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Tag: property

Posted on 07/01/2025

Live news: Dubai property developer Damac to invest $20bn in US data centres

Damac, the Dubai-based property developer, will invest at least $20bn in US data centres, its chair Hussain Sajwani announced as he met Donald Trump, the US president-elect, at his Mar-a-Lago resort …

Posted on 07/01/2025

Trump announces Dubai company will invest at least $20 billion in U.S. data centers

Dubai developer DAMAC Properties will invest at least $20 billion “over a very short period of time” in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump …

Posted on 07/01/2025

Mama Shelter hotel debuts in Dubai: Sky pool, neon lights and stays for less than Dh500

Mama Shelter Dubai has opened as the city’s newest hotel. The skyscraper property in Business Bay, initially slated to open in 2021, has finally opened its doors to guests. It’s the first property in …

Posted on 07/01/2025

Dubai real estate: High yields and strong growth attract investors in 2024

Bayut’s report reveals significant price increases across various segments, driven by high demand and strong ROI. Dubai real estate: High yields and strong growth attract investors in 2024. affordable …

Posted on 07/01/2025

Revealed: Dubai areas with fastest rent increases, highest return on investment in 2024

Over the past four years, property prices and rents have soared across all segments, driven by growing population and investors seeking high returns …

Posted on 06/01/2025

UAE real estate: Property market transactions hit $243bn in 2024

The UAE’s real estate sector recorded transactions worth AED893 billion in 2024, with 331,300 transactions across Abu Dhabi, Dubai, Sharjah, and Ajman. Mortgage transactions reached AED229.3 billion …

Posted on 05/01/2025

Dubai plans new rental index for commercial properties

Similar to residential properties, commercial property owners will also be prompted to upgrade their assets to apply for an increase in rents …

Posted on 05/01/2025

My Dubai Rent: Family escapes hustle and bustle of city life in Dh220,000 villa

My Dubai Rent takes you inside a reader’s home to have a look at what they get for their money, how much they pay in rent and asks them what they like and don’t like When Rishav Raj first moved to …

Posted on 04/01/2025

Dubai’s Burj Khalifa charges Rs 70061 per sq ft in annual rent; here’s how much it costs to rent a 1-bedroom flat in world’s tallest building

The Burj Khalifa was inaugurated in 2010, and has since sold Dh8.8 billion in residential units, the highest for a single building in Dubai city.

Posted on 04/01/2025

UAE Property: ‘I am concerned about recovering deposit from landlord after lease expires’

Question: My tenancy contract is due to expire at the end of March and I have notified the landlord of my intention to move out at that time. My concern is whether I will recover my security deposit …

Posted on 03/01/2025

Rental index in Dubai expands to commercial properties

Majid Al Marri, CEO of real estate registration and services at Dubai Land Department, told AGBI at the launch of the residential rental index that the commercial component is exp …

Posted on 03/01/2025

Deyaar’s First Abu Dhabi Project Sells Out

Deyaar Development PJSC, a leading property developer in the UAE, has announced the complete sell-out of RIVAGE—its latest and first residential project in Abu Dhabi.

Posted on 02/01/2025

A Comprehensive Guide to Renting Property in the UAE

The UAE offers a vibrant real estate market attracting residents and expatriates with rental properties from luxurious apartments in urban centers to spacious villas in serene suburbs Renting property …

Posted on 02/01/2025

Al Raha Beach Hotel rebrands as Al Raha Beach Resort & Spa

Al Raha Beach Resort & Spa, a beachfront destination in Abu Dhabi, unveiled its new identity at an exclusive gala dinner, announced by General Manager Kamal Zayati, in front of distinguished guests, …

Posted on 02/01/2025

Dubai’s top neighbourhoods in 2024: A guide to the most desirable places to live

The findings reveal five standout communities where demand for real estate is surging. Dubai’s top neighbourhoods in 2024: A guide to the most desirable places to live. Al Barsha, barsha heights, …

Posted on 02/01/2025

New Dubai smart rental index: Landlords must improve property ratings to hike rents

The index will cover residential segment in the first phase and then the commercial segment will be added at a later stage …

Posted on 01/01/2025

Who controls Edinburgh property from ex Trump ally to Dubai ruler and Chinese state

Through browsing the Register of Persons Holding a Controlled Interest in Land, or RCI register, we stumbled across some interesting findings regarding some well-known properties in the capital …

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