Dubai Land Department (DLD) has announced plans to host a three-day property show in the emirate in the second quarter of this year. Set to take place at the Dubai World Trade Centre (DWTC) from 9-11 April, Dubai Property Festival (DPF) will be a sales and …
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Survey finds 40% of residents plan to buy UAE property in 2018
Up to 40% of the UAE’s residents plan to invest in property within the country this year, a recently released study has revealed. The annual YouGov survey, conducted by IP Global, found that property remains the preferred investment asset of UAE residents.
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Dubai reveals plan to launch new real estate festival
Dubai Land Department (DLD) on Monday announced plans to launch of Dubai Property Festival, a three-day sales and purchase event to be held at the Dubai World Trade Centre on April 9–11. The real estate authority said the festival would coincide with a …
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Dubai Land Department Launches Major Initiative to Spearhead Growth in Dubai’s Real Estate Sector
Dubai Land Department (DLD) announced the launch of Dubai Property Festival (DPF), a three-day sales and purchase event to be held at the Dubai World Trade Centre April 9 – 11, coinciding with a series of events in Dubai aimed at attracting global …
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Revealed: Fixit app aims to help Dubai tenants resolve urgent problems
A Dubai-based real estate broker has devised a new property management system which will give tenants an instant communication channel to resolve urgent maintenance problems. The system, conceived by fäm Properties in Dubai will transform the way real …
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Property shares gain traction on UAE bourses
After buying in banking shares, property stocks were in demand and witnessed a good amount of accumulation on UAE bourses. Dubai index closed above the 50-day moving average of 3,460, instilling further confidence among traders, who were looking to buy …
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Abu Dhabi Residential Rents Decline 2017
According to property portal Bayut, Al Reem Island is the most in-demand area among Abu Dhabi tenants this year with studios, 1-beds and 2-beds commanding AED 60k, 82k and 120k, respectively, (14% decline from 2016). Mohammed Bin Zayed City is the most …
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Revealed: Where Abu Dhabi property rents, prices fell the most in 2017
The Abu Dhabi property market has seen substantial declines in property rents and sales prices over the last year. In an end of year report, property site Bayut.com compiled a list of popular areas that had seen the most substantial decreases year-on-year …
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New tech-driven property management system is talk of Dubai
DUBAI — A new tech-driven property management system conceived in Dubai will transform the way real estate agents and landlords communicate and help tenants resolve issues quickly and more efficiently, its designers say. Devised by fäm Properties, one …
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wasl properties completes final phase on heritage project
wasl properties has confirmed that it completed the wasl district heritage project in Dubai in December. The wasl Asset Management Group subsidiary started work on the residential and commercial property scheme after the launch of the adjoining wasl …
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A ‘Beach Palace’ in Dubai With Amenities Galore
High-end detached villas remain the most popular property for super-rich buyers in Dubai, despite growing numbers of developments of luxury apartments, including those being built near at the Royal Atlantis also on the palm. While the home is still on the …
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Dubai resort, a jewel in Bulgari crown
Bulgari Resort Dubai, a ‘jewel’ in the crown of Bulgari brand, received its first guests last month following the unveiling of the luxury property to a select audience at a gala event. Exclusively situated on the man-made seahorse shaped island of Jumeirah …
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Saudi’s Dar Al Arkan eyes IPO to sell 30% of property subsidiary
An initial public offering (IPO) will be floated to sell the stake in Dar Al Arkan Properties Company. READ: Dar Al Arkan launches $218m project with Roberto Cavalli in Dubai Samba Capital and Investment Management Co has been appointed as the IPO’s …
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Off plan sales dominating residential market in Dubai going into 2018
Off plan sales continue to dominate the residential property market in Dubai which experts believe is partly due to the recent mortgage cap introduced by the emirate’s Central Bank. Many commentators believe that the cap which means expats need a minimum …
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New opening: Marriott leads a Renaissance in Dubai
This is not the first time the Renaissance brand has been active in the emirate of Dubai. In the 1990s, the 281-key Renaissance Deira was located in what was then prime real estate. However on March 1, 2011, that property was reflagged under the Crowne …
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Review: Le Méridien Fairway Dubai — TLDR Not Great, Don’t Do It
As with my stay in Abu Dhabi, I wanted to sample one of Starwood’s more economically-priced properties in Dubai, as the higher-end hotels have been extensively covered by others. The Le Méridien Fairway in Dubai had a very reasonable prepaid …
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Dubai property ROI still strong amid softening prices
Dubai property saw stable Returns on Investment (ROI) in 2017, but suffered lower rent and sales prices across most property types year-on-year, according to a Bayut.com report. Based on 94,000 listings hosted on Bayut.com from November 2016-November 2017 …
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