St Francis Church is one of three places of worship at the multi-faith centre The UAE's Abrahamic Family House will open to the public on March 1. Entry to the multi-faith place of worship, which houses a mosque, synagogue and church, will be free of charge, but bookings must be made in advance. The attraction's official website states that booking will be available online...
New phase boasts five clusters of luxury residential units Q Properties, a unit of UAE-based investment group Q Holding, has has announced that all available homes in its recently-launched phase of Reem Hills, an AED8 billion ($2.2 billion) gated community on Abu Dhabi's Al Reem Island, have been sold out. The new phase offers 593 residential units in all, including villas, twin villas and...
Arabian Business has revealed that Mohamed Alabbar, the Emaar founder and Americana chairman, will launch a new island project called Ramhan Island off the coast of Abu Dhabi. The project will include 1,800 beach villas, 1,000 branded residences, a hotel, and a marina, and will be developed by his privately owned Eagle Hills development company. Alabbar described the island as “natural, raw,...
Abu Dhabi has launched a number of initiatives in recent years as it focuses on diversifying its economy away from oil The growth of Abu Dhabi's Gross Domestic Product (GDP) reached 10.5 per cent in the first nine months of 2022, the highest in the Mena region, compared to the same period of 2021, according to Statistics Centre - Abu Dhabi (SCAD). Through the provision of an enabling knowledge-based...
Les Vagues residences by Elie Saab. Applying technology creatively to real estate investing in the UAE can help the sector scale new heights. (Supplied) While the global paradigm shift to digital is evident, UAE and the region in their quest for economic diversification have set their pace for digitalization on overdrive on the back of concerted government efforts to bring in strategic digital...
The UAE real estate sector continues to grow with off-plan property sales hitting AED12.1bn Dubai’s real estate sector continues to grow with off-plan property sales hitting AED12.1bn ($3.3bn) in the first month of the year, according to ZāZEN Properties. According to a statement from the sustainable property developer, more than 9,800 sales transactions were registered in January. This...
Aldhay was completed six months ahead of its scheduled handover date Leading UAE real estate developer Bloom Holding has announced that it has begun the handover of its 181-unit residential project Aldhay - the fifth phase of the gated community project Bloom Gardens - located on the Eastern Mangrove Corniche in Abu Dhabi. Aldhay was completed six months ahead of its scheduled handover date, which...
Aldar Properties is developing a new waterfront community after buying Al Fahid Island in Abu Dhabi Abu Dhabi’s Aldar Properties has bought land between Yas Island and Saadiyat Island and is planning a new waterfront community in the emirate. When complete the $7bn development will overlook iconic Abu Dhabi mangroves and an almost 5km stretch of beach land. Aldar acquired Al Fahid...
The economic recovery, aided by higher oil prices and a revival in tourism and trade, resulted in a significant increase in inward investment Abu Dhabi – According to the Asteco 2022 Q4 real estate report, the UAE has demonstrated an impressive level of resilience in the aftermath of the COVID pandemic in 2022. The economic recovery, aided by higher oil prices and a revival in tourism and trade,...
Taraf will introduce five thoughtfully designed properties in the UAE during 2023 In a diversification and growth push, UAE-headquartered Investment Holding Company Yas Holding has announced the launch of a new real estate division named ‘Taraf’, to bring a new standard of luxury, high-quality and uniquely crafted properties to residents and investors, in the UAE and beyond. As a...
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