The virtual world will launch in the first quarter of 2023 Abu Dhabi’s Yas Island is set to launch a metaverse in the first quarter of 2023, according to an Arabian Business source. The project will be led by real estate developer and investment firm Aldar Properties, the source said, adding that Yas Island’s new metaverse will allow users to buy property in the always-on virtual...

Rent Dispute Settlement Committees fall under the Abu Dhabi Judicial Department (ADJD) and in order to file a case you need to first visit an Enjaz centre. Enjaz centres are the customer happiness centres for ADJD and provide services like typing and filing cases, receiving court judgements for non-criminal cases, attesting transactions, entering data for court services and notarising public...

Abu Dhabi real estate developer Imkan Properties, a subsidiary of Abu Dhabi Capital Group, will launch new projects ahead of schedule this year after reporting strong demand for its stunning portfolio of UAE projects.  The upscale developments in AlJurf and Makers District will be announced after a remarkable sales performance contributed to the sell-out of Pixel, Nudra and the first phase of...

The contractor will commence enabling works in September ahead of the launch of the community’s second phase, marking a major milestone in the development of Bloom Living Staff Writer, TradeArabia August 24, 2022 UAEGCC COUNTRIESCONSTRUCTIONREAL ESTATE UAE - Leading real estate development company, Bloom Holding, has signed up Edra for Emirates as the first contractor for enabling works...

The homes at Yas Park Gate are designed to achieve a two-pearl rating, as per the UAE’s Estidama sustainability rating system. Aldar Properties (Aldar) has announced the launch of Yas Park Gate, a gated community next to Yas Park, a family and recreational activity park in Abu Dhabi. As part of the second phase of North Yas, the Dhs1.15bn residential development will complement the existing...

Article 20(3) of the 2006 Tenancy Law States that “In the event that either party does not wish to renew the lease, or wishes to amend the conditions of the lease, that party shall notify the other party in writing two months prior to the date of the lease’s expiry, for residential property”. The notice period for commercial is two months. So, it should be noted that leases in Abu Dhabi are...

Article 20(3) of the 2006 Tenancy Law States that “In the event that either party does not wish to renew the lease, or wishes to amend the conditions of the lease, that party shall notify the other party in writing two months prior to the date of the lease’s expiry, for residential property”. The notice period for commercial is two months. So, it should be noted that leases in Abu Dhabi are...

Occupancy rate in the city stood at an average of 81% in the second quarter Abu Dhabi residential property rents fell to their lowest since 2016 in the second quarter, according to a new report from property consultancy ValuStrat. The ValuStrat Price Index (VPI) for Abu Dhabi Rental Values dropped 3.4 per cent quarter-on-quarter to 72.3 points, 27.7 per cent below 2016 levels. The index is...

The index measured transparency in 156 cities in 94 countries Abu Dhabi’s real estate market has been recognised as one of the top global improvers in 2022 in the latest Global Real Estate Transparency Index (GRETI) by JLL International. The report, published by the world’s leading real estate advisory firm JLL, measured transparency in 156 cities in 94 countries. The index is an essential tool...

Likes of Aldar and Bloom have ramped up offplan releases amidst solid demand Published:  July 22, 2022 10:39 Gulf News Report    Yas and Saadiyat islands have been helped by a series of launches through the period. Aldar has had a couple of launches near the cultural landmarks.Image Credit: Reuters Dubai: Steady offplan launches and a deep well of demand were enough for Abu...