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Abu Dhabi starts work on key phase of $523mln villa project

The key development will feature 899 residential villas as well as other key amenities 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...

Abu Dhabi Real Estate History- From Rags to Riches

The UAE is a young country, and the story of the evolution of real estate in its largest Emirate is short but eventful. The book From Rags to Riches by Mohammed Al Fahim gives us the first fascinating glimpse into how the ownership of real estate really began. It was the wish of Sheikh Zayed bin Sultan that every citizen have three pieces of land. One for a house to live in, one for a shop to make money...

Abu Dhabi ranked as world’s safest city for the sixth consecutive time

Literally living our best life… Global statistic database, Numbeo has published the result of its 2023 survey into the quality of life in various parts of the globe. The survey establishes an overall value for ‘quality of life’ based on a number of qualifying factors, aspects of life that contribute to an overall sense that ‘you know what, this place is actually pretty...

A New Way of Living Unveiled in Abu Dhabi With Launch of the Sustainable City – Yas Island

Aldar Properties (‘Aldar’) in partnership with Diamond Developers has launched The Sustainable City – Yas Island, a sustainability-centric community offering a new way of life for residents in Abu Dhabi. Aldar Properties (‘Aldar’) in partnership with Diamond Developers has launched The Sustainable City – Yas Island, a sustainability-centric community offering a new way of life for...

Quality Brokerage Of The Year 2022 Goes to Crompton Partners

Crompton partners won at the 9th edition of the Property Finder Awards, the quality brokerage of the year award for Abu Dhabi. The Property finder Awards is an opportunity to shine the light on the success of those who worked tirelessly to build the real estate industry in the UAE, and participated into getting to where it is today. It recognizes those who ensure that trust is built among home seekers...

How to manage rising loan interest rates

High and rising inflation is forcing interest rates for loans to rise. Here is a survival guide to adapt and survive the emerging harsh realities Worryingly, experts do not expect the central bank rate hikes to be enough to bring down inflation. Across the world, it is expected to remain substantially higher than levels that existed before the outbreak of the global pandemic in 2020. High inflation...

UAE leads GCC in Foreign Real Estate Investments

UAE leads GCC in foreign real estate investments Filed on September 24, 2019 | Originally published on khaleejtimes.com UAE property offers higher returns than Far East markets. The UAE leads the Gulf region in terms of investments in the real estate abroad, said Richard Divall, head of cross-border capital markets at Colliers International EMEA. In total, the Gulf investors invested more than ?3.9...

58% of UAE residents plan to invest in property in the next 12 months

Around six in 10 UAE residents plan to invest in property in the UAE or overseas, making real estate the most popular investment class, a new survey found. Fifty-eight per cent are keen on investing in real estate in the next year – an increase on last year’s study, with the United States, United Kingdom and Australia the most popular locations, according to a YouGov poll of 1,000 residents from...

Why do some real estate agents get such a bad rap?

As much as UAE residents love their life in the Emirates, they also enjoy complaining. Trawl any social media platform and you will find numerous complaints about bad real estate brokers. But are they really any worse than other professionals in the country? Here are a few reasons why brokers get such a bad rep: How fees are paid In most parts of the world, brokers help landlords rent out or sell their...

Why the obsession with real estate in the UAE?

The property market is a source of fascination for both residents and international investors As soon as someone finds out I work in real estate in the UAE they invariably ask how the market is doing. "Is it up, down, when is it going to change direction, is now the right time to invest?" they will ask along with many more questions. I never received this level of interest when I was a lawyer. People...

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