Abu Dhabi has been named as the worst performing real estate market in the world in 2017. Knight Frank’s Global Residential Cities Index 2017 ranked the UAE capital 150th out of 150 cities covered, with an annual property price slump of more than 9 percent.
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Looking to rent property? Here’s everything you need to know about RERA laws
If you are looking to rent a property in Dubai then equipping yourself with the property laws of the emirate should be on priority. Aiming to regulate the relationship and minimise disputes between a landlord and a tenant, the Real Estate Regulatory Agency …
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Abu Dhabi rent and sales prices: Full year 2017 and 2018 predictions
Bayut.com, a prominent UAE property portal, launched their Year-on-Year real estate report with a focus on the Abu Dhabi residential market’s ready properties. The most in-demand area for both renting and buying flats in the UAE capital this year is Al …
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Revealed: how far did Dubai property rents, prices fall in 2017?
The rate of decline in residential property prices across key communities in Dubai has slowed over the last 12 months in comparison to 2016, while rents have continued to decline and led to yield compression in most communities, according to new figures …
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Dubai Land Launches Real Estate Promotion Plan
The Dubai Land Department (DLD) has launched its 2018 real estate promotion plan for the Real Estate Investment Management and Promotion Centre, the department’s investment arm. DLD held a press conference in the presence of Sultan Butti bin Mejren …
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Senior Property Consultant – Shades Properties – Dubai Jobs
We are looking for an experienced Senior Property Consultant to join Shades Luxury Properties Team. The candidate must have minimum 3 years experience in a similar position, proven record of successful sales, strong communication skills, the ability to …
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Dubai launches real estate promotion plan
The Dubai Land Department (DLD) has launched its 2018 real estate promotion plan for the Real Estate Investment Management and Promotion Centre, the department’s investment arm. DLD held a press conference in the presence of Sultan Butti bin Mejren …
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Revealed: Top 10 Priciest Dubai Property Deals in 2017
A penthouse on the Palm that went for Dh102 million was the priciest deal in Dubai’s property market in 2017, while two villas at Emirates Hills went for Dh95 million and Dh90 million, respectively. When it comes to high-end villas, Emirates Hills …
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Construction to begin on Rotana’s new Dubai property
Rotana’s new Dubai property, Sabah Rotana, has received been granted approval to begin construction by the Department of Tourism and Commerce Marketing (DTCM). The property will be established under the category rating of ‘five-star’ and ‘Tourism property’.
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Dubai’s Top 10 Most Expensive Areas in 2018
Latest Dubai Real Estate trends report reveals that Downtown Dubai tops the most expensive neighbourhood to rent and buy apartment in Dubai, while Emirates Hills is the most expensive area to buy or rent a villa in the city. Those in search of a residence …
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AccorHotels signs with Nakheel for latest Dubai property
Developer Nakheel and AccorHotels have signed a management agreement for ibis Dubai Jumeirah Village Circle, further strengthening their strategic partnership for Dubai hospitality projects. The agreement, inked today by Nakheel chairman Ali Rashid Lootah …
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Why it is the best time to invest in Dubai’s real estate market
UAE. Dubai’s residential real estate sector appears to be flattening out after a three-year price drop. Brokers are reporting growing interest from potential investors, this could be the best time to buy, according to many real estates exerts. Dubai’s …
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VAT launch seen boosting deals for Abu Dhabi property buyers
The introduction of VAT this month is expected to add further incentives to potential property buyers in Abu Dhabi in the form of more generous post-handover payment plans, according to a new report. Consultants JLL said that this is because the VAT …
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Reem Weekend is Coming to Abu Dhabi
Residents and visitors to Abu Dhabi this weekend will be able to enjoy a new waterside weekend attraction at one of the City’s most desirable destinations – Reem Island, courtesy of Aldar Properties, Abu Dhabi’s leading listed property development …
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Aldar Readies New Developments for Handover to Customers in Abu Dhabi
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, will continue to handover homes at its Ansam and Al Hadeel developments as well as commence handovers of plots on Nareel Island and at Al Merief this …
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Aldar says to step up handovers of Abu Dhabi homes in Q1
Aldar Properties has annnounced that it will step up the handover of homes in a number of residential developments in Abu Dhabi by the end of March. As well as continuig to deliver units at its Ansam and Al Hadeel developments, Aldar said in a statement …
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Dubai Real Estate Transactions Reach AED 285 Billion for 2017
The Dubai Land Department (DLD) recently revealed the annual results of the Dubai real estate market for 2017, with the total real estate transactions exceeding AED 285 billion through 69,000 real estate transactions. Commenting on DLD’s Annual …
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