Property All Risk – This policy is suitable for large, residential, commercial and industrial risks. All risk policy provides a broader coverage than Fire & Allied perils policy. This policy covers accidental loss or damage to insured property.
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Dubai Real Estate: A Rising Investment
Dubai could be considered the New York of the Middle East, with towers equipped with luxury amenities and superior business facilities. The deeper-pocketed property market is dominated by Indians, Pakistanis, and British––in that order. The United Arab …
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Abu Dhabi backdates new municipality fee payments for renters to February
Read: Abu Dhabi introduces 3% tax on expat property rentals It was first announced in the February 2016 edition of the Official Gazette and reported on in April but few expected the fee to be backdated after being introduced. The backdating terms mean that …
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Abu Dhabi introduces three per cent municipality charge on households
Residential rents in Abu Dhabi fell by about 5 per cent last year as job cuts in the energy and banking sectors weakened demand, especially at the premium end of the market. But Andrew Covill, a director of property brokers Henry Wiltshire, said he did not …
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Russian investors eye Dubai property
It was in August 2014 when the ruble tumbled into a free fall until on January 22 it hit its worst exchange rate to the US dollar (82.9:1) since the introduction of the “new ruble” in 1998. But soon after that it began to stabilise and now hovers …
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Jumeirah At Etihad Towers Residence
Business-related amenities at this 5-star property consist of a business center and meeting rooms. 11 meeting rooms are available. This luxury aparthotel also offers a children’s pool, spa services, and tour/ticket assistance. Onsite self parking is …
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Rotana to Add 4,360 More Keys To UAE by 2020
2 new Rotana properties – including 6 five-star hotels – to open in Dubai, Abu Dhabi and Ras Al Khaimah within the next four years – USD 1.7 billion estimated total value of new hotels under its management Rotana earlier this month announced plans to open …
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UAE property market sees mixed trend in November
The UAE’s property market witnessed mixed results in November with the pleasant weather having a galvanizing effect on Dubai’s real estate sector, while in neighbouring Abu Dhabi things seemed to be cooling down, said a report. The real estate markets of …
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Aldar’s Shams Meera makes impact on Al Reem Island
The first mid-market development from Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, is making its presence felt on Al Reem Island through a new time lapse video released by the developer.
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On the market: two-bedroom townhouse in Abu Dhabi Gate City
a collection of 236 two-, three- and four-bedroom properties just off Abu Dhabi island. You’re at least 20 minutes out of town, so this community is not for those who want to be in the thick of it. This is a great option for families who want to be able …
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Aldar Properties : Shams Meera on track for 2018 launch
Aldar Properties, a leading real estate developer based in Abu Dhabi, UAE, said work on its mid-market development – Shams Meera – is progressing well with the steel reinforcements and foundation work under way, as well as columns and walls for the …
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Oryx Hotel
High-speed wireless Internet access is complimentary. This 4-star property offers access to a 24-hour business center and meeting rooms. This business-friendly hotel also offers a spa tub, a fitness center, and a sauna. Onsite self parking and valet …
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AG Hotel
AG Hotel is a smoke-free property. Buffet breakfasts are available for a surcharge and are served each morning between 7:00 AM and 10:30 AM. Onsite venue – This restaurant serves breakfast, lunch, and dinner. Reservations are required. Room service (during …
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Property All Risk Dubai by NASCO
Property All Risk Dubai by NASCO – Any loss or damage to material and property causes hardship in terms of capital loss and other consequential losses. The aftermath of fires in particular may be drastic, and monetary relief is essential to rebuilding …
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Tenants will drive the property market
If we reflect on recent market activity, Dubai is nearing a point of maturity and stabilisation over recent years, while following an upward trend in many areas of the emirate. The property market has performed well following the implementation of numerous …
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Dubai and London properties to attract Indians in 2017
A survey by Track2Realty in 2014, among NRIs, HNIs and other wealthy and influential investors, found that Singapore, Malaysia, New York, Sydney, UK (London) and the Middle East (Dubai), were the preferred destinations for owning a house outside India.
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Global events weigh on Dubai property market sentiment
The UAE property market is heavily reliant on expatriate and international buyers and is, therefore, vulnerable to international economic dips. 2016 has been a challenging year for much of the global economy and, as a result, international events have …
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