Where in the world is the best place to live as expats? According to a recent HSBC survey, the answer is the United Arab Emirates, which offers the best lifestyle to expatriates. The results were chosen based on factors, such as quality of life, personal finances and ease of settling in. The survey shed light on why people decide to move abroad and what problems they face when they...
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...
St Francis Church is one of three places of worship at the multi-faith centre The UAE's Abrahamic Family House will open to the public on March 1. Entry to the multi-faith place of worship, which houses a mosque, synagogue and church, will be free of charge, but bookings must be made in advance. The attraction's official website states that booking will be available online...
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...
Arabian Business has revealed that Mohamed Alabbar, the Emaar founder and Americana chairman, will launch a new island project called Ramhan Island off the coast of Abu Dhabi. The project will include 1,800 beach villas, 1,000 branded residences, a hotel, and a marina, and will be developed by his privately owned Eagle Hills development company. Alabbar described the island as “natural, raw,...
The residences feature 130 units comprising studios, one-bedroom, two-bedroom, and three-bedroom apartments February 13, 2023 MIDDLE EASTUAEREAL ESTATE InterContinental Abu Dhabi has launched its brand-new residences scheduled to open in the first quarter of the year in the neighbourhood of Al Bateen district, a stone’s throw from some of the central business and leisure facilities. The...
The UAE real estate sector continues to grow with off-plan property sales hitting AED12.1bn Dubai’s real estate sector continues to grow with off-plan property sales hitting AED12.1bn ($3.3bn) in the first month of the year, according to ZāZEN Properties. According to a statement from the sustainable property developer, more than 9,800 sales transactions were registered in January. This...
If you are working with a company where you can’t talk to someone about your rent reduction, here is how you send the request.
This is a very neat trick for property sellers. If you are a genuine seller, to find out where the market is and you want to sell your unit you are going to contact your broker. You are going to have a communication with the broker about the value of your property. Then you will be unhappy with the broker’s valuation. You will think that your property is worth more, that is an absolutely natural...
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...
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