Tag: property

Dubai: Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing homeowners associations, property management, and even in the sales and leasing of resi…
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UAE facilities management (FM) company Khidmah is being restructured by parent company Abu Dhabi real estate developer Aldar, which has also established Provis to “disrupt” the local property manageme…
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Union Properties closed 2.89 per cent higher at Dh0.391. Damac Properties closed 8 per cent higher at Dh1.42. Abu Dhabi did very well last year on the back of FAB and ADCB. There are many …
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Dubai: Property Finder, the UAE’s go-to real estate portal, released the aggregate results of figures from Dubai Pulse, the open data platform initiative from the Smart Dubai Office, which are based o…
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Dubai residential property prices are approaching levels last seen in 2009-2010 property, a leading global ratings agency has warned, following a steady decline over the last few years after a peak in …
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Decline in Dubai property prices will continue this year and could bottom out next year, according to a forecast by global ratings agency Standard & Poor’s released on Tuesday. “The Dubai property mar…
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With a 12 per cent decrease from 2017 to 2018, registered property companies have continued to exit the market as stronger players emerge with a focus on customer service, data, knowledge and informat…
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A bridge connecting Abu Dhabi to the new financial district on Maryah Island was planned to go straight through the hotel’s front door. Renovations that had been set for the mid-2000s had been postpon…
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First Abu Dhabi Bank and Etisalat recovered. FAB closed 1.08 per cent higher at Dh14.96. Etisalat closed 0.47 per cent higher at Dh17. Al Dar Properties closed 1.13 per cent higher at Dh1.79.
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was one of the first five-star hotels in Abu Dhabi and has been a well-loved property in the capital’s expatriate circles. “The fact that it’s one of Abu Dhabi’s oldest hotels is much more of a positi…
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A record 486 property companies and real estate brokerages that were in business in 2017 did not renew their licences for 2018, real estate portal Property Finder has revealed. The number …
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The Dubai property sector has emerged as a stable and mature market in the past couple of years despite a slowdown in major developed and emerging markets as investors believe in its promising future …
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Consolidation time for Dubai real estate with fly-by-night companies exiting the market, reaffirming signs of a maturing property market in Dubai 486 real estate companies in Dubai did not renew their …
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DUBAI, UAE – The property market in Dubai has been sinking since 2014, and is likely to remain depressed for years. S&P Global, the credit ratings agency, on Tuesday said the emirate’s property market …
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Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
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Prices have fallen 25 per cent to 33 per cent in nominal terms since 2014, an S&P report said. Dubai residential property prices will fall another 5-10 per cent this year due to a continued gap betwee…
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The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as …
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