In six months to March 2017, rental yields fell in 15 of Dubai’s 23 apartment neighbourhoods and in 11 of the city’s 16 villa districts Abu Dhabi yields also broadly down, while Northern Emirates hold steady Yet yields remain excellent versus …
( read original story …)
Amlak Finance launches fully-owned property development in Mirdiff
“It will further enhance the value of our real estate investment and fulfil our commitments to our financiers and shareholders.” Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the …
( read original story …)
UAE property allegations rubbished
NOT TRUE: President Jacob Zuma denies he owns property abroad. PICTURE: Reuters He does not own property in a foreign country neither has he sought residency in another land for himself or a member of his family, President Jacob Zuma has told Parliament.
( read original story …)
Abu Dhabi’s residential market ‘under pressure’
Issues of oversupply and ongoing economic uncertainty continue to put pressure on Abu Dhabi’s residential real estate market, according to leading international property company Chestertons Middle East and North Africa (Mena). The apartments rents …
( read original story …)
AccorHotels to rebrand landmark Dubai properties
AccorHotels today signed an agreement with Al Ghurair, one of the Middle East’s leading family businesses, for the rebrand of a landmark property consisting of 428 rooms and 192 apartments located at Al Ghurair Centre Complex. Both properties will be …
( read original story …)
Dubai faces undersupply in some property sectors
DUBAI — A UAE real estate expert says “phobic” perceptions of an over-supplied Dubai residential property market persist when there is currently an under-supply of premier homes that will be ready for occupancy in some areas next year. Firas Al …
( read original story …)
Abu Dhabi rents, sales prices drop as demand lags supply
Challenging market conditions for the Abu Dhabi real estate market in Q2 due to a drop in demand and increase in supply says Asteco Property prices and rents in Abu Dhabi posted declines in the second quarter of the year as the market continued to see …
( read original story …)
UAE Properties Boom Is Back With a Bang, Says Yzer Property
Business cycle of the United Arab Emirates and its local property market are no longer relying on area of oil exploration to drive its economic growth. Financial fortunes of the UAE and its real estate division have long been linked to the fluctuations in …
( read original story …)
2017 to remain tough for Abu Dhabi property market – Asteco
RELATED ARTICLES: Jeddah real estate sector remains slow in Q2 2017 | Return on investment for UAE real estate remains high | Asteco inks first Saudi Arabia master franchise Rental prices for apartments and villas in Abu Dhabi posted declines during the …
( read original story …)
Dubai property prices will not see decline in 2017 – Sobha
RELATED ARTICLES: Forest Villas launched in Dubai’s $4bn Sobha Hartland community | Sobha launches twin-tower residential project in Dubai | Site visit: Sobha Hartland Dubai property sales prices will not see a decrease this year as demand remains strong …
( read original story …)
UAE- Property registration trustee offices help DLD save Dh45 million
(MENAFN – Khaleej Times) The Dubai Land Department (DLD) has announced that real estate registration trustee offices have helped it to achieve an annual saving of approximately Dh45 million through 18 offices located across Dubai. Saad Abdulla Al Hammadi …
( read original story …)
Dubai Properties adds more homes for sale in Remraam
Dubai Properties announced sale of new units in the next phase of Remraam located in Dubailand at prices starting from Dh448,000. The off-plan units, comprising one and two- bedroom apartments, will be ready for handover by end of 2019. The launch presents …
( read original story …)
Dubai Properties Launches Additional Clusters for Sale in High-Demand Remraam Community
Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, announced the launch of sale of new units in the next phase of the Remraam community development, strategically located …
( read original story …)
Dubai Properties to boost facilities in key residential project
Dubai Properties, a leading real estate master developer and asset manager of renowned destinations across the emirate, is set to invest over Dh10 million ($2.7 million) in community enhancements at its Remraam residential project, strategically located in …
( read original story …)
Dubai property transactions down by 23%
LONDON: Dubai property transactions plunged by 23 percent in the second quarter, according to a report from Chestertons. But the weak property market is good news for renters who benefitted from a 2 percent decline in rents for both apartment and villas …
( read original story …)
Report unveils Dubai and Abu Dhabi property market performance in H1 2017
The number 1 property portal in the UAE, Bayut.com, has confirmed exclusively to Al Arabiya English that the UAE estate market has witnessed a balancing act in the first half of 2017; despite both sale and rental prices in Dubai and Abu Dhabi having …
( read original story …)
Dubai Properties Invests Over AED10 Million in Community Enhancements in Sought-After Remraam Development
Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, has announced an investment of AED10 million for planned enhancements in the popular Remraam community, strategically …
( read original story …)