Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, has inaugurated Al Wathba housing project in the emirate. Spanning 875,000 square metres, the development provides 347 new homes for citizens and cost more than Dh1.1 billion. It includes 15 parks and four mosques with a capacity for 1,725 people, as well as allocated plots of land for commercial and community facilities. During the...
The development will become one of the first branded residence for the world-renowned Nobu hospitality brand in the Middle East Located on Mamsha Al Saadiyat, Saadiyat Island, Abu Dhabi, the Nobu Residences will offer 88 spacious apartments, providing a one-of-a-kind opportunity to live in a home that harmoniously blends Nobu’s Japanese design and hospitality with modern luxuries to showcase a...
Situated at the heart of the capital, Reem Hills stands as the only gated community on Abu Dhabi's prestigious Al Reem Island, focusing on exclusivity and well-being Q Properties has awarded a construction contract worth AED584 million ($159 million) to Trojan General Contracting for work on Phase I of Reem Hills’ 302 townhouses and 110 twin villas– all of which are sold out. The elegantly...
A unified Sale and Purchase Agreement for off-plan property has been introduced by the Department of Municipalities and Transport (DMT), the authority which regulates real estate in Abu Dhabi. These changes have been designed to enhance the clarity, transparency, and efficiency of off-plan real estate transactions in the Emirate. The New DMT Sale and Purchase Agreement has arisen from extensive...
Abu Dhabi – The Q3 2023 real estate report by Asteco, the UAE’s leading full service Real Estate company, highlights that Abu Dhabi's residential sales market is poised for an anticipated growth in the coming months, while Dubai’s real estate landscape remains marked by an ongoing momentum, defined by a continuous stream of new project launches. This growth is attributed by increasing housing...
Abu Dhabi Commercial Bank, the UAE’s third-largest lender by assets, said it has received a binding offer for a majority stake acquisition in Abu Dhabi Commercial Properties (ADCP), the lender’s wholly owned property management services subsidiary. The bank has received the offer from Nine Yards Plus Holding, a subsidiary of Abu Dhabi-based Ethmar International Holding (EIH), the company...
Abu Dhabi, the capital city of the United Arab Emirates, is known for its impressive skyline and stunning architecture. As the city continues to grow and evolve, so does its real estate landscape. In this blog post, we will explore some of the exciting upcoming real estate projects in Abu Dhabi that are set to reshape the city's skyline and offer new opportunities for investors and residents alike. 1....
It has the highest annual capital gains with villa prices rising 10.3% and apartment prices 4.7% according to a ValuStrat study for Q3 2023 Saadiyat Island continued to be the most sought-after destination for buyers and tenants, outperforming all other areas in the third quarter of 2023, according to a report published by international consultant firm ValuStrat. Saadiyat Island saw the...
This process is your go-to resource for navigating the intricate world of property rentals in this dynamic emirate. Whether you're a first-time tenant or a seasoned resident, this guide provides valuable insights and step-by-step information to help you successfully find, secure, and settle into your ideal rental property in Abu Dhabi. From understanding the diverse rental market to signing a lease and...
Abu Dhabi, the flourishing capital of the United Arab Emirates, is a city that offers a diverse range of housing options, from luxurious apartments with stunning sea views to cozy family villas in well-planned communities. Navigating the Abu Dhabi rental market can be both exciting and challenging, particularly if you're new to the city or the real estate scene. This comprehensive guide is designed to...
