Asia’s second-richest person Mukesh Ambani’s Reliance Industries has been revealed to be the buyer of an $80-million beach-side villa in Dubai, Bloomberg reported. The mansion on Palm Jumeirah marks …
Mukesh Ambani is mystery buyer of Dubai’s costliest home ever
Dubai is emerging as a favorite market for the ultra-rich, whom the government has actively courted by offering long-term “golden visas” and relaxing curbs on home ownership for foreigners. British …
Why Dubai property market is a sum of many demands and pitfalls of being a celeb, our editors comment on everything trending on August 26
AP PITFALLS OF BEING A CELEBRITY: Hollywood actress Olivia Wilde has shared how mortifying it was to be publicly served legal documents related to child custody from her former partner, actor Jason …
Dubai’s abandoned palm islands rise again as Gulf rides oil and gas wave
When they were first conceived, Dubai’s palm islands were almost too audacious to be real. Dredged up sand from the bottom of the sea and trucked in rock blasted for nearby mountains would be used to …
Are UAE property owners using enough of proptech on asset management?
Currently, in the UAE, the investment and property management processes are undergoing huge transformations, and proptech firms are making strides to revolutionize the journey. The Dubai Land …
Aldar Properties launch $313 million Yas Park Gate project in Abu Dhabi’s Yas Island
The residential development project will feature 508 new homes spanning over 255,000 sqm Aldar Properties launch $313 million Yas Park Gate project in Abu Dhabi’s Yas Island Abu Dhabi, Construction, Y …
Dubai property deals reached $5.7bln in July
The number of deals is the highest for the month of July in the past decade. Property deals in July also posted a 63.56% year-on-year (YoY) increase in terms of volume and 88.41% in terms of value.
Aldar Launches Yas Park Gate on the Doorstep of a First of Its Kind Family Park in Abu Dhabi
Aldar Properties (‘Aldar’) has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a fi …
Aldar Launches Yas Park Gate on the Doorstep of a First of Its Kind Family Park in Abu Dhabi
Aldar Properties (‘Aldar’) has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a fi …
Jewel developer buys back apartment from Abu Dhabi Sultan for $770,000 less than he paid
The developer of the $1.4bn Jewel project hasn’t sold any apartments in almost two years, but this month it bought one.
Dubai’s Emaar Properties to allow 100% foreign ownership
The Emaar stock has been recording high volumes in recent days – at the time of the Dubai Holding deal, the stock had come under pressure. Then, there was a partial bounce after …
UAE property: ‘My tenant is behind in rent and won’t renew the lease’
Provided by The National A 30-day notarised notification to pay overdue rent is required before a landlord can act against a tenant. Alamy . My tenant has overstayed in my apar …
Atlantis The Royal Residences penthouse sells for $44.4m as prime Dubai property booms
The largest penthouse at Atlantis The Royal Residences on The Palm Jumeirah in Dubai has sold for Dh163 million ($44.4m) in what is one of the highest-valued property sales of the year so far in the …
Dubai real estate transactions hit $381 million on Tuesday
The continuing boom in the emirate’s real estate sector saw transactions hitting AED10.3 billion ($2.8 billion) during last week across more than 3,000 deals Dubai real estate transactions hit $381 …
B1 Properties sells the most prestigious penthouse at The Atlantis The Royal Residences for AED 163mln
DUBAI – B1 Properties is proud to announce the sale of the largest penthouse on Palm Jumeirah’s Atlantis The Royal Residences for AED 163 Million. This unique 5-bedroom triplex penthouse on Palm …
Dubai: Another Palm Jumeirah Penthouse Sold For Whopping Dh163 Million
The largest penthouse on Palm Jumeirah’s Atlantis The Royal Residences has been sold for Dh163 million. The five-bedroom triplex penthouse spans 25,208 sq ft and includes a sky garden, two private …
The Debt Panel: ‘I am struggling to pay for an $816,000 off-plan property’
Because it is an off-plan property, I will only be eligible for a mortgage once it is ready for handover in 2026. My wife and I pay about Dh13,000 a month for the property as per the developer’s …