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Third phase of Q Properties’ Reem Hills luxury apartments sold out in less than 4 Hours

The project proved hugely popular with buyers and investors this year for being currently the largest on the Abu Dhabi market in a highly desirable neighborhood at a competitive price point Abu Dhabi, UAE : Q Properties – a leading UAE real estate developer and subsidiary of Q Holding – has announced the third phase of its Reem Hills luxury spacious 1-, 2- and 3-bedroom apartments has sold out in...

Bloom Holding begins construction work at Phase Two of Bloom Living, Toledo

This announcement follows the appointment of the main contractor for Bloom Living’s first phase, Cordoba, earlier this year Abu Dhabi – UAE: Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the appointment of Emirates Link Maltauro L.L.C. as the main contractor to carry out the construction works for Toledo, phase two of its fully integrated and...

Aldar estates acquires FAB Properties

ABU DHABI, 11th September, 2023 (WAM) -- Aldar Estates has announced the acquisition of FAB Properties, a UAE-based provider of property management services. The transaction will see Aldar Estates integrate a property management portfolio of 22,000 residential units across 600 properties within its expanding platform in the UAE. The acquisition of FAB Properties follows the recent announcement of Aldar...

Aldar sells out first phase of Gardenia Bay project in 24 hours

About 70 per cent of all buyers were under the age of 45, highlighting Gardenia Bay’s sustainability appeal to a younger generation. Aldar Properties, Abu Dhabi’s biggest listed developer, has said it sold out three buildings within 24 hours in the first phase of its latest sustainability-focused Gardenia Bay project in the emirate. About 23 per cent of sales were completed by...

Aldar Partners with midchains to facilitate Cryptocurrency Payments

We are excited to inform you that Aldar is now working with MidChains as a preferred cryptocurrency payment partner. Through this collaboration, Aldar is making it even more accessible for new and existing customers to purchase a home in the UAE, starting with Gardenia Bay. A MidChains representative will be present to support customers during the public sales launch which begins on 8 September at...

Property Finder reports: Dubai’s real estate market witnesses 25% YoY surge with AED 33.7bln in August 2023 transactions

August 2023 recorded transactions worth AED 33.7 billion, representing a 43% hike in value over the same month last year  The month witnessed 11,818 transactions, marking a 25% increase in volume compared to 9,450 transactions in August 2022  Existing properties sales saw a 10% YoY rise in value at AED 17 billion The value of off-plan property transactions doubles YoY to AED 17...

UAE creates federal authority for ‘commercial gaming’ as casino giants flock to Gulf Arab nation

DUBAI, United Arab Emirates (AP) — The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as “commercial gaming,” likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news agency carried an announcement late Sunday on the creation of the General Commercial...

Four months until UAE deadline for mandatory fire alarms in villas

Ministry of Interior urges homeowners to install detectors and subscribe to e-alert system before January 1 The deadline for homeowners to install smoke and fire detectors, and subscribe to the UAE e-alert system is January 1. Originally reported as September 1, the Ministry of Interior clarified that the initial cabinet order from September 2020 only took effect the following January when...

You’ll soon be able to stay in farmhouses in Abu Dhabi

Holiday homes policy now includes farm stays, caravans and RVs Feel like you’ve been there, done that with all the hotels and resorts in Abu Dhabi? We have good news, as you’ll soon be able to stay at farmhouses across the emirate. The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has updated its holiday homes policy to include farm stays, caravans, and RVs. Farm owners are...

Aldar launches Gardenia Bay, a new residential community in Yas Island

Aldar Properties announces 210 studios, one-, two- and three-bedroom apartments in the first phase of the development Abu Dhabi’s Aldar Properties launched Gardenia Bay, a residential community inspired by nature and waterfront living in Yas Island. In the first phase, 210 of the community’s 2,434 modern homes, including studios, one-, two-, and three-bedroom apartments, will be...

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