Tag: property

UAE developer Eshraq Properties Company has awarded a contract worth Dhs144m for the main works of its Marina Rise project in Al Reem Island, Abu Dhabi, it announced on Monday. The contract was awarded to Al Sweidi and Shams Contracting, Eshraq said in a …
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… banks sector retreated 0.20% as First Abu Dhabi Bank and Abu Dhabi Islamic Bank (ADIB) levelled down 0.46% and 0.28%, respectively. The real estate sector decreased 1.43% after RAK Properties and Eshraq Properties levelled down 1.08% and 0.13% …
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Damac Properties fell more than 3 per cent to be at Dh3.96 … “People may be waiting for Arabtec and Emaar’s results,” Shurrab said. The Abu Dhabi Securities Exchange general index closed 0.08 per cent lower at Dh4,588.06. “The index is headed …
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In less than 40 years, Dubai has transformed from a local trading community into one of the most inspirational, exciting and successful cities in the world. It continues to make global headlines as an immensely attractive destination for tourists …
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Dubai Land Department (DLD) announced that the total value of real estate transactions exceeded AED 390 billion across 95,000 transactions in 18 months (1 Jan 2016 – 31 July 2017). Commenting on the results, His Excellency Sultan Butti bin Mejren …
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Abu Dhabi has announced plans to provide more accommodation options for lower income groups in the capital as the property market continues to weather tough economic conditions. The Department of Municipal Affairs and Transport at the Abu Dhabi City …
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One of Dubai’s largest real estate brokerages, fm Properties, has topped AED1.3 billion in residential property sales at City Walk, the new destination developed and managed by Meraas in the heart of Jumeirah. Firas Al Msaddi, the fm Properties CEO …
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Benefits: 1) Purchasing property in Dubai = Dubai offers you a residence permit -so if you visit Dubai a lot for work or pleasure means you will save a lot of time bypassing visa and immigration and you have a place to stay 2) As a rental property Dubai …
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Fäm Properties, a leading real estate brokerage in Dubai, has topped Dh1.3 billion ($353.93 million) in residential property sales at City Walk, the new destination developed and managed by Meraas in the heart of Jumeirah, Dubai. Fäm Properties CEO Firas …
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The real estate sector has grown into a significant component of the economy in Dubai and the number of companies engaged in real estate and related activities in Dubai has now reached 8,011, including more than 680 real estate developers. According to the …
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Lootah Real Estate (LRE) and Dubai South have entered into a joint venture to develop residential units in the Dubai South residential district. The agreement calls for the phased development of approximately 1.1m sq ft of property. “Winning such a …
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DUBAI: Dubai Investments Real Estate Company LLC [DIRC] has signed an 1.1 billion dirhams ($300 million) financing deal with First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) for its Mirdif Hills development. Mirdif Hills is being developed …
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A 2,875 sq.ft. apartment in Dubai Marina consisting of three bedrooms all en-suite with bathrooms and fitted with walk in wardrobes, now is available for sale. This is an “old school” property where the rooms are very spacious and bright, with proper …
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ENBD Reit, the Nasdaq Dubai-listed Shariah-compliant real estate investment trust managed by Emirates NBD Asset Management, has acquired South View School in Remraam. South View School will be Interstar Education’s fifth Dubai campus and its second British …
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Off-plan sales in the first seven months of the year in Dubai South increased 285 per cent, compared with the whole of last year, property analysts Reidin said in a report. “We opine that off-plan sales will continue to rise as the community gears up for …
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In the UAE, the responsibilities of the property owner and the property developer are mostly poorly understood, and the tenants expect to be covered by the insurance policy held by either the property owner or of the property developer. Generally …
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… are well-known for their billion-dollar investments in luxury real estate projects in Dubai, but many of them have not been successful in the Vietnamese property market. Bitexco, a big Vietnamese real estate developer, has confirmed that Emaar …
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