Tag: property

High-end detached villas remain the most popular property for super-rich buyers in Dubai, despite growing numbers of developments of luxury apartments, including those being built near at the Royal Atlantis also on the palm. While the home is still on the …
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Bulgari Resort Dubai, a ‘jewel’ in the crown of Bulgari brand, received its first guests last month following the unveiling of the luxury property to a select audience at a gala event. Exclusively situated on the man-made seahorse shaped island of Jumeirah …
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An initial public offering (IPO) will be floated to sell the stake in Dar Al Arkan Properties Company. READ: Dar Al Arkan launches $218m project with Roberto Cavalli in Dubai Samba Capital and Investment Management Co has been appointed as the IPO’s …
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Off plan sales continue to dominate the residential property market in Dubai which experts believe is partly due to the recent mortgage cap introduced by the emirate’s Central Bank. Many commentators believe that the cap which means expats need a minimum …
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This is not the first time the Renaissance brand has been active in the emirate of Dubai. In the 1990s, the 281-key Renaissance Deira was located in what was then prime real estate. However on March 1, 2011, that property was reflagged under the Crowne …
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As with my stay in Abu Dhabi, I wanted to sample one of Starwood’s more economically-priced properties in Dubai, as the higher-end hotels have been extensively covered by others. The Le Méridien Fairway in Dubai had a very reasonable prepaid …
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Dubai property saw stable Returns on Investment (ROI) in 2017, but suffered lower rent and sales prices across most property types year-on-year, according to a Bayut.com report. Based on 94,000 listings hosted on Bayut.com from November 2016-November 2017 …
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The last 12 months have been a period of softening prices and rents across most property types in Dubai, with significant declines in some areas. In an end of year report, property site Bayut.com compiled a list of popular areas that had seen the most …
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Jumeirah Village Circle is Dubai’s most affordable villa community to buy (AED 758 per square foot), and one of the few that has experienced a price increase, indicating that demand remains healthy in the affordable villa segment, according to …
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Arada, a newly-created United Arab Emirates-based property developer, has secured a $272 million (1 billion dirhams) Islamic syndicated loan from UAE banks to help fund a major project in the northern emirate of Sharjah, it said on Thursday. The money will …
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Dubai International City saw the largest drop in rents during 2017 with values down by 16 percent compared to the year-earlier period, according to real estate portal Bayut.com. The average rent for a one-bed apartment in that part of the city stands at …
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Arabtec Holding said on Thursday it has been awarded Dh1.025 billion contract from Dubai Properties. The contract involves the construction works for a residential community that includes villas and town houses of Villanova Amaranta and La Quinta Phases …
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DUBAI, Dec 28 (Reuters) – Arada, a newly-created United Arab Emirates-based property developer, has secured a 1 billion dirhams ($272 million) Islamic syndicated loan from UAE banks to help fund a major project in the northern emirate of Sharjah, it said …
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Arada, a newly-created UAE-based property developer, has secured a Dhs1bn ($272m) Islamic syndicated loan from UAE banks to help fund a major project in the northern emirate of Sharjah, it said on Thursday. The money will help pay for the Dhs24bn Aljada, a …
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First Abu Dhabi Bank buoyed the Abu Dhabi index, which surged more than 1 per cent, while Dubai bourse witnessed selective buying. The Abu Dhabi Securities Exchange general index closed 1.15 per cent higher at 4,369.40, nearing the key resistance level of …
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RELATED ARTICLES: Bloom CEO says UAE property market region’s top performer in 2017 | JLL: Potential oversupply for UAE residential market | Cluttons: Abu Dhabi residential market stagnant in 2017 With demand for property stabilising over the past year …
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Estate still holds its first place among most favorable types of assets today, thanks to a mature market and stable economy in UAE. Many investors are looking at dynamically developing Emirates, as country’s economy has successfully coped with recent …
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