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Tag: property

Posted on 23/08/2018

Homefront: ‘I have Dh1.5m to invest in Dubai property. Which areas are best?’

I want to invest in the Dubai property market and understand prices are low at the moment, making my plans very timely. I would like to buy around the Dh1.5 million mark, ideally a good-sized apartmen…
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Posted on 21/08/2018

How property management benefits landlords, tenants

A property management company takes away a lot of the niggles … properties protect an owner’s investment and can achieve a higher rental yield. In terms of Dubai, look for a Rera-regulated PM compan…
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Posted on 21/08/2018

Analysis: Dubai rents in decline in Q2 2018

Asteco’s Dubai Real Estate Report for Q2 2018 analyses property market as rental rates and sales prices continue to fall There continues to be a decline in villa and apartment rental rates and sales p…
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Posted on 21/08/2018

China’s Fidu seeks clarity on Dubai real estate cold calling rules

Fidu Properties, a Chinese company planning to invest AED2 billion in the Dubai property market by the end of 2018, has sought clarity from regulatory authorities on the use of telesales to prospectiv…
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Posted on 21/08/2018

Dubai real estate transactions hit $762m, Emiratis top investors

The total amount of real estate transactions recorded in Dubai, UAE, has surged to Dh2.8 billion ($762 million), according to the annual report released by Dubai Land Department (DLD). The emirate rec…
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Posted on 19/08/2018

Abu Dhabi developer mulls allowing cryptocurrency in payment plans

Abu Dhabi-based Imkan Properties is considering offering its customers the chance to pay for real estate using cryptocurrencies. Speaking to Arabian Business, CEO Walid El-Hindi said cryptocurrencies …
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Posted on 17/08/2018

Abu Dhabi bank’s UK arm closes financing deal for Travelodge hotel

Abu Dhabi Islamic Bank (ADIB) UK said the property was acquired by a Saudi-based client for AED194.6 million, with ADIB providing AED125.7 million of Sharia’a-compliant financing. The hotel is leased …
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Posted on 16/08/2018

Owner of UAE property site Bayut receives $50m investment

UAE listings site Bayut.com’s parent company Emerging Markets Property Group (EPMG) has secured $50m of investment as part of a funding round. EPMG, which also owns and operates Zameen in Pakistan, Bp…
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Posted on 15/08/2018

Gulf Hotels Group unveils first UAE property

Gulf Hotels Group (GHG), Bahrain’s leading home-grown hospitality provider, has announced the soft opening of its first UAE property – The Gulf Court Hotel Business Bay. The opening is the first phase …
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Posted on 14/08/2018

DAMAC Properties ‘holds its nerve’ amid Dubai real estate slump: CFO

DUBAI (Reuters) – Dubai’s DAMAC Properties DAMAC.DU, owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst qua…
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Posted on 14/08/2018

Damac CFO says company ‘holding its nerve’ amid Dubai real estate slump

Dubai’s Damac Properties , owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst quarter in terms of booked sa…
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Posted on 13/08/2018

Rent-to-own schemes attractive to Dubai residents, says Propertyfinder

Rent-to-own schemes can be an attractive option for aspiring property owners and have the advantage of offering the same protections to consumers set up by the Dubai Land Department for developers and …
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Posted on 13/08/2018

Net profits skyrocket at Abu Dhabi’s Eshraq

Eshraq Properties has reported a net profit of $4m (AED14.8m) in H1 2018, a significant turnaround compared to first half of last year when the Abu Dhabi-based real estate firm reported a loss. Accord…
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Posted on 13/08/2018

Eshraq Properties Reports Net Profit Of AED 14.8 Million For H1 2018

Reports a net profit of AED 14.8 million for the first half of 2018 versus a net loss of AED 0.32 million for the same period last year Eshraq Properties PJSC (“Eshraq” or “Company”), the Abu Dhabi ba…
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Posted on 13/08/2018

Dubai unveils plans for $2 billion tech-driven mega mall

But it is the tech angle that most intrigues. “Dubai Square pushes the boundaries of modern retail and leisure by drawing on next-generation technology,” a spokesperson from Emaar Properties, who is d…
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Posted on 13/08/2018

Salman khan Surprise Visit New Dubai house with Ferrari car ! Salman khan Dubai Properties – Dubai Video

Welcome to Official Youtube JASUS007 channel for the best videos from the world of entertainment. latest Bollywood news and behind the scene Bollywood LIFE ! Watch latest Bollywood gossip videos, . Fo…
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Posted on 13/08/2018

DAMAC Properties and Radisson Hotel Group to Launch Radisson Hotel, Dubai DAMAC Hills

New hotel overlooking Trump International Golf Club Dubai will offer ownership opportunities for investors with six percent guaranteed returns for first three years DAMAC Properties has signed a landm…
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