This Eid Al Fitr, Dubai Properties is bringing a spectacular celebration to the streets of Jumeirah Beach Residence (JBR). From 25 to 27 June 2017, live performances and family-focused activities are set to entertain residents and visitors at the vibrant …
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Dubai’s residential off-plan sales boom to continue
The boom in Dubai’s residential off-plan sales will continue at least until year-end as buyers take advantage of less onerous payment plans and a greater choice of projects, said Propertyfinder Group, a leading real estate listings portal in the Middle East.
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Emaar Properties names Jain group CEO
Dubai’s Emaar Properties, a leading property developer and builder of the world’s tallest tower Burj Khalifa, has appointed Amit Jain, as the new group chief executive officer. An industry veteran, Jain has over 20 years of experience in senior positions …
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Off Plan Buyers Take Advantage of Historically Low Dubai Property Prices
Off-plan sales now make up almost half of residential property deals in Dubai Master developers still expect full payment upon handover, but smaller developers offer more generous terms Banks increasingly willing to lend to buyers of late-stage under …
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Aldar Properties : ADX marginally rises at Tuesday’s open
The Abu Dhabi Securities Exchange (ADX) saw a positive performance in Tuesday’s early trades. The main index rose 0.09% or 3.96 points to reach 4,495.25 points by 11:05 am UAE time. The real estate sector grew 0.66% as Aldar Properties went up 0.85%.
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Aldar Properties : Developer Aldar on track with Reem Island projects
Abu Dhabi-based developer Aldar is on track with the construction … which will add to the 5,000 homes already within its leased residential portfolio. [[banner]] Residential properties include The Bridges, mid-market homes featuring studios to three …
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New cluster executive chef to head Rotana properties in Abu Dhabi
Marina Akhmedova, who previously held the role of specialty chef at The Cove Rotana Resort, Ras Al Khaimah has now been promoted to cluster executive chef at Centro Capital Centre and Capital Centre Arjaan. Akhmedova, a Russian national, holds a diploma in …
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Work in Full Swing at Aldar’s Master-Planned Community
UAE-based Aldar Properties said work is moving at a steady pace in its master-planned community on Reem Island, Abu Dhabi, with a 2.4-km canal now open and construction of the Vida Hotels and Resorts set to start this year. The newly-opened canal is …
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Dana Gas shares tumble, most actively traded on ADX
Dubai: Dana Gas shares tumbled on the Abu Dhabi Securities Exchange after rising swiftly for a couple of weeks, making it the most actively traded name on the bourse. Union Properties led gains in Dubai. Dana Gas shares tumbled 4 per cent to close at Dh0 …
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Dubai property renter surprised by ‘random’ last-minute fee on three-bed villa
I am a US expat currently living with my family in a Jumeirah 3 villa, but we are planning to move to a villa in Barsha 1 at the end of June to be closer to the kids’ school. After an extensive (unsuccessful) search of properties listed in the area with …
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Dubai Properties breaks ground on Dubai’s newest…
Launched by Dubai Holding and Dubai Properties Group in May 2016, the Dh1 billion mixed-use Marasi Business Bay is well on track to becoming the city’s most sought-after waterfront destination. Dubai Properties, a leading Dubai-based real estate master …
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MIDEAST MONEY-Property, minority holders keep Dubai stocks down despite positives
* Dubai is worst-performing big bourse in region, apart from Qatar * Economy is strong, valuations low * But heavy exposure to real estate is dampening market * Some disappointed shareholders withdraw from market * M&A, raising foreign limits may spark …
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Hilton announces new Abu Dhabi property on Yas Island
Hilton and Miral announce their newest project, a 641-room room resort located on Yas Island. The new property, Hilton Abu Dhabi Yas Island Resort, will be located on a 3 km stretch of Yas Bay. This 641 room Hilton resort is to become part of the …
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Dubai Properties launches sale of Casa Viva townhouses
Dubai Properties, a leading Dubai-based real estate master developer and asset manager, has launched the sales of its Casa Viva townhouses, marking the third phase of its master-planned, family-friendly Serena community at Dubailand. Inspired by Spanish …
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UAE property market is changing: here’s what you need to know
New research from Allsopp & Allsopp, Dubai-based residential real-estate firm, has revealed landlords are now much more confident accepting four or more rent cheques a year rather than one. As of May 2017, some 33 per cent of tenants who found their ideal …
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Emaar to list UAE property business
June 9 (IFR) – Emaar Properties plans to offer up to 30% of its United Arab Emirates real estate development business in what would be the first listing on the Dubai exchange since Emaar Malls 2-1/2 years ago. The IPO is the result of an internal review of …
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What a solid property investment in Dubai looks like
I am about to purchase an investment property and would like to hear your opinion before going ahead. The property I am interested in buying is located in the Jumeirah Village Circle area of Dubai. It is a four-year-old, three-bedroom flat spread over …
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