Property prices and visa rights are causing a headache for thousands in UAE Brexit is persuading more Britons to move to the UAE and has thrown existing residents’ retirement plans into chaos. The UK’ …
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Company director who helped manage Abu Dhabi Royal Family’s £5.5billion London property estate WINS unfair dismissal case after being sacked for looking after his terminally …
A director of a company that managed the Royal Family of Abu Dhabi’s £5.5bn London property portfolio was unfairly sacked after pointing out that to make an unscheduled meeting he would have to arrang…
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Company director who helped manage Abu Dhabi Royal Family’s properties wins unfair dismissal case
A director of a company that managed the Royal Family of Abu Dhabi’s £5.5bn London property portfolio was unfairly sacked after pointing out that to make an unscheduled meeting he would have to arrang…
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2018 Dubai property market report at annual breakfast briefing: Cavendish Maxwell
· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C…
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VOT the new buzzword in Dubai property market
Vacant on Transfer (VOT) has become the new market buzzword, while secondary market sales transfers showed an uptick in transactions in 2018, according to an industry expert. The term, mainly used for …
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KG Group buys major stake in Dubai real estate group
KG Group, a leading manufacturer and distributor of products for the automotive, logistics and cement and mining industries, has acquired a major stake in Virtue Properties, a Dubai-based boutique rea…
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Tenants upsize from central locations to outer lying areas in Dubai
Several families in Dubai are moving from centrally located communities to secondary areas. These outer lying communities offer lower prices and the appeal of moving to a new property. “We are seeing …
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Cavendish Maxwell releases 2018 Dubai Property Market Report at its annual breakfast briefing
· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C…
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Residential property market expected to continue to soften in 2019 in Abu Dhabi
Sales of apartments in Abu Dhabi fell by 9% on average in 2018 while villas sales were down by 4%, according to the latest residential real estate report for the Emirate. Overall, sales activity for c…
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Abu Dhabi National Hotels secures loan to acquire Dubai-based properties
First Abu Dhabi Bank and Abu Dhabi National Hotels (ADNH) have signed an AED 1.6bn loan facility agreement, which will provide ADNH with the financing capability to acquire Dubai-based hotels. The agr…
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Abu Dhabi National Hotels secures Dh1.6bn loan for acquisitions
Abu Dhabi National Hotels secured a Dh1.6 billion loan from First … a subsidiary of Dubai’s biggest listed developer Emaar Properties. The value of the deal was not disclosed and the transaction was …
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Will government initiatives boost UAE property market?
The performance of both the UAE and Dubai real estate industry in 2019 will depend on how the market responds to the raft of government initiatives and regulations announced to stimulate demand. These …
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Abu Dhabi’s ADNH signs $440m loan to fund Emaar hotels deal
and First Abu Dhabi Bank (FAB) have signed an AED1.6 billion loan facility agreement. The agreement will provide ADNH with the financing capability to acquire a number of Dubai-based hotels from Emaar …
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US real estate delegation begins its tour in Dubai, reviews prominent real estate projects
Dubai, United Arab Emirates:Dubai Land Department (DLD) welcomed a US real estate delegation yesterday comprising several governmental and private institutions in response to an invitation sent to bro…
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Aldar launches $545m mixed-use project in Abu Dhabi
UAE-based Aldar Properties has announced the launch of its newest Dh2-billion ($545 million) freehold development, Alreeman, located in Alshamkha area of Abu Dhabi. With investment zone status …
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Radisson Opens Two New Hotels In Abu Dhabi…And They’re Worth A Look
All of this is why I still keep any eye out to see what Radisson is doing outside of the US and the hotelier has just announced the opening of two new properties in Abu Dhabi. The Corniche is one of t…
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Average Dubai property prices soften further by 4%
Dubai’s residential sector in the final quarter of 2018 witnessed a continuation of the tough trading conditions experienced in previous quarters, according to new research by Chestertons. Average apa…
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