Property sales in Abu Dhabi and Dubai surged in the first quarter of this year compared with the same period a year ago as the UAE’s property market continues to rebound strongly from the coronavirus pandemic. Abu Dhabi’s total sales transactions value for the three months to the end of March surged more than three times to Dh11.6 billion ($3.15 billion) compared to Dh3.6 billion for the same...
The total support provided by the scheme for the first group of 65 Emirati families amounts to $8.71mln UAE - Authorities in Dubai have launched a social initiative to support citizens with limited income who have received housing grants, but require additional funds for the construction or completion and furnishing of their homes. The ‘Bayti’ initiative aims to support and assist beneficiaries...
The rising trend of women investors is aided by the emergence of micro-investing apps, making it easy and affordable for individuals to invest small amounts of money regularly. The UAE’s growing women empowerment is helping the fairer sex to break yet another traditional male fiefdom – market investment, with the number of women investors in the country shooting up by a whopping 51...
EXCLUSIVE: From Dubai Design District’s and Expo City’s first residential phase to Deyaar $299.5mn seafront project, this month’s projects feature a heavy pipeline of mixed-used developments Closing doors to another eventful month as we welcome the second quarter of the year. With 17 new projects set to launch in the coming years, the month of March sets an example of the upward trend seen in the...
Investors in property or any other asset are looking for where their money will “work the hardest.” So you put your money to work making money, so you don’t have to. Now when it comes to the Ebb and Flow of the securities, bonds, FX, or Crypto markets, you just have to sit back and watch the ride, but the property has many more moving parts. So, given all these different aspects, is it better to...
Toledo comprises 405 units ranging from two-and three-bedroom townhouses with sizes starting from 120 sqm to 171 sqm to three- to five-bedroom detached villas from 254 sqm to 428 sqm Bloom Holding, a leading real estate development company, has appointed Edrafor Emirates as the enabling works contractor for Toledo, Phase Two of its fully integrated and all-inclusive residential community, Bloom Living,...
When talking about living in the UAE, Dubai always dominates the conversation; for logical reasons. But people are missing out on a hidden gem with so much to offer, the capital. There are many reasons to buy property in Abu Dhabi, one of the most cosmopolitan and rapidly growing cities in the world. Here are just a few of the benefits of moving to Abu Dhabi: A Welcoming Community Living...
The merger will be reflected in the port operator's Q1 financials Abu Dhabi's AD Ports Group said it has completed the merger of KEZAD Communities with Al Eskan Al Jamae LLC (EAJ), creating an entity with an equity value of 7 billion dirhams ($1.9 billion) The merger has resulted in the creation of Abu Dhabi’s largest integrated staff accommodation company in which AD Ports Group retains a...
Located in Abu Dhabi Global Market (ADGM) on Al Maryah Island, the commercial office will have a total net leasable area of 63,000 square metres Two of Abu Dhabi’s most prominent firms have entered into a partnership to develop commercial assets. Mubadala and Aldar have signed heads of terms to develop an office tower on Al Maryah Island within the international financial centre and freezone Abu...
Marsa Al Jubail will offer 36 luxury villas in a private marina community on the island Abu Dhabi’s Jubail Island has unveiled a brand new secluded waterfront villa community. Marsa Al Jubail – announced by LEAD Development, on Wednesday, is a high-end marina villa community with 36 houses among the mangrove forests. Located in Marfaa Al Jubail village, the community features a...
