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 …
( read original story …)
Green light for UAE sustainability
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 …
( read original story …)
Dubai realty transactions at Dhs4 billion
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.
( read original story …)
London is the wild west of the global property market – and it needs a sheriff
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 …
( read original story …)
Bloom Properties presents ‘Tower A’ the elite building of Bloom Towers with a guaranteed 8% return on investment
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 …
( read original story …)
Expat property investor in Dubai finds spending Dh89m does not guarantee the land is his
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 …
( read original story …)
Dubai’s Union Properties Restructuring Debt to Weather Real Estate Slump
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 …
( read original story …)
Property investor in Dubai finds Dh89 million on plot and villa does not guarantee ownership
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 …
( read original story …)
UAE owns £5.5bn of British property
The president of the UAE has created a £5.5 billion British property empire that rivals the land holdings of the nation’s wealthiest aristocratic families.Sheikh Khalifa bin Zayed al-Nahyan, who is …
( read original story …)
Dubai property buyers ‘eyeing spacious homes in city outskirts’
As accessibility to areas away from the city-centre improves, Dubai’s property market sees a new trend in buyers opting for spacious homes in newer localities, according to leading real-estate portal …
( read original story …)
Dubai Luxury Sales Rebound From Lockdown Low
Two units at the luxury Dubai high-rise Il Primo sold for nearly AED60 million (US$16 million) in the third quarter of 2020, as the luxury market rebounded from a lockdown that hindered sales …
( read original story …)
Sheikh Khalifa’s £5.5billion London property empire revealed
Sheikh Khalifa bin Zayed al-Nahyan, whose half-brother is the owner of Manchester City football club, has amassed the massive real-estate portfolio in London since the 1990s.
( read original story …)
Leaked documents show how UAE president amassed a £5bn London property portfolio
Referred to by his lawyers as ‘the client’ to preserve his anonymity, it has been revealed that Sheikh Khalifa bin Zayed al-Nahyan owns some of the UK capital’s most prestigious addresses …
( read original story …)
Incentives galore in UAE property market as rents fall
Increased mobility during the quarter has brought about a considerable increase in the level of new leasing enquiries in Dubai.
( read original story …)
Dubai rents are falling, time to relocate
Residential, office and retail sectors across the UAE’s property market will continue to be tenant-friendly … head of Research, JLL Mena. Dubai’s office market saw its first new stock additions of …
( read original story …)
Dubai prime residential secondary market sales volume doubles
Dubai’s prime residential property market is witnessing strong transaction volumes, especially the secondary market which doubled quarter-on-quarter. According to an analysis by Luxhabitat Sotheby’s …
( read original story …)
What you need to know before vacating a flat in Dubai
As a tenant it is your right to receive the security deposit from your previous landlord while you had vacated the rented apartment.
( read original story …)