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...
Dubai: The Abu Dhabi master-developer Aldar is bringing its considerable skills at creating mixed-use communities to Dubai, with the launch of ‘Haven by Aldar’ located in an area opposite Al Habtoor Polo Resort long the E611 stretch. Sales of the first lot of 462 upscale homes – out of an eventual 2,428 units – at Haven is set to start, with 3-bedroom townhouses starting Dh2.5 million and...
Net income in the three months to the end of September rose to $245 million amid record sales Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 48 per cent increase in third-quarter profit as revenue increased, driven by record development sales and strong contributions from its recurring income portfolio. Net profit for the three months to the end of September rose to about...
Abu Dhabi, United Arab Emirates: Bloom Holding, one of the UAE’s foremost real estate development companies, has won two Arabian Property Awards for its fully integrated and all-inclusive project in Abu Dhabi, Bloom Living. The master-planned community received awards for ‘Best Mixed-use Development’ and ‘Best Residential Development’. Each of the two awards categories welcomed hundreds of...
Being a landlord can be a rewarding experience, but it also comes with its fair share of challenges. One such challenge is the process of evicting a tenant when the need arises. Eviction is a delicate and legally regulated matter in Abu Dhabi, and it's essential to understand the process to ensure a smooth and lawful resolution. In this blog, we will provide a comprehensive guide on how to evict a tenant...
Abu Dhabi, the thriving capital of the United Arab Emirates, is witnessing a burgeoning demand for apartment living. Within this dynamic landscape, there's a noteworthy distinction between serviced apartments and traditional apartments. In this article, we'll delve into the rising demand for apartments in Abu Dhabi and provide a comparative analysis of serviced and traditional apartment options. The...
