Tag: property

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council issued Executive Council Resolution No. (5) of 2017 pertaining to the refund of fees collected for exceptions from planning and …
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Dubai world expo 2020 will be the first large-scale international event to take place in the Middle East. The UAE should be proud of it. Dubai authorities have already pledged to organise it in a manner befitting of an international-level event. The six …
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Dubai – Mubasher: Damac Properties has mandated banks for the sale of a US dollar-denominated debt, Reuters reported on Monday. The company has a $100 million sukuk issue maturing on 21 March and a $650 million sukuk issue maturing in 2019, the news agency …
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wasl Asset Management, one of the largest real estate development and management companies in Dubai, has announced the launch of wasl Karama Bazaar, which will provide free stalls for Emirati small business owners. The event will be hosted at the Karama …
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“What do you do when the independent government agency trusted by the ruler of Dubai to regulate and monitor the real estate developer’s performance actually participates in a cover-up operation that deprives investors of their rights?” Oye sai
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The real estate industry represents one of the main pillars of the … on 4 February at an exclusive event at the DAMAC Hills Sales Center in Dubai. In addition to preferential pricing, the bank offered personalised service, discounted processing fees …
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Dubai-based developer Danube Properties launched today its new $82m (AED300m), G+4 realty project called ‘Resortz’. The development project, planned for Dubai’s Arjaan neighbourhood, will consist of 444 units – 25 of which will be retail shops …
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Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 2.87. The projected lower bound is: 2.66. The projected closing price is: 2.76. A big black candle occurred.
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Jumeirah Central, Dubai’s new urban mixed-use district, will make its international debut at MIPIM 2017, the annual gathering of the world’s most influential international property players. Master planned by Dubai Holding, the global investment holding …
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Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Monday’s trading session in the red, pressured by the fall of five stocks led by TAQA and Aldar Properties. The general index fell 0.06% or 2.79 points to reach 4,433.64 points by 10:50am …
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Nearly 10 years have passed since the World Financial Crisis, which commenced with a collapse in the sub-prime mortgage market in the USA. It later developed into a full blown international banking crisis causing equities, commodities and real estate …
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The Abu Dhabi Financial Group (ADFG), an alternative investment company with US$5 billion in assets, will maintain its growth strategy this year after a busy 2016 that included investments in banking and property. The company doubled its revenue last year …
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ABU DHABI // Property agents say they have hundreds of tenants left waiting without power because of a fault in the Tawtheeq housing registration system. More than three weeks after the latest computer system was introduced, residents are still spending up …
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The Dubai Frame is scheduled to open later this year. Image via Instagram user bachir_photo_phactory Dubai’s newest mega-attraction, a 150-meter-high, 93-meter-wide picture frame structure dubbed the “Dubai Frame” is approaching completion after a …
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The cap was first applied in 2006, but was abolished in late 2013, a move that helped spark steep rent rises as a broader rebound in the UAE property sector took hold in Abu Dhabi. Values are again in decline after Abu Dhabi’s government reined in …
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(MENAFN – Khaleej Times) Dubai is the most populous city in the UAE. Once a major transport hub for passengers and cargo, the city is now powered by tourism, real estate and financial services. Though the city started its early development based on oil …
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I am about to renew my tenancy for a two-bedroom villa in Mirdif. I received the renewal notice from the real estate agency stating that I need to pay Dh95,000 for the annual rent and Dh5,000 for the agency fee. Are they allowed to charge such a high …
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