Tag: property

I viewed an apartment in Dubai and decided to go for it. However, when I approached the real estate firm, an agent told me that I needed to submit a salary certificate and a three-month bank statement …
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Despite Dubai’s property transactions rising for the first five months, the literature on real estate is still replete about prices falling … and of an unquantifiable supply pipeline. It is absurd …
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In Dubai, the real estate sector is usually the topic of discussion during meetings and community gatherings. Many people talk about the sector as if they are experts, big investors or owners of …
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The new projects on the Palm are being delivered amid a glut of new development in Dubai which continues despite tumbling property prices. The paradox is in part related to earlier attempts by the …
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In 2018, 8 percent of overall property sales transactions in Dubai took place during Ramadan, cumulatively worth AED 6.49 billion compared to AED 76.27 billion for the year. In terms of volume, the …
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According to Abu Dhabi’s Tourism and Culture Authority, the hotel market experienced a 7% increase in supply last year, currently standing at 168 properties with 32,971 keys. In terms of implications …
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Real estate transactions in Dubai during Ramadan have been consistent for the past four years, with 2015 seeing a spike in sales, said Property Finder, a pioneering real estate portal in the Mena …
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In 2015, 13% of overall property sales in Dubai were during Ramadan Ramadan has coincided with summer since 2008 It is a good time to look for deals since there is less competition in the market June …
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Whether you are paying for your stay or redeeming Marriott Bonvoy points, whether you are travelling as a family or a couple or on business, it’s worth knowing which is the best and best value …
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Luxury property prices in Dubai have fallen by 4.7 percent on average over the past year, according to new research by real estate consultancy Knight Frank. Its Prime Global Cities Index for Q1 2019 …
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Dubai: The UAE’s recently-launched permanent residency scheme could be a game changer and provide a fillip to the real estate market by encouraging expatriates to invest in property and settle in the …
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HappyTenant, a revolutionary property management application, said it has won top honours at the third edition of the Gulf Real Estate Awards (GREA) which concluded recently in Dubai, UAE. Since its …
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Abu Dhabi National Hotels, a publicly traded holding company with Dh11.4 billion worth of assets in its portfolio, is open to new acquisitions in the Middle East and beyond, following its purchase of …
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In Dubai, while demand had eased in 2018, prices falls are more due to the considerable level of supply which has been delivered in 2018 and that which is expected to be delivered in 2019. While the …
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According to fäm Properties, in 2019, apart from the overdue projects, there are around 59,800 properties scheduled for delivery. Yet, only around 33,800 properties that are 80-99% close to completion …
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Back in 2001, the Dubai Government had agreed to allow expats to have a 99-year lease of certain properties in Dubai. In May 2002, a decree allowed foreigners to buy property on freehold ownership. …
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The National’s article also stated that the property’s owner Abu Dhabi National Hotels said the kitchen had closed for “refurbishment”. Ibrahim told Hotelier Middle East that despite the closure of …
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