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Newly established Abu Dhabi-based Real Estate Developer “Nine Yards” Launches “Sea La Vie” a 2bln Dirham Project at Yas Bay

Newly established Abu Dhabi-based real estate developer “Nine Yards” launches “Sea La Vie” a 2bln Dirham project at Yas Bay Nine Yards formed as a collaboration between Ethmar International Holding and Al Nahda International Holding Creating cutting-edge residential projects in Abu Dhabi Offering a range of luxury homes from 1-4 bedroom apartments, lofts, townhouses, duplexes, and...

Artificial Intelligence, Web3, and ChatGPT are set to change GCC real estate

Artificial Intelligence, Web3, and ChatGPT will soon disrupt the real estate market in the GCC as Web3 technology-powered start-ups are entering the property market in a big way. Tripler.com is the brainchild of Sam Singh, a UK-based British-Indian serial entrepreneur. - Supplied photo© Provided by Khaleej Times The real estate market in the GCC has been running in a manual mode...

Service Fee Cut Drives Abu Dhabi’s Real Estate in 2022

6% reduction in service fee benefits the property owners and investors besides reducing the cost of owning a home in Abu Dhabi The UAE capital's real estate market recorded 19,033 transactions worth Dh77.6 billion in 2022. Experts say that the Abu Dhabi real estate thrived as the government policy actions benefit the sector and attract foreign investors towards the development projects. Referring...

Aldar Unveils 1,050-Unit Freehold Luxury Property in Abu Dhabi

630 of the development's 1,050 units will be available for purchase during the first phase of the launch UAE-based Aldar Properties has announced the launch of Reeman Living, a freehold residential development in the Al Shamkha neighborhood of Abu Dhabi, that offers bespoke design elements and colour palettes, efficient storage spaces, and an adaptable environment. Open to buyers of all...

Q Holding and Egypt’s Ora to Build a Smart City in Abu Dhabi’s Ghantoot

Boating along the Corniche in Abu Dhabi. A number of new building projects have been launched in recent months. Khushnum Bhandari / The National Abu Dhabi investment company Q Holding and Egypt's Ora Real Estate Development Group have signed a partnership agreement to develop a smart and sustainable city in the Ghantoot area of the UAE capital. The mixed-use project will span more than 20 million...

Jubail Island Starts First Phase Of Residential Plot Handover

While work begins on constructing private mansions, the company will be working to landscape the project’s public spaces and complete the construction of villas in time to meet the next tranche of property handovers scheduled for September 2023 UAE - Leading UAE developers Jubail Island Investment Company and Lead Development today (March 12) celebrated the official handover of the title deed of the...

UAE Has World’s Best Expats Lifestyle, According to Latest Survey

Where in the world is the best place to live as expats? According to a recent HSBC survey, the answer is the United Arab Emirates, which offers the best lifestyle to expatriates. The results were chosen based on factors, such as quality of life, personal finances and ease of settling in. The survey shed light on why people decide to move abroad and what problems they face when they...

Aldar, MOCCAE launch Real Estate Climate Pledge to support UAE Net Zero strategic initiative

ABU DHABI, 8th March, 2023 (WAM) – Aldar Properties (Aldar) and the Ministry of Climate Change and Environment (MOCCAE) recently co-hosted a real-estate focused National Dialogue for Climate Ambition (NDCA) meeting where 29 real-estate and construction companies from across the UAE signed Aldar and MOCCAE’s Real Estate Climate Pledge (the Pledge) By signing the Pledge, an initiative co-sponsored by...

UAE: ‘Credit Passports’ Make It Easy For New Expats In UAE

New expatriates in the UAE can avail of quick and easy loans and other financial services, thanks to an initiative being billed as a 'credit passport'. The initiative will enable newcomers to leverage their home country's credit history when applying for financial services upon arrival to the UAE. The move is also expected to give a fillip to the retail banking sector. Al Etihad Credit Bureau (AECB)...

Abu Dhabi Records $21.14bln in Real Estate Transactions in 2022

Abu Dhabi's real estate sector recorded 9,010 sales transactions worth $6.40bln and 10,023 mortgage transactions worth $14.74bln ABU DHABI - The Department of Municipalities and Transport (DMT) has revealed that the UAE capital's real estate market recorded 19,033 transactions, reaching a total value of AED77.6 billion in 2022. As per the Department's reports, the emirate's real estate sector...

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