02/05/2019

Brexit uncertainty could draw more attention to Dubai real estate market

The Dubai Real Estate market is likely to be impacted by UK’s uncertainty to stay or exit the European Union (EU). The ambiguity of the exit plan and the rejection by the British Parliament of the …
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