Tag: property

Dubai – The hottest real estate mar­ket in the Gulf is holding up gains from the last half of 2016, records from the Dubai Land Department (DLD) show. Its report for the first six months of 2017 indicates that Dubai real estate transactions totalled about …
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Contractions in household incomes and workforce redundancies in both the public and private sectors have weakened real estate demand in Abu Dhabi, a new report by consultancy Core Savills has found. The residential sales market in the UAE capital has seen …
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Researchers at New York University Abu Dhabi (NYUAD) in collaboration with other groups have discovered that the unique genomic traits that allow local green algae to survive in a desert climate may have far-reaching potential for biotechnical applications.
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Anyone who enjoys spending time by the water will enjoy a stay at Traders Hotel. With the capital’s Maqta Creek on its doorstep, this 301-room property not only has its own private beach, but also offers some of the best night views in the city.
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“As a forward-thinking property, we always strive to reduce our environmental impact, and adopting the latest technology can help us achieve our goals,” said Fadel, adding that the hotel’s parent company, Abu Dhabi United Hospitality, is also …
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Dubai’s real estate is increasingly becoming mature and investors’ trust level is at its highest in the emirate’s property market, a senior official has confirmed. Mahmoud Al Burai, CEO of Dubai Real Estate Institute, Dubai Government, ruled out any …
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“This initiative aims to provide proper and legal options of residential units befitting the financial means of low-income individuals and at the same time open an investment opportunity to owners of commercial properties in Abu Dhabi Emirate,” said …
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The Abu Dhabi-based property developer Aldar ramped up its marketing spending in the second quarter of the year in an effort to bolster declining revenues and profits. The company posted a 5.6 percent decline in quarter-on-quarter net profit in its results …
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Search volumes for cheap housing are surging in the UAE, leading to an increase in affordable properties to meet demand. While the trend was reported days after the Abu Dhabi Municipality announced an initiative to offer low-income residents cheaper …
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Dubai developer Emaar Properties on Monday announced 15 percent profit growth to $772 million in the first half of 2017, with property sales in the emirate up 22 percent. Property sales in Dubai reached 10.814 billion dirhams ($2.94 billion, 2.5 billion …
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Demand for commercial property space is continuing to fall in the United Arab Emirates as economic growth slows, according to a report published by the Royal Institution of Chartered Surveyors on Sunday. The professional trade body for the surveying …
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LONDON: Commercial property landlords in the UAE have been forced to offer tenants better incentives to stay as occupier demand fell for the seventh consecutive quarter. The claim, made in the latest quarterly report from the Royal Institution of Chartered …
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Dubai Land Department, DLD, has announced that a total of 88 real estate projects have been launched from the beginning of 2016 until H1 2017. In a statement, DLD confirmed that 68 real estate projects were registered during H1 2017, representing a value …
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UBAI: The Dubai Land Department (DLD) on Saturday said that a total of 88 property projects were launched during the first six months of the year. The agency also said that 68 real estate projects were registered with the government, amounting to an …
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Dubai Land Department (DLD) has announced that a total of 88 real estate projects have been launched from the beginning of 2016 until H1 2017. DLD has also confirmed that 68 real estate projects were registered during H1 2017, representing a value of AED …
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Al Habtoor City Hotel Collection has appointed John Farrelly as multi-property director of sales & marketing for St. Regis Dubai, W Dubai – Al Habtoor City and The Westin Dubai, Al Habtoor City. Farrelly joins from his most recent role with Marriott …
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UAE developer Eshraq Properties Company has awarded a contract worth Dhs144m for the main works of its Marina Rise project in Al Reem Island, Abu Dhabi, it announced on Monday. The contract was awarded to Al Sweidi and Shams Contracting, Eshraq said in a …
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