Holiday homes policy now includes farm stays, caravans and RVs Feel like you’ve been there, done that with all the hotels and resorts in Abu Dhabi? We have good news, as you’ll soon be able to stay at farmhouses across the emirate. The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has updated its holiday homes policy to include farm stays, caravans, and RVs. Farm owners are...

Aldar Properties announces 210 studios, one-, two- and three-bedroom apartments in the first phase of the development Abu Dhabi’s Aldar Properties launched Gardenia Bay, a residential community inspired by nature and waterfront living in Yas Island. In the first phase, 210 of the community’s 2,434 modern homes, including studios, one-, two-, and three-bedroom apartments, will be...

Q Properties announces construction contract win for Reem Hills in Abu Dhabi Abu Dhabi’s Q Properties has announced the award of AED1.755bn ($478m) construction contract for Reem Hills Phase 1 villas to Trojan General Contracting. Trojan will be responsible for constructing the fully sold out 218 luxury villas ranging from four to seven-bedrooms and developing 3million sq ft of built-up...

UAE property market braces for record-breaking year as investor interest for mid-market and top-end real estate surges The growth of Abu Dhabi and Dubai’s residential property markets have surpassed expectations during the first half of the year, a spokesperson from real estate consultancy CBRE told Arabian Business.  “We expected demand to actually slightly adjust compared to what was a very...

One of our favourite things about Abu Dhabi is its ambitiousness as a city. Not satisfied with already having the world’s fastest roller coaster, the world’s first zero-carbon, zero-waste, car-free city, and the furthest leaning man-made building, mega projects in the pipeline include the Zayed National Museum, Velodrome Abu Dhabi and teamLab Phenomena. No project is too big,...

Over the past three years, through a period of global uncertainty, the UAE’s real estate market has remained buoyant. Low interest rates, an ample supply of homes and policies that encouraged long-term residency in the UAE meant more people were considering buying a home in the country. While Dubai continues to lead the domestic real estate market, Abu Dhabi,...

The Dubai real estate market has continued to significantly outperform many of its worldwide peers Abu Dhabi: – The Q2 2023 report by Asteco, the UAE’s leading full-service Real Estate company, revealed remarkable trends in the real estate markets of Abu Dhabi and Dubai. Both Emirates demonstrated great resilience in the face of rising interest rates and inflation. The Dubai real estate market has...

As an industry insider, I believe young people are actively shaping and influencing every aspect of leadership as well as business transformation across industries, and property is no exception. Millennials and Gen Z are out there with more access to information than their parents ever had. Thanks to digital technologies, they have greater control over choices, which makes them...

Rent prices for budget apartments and villas in Abu Dhabi rose since January 2023, new Bayut report finds Abu Dhabi’s real estate market is at “one of its best stages ever,” Bayut’s CEO said, attributing the UAE capital’s market boom to an increase in investment activity by high net-worth individuals (HNWIs). “The much-discussed millionaire migration is a very real factor, with HNWIs...

Average prices remain 25% cheaper than the 2014 peak and values have remained relatively unchanged for three-and-a-half years now, Knight Frank said Residential values across Abu Dhabi's freehold areas experienced 1.6% growth in Q2, and rents in general continue to reduce, according to global real estate consultancy Knight Frank. The total value of transactions during Q2 across Abu Dhabi rose to AED...