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Real Estate News

Abu Dhabi Jubail Island Unveils New Secluded Waterfront Community

Marsa Al Jubail will offer 36 luxury villas in a private marina community on the island Abu Dhabi’s Jubail Island has unveiled a brand new secluded waterfront villa community. Marsa Al Jubail – announced by LEAD Development, on Wednesday, is a high-end marina villa community with 36 houses among the mangrove forests. Located in Marfaa Al Jubail village, the community features a...

Aldar Announces UAE’s First Wellness Residential Development

The apartments and penthouses launched by Aldar will be dedicated to holistic health and well-being. Aldar has announced the launch of the first-of-its-kind holistic health and well-being residential development in the UAE. ‘The Source’ is located in Saadiyat Grove. The development will feature 204 apartments and penthouses, designed with holistic health and well-being at its core. Residents...

Newly established Abu Dhabi-based Real Estate Developer “Nine Yards” Launches “Sea La Vie” a 2bln Dirham Project at Yas Bay

Newly established Abu Dhabi-based real estate developer “Nine Yards” launches “Sea La Vie” a 2bln Dirham project at Yas Bay Nine Yards formed as a collaboration between Ethmar International Holding and Al Nahda International Holding Creating cutting-edge residential projects in Abu Dhabi Offering a range of luxury homes from 1-4 bedroom apartments, lofts, townhouses, duplexes, and...

Artificial Intelligence, Web3, and ChatGPT are set to change GCC real estate

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...

Jubail Island Starts First Phase Of Residential Plot Handover

While work begins on constructing private mansions, the company will be working to landscape the project’s public spaces and complete the construction of villas in time to meet the next tranche of property handovers scheduled for September 2023 UAE - Leading UAE developers Jubail Island Investment Company and Lead Development today (March 12) celebrated the official handover of the title deed of the...

Abu Dhabi Records $21.14bln in Real Estate Transactions in 2022

Abu Dhabi's real estate sector recorded 9,010 sales transactions worth $6.40bln and 10,023 mortgage transactions worth $14.74bln ABU DHABI - The Department of Municipalities and Transport (DMT) has revealed that the UAE capital's real estate market recorded 19,033 transactions, reaching a total value of AED77.6 billion in 2022. As per the Department's reports, the emirate's real estate sector...

Abu Dhabi Property Owners Confident In The Capital’s Real Estate Market, YouGov Study Shows

Of the Abu Dhabi property owners surveyed, 67% said they would consider selling their units this year in return for a good premium Abu Dhabi: The majority of Abu Dhabi homeowners polled (82%) would reinvest in the property market if they sold their current unit in return for a good premium, according to a YouGov survey commissioned by Metropolitan Capital Real Estate (MCRE), a full-service leading...

Offplan Explodes in Abu Dhabi

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...

Abu Dhabi Office Rents Are Rising Amid Higher Employment, Growing Economy

Supply remains limited in UAE capital, while occupancy levels in prime buildings hover at 95%  Abu Dhabi’s strong economic rebound and expansion in employment levels are pushing office rents upwards in the UAE capital, according to a new report.  Leasing rates for office space in three out of the six prime submarkets in the UAE capital registered increases of 3.5% to 12% during 2022, Knight...

All 593 Homes In Key Phase Of Reem Hills Sold Out In Abu Dhabi

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...

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