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 …
( read original story …)
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 …
( read original story …)
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…
( read original story …)
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 …
( read original story …)
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…
( read original story …)
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…
( read original story …)
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…
( read original story …)
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 …
( read original story …)
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…
( read original story …)
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…
( read original story …)
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 …
( read original story …)
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…
( read original story …)
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 …
( read original story …)
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 …
( read original story …)
Risk to a property deal is high without a conveyancer
A UAE property transaction can take anywhere from eight days to eight weeks through to completion with numerous complexities and legal implications if not managed correctly. The potential risks to any…
( read original story …)
Dubai’s real estate stocks rebounded on New Year’s Eve
Dubai’s real estate stocks rebounded on New Year’s eve, with Emaar Properties gaining 3.3 per cent and Damac Properties adding 4.1 per cent. Exchange data showed buying by local institutions …
( read original story …)
UAE’s real estate market on cusp of robust recovery in 2019: Al Ruwad CEO
Catalysts and laws are two key factors that will help the UAE property market witness a robust recovery in 2019, Ismail Al Hammadi told Mubasher in an exclusive interview. He noted that the market saw …
( read original story …)