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Real Estate

Bloom Starts Handover Of 181 Abu Dhabi Homes Ahead Of Schedule

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...

Abu Dhabi’s Aldar Buys Al Fahid Island, Plans $7bn Waterfront Development

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...

Abu Dhabi’s Yas Holding launches new real estate division, ‘Taraf’

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...

RAK Properties launches new residential project in Abu Dhabi

Julphar Residence features a total of 266 apartments with a mix of studios, one- and two-bedroom units as well as a limited number of large three-bedroom apartments Rak Properties, the largest publicly-listed property developer in Ras Al Khaimah, has announced the launch of its latest residential project, Julphar Residence on Reem Island, Abu Dhabi. Julphar Residence features a total of 266...

The Pros and Cons Of Buying Off-Plan

2022 saw the return of the off-plan sale to Abu Dhabi. Several projects were launched, particularly on Saadiyat and even Yas Islands and by several developers, with old stalwarts like Aldar and Bloom leading the way against new upstarts like Q Holding and Baraka. A few of these schemes sold out on launch, but most did sell out quickly. It seems off-plan is popular again but is it worth investing in? So...

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...

Aldar advances its position as a regional ESG leader with improved ratings across three global benchmarks

Aldar received an improved score of 16.1 on Sustainalytics' ESG risk assessment scale in 2022. Image Courtesy: Aldar Properties Aldar’s 2022 MSCI’s ESG Rating upgraded to ‘BBB’ from ‘BB’ in 2021 S&P Dow Jones Sustainability Index saw Aldar score 60 points in 2022 compared to 58 points in 2021 Abu Dhabi, UAE – Aldar Properties (‘Aldar’) has witnessed a robust year on year...

November 2022 recorded sales transactions worth AED 30.5bln, the highest ever since 2011

November 2022 recorded 10,941 sales transactions worth AED 30.5 billion In November 2022, the Off-plan Market witnessed the highest value of transactions in a decade by recording AED 12.7 billion for the first time. Annual rental contracts for November witnessed around a 7.5% increase YoY, whereas non-annual contracts recorded a slight increase of 1.1% MoM. Dubai, UAE: According to Property...

Importance Of Property Valuation

The question is always asked: why would you waste your money getting a property valuation? There is no need, it’s not worth the paper it is written on. Let’s examine what property valuation means and why you should consult a real estate company for your property valuation. An official property valuation is generally conducted on a request by a buyer’s bank when they’re looking to buy a...

Strong sales spur IMKAN to launch new projects ahead of schedule

Abu Dhabi real estate developer Imkan Properties, a subsidiary of Abu Dhabi Capital Group, will launch new projects ahead of schedule this year after reporting strong demand for its stunning portfolio of UAE projects.  The upscale developments in AlJurf and Makers District will be announced after a remarkable sales performance contributed to the sell-out of Pixel, Nudra and the first phase of...

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