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Tag: property

Posted on 25/01/2024

OMNIYAT expands its ultra-luxury portfolio with VELA VIENTO, Dorchester Collection, Dubai

Dubai. Once complete, OMNIYAT’s new property will contribute significantly to the elevation of the Marasi Bay area into a unique ultra-luxury enclave along with its sister property, VELA, Dorchester …

Posted on 25/01/2024

Mercedes-Benz and Dubai-based Binghatti Properties unveil branded real-estate venture

The project breaks ground in Dubai this year when Mercedes-Benz joins forces with local real-estate developer Binghatti Properties to commence construction of Mercedes-Benz Places | Binghatti. This …

Posted on 25/01/2024

Dubai’s robust housing supply to benefit buyers, tenants

According to the Property Monitor Dynamic Price Index (DPI), Dubai property prices currently stand at Dh1,281 per square foot, a little shy of 4.0 per cent above the previous all-time high. Average …

Posted on 25/01/2024

Golden visas: UAE ‘cancels minimum down payment’ for property investors

Dubai has cancelled the Dh1 million ($272,294) minimum down payment required for people to qualify for a golden visa through real estate investment, as it seeks to encourage more residents and …

Posted on 24/01/2024

Abu Dhabi reduced service charges by 6% on jointly owned properties last year

Abu Dhabi reduced service and community charges by 6 per cent last year for owners and investors in jointly owned properties, according to Abu Dhabi Real Estate Centre (Adrec).A total fee reduction of …

Posted on 24/01/2024

Golden visas: Dubai ‘cancels minimum downpayment’ for property investors

Dubai has cancelled the Dh1 million ($272,294) minimum down payment required for people to qualify for a golden visa through real estate investment, as it seeks to encourage more residents and …

Posted on 24/01/2024

Dubai real estate sector records $946m of transactions on Tuesday

The Dubai real estate sector recorded transactions worth AED3.48 ($946m) bn on Tuesday, January 23 according to data from the Land Department. In total there were 510 sales transactions, worth …

Posted on 23/01/2024

Came for a short stint, now it’s home: Why these UAE residents have long-term plans in the country

A recent survey has revealed that more than two-thirds of employees in the UAE will stay in the country for the next five years or more …

Posted on 23/01/2024

UAE real estate: Property market flourishes amid global challenges, says new JLL report

The residential sector in Dubai witnessed remarkable growth in transactions in both primary and secondary markets in 2023 …

Posted on 23/01/2024

Dubai developer announces The Central Downtown in $817m portfolio; new towers offer real estate above mall

The Central Downtown will offer a total of 1,168 residential units consisting of studio apartments, one, two and three-bedroom apartments near Miracle Garden, Dubai Butterfly Garden, and Dubai Autodrome …

Posted on 23/01/2024

Dubai’s new towers to have colour fountain, rainforest retreat, organic farm

Aqua Properties on Monday launched mixed-used The Central Downtown … The developer recently announced plans to launch a series of significant developments in Dubai valued at Dh3 billion. The project …

Posted on 22/01/2024

Dubai real estate sales hit $112bn last year – which areas offer best return for investors as prices leap 49% and rent returns tipped at 11%?

The real estate market in Dubai saw several records set in 2023. Image: Shutterstock Dubai real estate sales hut $112bn last year and the booming property market is set to see further price increases …

Posted on 22/01/2024

2023: Pakistanis remain among top 10 buyers of Dubai property, Indians top list

Indians emerged as the top buyers of Dubai real estate in 2023, while Pakistanis were placed seventh and also surpassed purchases from last year, according to a report released recently by the emirate …

Posted on 21/01/2024

Dubai house prices surge up to 21% on ‘unprecedented boom’

The upward trajectory of property prices in Dubai persists, driven by a record influx of local and international investors attracted to the promising retur..

Posted on 21/01/2024

Dubai: Residential plot prices jump up to 60% as some areas reach their full capacity

Prices of plots for the development of villas and residential buildings have increased by up to 60 per cent in Dubai due to the frenzy around new developme..

Posted on 21/01/2024

Dubai developer to select tenants for new building through exclusive auction

Apartments in M77 offers Downtown and Burj Khalifa views, full-floor gymnasium, 50-meter Olympic-sized pool, a smart keyless entry system …

Posted on 21/01/2024

UAE Property Forum in Sao Paulo to attract investors from Brazil on January 29-30

The Embassy of the United Arab Emirates in Brazil and the Consulate General in Sao Paulo will host the first UAE Property Forum from January 29 to 30 at the Tivoli Mofarrej São Paulo Hotel, Brazil.

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