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Tag: property

Posted on 27/10/2018

Under I-T scanner: 7,500 Indians who own prime homes in Dubai

The Income Tax (IT) department has launched an investigation against at least 7,500 Indians who have bought high-end properties in Dubai in the last few years, sources told The Indian Express. The Int…
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Posted on 24/10/2018

High property management fees ‘deterring UAE residents’ switch to solar’

The head of a Dubai company that seeks to enable the green economy has called for gated communities to stop charging high fees for the installation of home solar energy kits. Ivano Iannelli, chief exe…
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Posted on 24/10/2018

Dubai’s costliest deal in Q3 is Dh90 million villa in Emirates Hills

The most expensive property sold in Dubai in the third quarter of 2018 was an Emirates Hills villa for a whopping Dh90 million. This was followed by a property in Downtown Burj Khalifa which was sold …
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Posted on 24/10/2018

Eagle Hills Abu Dhabi Reaps Three Awards At the 2018 Arabia Property Awards

Eagle Hills, an Abu Dhabi-based private real estate investment and development company, scooped three awards at the 2018 Arabia Property Awards, part of the International Property Awards. Palace Fujai…
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Posted on 23/10/2018

Dubai’s costliest deal in Q3 is Dh90 million Emirates Hills villa

The most expensive property sold in Dubai in the third quarter of 2018 was an Emirates Hills villa for a whopping Dh90 million. This was followed by a property in Downtown Burj Khalifa which was sold …
( read original story …)


Posted on 23/10/2018

Abu Dhabi real estate under pressure going into 2019, says Chestertons

International property firm Chestertons says real estate sales prices and rental rates will face continuing pressure in Abu Dhabi into 2019 before the market feels the benefit of the government’s $13. …
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Posted on 23/10/2018

Abu Dhabi real estate market hit by job losses, new supply in Q3, trend to continue into 2019

Abu Dhabi residential property rents and sales prices continued to fall in the third quarter as redundancies and new supply hampered demand, according to real estate services firm Chestertons.
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Posted on 23/10/2018

Emaar: With Iconic Dubai Creek Tower and Dubai Square, Dubai Creek Harbour Set to Record 30 to 40 Percent Uplift in Property Prices

Dubai Creek Harbour, the six square kilometre mega-development, located only 10 minutes from Dubai International Airport and the iconic Burj Khalifa, is set to record an uplift in residential property …
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Posted on 22/10/2018

Dubai Creek Harbour sees 40pc uplift in property prices

Leading UAE property developer Emaar said its 6-sq-km mega-development, Dubai Creek Harbour is set to record an uplift in residential property prices by an average of 30 to 40 per cent in the short-te…
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Posted on 22/10/2018

Emaar: With Iconic Dubai Creek Tower and Dubai…

This makes the residential launches in Dubai Creek Harbour a compelling purchase for investors. A comparison with the appreciation in property prices in Downtown Dubai with neighbouring developments g…
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Posted on 19/10/2018

Homefront: ‘Will the mortgage caps be relaxed in the UAE soon?’

I have seen many articles on why buying property is a great deal for UAE residents, particularly those that plan to live here for the long-term. The idea is that rent is dead money and you might as we…
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Posted on 19/10/2018

Dubai Offers Highest Potential Price Growth on Residential Property for Investors Worldwide, According to Emaar

The competitive price of premium residential real estate in Dubai is underpinned by the huge potential for growth by the city – which means stronger appreciation and return on investment – as Dubai co…
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Posted on 19/10/2018

Dubai entities ink deal to curb misleading real estate adverts

Dubai Land Department (DLD) and the Telecommunications Regulatory Authority (TRA) have signed an agreement aimed at regulating real estate advertisements. The memorandum of understanding (MoU) was sig…
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Posted on 17/10/2018

Dubai property market ‘best bet for HNWIs’

With its high gross domestic product (GDP) per capita and investments in building a world-class infrastructure, Dubai, UAE, guarantees strong returns for all international investors who are buying pre…
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Posted on 17/10/2018

Dubai property prices sink, market equilibrium not expected soon: Report

Dubai property prices declined at an accelerated pace in the third quarter, with off-plan sales volumes impacted the most amid general market uncertainty, according to property consultancy Chestertons …
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Posted on 16/10/2018

Dubai property prices drop, market ‘equilibrium’ expected in three to five years

Dubai property prices declined at an accelerated pace in the third quarter, with off-plan sales volumes impacted the most amid general market uncertainty, according to property consultancy …
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Posted on 13/10/2018

Could Dubai’s property market be facing undersupply problems?

Dubai may be suffering from an undersupply of property despite concerns to the contrary, according to UAE-based real estate portal Property Finder. Based on figures from Dubai Land Department, Propert…
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