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Tag: property

Posted on 01/03/2019

MIDEAST STOCKS-Real estate pressures Dubai, most Gulf markets drop

* Dubai slides to biggest one-day loss in 2 months * Leejam Sports gains on FY results * Al Tayyar rises on capital increase proposal * Saudi index expects passive fund inflows of $15-$20 bln this yea…
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Posted on 01/03/2019

UAE is world’s second best place to invest in property

There has never been a better time to buy property in Dubai, according to property experts Bayut.com. Areas such as Dubai Marina, JLT and The Springs already have a high rent yield of around six perce…
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Posted on 27/02/2019

Abu Dhabi’s Aldar Investments acquires two properties in $327 mln deal

ABU DHABI, Feb 27 (Reuters) – Aldar Investments, a subsidiary of Aldar Properties, said on Wednesday it had acquired full ownership of Etihad Plaza and Etihad Airways Centre for 1.2 billion dirhams ($…
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Posted on 27/02/2019

Why invest in Dubai real estate properties?

The property market in Dubai keeps on thriving as it is seeing rapid growth in recent times and it won’t be slowing down too soon either. The growth in the real estate market is attributed to …
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Posted on 27/02/2019

Benefits of having your property managed

Do you own a property or multiple properties in Dubai and want them to be managed? Are you an overseas investor and want to ensure that all regulatory items are taken care of, including scheduling of …
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Posted on 26/02/2019

Earn passive income by letting out your UAE home on Airbnb

For many it now also presents an opportunity to enter Dubai’s rapidly evolving holiday homes market – and to turn that property into a passive income source. In April 2016 Dubai revised holiday home l…
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Posted on 26/02/2019

UAE- Emaar honours Fidu Properties with special incentive for support and partnership

one of the leading Chinese companies in the UAE property market, to express their gratitude and acknowledgment of the company’s support to Emaar’s real estate projects across the globe.
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Posted on 26/02/2019

Nearly 44,000 Dubai residential units past 65% complete as 2018 ends

“This has been more than the number of units handed over in the past few years, and the inventory will help tenants to negotiate for more competitive rents,” the UAE property portal said. READ: Q4 201…
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Posted on 25/02/2019

Aldar sets up company to handle property management services

Dubai: Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing homeowners associations, property management, and even in the sales and leasing of resi…
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Posted on 25/02/2019

Abu Dhabi’s Aldar creates Provis, restructures FM company Khidmah

UAE facilities management (FM) company Khidmah is being restructured by parent company Abu Dhabi real estate developer Aldar, which has also established Provis to “disrupt” the local property manageme…
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Posted on 25/02/2019

Dubai index to continue outperforming Abu Dhabi gauge

Union Properties closed 2.89 per cent higher at Dh0.391. Damac Properties closed 8 per cent higher at Dh1.42. Abu Dhabi did very well last year on the back of FAB and ADCB. There are many …
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Posted on 24/02/2019

2019 plans handover of 47,500 homes in Dubai, reveals “Property Finder Trends” report

Dubai: Property Finder, the UAE’s go-to real estate portal, released the aggregate results of figures from Dubai Pulse, the open data platform initiative from the Smart Dubai Office, which are based o…
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Posted on 22/02/2019

S&P warns that Dubai residential property prices approaching 2009/2010 levels

Dubai residential property prices are approaching levels last seen in 2009-2010 property, a leading global ratings agency has warned, following a steady decline over the last few years after a peak in …
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Posted on 22/02/2019

Property prices to stabilise by 2020.

Decline in Dubai property prices will continue this year and could bottom out next year, according to a forecast by global ratings agency Standard & Poor’s released on Tuesday. “The Dubai property mar…
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Posted on 22/02/2019

Stronger players ’emerge winners in Dubai property sector’

With a 12 per cent decrease from 2017 to 2018, registered property companies have continued to exit the market as stronger players emerge with a focus on customer service, data, knowledge and informat…
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Posted on 22/02/2019

Glory days return for Abu Dhabi hotel that once hosted Queen Elizabeth II

A bridge connecting Abu Dhabi to the new financial district on Maryah Island was planned to go straight through the hotel’s front door. Renovations that had been set for the mid-2000s had been postpon…
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Posted on 21/02/2019

Abu Dhabi bank stocks in demand, hit new 52-week high; Dubai’s Emaar extends gains

First Abu Dhabi Bank and Etisalat recovered. FAB closed 1.08 per cent higher at Dh14.96. Etisalat closed 0.47 per cent higher at Dh17. Al Dar Properties closed 1.13 per cent higher at Dh1.79.
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