UAE. Off-plan property sales now account for more than half of total real estate transactions in Dubai for the first time since 2008, it was revealed today. While the gap between off-plan transactions and sales of ready property for the first 3Q of 2017 is …
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Real estate a ‘powerful’ tool of UAE-India economic ties
The third edition of the Dubai Property Show, the annual property exhibition of Dubai Land Department (DLD), opened to hundreds of investors at Mumbai’s Bandra Kurla Complex on Friday. It was inaugurated by Sultan Mohamed Hamdan bin Khadim, Charge d …
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Falconcity of Wonders Reports Fruitful Participation at Dubai Property Show India 2017
Falconcity of Wonders LLC, the developer of the Falconcity of Wonders (FCW) multipurpose mega project being built in Dubai, concluded its participation at Dubai Property Show India 2017 in Mumbai on a high note, reporting high footfall to its exhibition …
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Rixos Hotels to Launch Its New Property in Saadiyat Island Abu Dhabi at WTM 2017 London
As a pioneer of Ottoman-inspired luxury hospitality, Rixos Hotels is all set to showcase its new travel experiences and launch its flagship property in Abu Dhabi, at the leading global event for the travel industry, WTM 2017, London from 6-8 November.
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Abu Dhabi’s Saadiyat Island Has Culture and Natural Beauty
Yet while there is great excitement around the gallery opening, weak economic growth in the Emirate continues to have an effect on the island’s property market.. The collapse in oil prices in 2014 has had a big impact on Abu Dhabi’s economy …
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Dubai Property Show opens to overwhelming response in Mumbai
Mumbai (Maharashtra) [India], Nov. 3 (ANI-NewsVoir): Indians have by far remained the top buyers of real estate in Dubai, contributing a whopping sum of Rs 1.1 lakh crores in last three years. Catering to the huge appetite of Indian buyers, Dubai Property …
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Bloom Properties Targets Indian Investors at Dubai Property Show in Mumbai
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is marking its debut participation in the Dubai Property Show, running from November 3 to 5, 2017 at the Bandra Kurla Complex in Mumbai …
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EDITION To Launch Hotels in Shanghai, Bodrum, Times Square, Barcelona, Bangkok, Abu Dhabi and West Hollywood
EDITION will launch its first outpost in the Middle East in Abu Dhabi, whilst EDITION’s plans to increase its US presence with two properties located in New York’s Times Square and West Hollywood. The brand’s rapid expansion is expected to continue …
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Dubai Investments Targets Indian Investors for Real Estate Projects
Dubai Investments [DFM: DIC], the leading diversified investments company listed on the Dubai Financial Market, is targeting investors from India for its real estate projects. The company announced this as part of its participation in the 3 rd Dubai …
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Indians invested over Rs 36,000 cr in Dubai property in the one year till June 2017
Indians bought property worth Rs 36,040 crore in Dubai from January 2016 to June 2017, making them yet again the top foreign property investors in the Emirates, according to Dubai Land Department. “Indian investors made 10,628 transactions worth more than …
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MAG Property Development to Participate in the Dubai Property Show Mumbai 2017
MAG Property Development (MAG PD), the real estate development arm of the MAG Group, has announced that it will be participating in the Dubai Property Show Mumbai 2017, which will take place from 3 rd to 5 th November this year. Dubai Property Show, gives …
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Falconcity of Wonders to Showcase Flagship Project at Dubai Property Show – India
Indian investors emerged as the top foreign realty spenders in the UAE in 2016, injecting over USD 3.2 billion into the Dubai market alone per reports from the Dubai Land Department. Aside from their country’s long-standing cultural and commercial ties …
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Dubai real estate commissions hit $353m in 9 months
The total value of brokerage commissions made in Dubai’s real estate market this year stood at over $353m until the end of September for the 6,200 brokers active in the emirate’s property sector, according to data revealed by the Dubai Land Department …
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CASE STUDY: Dubai Properties’ floating villas in Dubai Canal
Dubai Properties in September celebrated the voyage of the UAE’s first-ever water home as it made its way along the city’s newest attraction – the Dubai Water Canal – to berth at Marasi Business Bay. During the following days, a further eleven homes …
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UAE Property Developer DAMAC Ranks First on Forbes Global 2000 List of Fastest Growing Companies Worldwide
DAMAC Properties, a leading luxury real estate developer in the region, has clinched the number one spot on the Forbes Global 2000 List of Growth Champions, making it the fastest growing company worldwide among the top 2,000 listed by Forbes. The Forbes …
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Dubai property brokers earn over Dhs1bn in commissions
Real estate brokerage commissions in Dubai reached over Dhs1.3bn during the first nine months of the year, the Dubai Land Department (DLD) has announced. The number of active brokers in Dubai’s real estate market currently stands at 6,200. The …
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Dubai property regulator calls for collaboration to identify buildings with non-fire safe cladding
A Dubai property regulator has renewed calls for developers and owners to work together to identify towers where combustible aluminium cladding must be changed and outlined details about a new safety drive to replace the facades. The Real Estate Regulatory …
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