Real Estate

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...

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...

Strong trade partnerships, event calendar & diverse experiences drive hotel occupancy to 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...

Jason Momoa is Yas Island Abu Dhabi’s newest chief island officer. The Hollywood star assumes the role after comedian Kevin Hart announced he was stepping down earlier this year. Hart first took on the role in May last year. “We are pleased to appoint Hollywood sensation Jason Momoa as the new chief island officer for Yas Island Abu Dhabi,” said Liam Findlay, chief executive of...

Investors in property or any other asset are looking for where their money will “work the hardest.” So you put your money to work making money, so you don’t have to. Now when it comes to the Ebb and Flow of the securities, bonds, FX, or Crypto markets, you just have to sit back and watch the ride, but the property has many more moving parts. So, given all these different aspects, is it better to...

Offer is available to both residents and non-residents The Abu Dhabi Islamic Bank (ADIB) has announced the launch of its first-ever plot financing offering. The scheme enables customers to purchase a piece of land for purpose of investment or to fulfill their homeownership goals. The offer, available to both residents and non-residents, allows buyers to purchase property or make plot handover...

Artificial Intelligence, Web3, and ChatGPT will soon disrupt the real estate market in the GCC as Web3 technology-powered start-ups are entering the property market in a big way. Tripler.com is the brainchild of Sam Singh, a UK-based British-Indian serial entrepreneur. - Supplied photo© Provided by Khaleej Times The real estate market in the GCC has been running in a manual mode...

6% reduction in service fee benefits the property owners and investors besides reducing the cost of owning a home in Abu Dhabi The UAE capital's real estate market recorded 19,033 transactions worth Dh77.6 billion in 2022. Experts say that the Abu Dhabi real estate thrived as the government policy actions benefit the sector and attract foreign investors towards the development projects. Referring...

A 49.9% increase! That is what off-plan sales grew by in 2022, according to CBRE – and 2023 looks to be even bigger. And it wasn’t the whole market that went up. Secondary transactions were up 25% in 2022, but prices increased only 4%. Off-plan was a rocket ship. So, what is happening, and who is doing it? Before 2022 only Aldar was launching off-plan projects with any regularity, selling out its...

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...