Abu Dhabi developer Bloom Properties has awarded five construction contracts worth over Dhs1bn since the beginning of 2017, it announced on Monday. The developer appointed General Construction Company for the main construction works of Stella Maris, Becon …
( read original story …)
Bloom begins main construction works at Soho Square, Abu Dhabi
The main construction phase is now underway at Soho Square, Bloom Properties’ second mixed-use project on Saadiyat Island in Abu Dhabi, according to a statement by the developer. Bloom Properties has appointed Emirates Link Maltauro to carry out the work.
( read original story …)
Trump’s protectionism will benefit UAE property sector: CEO
Growing protectionist policies in the West will ultimately benefit the United Arab Emirates’ (UAE) real estate sector, despite the challenging economic climate as a result of the low oil price, a Dubai-based developer has said. Farhad Azizi, CEO of Azizi …
( read original story …)
Here’s What You Can Buy With $1 Million in Dubai
Despite slight yield compression witnessed over the last 6 to 12 months, Dubai’s prime residential market continues to be positioned attractively as a real estate investment on the global scene. While comparing 10 of the world’s most sought-after …
( read original story …)
Abu Dhabi’s Bloom Properties awards main contract for Soho Square
Bloom Properties, the real estate arm of Abu Dhabi-based Bloom Holding, announced on Sunday it has awarded the main construction contract for its Soho Square development on Saadiyat in Abu Dhabi to Emirates Link Maltauro. The developer said in a statement …
( read original story …)
Aldar Properties : hired to build new $272m Abu Dhabi media free zone
twofour54, Abu Dhabi`s media and entertainment free zone, has appointed Aldar Properties to be the developer of its new, permanent home which will be situated on Yas Island. The first phase of the new free zone is valued at about AED1 billion ($272 million …
( read original story …)
Abu Dhabi’s wills registry for non-Muslim expats will strengthen legal system
The growing number of non-Emirati property owners will also be able to ensure their houses are passed on to relatives without dispute. Abu Dhabi will now be in line with Dubai and Ras Al Khaimah.In both emirates the Dubai International Financial Centre’s …
( read original story …)
Everything You Need to Know About Building a Property Portfolio
If you want to invest money that will provide you with great returns over a long period of time, you may have decided a property portfolio is for you. Despite some short-term dips, the property market does, on the whole, offer investors long-term gains.
( read original story …)
Review: Shangri-La Abu Dhabi
The architecture of this property is incredible and surprising. There are some canals where I guess you could take boat rides — hah. Beautiful Shangri-La Abu Dhabi property Beautiful Shangri-La Abu Dhabi property Beautiful Shangri-La Abu Dhabi …
( read original story …)
Dubai Properties in ‘game changer’ partnership deal
Dubai Properties, one of the largest fully integrated real estate and community development businesses, said it has entered into a key partnership with real estate marketplace Realopedia and e-commerce giant Souq.com to market its wide portfolio of …
( read original story …)
Dubai property sales ‘likely to stay steady during Ramadan’
With Dubai reporting a 45 per cent surge in the value of property transactions during the first quarter compared to last year and agents optimistic that current prices will prove too tempting to resist for the many investors currently sitting on cash, this …
( read original story …)
Abu Dhabi economy shows signs of recovery
That was up by 8 per cent over the 2015 figure. Property is one of the main sectors when it comes to investment in Abu Dhabi, he said, but the emirate is broadening that out into industries such as finance and hospitality. Abu Dhabi’s economy was hit …
( read original story …)
twofour54 Appoints Aldar To Develop New Home On Yas Island
twofour54, Abu Dhabi’s thriving media and entertainment free zone, has appointed Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, as the strategic real estate partner of the Media Zone Authority …
( read original story …)
Aldar Properties : to build twofour54’s Yas home
The media and entertainment free zone twofour54 in Abu Dhabi said it has appointed Aldar Properties, the emirate’s biggest listed developer, to build its new home on Yas Island. The project is part of a Dh12 billion development of the southern part of …
( read original story …)
Aldar to build new site for Abu Dhabi’s free trade zone for media
DUBAI Abu Dhabi-listed Aldar Properties ALDR.AD won a contract on Monday to build a new site for the twofour54 free trade zone that hosts media firms. Aldar, the state-linked construction firm that built Abu Dhabi’s Formula One circuit, was awarded the …
( read original story …)
Abu Dhabi’s Aldar wins deal to develop Twofour54’s new freezone in Yas Island
Twofour54, Abu Dhabi’s media and entertainment freezone, has appointed Aldar Properties to develop its new headquarters in Yas Island. Set to cover an initial gross floor area (GFA) of 95,000 square metres, the new development will feature offices …
( read original story …)
Dubai Property Prices Set To Bottom Out At Last
Dubai’s property market is still in the doldrums, years after prices and rents started to drop. Estate agents suggest the downward spiral is likely to bottom out over the next few months. International property firm Cluttons, who have offices in Dubai …
( read original story …)