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Tag: property

Posted on 02/02/2017

Dubai Properties receives new ISO certification

Dubai Properties Group (DPG) has been awarded for its provision of real estate development, leasing, sales, property management, and facility management, with the ISO 22301:2012 certification, it said in a statement on Tuesday. The ISO certification …
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Posted on 01/02/2017

How landmark projects impact Dubai real estate value

The influence that an iconic project can have on its locale is often quite dramatic. Apart from becoming a magnet for activity and development, trophy properties or iconic projects have the ability to change the value of nearby real estate. In Dubai …
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Posted on 31/01/2017

UAE property ads go direct with digital

Dubai: Property developers and estate agents in the UAE are making it very personal — more of them are spending significant sums on delivering marketing messages directly to your smartphone or computer. In fact, real estate ads showed a clear spike …
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Posted on 31/01/2017

Aldar supports dialogue for regional hotel investors as GIOHIS returns

Aldar Properties is undertaking multi-billion Dirham civic projects to help develop Abu Dhabi, the capital emirate of the United Arab Emirates, into an international business magnet and tourist destination. As the Emirate’s premier real estate …
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Posted on 31/01/2017

This service will improve connectivity among major attractions around Yas Island and Abu Dhabi.

This service will improve connectivity among major attractions around Yas Island and Abu Dhabi. Aldar Properties on Monday reached an agreement with Jalboot Marine Network for the launch of the service. Aldar Properties CEO Mohamed Khalifa Al Mubarak said …
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Posted on 31/01/2017

UAE residents share their experiences on losing and finding their prized possessions

In Abu Dhabi, people who lose or find items are advised to visit the nearest police directorate. Unclaimed items are eventually sent to charity, or to related departments such as immigration. In Dubai, handing over lost property within 48 hours is a legal …
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Posted on 31/01/2017

Dubai Property brokers’ commission settles at Dh1.5b previous year

According to DLD report, registered property brokers of Real Estate Regulatory Agency (RERA), the regulatory hand of Dubai Land Department’s (DLD), earned Dh1.5 billion commission last year. It has been announced by DLD that the total value of the …
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Posted on 29/01/2017

Abu Dhabi Global Market attracts dozens of special purpose vehicles

Abu Dhabi Global Market, the capital’s financial free zone … shipping, and technology/intellectual property development,” it said in a statement. “The innovative ADGM SPV regime, benchmarked against leading international jurisdictions in terms of …
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Posted on 26/01/2017

Be a fractional owner of a property in Dubai

A property investment scheme has opened doors for ordinary investors to buy a stake in luxury real estate. Known as the fractional ownership method, the scheme allows a much broader cross-section of investors to become part owners of high-stakes …
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Posted on 26/01/2017

Dubai Properties delivers over 3,000 housing units in 2016

Dubai Properties (DP), a leading UAE-based real estate master developer, concluded 2016 with a successful handover of more than 3,000 residential units, supporting one of the city’s leading handover tallies since 2012. The developer’s sought after …
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Posted on 25/01/2017

UAE property to get pricier: Here is why

* Raising interest rates typically strengthens a currency and the UAE central bank will mirror any moves by the Fed to maintain the dollar peg A stronger dirham value will likely weigh on the UAE’s real estate sector this year, a Dubai-based property …
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Posted on 25/01/2017

Dubai Properties yields over 3,000 units in 2016

DUBAI Properties (DP), a leading Dubai-based real estate master developer and asset manager known for renowned destinations across the Emirate, concluded 2016 with a successful handover over 3000 units, supporting one of the city’s leading handover …
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Posted on 24/01/2017

Dubai Residential Property Note: “Pundits are overlooking the key risks of 2017”

Today, Phidar Advisory released its Dubai residential research note with December data, which is now reported using a 3-month moving average, as well as 2016 year-end data. The report shows nominal movements, but projects further gradual softening.
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Posted on 24/01/2017

Eshraq Properties : focuses on Abu Dhabi and Dubai projects as construction starts

Eshraq Properties says it is pressing ahead with long-delayed projects in Dubai and Abu Dhabi. The Abu Dhabi-listed developer started initial work on the Dh225 million Jumeirah Rise project in Jumeirah Village Circle in October. It said that construction …
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Posted on 23/01/2017

Dubai real estate market sees $3.2bn of deals in fortnight

Dubai’s real estate market generated transactions worth $3.2bn during the first 15 days of January 2017, according to the latest report issued by Dubai Land Department (DLD). “By studying the index at the end of last year, DLD predicted that the market …
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Posted on 22/01/2017

Dubai and Abu Dhabi named as favoured locations by world’s wealthiest homebuyers

Dubai and Abu Dhabi have both featured on a new ranking of the 50 most important cities for property ownership among the world’s wealthiest people. The Alpha Cities Index has been created by consultancy Wealth-X and is a ranking of the cities that ultra …
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Posted on 22/01/2017

NBAD sees Dubai, Abu Dhabi residential market bottoming

National Bank of Abu Dhabi (NBAD) said in its yearly investment outlook, released Sunday. In the fourth quarter to December 2016, the rate of decline in property prices stabilised in Dubai and certain mid market witnessed a small uptick. New project …
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