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Tag: property

Posted on 16/01/2019

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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Posted on 15/01/2019

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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Posted on 15/01/2019

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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Posted on 14/01/2019

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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Posted on 14/01/2019

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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Posted on 14/01/2019

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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Posted on 13/01/2019

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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Posted on 11/01/2019

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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Posted on 09/01/2019

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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Posted on 09/01/2019

R Hotels appoints commercial director for Dubai properties

R Hotels has appointed Nevil D’souza as commercial director for its Dubai properties. D’souza will be responsible for the overall sales and marketing strategies of the group’s four hotels in the emira…
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Posted on 09/01/2019

UAE residential prices, rents likely to soften in 2019

The residential prices and rents in the UAE property sector are likely to soften in 2019, however there could be additional demand in the coming months which will help underpin the market as a result …
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Posted on 08/01/2019

Aldar Properties unveils $544m Alreeman near Abu Dhabi airport

Abu Dhabi development giant Aldar Properties has launched $544.5m (AED2bn) mixed-use development, Alreeman, in the Alshamkha area near Abu Dhabi International Airport. Spread over an area of 280ha, th…
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Posted on 06/01/2019

DLD, Dubai real estate companies to host American investors

Dubai Land Department (DLD) will receive a US delegation of more than 150 government and private-sector representatives seeking investment opportunities in the UAE emirate. According to Sultan Butti b…
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Posted on 05/01/2019

US team to review Dubai real estate investment

The Dubai Land Department (DLD) will receive a delegation from the US representing government and private institutions and comprising more than 150 real estate agents and 11 investors who are seeking …
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Posted on 03/01/2019

Radisson Blu brings two new Abu Dhabi properties to market

Radisson Blu has opened two hotels in Abu Dhabi, capital of the United Arab Emirates. Both hotels hold prominent locations, with the Radisson Blu Hotel & Resort, Abu Dhabi Corniche located on the vibr…
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Posted on 03/01/2019

Is it worth buying a property in Dubai?

The Dubai Investment Market offers a plethora of opportunities for investors to benefit from unparalleled gains in the global property market, though the current market sentiments are not in favour of …
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Posted on 02/01/2019

Dubai real estate deals top $5bn in last 10 days of 2018

Dubai’s real estate market recorded a high-transaction volume during the last 10 days of 2018 with a value of over Dh19 billion ($5.1 billion) through 2,081 transactions, said the director general of …
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