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...
Aldar received an improved score of 16.1 on Sustainalytics' ESG risk assessment scale in 2022. Image Courtesy: Aldar Properties Aldar’s 2022 MSCI’s ESG Rating upgraded to ‘BBB’ from ‘BB’ in 2021 S&P Dow Jones Sustainability Index saw Aldar score 60 points in 2022 compared to 58 points in 2021 Abu Dhabi, UAE – Aldar Properties (‘Aldar’) has witnessed a robust year on year...
There will be some exciting drivers for real estate in Abu Dhabi in 2023, pulling the market in very different directions. First, interest rates are set to rise further in 2023, which will undoubtedly depress mortgage borrowing. When it becomes more expensive to borrow, buyers who might have purchased will think twice. This will remove buyers from the market, and fewer buyers mean lower prices. A...
Crompton partners won at the 9th edition of the Property Finder Awards, the quality brokerage of the year award for Abu Dhabi. The Property finder Awards is an opportunity to shine the light on the success of those who worked tirelessly to build the real estate industry in the UAE, and participated into getting to where it is today. It recognizes those who ensure that trust is built among home seekers...
November 2022 recorded 10,941 sales transactions worth AED 30.5 billion In November 2022, the Off-plan Market witnessed the highest value of transactions in a decade by recording AED 12.7 billion for the first time. Annual rental contracts for November witnessed around a 7.5% increase YoY, whereas non-annual contracts recorded a slight increase of 1.1% MoM. Dubai, UAE: According to Property...
High and rising inflation is forcing interest rates for loans to rise. Here is a survival guide to adapt and survive the emerging harsh realities Worryingly, experts do not expect the central bank rate hikes to be enough to bring down inflation. Across the world, it is expected to remain substantially higher than levels that existed before the outbreak of the global pandemic in 2020. High inflation...
The question is always asked: why would you waste your money getting a property valuation? There is no need, it’s not worth the paper it is written on. Let’s examine what property valuation means and why you should consult a real estate company for your property valuation. An official property valuation is generally conducted on a request by a buyer’s bank when they’re looking to buy a...
The social media platform lays out a comprehensive roadmap for accessing the business and investment ecosystem as well as a portal to the emirate’s working and living environment Press Release November 3, 2022 SOCIAL MEDIA Abu Dhabi, United Arab Emirates: More than 300,000 people are benefitting from an Abu Dhabi know-how-platform, which aims to make living and investing in the capital a...
Aldar’s community has been designed with a series of residential clusters in three zones and each zone will feature homes with distinct architectural style Aldar Properties announced the launch of Saadiyat Lagoons, a nature-inspired residential community overlooking the Arabian Gulf. Here are 6 things you need to know about the developers‘ latest launch. 1. Hotspot location The...
