Damac properties has almost been a bellwether in the Dubai property market. Even during the market’s lean phase, Damac was consistent with its product launches, much to the surprise of market stakeholders. That strategy continues even today. “We are …
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Dubai's real estate market is mature and streamlined
Damac properties has almost been a bellwether in the Dubai property market. Even during the market’s lean phase, Damac was consistent with its product launches, much to the surprise of market stakeholders. That strategy continues even today. “We are …
( read original story …)
New online property will developed for non-Muslims
Dubai: A new property will has been developed online specifically for non-Muslim property owners in Dubai and Ras Al Khaimah. They can now draw up their will and register it in Dubai for a quick and hassle-free succession. Despite the continuous year-on …
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Aldar Properties : Bauer tackles Abu Dhabi job
The German foundation specialist is busy with ground improvement works on a prestigious villa community that Aldar Properties is developing. Upon completion, the project will house a high-end residential villa community with retail buildings, schools, a …
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Glitch in Tawtheeq system causes upheaval for Abu Dhabi residents
ABU DHABI // A glitch in the municipality’s property registration system has stopped hundreds of people from moving into new homes. Long queues have formed all day at the Tawtheeq offices for more than a week, with many people having to return the next …
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Abu Dhabi rents expected to decline in 2017
the property division of Abu Dhabi Islamic Bank, told The National. “I think possibly the effect of the reintroduction of the rent cap could be that rents start to stabilise,” added Andrea Menown, head of investment sales at broker LLJ. Either way …
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Fun Abu Dhani attraction coming in 2018
World Abu Dhabi will bring together Super Heroes and Super-Villains from the DC Universe, including Batman, Superman and Wonder Woman, as well as iconic animated properties such as Bugs Bunny, Scooby-Doo and Tom and Jerry, creating a family-friendly …
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Rents and prices set to fall further in Abu Dhabi in 2017
Average residential rents and property prices in Abu Dhabi fell in 2016 and further declines are likely in 2017 due to new supply coming onto the market, the latest analysis report suggests. Apartment rents fell by 7% on average year on year and villas …
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Rak Properties signs deal to launch InterContinental hotel
Ras Al Khaimah: Rak Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has signed a Dh11.5 million contract with Al Nuaimi Group, to embark on the implementation phase of its upcoming InterContinental Mina Al Arab …
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Abu Dhabi sees big demand for affordable lodging
The UAE capital’s largest and most influential property investment show, Cityscape Abu Dhabi will run from April 18 to 20 at the Abu Dhabi National Exhibition Centre. It has returned with new features and highlights across 18,000 sq m of exhibition space …
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Abu Dhabi tenants will move for better value in 2017, says latest Asteco report
The average annual rent of a high-end two-bedroom property on Abu Dhabi Island falling 10% to AED141,000 in 2016; and a two-bedroom apartment in Khalidya/Bateen dropping by as much as 13%, on average, to AED146,000. Mid and lower end apartments experienced …
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RAK Properties reports 9.4% profit growth in 2016
RAK Properties, Ras Al Khaimah’s largest property developer listed on the Abu Dhabi Stock Exchange, has reported 9.38% net profit growth and increased profit margins for 2016. The company, which has been leading the residential and commercial development …
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Dubai Property Show Happening in Shanghai, China this Year
Dubai Property Show took place in Mumbai last December and it was a huge success. Because of the good response that it gathered in other global places like London and Hong Kong, the sixth time, famous Dubai real estate exhibition is happening in Shanghai.
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Dubai Properties Group showcases AED1 Billion Marasi Business Bay at the Dubai International Boat Show
Dubai Properties Group (DPG), one of the largest fully integrated and community development businesses in Dubai, is pleased to announce its participation to commemorate the 25 th anniversary of the annual Dubai International Boat Show (DIBS) at Dubai …
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Dubai Real Estate Institute Advances the Region's Real Estate Markets
Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has made essential contributions towards spreading knowledge and culture all across the real estate market. DREI has trained and developed more than 50 thousand …
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Abu Dhabi Emirates Palace hotel photo shoot turns up the opulence
The property certainly isn’t understated but Horth wasn’t deterred: “I love grandeur,” he says. MORE: The most romantic places in Abu Dhabi ‘Priceless’ photoshoot “When my wife and I got married, we went to Antarctica. The invitation had us on top of an …
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Abu Dhabi Emirates Palace hotel photoshoot turns up the opulence
The property certainly isn’t understated but Horth wasn’t deterred: “I love grandeur,” he says. MORE: The most romantic places in Abu Dhabi ‘Priceless’ photoshoot “When my wife and I got married, we went to Antarctica. The invitation had us on top of an …
( read original story …)