Dubai-based MAG Property Development (MAG PD) has signed up as a strategic partner for the 14th edition of the International Property Show (IPS), one of the Middle East’s biggest property sales platforms for local and international real estate markets …
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Dubai off-plan property sales ‘at new high’
With property prices across Dubai registering a steep decline for the past three and a half years since its mid-2014 peak, the off-plan sales are at a high, according to an industry expert. The building boom in Dubai is being matched by a buying rush …
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Watch out for indirect VAT costs on property deals
With the value added tax (VAT) kicking in on January 1, 2018, end-users in Dubai are confused whether to pre-pone their property purchase decision or to continue paying rents and wait for sales prices to bottom out. As per the VAT regulations, developers …
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Financing completed for Abu Dhabi’s $1.2bn Reem Mall
Al Farwaniya Property Developments, the consortium behind Abu Dhabi’s Reem Mall, on Tuesday announced that financing for the $1.2 billion project is now complete. Reem Mall, located on Abu Dhabi’s Reem Island, will offer 2 million sq ft of leasable …
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Property in Dubai Confidentially
How to Buy a Property in Dubai Confidentially? To buy a property in Dubai you must keep few things in mind. Dubai real estate market is continuously experiencing a boom since year 2000 and the main reason behind this is that foreigners are being allowed to …
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Dubai Land Department Launches the Second Edition of the Gulf Real Estate Awards
The Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), and Awards International, have announced the launch of the second edition of the Gulf Real Estate Awards, which targets all companies operating in the real estate …
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UAE’s Al Fahim names new GM for property unit EPICO
RELATED ARTICLES: EPICO expands to meet FM demand from Abu Dhabi CBD | Aldar, Al Fahim to build 5900sqm Mercedes showroom | Al Fahim business unit sees 17% growth in 2016 Al Fahim has appointed a new general manager (GM) for Emirates Property Investment …
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Dubai Land Department announces the update of the rental index for 2018
Dubai Land Department (DLD) has announced that the rental index has been updated for 2018. DLD confirmed that the new update is for all residential, commercial and industrial properties in the Emirate of Dubai. DLD’s specialists have adopted a variety of …
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Dubai rents in 2018: Apartment prices per suburb
The updated Rental Index Calculator from Dubai Land Department’s Real Estate Regulatory Authority has just been launched. The Rera Rental Index Calculator is an online ‘guiding tool’ on how much rent you should be paying, and on whether you will …
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Dubai Land Department updates rental index for 2018
Dubai Land Department has updated its rental index for 2018 and added a new land rent index. The index is used to determine rental rates for various types property in Deira, Bur Dubai and freehold areas in the emirate. It is also a reference point in case …
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Dubai rents drop by as much as 25% in some areas
… that some areas saw declines of as much as 25 percent Declines in the Dubai Land Department’s recently updated rental index for residential, commercial and industrial properties mean that tenants will not face increased rent and generally reflect a …
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International exhibition of Indian properties to be held in Dubai next month
Over 200 developers will be showcasing more than 1000 projects at the Indian Property Show to be held in Dubai from December 7 to 9. This is the first international exhibition of Indian properties held by the Confederation of Real Estate Developers …
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Dubai rents get a reality check
The Dubai Land Department (DLD) has announced that the rental index has been updated for 2018. The new update is for all residential, commercial and industrial properties in Dubai. The update was much-needed since residential rents have declined in several …
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Gemini Property Developers Sudhakar Rao gets Real Estate Tycoon Award from Dubai Land Department
UAE. The Managing Director and Founder of Gemini Property Developers Mr. Sudhakar Rao has been recognised and honoured with the prestigious Real Estate Tycoon Inspiring Developer Award by Dubai Land Department, at the Taj Mahal Hotel in Mumbai during the …
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Dubai property development to deliver 163,840 new units over next five years
UAE. Property development in Dubai is scheduled to deliver another 387 real estate projects offering 163,840 new units over the next five years. A real time analysis of the market today by fäm Properties shows that a total of 24 residential and commercial …
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Family wins Dh170 million inheritance case in Abu …
The heirs of a man who had registered his company and other properties – worth Dh170 million – in the name of his sponsor and partner, have won the battle over the rights to their relative’s inheritance. The Abu Dhabi Cassation Court has cancelled earlier …
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Family wins Dh170 million inheritance case in Abu Dhabi
The heirs of a man who had registered his company and other properties – worth Dh170 million – in the name of his sponsor and partner, have won the battle over the rights to their relative’s inheritance. The Abu Dhabi Cassation Court has cancelled earlier …
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