Dubai: Abu Dhabi's Aldar Properties will finally get to make its entry in Dubai. The mega-developer has aligned with Dubai Holding, which holds a Dh130 billion portfolio of assets, in a 'binding' joint venture agreement to develop 'exciting living experiences across prime locations in Dubai'. The plan is to build more than 9,000 residential units in the suburbs, with the launches being planned...
Aldar Properties is developing a new waterfront community after buying Al Fahid Island in Abu Dhabi Abu Dhabi’s Aldar Properties has bought land between Yas Island and Saadiyat Island and is planning a new waterfront community in the emirate. When complete the $7bn development will overlook iconic Abu Dhabi mangroves and an almost 5km stretch of beach land. Aldar acquired Al Fahid...
Gulf Today, Staff Reporter Bayut, the UAE’s leading property portal, has released its Abu Dhabi property market reports for 2022. The data collected by Bayut revealed that sales prices of both affordable and luxury apartments for sale in the capital have continued to rise. When it comes to more spacious, private villas, luxury homes have become more expensive while affordable villas have become...
The economic recovery, aided by higher oil prices and a revival in tourism and trade, resulted in a significant increase in inward investment Abu Dhabi – According to the Asteco 2022 Q4 real estate report, the UAE has demonstrated an impressive level of resilience in the aftermath of the COVID pandemic in 2022. The economic recovery, aided by higher oil prices and a revival in tourism and trade,...
Taraf will introduce five thoughtfully designed properties in the UAE during 2023 In a diversification and growth push, UAE-headquartered Investment Holding Company Yas Holding has announced the launch of a new real estate division named ‘Taraf’, to bring a new standard of luxury, high-quality and uniquely crafted properties to residents and investors, in the UAE and beyond. As a...
Julphar Residence features a total of 266 apartments with a mix of studios, one- and two-bedroom units as well as a limited number of large three-bedroom apartments Rak Properties, the largest publicly-listed property developer in Ras Al Khaimah, has announced the launch of its latest residential project, Julphar Residence on Reem Island, Abu Dhabi. Julphar Residence features a total of 266...
Renting in UAE is easy and straightforward but you need to know the hidden costs. What not brokers tell you about when they take you for viewing are the extra fees you need to pay to be a tenant in the UAE. In this email, we will break down for you all that you need to know. Municipality fees for the Tawtheeq are only 50 dirhams, but there may be admin fees added on to this by the property...
2022 saw the return of the off-plan sale to Abu Dhabi. Several projects were launched, particularly on Saadiyat and even Yas Islands and by several developers, with old stalwarts like Aldar and Bloom leading the way against new upstarts like Q Holding and Baraka. A few of these schemes sold out on launch, but most did sell out quickly. It seems off-plan is popular again but is it worth investing in? So...
Literally living our best life… Global statistic database, Numbeo has published the result of its 2023 survey into the quality of life in various parts of the globe. The survey establishes an overall value for ‘quality of life’ based on a number of qualifying factors, aspects of life that contribute to an overall sense that ‘you know what, this place is actually pretty...
Aldar Properties (‘Aldar’) in partnership with Diamond Developers has launched The Sustainable City – Yas Island, a sustainability-centric community offering a new way of life for residents in Abu Dhabi. Aldar Properties (‘Aldar’) in partnership with Diamond Developers has launched The Sustainable City – Yas Island, a sustainability-centric community offering a new way of life for...
