Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has concluded its successful business trip to Jordan. During the visit, which was led by CEO of DREI Mahmoud El Burai, the delegation met senior officials from a number …
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Dubai Properties Says ‘1/JBR’ on Track for Completion in 2019
Dubai Properties’ flagship project 1/JBR, taking shape on one of the final plots of land in the sought-after Jumeirah Beach Residence (JBR) district, is on track for a timely handover in Q4 2019. Bearing the distinction of being the only residential …
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Egypt Property Show nets $110m sales
The Egypt Property Show ended on a successful note in Dubai, registering a sharp jump in property sales which soared to $110 million, more than 100 per cent over last year’s returns. The event, inaugurated by Egypt Ambassador to the UAE, Wael Gad and …
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IMF says UAE’s VAT introduction has gone well, impact short-lived
Tamirisa said property market weakness was having a significant economic impact and authorities needed to monitor this carefully. Average rents sank 10.2 per cent in Abu Dhabi in 2017 and 5.2 per cent in Dubai, according to the central bank. Read …
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Dubai’s new development game is attention to detail and sustainability
RELATED ARTICLES: Is downsizing the answer to Dubai’s affordable housing needs? | Has Dubai’s property market finally stabilised? | KSA-UAE agreement to develop Saudi real estate ‘hotspots’ In 2018, we have so far witnessed ready transactions rising by …
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Women comprised 30% of Dubai realty transactions in Q1
Approximately 2,431 female investors participated in 2,780 transactions and invested AED4.4 billion in the Dubai property market in the first three months of 2018, the Khaleej Times reported. It suggests that real estate investment in the United Arab …
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JSS school wins Dubai Customs award
Dubai: JSS Private School in Dubai recently won first prize … Change reinvented’, was a campaign aimed at measuring the coming generation’s awareness of Intellectual Property Rights and educating the public about the risks of counterfeiting on …
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Abu Dhabi property market to continue decline through 2018
RELATED ARTICLES: Abu Dhabi Ports strikes $1bn deal to develop Khalifa Port terminal | In Pictures: Yas Arena, Abu Dhabi | Aldar acquires $1bn worth of Abu Dhabi real estate assets from TDIC Sales prices and rents for both apartments and villas are still …
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Dubai Properties Says ‘1/JBR’ on Track for Completion in 2019
Dubai Properties’ flagship project 1/JBR, taking shape on one of the final plots of land in the sought-after Jumeirah Beach Residence (JBR) district, is on track for a timely handover in Q4 2019. Bearing the distinction of being the only residential …
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Dubai Properties’ flagship project to be completed in 2019
Dubai Properties’ flagship project 1/JBR, which is taking shape on one of the final plots of land in Jumeirah Beach Residence (JBR) district, is on track for a timely handover in the fourth quarter of 2019. The premium development is located on Al Mamsha …
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Dubai waterfront projects sustain buyer interest
In the recent past, this has manifested itself in the form of Dubai Properties’ 1/JBR, Meraas’ Bluewaters Island and Nikki Beach, Sobha Group’s District One and Hartland in MBR City, and the most recent Tilal Al Ghaf announced by the Majid Al Futtaim Group.
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Women Accounted for 30 Percent of Dubai Realty Transactions in Q1 2018
In Q1 2018, 2,431 female investors participated in 2,780 transactions and invested Dh4.4 billion in the Dubai property market, according to statistics from the Dubai Land Department. They cumulatively invested Dh27 billion in the property market in 2017 …
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Aldar Properties to acquire assets from Abu Dhabi’s TDIC
ABU DHABI (Reuters) – Aldar Properties (ALDR.AD) said on Monday it had reached agreement with Abu Dhabi’s Tourism Development & Investment Company (TDIC) to acquire real estate assets worth 3.7 billion dirhams ($1.01 billion), marking further …
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Abu Dhabi property prices continue decline in first quarter – report
Further corrections expected as Chestertons finds overall fall of 3% in rents with sales prices dropping 1-2% The Abu Dhabi real estate market softened further in the first three months of 2018, with sales prices and rents for both apartments and villas …
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Omniyat’s CEO on carving a property niche
For many Dubai landlords, the last 12 months will surely go down as a period to forget amid a wider downturn in the property market. Apartment prices and rents decreased 3 per cent and 2 per cent respectively from Q3 to Q4 2017, according to Chestertons …
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Abu Dhabi’s Aldar acquires $1bn of assets from gov developer
Abu Dhabi developer Aldar Properties has announced an agreement with the development arm of the emirate’s tourism authority to acquire real estate assets worth Dhs3.7bn ($1bn). The company said the deal represented one of the largest real estate …
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Aldar acquires $1bn Abu Dhabi prime real estate assets
Aldar Properties, a leading property development company in Abu Dhabi, UAE, said it has reached an agreement with Tourism Development & Investment Company (TDIC) to acquire a portfolio of prime real estate assets worth Dh3.7 billion ($1.01 billion), in one …
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