Abu Dhabi residential property rents fell to their lowest since 2016 in the second quarter, according to a new report from property consultancy ValuStrat. The ValuStrat Price Index (VPI) for Abu Dhabi …
Top 5 Lavish Penthouses in Dubai
Residing in a Dubai penthouse is what dreams are made of. Pair it with the sheer luxury of the Emirate and outstanding views, and you will achieve an enviable penthouse lifestyle. The majority of …
Emaar mirrors Dubai’s booming real estate market, logs H1 sales of $4.81 billion
Robust property sales and growth in the performance of recurring revenue businesses saw Emaar’s first-half revenue grow 10 percent to AED13.575 billion ($3.69 billion), compared to the first half of …
Dubai records over $2bln in weeklong real estate transactions
DUBAI – A total of 2,433 real estate transactions worth AED9.7 billion were conducted during the week ending 12th August, 2022, according to figures released by the Dubai Land Department. A total of …
Dubai’s Emaar Properties Fully Acquires Dubai Creek Harbour
Dubai’s Emaar Properties buying Dubai Creek Harbour from Dubai Holding for a consideration of AED 7.5bn.The deal would be equally financed in cash and Emaar shares and will make Dubai Holding the …
Dubai’s Real Estate Market is Booming. One Company is Making It Possible to Invest From Anywhere in the World
It ultimately led him to co-found Stake, a company with the goal of making investing in real estate affordable and accountable. Dubai’s real estate market is booming, with cranes dotting the skyline, …
Dubai’s Real Estate Market is Booming. One Company is Making It Possible to Invest From Anywhere in the World
It ultimately led him to co-found Stake, a company with the goal of making investing in real estate affordable and accountable. Dubai’s real estate market is booming, with cranes dotting the skyline, …
Dubai property transactions in July reach 12-year high as momentum continues
The market recorded 7,092 sales transactions at an overall value of Dh21 billion ($5.7bn) in July. Sales transaction volumes were up 63.5 per cent on an annual basis, Property Finder said. Meanwhile, …
Tighter real estate regulations key to further maturity of UAE’s vibrant property scene: experts
With this growth momentum only expected to continue in the months to come, several real estate companies have welcomed the UAE government’s recent announcements to tighten real estate regulations …
Dubai: Real estate broker fined Dh50,000 for illegal property ad
A real estate broker in Dubai has been fined Dh50,000 for promoting property without the owner’s consent. The Dubai Land Department said the broker posted advertisements about the property online.The …
UAE property company accused of causing irrevocable damage to Egypt’s coast
A construction project by UAE’s Emaar has led to the erosion of the north coast’s sandy beaches, with the government called on to take action …
Dubai real estate market hits another high at $707.9 million on Wednesday
The emirate’s residential property market has been on an upswing in recent weeks, recording transactions over $1 billion on several days Dubai real estate market hits another high at $707.9 million on …
UAE property: ‘Should I tell my landlord that I don’t plan to renew my lease?’
I informed the landlord’s real estate company by email more than a month before the expiry of the lease that I would not renew the contract. Although a clause in the tenancy contract states that I …
Dubai real estate transactions surges to hit $653.4 million on Tuesday
This was 50 percent higher than the AED 1.6 billion transactions recorded on Monday Dubai real estate transactions surges to hit $653.4 million on Tuesday Dubai property market, Real Estate, Real …
Dubai ranks 4th globally for prime residential capital value growth in H1 2022: Savills
The resilience of the world’s residential city property markets has continued in the first half … According to the Savills Prime Residential Index: World Cities study, Dubai has recorded strong …
Tighter UAE rules for property transactions involving virtual assets
Single or multiple cash payments equal to or above Dh55,000 to be reported Abu Dhabi: New reporting requirements for real estate transactions involving virtual assets conducted in the UAE have been …
UAE introduces new reporting requirements for real estate transactions
The new requirements ensure the development of regulatory frameworks, leaving little or no room for manipulation or illegal practices …