Aldar Properties, Abu Dhabi's largest property developer, and Mubadala Investment Company are joining forces to create four joint ventures, managing real estate assets worth over Dh30 billion ($8.1 billion) across Abu Dhabi. The partnership, announced by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, will be structured with Aldar holding a 60% stake and Mubadala owning 40%. Leveraging Mubadala’s...
Imagine finding out that the dream of owning a property in the UAE is becoming more attainable. Thanks to dropping mortgage rates, this dream is now closer to reality for many potential homeowners. With the real estate market evolving, homebuyers must understand these trends and how they affect property investments. Current Mortgage Landscape in the UAE What would you feel if you were planning to go...
ABU DHABI, 28th December, 2023 (WAM) -- An economic report has highlighted the UAE topped Gulf Cooperation Council (GCC) countries, acquiring the highest share of the total value of real estate deals conducted during the first ten months of 2023, surpassing the expectations for the entire year of 2022. The report, issued today by Kamco Invest company indicated that the value of real estate deals in...
With an aim to establish a joint development project at Al Reem Island in Abu Dhabi Dubai, UAE: Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), and Arady Properties – PSC, an Abu Dhabi-based real estate company, have signed a Memorandum of Understanding with an aim to establish a joint development...
Abu Dhabi, with its dynamic blend of modernity and tradition, offers a diverse range of neighbourhoods that cater to the varying tastes and preferences of its residents. Whether you're a young professional seeking a vibrant city life or a family looking for a tranquil suburban setting, Abu Dhabi has it all. In this guide, we'll highlight some of the trendiest neighbourhoods for renters, each with its...
The Dubai real estate market has continued to significantly outperform many of its worldwide peers Abu Dhabi: – The Q2 2023 report by Asteco, the UAE’s leading full-service Real Estate company, revealed remarkable trends in the real estate markets of Abu Dhabi and Dubai. Both Emirates demonstrated great resilience in the face of rising interest rates and inflation. The Dubai real estate market has...
UAE Cabinet resolution expands ADGM’s jurisdiction to Al Reem island in addition to its current jurisdiction in Al Maryah island creating one of the largest concentrated Financial Districts in the world with a combined geographic area of 1438 hectares (~14377774.9 sqm). The expansion of ADGM’s jurisdiction stands as a testament to it being the fastest-growing IFC in the region, in addition to its...
ABU DHABI, 3rd May, 2023 (WAM) - The real estate sector in Abu Dhabi has continued its growth trajectory in the first quarter of this year, with 5,472 property sales and mortgages recorded worth AED 27.9 billion, compared to 3,304 transactions worth AED 11.3 billion during the same period in 2022, according to official data released by the Department of Municipalities and Transport (DMT). The value of...
Abu Dhabi has announced that work has begun on the third phase of Al Falah housing project, coming up on a 2.1 million sq m area at a total investment of over AED1.92 billion ($523 million). The key development will feature 899 residential villas as well as other key amenities as well as allocated plots of land for commercial and community facilities. The expansion of Al Falah is the latest phase...
Strong trade partnerships, event calendar & diverse experiences drive hotel occupancy over 70 percent in 2022 Abu Dhabi, UAE – Ahead of Arabian Travel Market 2023, the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced new performance targets for Abu Dhabi, which include plans to attract more than 24 million visitors to the emirate by the end of 2023. His Excellency...
Compare listings
Compare