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Abu Dhabi real estate robust on off-plan properties’ demand

The real estate market in Abu Dhabi showed strong performance in 2023, continuing the rise seen since the beginning of the Covid-19 pandemic. Transaction volumes, values and rents increased over the past year as demand remained robust, according to a report by ValuStrat.  Looking ahead, the outlook for 2024 remains positive, with analysts forecasting further price growth, especially for...

How Affordable Are Abu Dhabi, Dubai, Sharjah: Index Reveals Costliest Cities To Live In 2024

Despite an increase in cost of living in the past couple of years, Abu Dhabi, Dubai, and Sharjah have been deemed more affordable than other major cities in Asia, Europe and the US, according to data released by Numbeo, a global data provider on economic, social and safety areas. The cost of living in the three emirates ranks much lower than that of Zurich, Geneva, New York, Los Angeles, Oslo,...

Abu Dhabi real estate: Analysts identify top places to invest in apartments and villas, ROI of over 8% identified

Bayut identifies key property trends in Abu Dhabi in 2023, with data on best return on investment for apartments and villas across the city Abu Dhabi real estate investors saw returns of more than 8 per cent on selected properties in the city last year, according to data from the Bayut Annual Sales Report for Abu Dhabi in 2023. Property specialists Bayut released its Abu Dhabi annual...

Abu Dhabi ranked world’s safest city in 2024, Dubai on number four: Survey

Abu Dhabi has been ranked the safest city in the world for 2024, according to the online database Numbeo. Dubai ranked number four with Taiwan taking second place and Doha on third. The emirate was ranked highest in safety index – scoring 86.9 – and last in crime levels – with a score of 13.1. The Venezuelan city of Caracas had the lowest safety index score of 17.8 and highest...

Abu Dhabi reduced service charges by 6% on jointly owned properties last year

Abu Dhabi reduced service and community charges by 6 per cent last year for owners and investors in jointly owned properties, according to Abu Dhabi Real Estate Centre (Adrec). A total fee reduction of Dh39.7 million ($10.81 million) incentivised real estate buyers in the emirate, the Abu Dhabi Media Office reported on Wednesday, citing Adrec, a part of the Department of Municipalities and...

Aldar unveils new exclusive residential community nestled within the natural surrounds of Yas Park

Sama Yas is a luxury park living experience, featuring a collection of 234 apartments, duplexes, and penthouses. Culinary mastermind Chef Izu will curate an exclusive dining experience within the community and inspire the kitchen designs in each home. Set within Yas Park, the sophisticated residential community will offer stunning views and easy access to Yas Island, wider Abu Dhabi, and...

Indians, Russians and British buyers are Dubai’s top property investors in 2023

There was a significant increase in buyers from Egypt, Lebanon, Pakistan and Turkey Indian property investors surpassed Russians to claim the top position as the leading buyers of real estate in Dubai in 2023, according to latest data released by Betterhomes. The statistics reveal that the British and Russian buyers secured the second and third positions, respectively. This marks a shift from the...

Abu Dhabi real estate maintains momentum as transactions hit AED 1.9 billion in early 2024Read more

Abu Dhabi , January 13 (ANI/WAM): Real estate transactions in the Emirate of Abu Dhabi amounted to approximately AED 1.9 billion in the first two weeks of 2024, comprising 348 transactions of sales and mortgages on various types of real estate units. According to the "DARI" platform, affiliated with the Department of Municipalities and Transport in Abu Dhabi, the value of real estate mortgages in the...

Etisalat by e& partners with ADRES to support UAE’s real estate sector

DARI’s vision aims  to revolutionise the digital landscape of Abu Dhabi's real estate sector, aligning with the UAE’s vision to foster growth, competition and continued long-term success. Abu Dhabi: etisalat by e& today announced its partnership with Advanced Real Estate Services (ADRES) to enhance its products including DARI, Abu Dhabi's comprehensive digital real estate ecosystem,...

Virtual Tours: Exploring Properties from Your Couch

The evolution of technology has transformed the way we approach various aspects of life, including the exploration of real estate. In Abu Dhabi, the emergence of virtual tours has revolutionized the property search process, allowing prospective tenants to view and experience potential homes from the comfort of their own couch. In this guide, we'll delve into the world of virtual tours, highlighting the...

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