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 …
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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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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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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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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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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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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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Abu Dhabi developer launches freehold waterfront apartments
It will also be one of the first properties available for foreign freehold ownership, following Abu Dhabi’s recent legislative changes. Azure Al Reem occupies a waterfront location on the increasingly …
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Aldar Properties : Reem Central Park gets artworks
Aldar Properties PJSC (Aldar), in partnership with Abu Dhabi Art (under the Department of Culture and Tourism – Abu Dhabi), has commissioned a series of public artworks for the newly-opened Reem …
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Abu Dhabi allows foreigners to own land for first time
Abu Dhabi is allowing all foreigners to own land for the first time in its history. The move is meant to boost the slumping property market in the United Arab Emirates capital amid low oil prices …
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New public art revealed at Abu Dhabi’s Reem Park
This follows a commission for the 600-metre mural at Al Raha Beach, and other artworks within buildings owned by Aldar Properties PJSC, which is sponsoring the efforts in partnership with Abu Dhabi …
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Abu Dhabi resort voted ‘most instagrammable in the world’
More than 35,000 readers voted for the five-star desert property, which sits on the edge of Abu Dhabi’s Empty Quarter, with the Anantara establishment defeating second-placed Viceroy Los Cabos in …
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Abu Dhabi rises to 12th globally in 2019 ‘Doing Business’ rankings
Continuing its impressive performance, Abu Dhabi ranked 15 th worldwide in the “property registration” index, which evaluates the steps required for a business to buy property from another business. …
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Aldar properties’ : Lea has sold out
Aldar Properties’ latest development, Lea, located on the northern shores of Yas Island has sold out during Cityscape Abu Dhabi generating over Dh400 million in sales. Offering land plots starting at …
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What You Need To Know About Dubai Real Estate Market
If you are thinking about buying property in Dubai for the first time, perhaps as a foreigner, the real estate market can be confusing and even overwhelming. Learning about an entirely new real estate …
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Buffett Bets on Dubai Property as Market Prolongs Slump
(Bloomberg) — Warren Buffett’s real estate brokerage is expanding into the Middle East with an office in Dubai. Berkshire Hathaway HomeServices Gulf Properties will be led by Chairman Ihsan …
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Now’s When to Invest in Dubai Property, but Expect Little Returns
Prospective buyers of property in Dubai’s choice market are sure to close good deals, as prices continue to tumble rapidly this year, but they will need to tread water for nobody knows how long, …
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