Anyone remotely connected to the Dubai real estate market would be familiar with the name, Anthony Joseph Abou Jaoude. Anthony is the real estate …
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The United Arab Emirates: A key piece in the global money laundering puzzle
A damning new report from the Financial Action Task Force confirms what investigative journalists, anti-corruption activists and whistleblowers have been saying about the United Arab Emirates for …
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Fake Airbnb website scam snares British pilot in Dubai
A British pilot in Dubai has become the latest victim of a sophisticated property rental scam run by cyber criminals using a fake Airbnb website. Less than two months after Indian manager Anamika lost …
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Abu Dhabi announces partial refund for restaurant and tourism property leases
Abu Dhabi has announced a 20% refund on annual commercial property leases for restaurants and for tourism and entertainment facilities, state news agency WAM reported on Monday.
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Dubai property firm fined heavily for violating advertising, escrow account laws
In order to provide the best possible service in a rapid manner and to ensure the comfort and happiness of customers, it has activated a new toll-free call centre number [8004488] for all Dubai Land …
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Coronavirus: how Abu Dhabi’s largest mall is keeping shoppers safe after opening its doors
Abu Dhabi’s largest mall is putting safety first as it welcomes shoppers through its doors once more. Yas Mall reopened last week as part of nationwide efforts to ease restrictions on trade and …
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Dubai clocks 1,824 property sales deals amid Covid lockdown
Despite the Dubai real estate market having to deal with a full lockdown, innovative tools like Live Viewings and Virtual Tours aided in the successful closing of a total of 1,824 transactions worth …
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Property in UAE: Off-plan units have big share of deals
Off-plan units still command a lion’s share of property transactions in Dubai despite slowdown in new project launches because there is a significant amount of off-plan projects with available units …
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Dubai property: stop bashing brokers. We’re here to stay.
Property companies will come out stronger after Covid-19 as Dubai’s real estate market will see a sharp economic bounce back …
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Emir of Abu Dhabi fights for £32m ‘siphoned’ from London property empire
The Abu Dhabi royal family has accused its former property managers in London of siphoning tens of millions of pounds in fraudulent payments.A High Court case has been brought by Berkeley Square …
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Abu Dhabi’s freehold market steady prior to Covid, says report
The property prices in Abu Dhabi’s freehold investment zones such as Al Reem Island and Al Reef remained steady during the first three months compared to Q4 2019 and continued to attract the attention …
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Imkan awards Dh236 million contract for AlJurf development
As well as its residential development, Imkan has also partnered with leading European health and wellness provider SHA Wellness Clinic, which will see the development of the SHA …
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Coronavirus: Abu Dhabi’s Yas Mall and Jimi Mall to open Saturday
Following an update to the Department of Economic Development Abu Dhabi directive on shopping malls and commercial centres and a subsequent inspection, Aldar Properties has announced the re-opening of …
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UAE combats coronavirus: Abu Dhabi’s Yas Mall, Al Jimi Mall to reopen tomorrow
Yas Mall and Al Jimi Mall will be the first malls to reopen in Abu Dhabi from Saturday. Aldar Properties said both malls under its retail portfolio have fulfilled all precautionary requirements set by …
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Coronavirus: Abu Dhabi’s Yas Mall and Jimi Mall to open tomorrow
Following an update to the Department of Economic Development Abu Dhabi directive on shopping malls and commercial centres and a subsequent inspection, Aldar Properties has announced the re-opening of …
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Abu Dhabi property prices and rent have dropped in 2020
Abu Dhabi’s real estate market has seen marginal declines in both sales prices and rent in the past few months. According to real estate service company Asteco, rental prices for apartments and villas …
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Dubai’s real estate market defies Covid-19 odds
However, analysts believe that this pace may not be sustainable in coming months as developers could go slow on their projects due to the Covid-19 uncertainty and a one-year delay in Expo 2020 Dubai.
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