Dubai’s residential market is expected to remain highly attractive to occupants and buyers thanks to the wide variety of options available at competitive prices. In the short term, however, oversupply …
( read original story …)
Aldar Properties to develop $1.3bn worth of projects in Abu Dhabi
Abu Dhabi’s Aldar Properties is set to appoint contractors to develop $1.3 billion (AED5bn) worth of social, economic and infrastructure projects in three areas of the emirate. Appointed by the Abu …
( read original story …)
Le Méridien Abu Dhabi now a five-star property post renovation
Le Méridien Abu Dhabi has been re-instated as a five-star property by the Abu Dhabi Tourism & Culture Authority, after the hotel recently underwent a renovation. Khalid Anib, chief executive officer …
( read original story …)
Dubai Real Estate Institute signs MoU with Abu Dhabi’s Adveti
Dubai Real Estate Institute, the educational arm of Dubai Land Department (DLD), has signed a memorandum of understanding (MoU) with Abu Dhabi Vocational Education and Training Institute (Adveti) to …
( read original story …)
Dubai property looks to Fed, not Expo for signs of recovery
Dubai property investors once looked to Expo 2020 for a long-awaited rebound. But as prices continue to decline in the emirate, the expected fall in US interest rates may bring more near-term cheer to …
( read original story …)
Abu Dhabi’s H1 real estate transactions top $8.4bn
The real estate sector in Abu Dhabi has witnessed more than 10,000 property transactions in the first half of the year, thus generating a total of Dh31 billion ($8.4 billion) across the emirate, …
( read original story …)
Development on Reportage Properties’ projects in Abu Dhabi on fast track
Reportage Properties is going ahead on the fast track with its projects in Abu Dhabi, mainly in Masdar City and Al Raha Beach. “The company recently completed the delivery of the units at “Leonardo …
( read original story …)
Freehold areas dominate investor attention in Abu Dhabi, while suburban communities lead rental market: H1 2019 report
Abu Dhabi’s recent decision to open up the freehold property market has widened the pool of investors in the region. Interest has soared for freehold areas like Al Reef, Al Raha Beach and Masdar City, …
( read original story …)
Abu Dhabi’s Aldar launches rent-to-own scheme for West Yas homes
Abu Dhabi-listed developer Aldar Properties has launched a rent-to-own scheme for select homes in its West Yas residential community on Yas Island in Abu Dhabi. The scheme, according to an Abu Dhabi …
( read original story …)
Freehold areas dominate investor attention in Abu Dhabi, while suburban communities lead rental market – Bayut’s H1 2019 market report
Abu Dhabi’s recent decision to open up the freehold property market has widened the pool of investors in the region. Interest has soared for freehold areas like Al Reef, Al Raha Beach and Masdar City, …
( read original story …)
The state of play of the Dubai property market in June 2019 and beyond
There has been so much negative talk in the Dubai Property market, I felt it was time to voice my opinion from the experiences I have had throughout my years of dedication to real estate in the city. …
( read original story …)
Rent-to-own: An alternative way to finance a home in the UAE
The UAE property market has been coined a ‘buyers-market’ over the past 18-months and buyers are spoilt for choice. According to fäm Properties, in 2019, apart from the overdue projects …
( read original story …)
Ethis Group of Crowdfunding Platforms to Participate in Dubai Property Development
Ethis Dubai, part of the Ethis Group of crowdfunding platforms headquartered in Singapore, has announced its participation in the Dubai “Real Estate Investment Opportunities” (REIOs) launched by Dubai …
( read original story …)
Abu Dhabi seeks major synergies via consolidation
The 11 companies include, Abu Dhabi Ports, Abu Dhabi Media Co., Abu Dhabi Airports Co., Modon Properties, Abu Dhabi Health Services Company (SEHA) and National Health Insurance Co. (Daman). …
( read original story …)
11 Abu Dhabi entities come under one roof
Abu Dhabi Health Services Company; Modon Properties; Daman; Abu Dhabi National Exhibition Company; Abu Dhabi Sewerage Services Company and Zones Corp. These companies and agencies will come …
( read original story …)
Dubai real estate market reaches ‘attractive levels of affordability’ in H1 2019
Dubai’s real estate market has reached ‘attractive levels of affordability in the first half of 2019, a report from Bayut, a UAE-based real estate portal, has found. Based on a comparison of prices …
( read original story …)
Dubai’s prime property prices ‘turn affordable in H2’
Consumers are firmly in the driving seat, steering the Dubai real estate market to more attractive levels of affordability, according to the latest H1 market report by UAE real estate portal Bayut. …
( read original story …)