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Bloom Holding Begins Early Handover of Cordoba Villas in Abu Dhabi

Leading UAE property developer, Bloom Holding, has started the handover of homes in Cordoba, marking the first phase of Bloom Living, a master-planned community in Abu Dhabi. The handover process began earlier than the expected delivery date of December 2024, involving 257 residential units. These include a range of modern three- to six-bedroom standalone villas and two- to three-bedroom townhouses,...

Aldar Launches Yas Riva: Luxurious Waterfront Living on Yas Island

Aldar Properties has officially introduced Yas Riva, a premier villa community on Yas Island, offering potential homeowners both canal-front and canal-accessible properties designed to provide a serene, luxurious living experience by the water. Nestled among top-tier attractions, Yas Riva creates an elegant and peaceful lifestyle where attention to detail transforms the waterfront into a natural extension...

Buyers, Don’t Pay Your Broker—Unless They’re Licensed

That’s right! In Abu Dhabi, under Law No. (3) of 2015, if your broker doesn’t have a valid license, you’re under no obligation to pay them. This isn’t just a technicality; using an unlicensed agent can void their commission and leave you without crucial protection. Imagine handling a major transaction without the safety net of a licensed professional. Let’s break it down so you’re fully...

Abu Dhabi Launches First Official Rental Index: How to Check Current Rates in Your Area

On Tuesday, Abu Dhabi unveiled its first official rental index, developed by the Abu Dhabi Real Estate Centre (ADREC), the regulator of the capital's real estate sector. This platform, designed for tenants and landlords, aims to enhance market transparency, provide indicative rental values, and support the stability of Abu Dhabi's growing real estate market. It offers quarterly rental price estimates...

Abu Dhabi’s H1 2024 Secondary Market: A Record-Breaking Surge in Property Transactions

Did you know that in the first half of 2024, property transactions in Abu Dhabi soared to an impressive 36.2 billion AED? According to Crompton Partners’ report, this marks a significant uptick compared to the second half of 2023, driven by strategic government initiatives and a remarkable 225% surge in foreign investment. The real estate landscape here is evolving rapidly, offering lucrative...

3 Reasons Why You Should Invest in the Safest City in the World

Abu Dhabi is setting the bar sky-high as the safest city globally, boasting an impressive 88.2 on Numbeo’s safety index. But what does this mean for you as an investor?  Key reasons why this city's unmatched safety can pave the way for your ultimate success: Stability Means Steady Returns Imagine investing in a market where crime is nearly nonexistent—Abu Dhabi's crime index is just 11.8!...

Why UAE’s New Lottery License Could Transform Real Estate

Ever wondered how a national lottery could shake up the UAE? Well, it’s happening right now! The Game LLC just got the country's first-ever lottery license, and it's a significant development! Backed by the General Commercial Gaming Regulatory Authority (GCGRA), this move is sparking excitement across all seven emirates. But here’s the key point: it’s not just about adding another entertainment...

Rising Demand in Abu Dhabi: Waiting Lists Grow as Rentals Hit Record Occupancy

Occupancy levels in several residential areas of Abu Dhabi are reaching unprecedented heights, with some properties, especially in the prime and luxury segments, maintaining waiting lists for prospective tenants. High-end developments, particularly those in waterfront locations like Al Raha Beach, Saadiyat, Yas, and Reem Islands, continue to be in high demand. Landlords in these regions are experiencing...

The UAE is Expected to Attract 6,700 Millionaires by the End of 2024

Is the UAE the new global hotspot for the world's wealthy? With a booming economy and an unmatched lifestyle, it's no wonder this country has been crowned the world's leading millionaire magnet for three consecutive years. Let’s dive into what makes it a top choice for high-net-worth individuals. Impact of Wealth Migration on the UAE The influx of wealthy individuals has truly transformed the UAE....

The Ultimate Guide to Buying Off-Plan Properties in Abu Dhabi and Protecting Your Interests

With off-plan sales in Abu Dhabi skyrocketing to an impressive 8.2 billion this year, more investors are eyeing this opportunity. But how do you ensure your investment is safe? Here’s everything you need to know. Why Off-Plan Properties Are Gaining Popularity Why are off-plan properties in Abu Dhabi grabbing so much attention right now? Let's break it down. By purchasing a property before it's...

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