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Abu Dhabi Real Estate News

Two new beach developments set to open on Yas Bay Waterfront

Expect plenty of family-friendly activities… Can’t get enough of the beach? We have good news for you. Miral has just announced the development of two beaches at Yas Bay Waterfront on Yas Island further adding to the existing lifestyle and leisure activities on the popular island. The beaches will span a length of 280 meters each, adding a total of 560 meters worth of beachfront fun to Yas...

ADREC signs MOU with Bayut and Property Finder to enhance transparency and efficiency in Abu Dhabi’s real estate sector

Abu Dhabi, UAE: The Abu Dhabi Real Estate Centre (ADREC) – the custodian and regulator of the Abu Dhabi’s world-class real estate sector – has signed a Memorandum of Understanding (‘MoU’) with two leading real estate portals, Bayut and Dubizzle and Property Finder, to enhance transparency, efficiency, and decision-making in Abu Dhabi's real estate sector. ADREC Acting...

Abu Dhabi real estate developer launches Ville 11 in Masdar City

New Abu Dhabi real estate development introduces 111 residential units to Masdar City An Abu Dhabi real estate developer has launched 111 new homes for sale at Masdar City in the UAE. Burtville Real Estate has announced the launch of “Ville 11” in Masdar City, Abu Dhabi. Ville 11 in Masdar City, Abu Dhabi The project will make a new addition to their portfolio of real estate...

Aldar Properties to invest Dh5 billion in developing new assets in Abu Dhabi

New assets will be delivered between 2025 and 2027 Aldar Properties will invest Dh5 billion to deliver new commercial, retail, and hospitality assets in key destinations of Abu Dhabi. The new assets, which will be held in the company’s investment portfolio, will be delivered in a phased manner between 2025 and 2027. Through these projects, the Abu Dhabi-headquartered real estate firm seeks to...

UAE property market not affected by regional geopolitical issues, says expert

Group chief investment officer at Emirates NBD Group speaks to Khaleej Times about long-term outlook in the country. How much is the UAE real estate market affected by regional geopolitical tension? Not at all, according to experts. “The long-term outlook is absolutely brilliant because UAE is next Switzerland. There's no question about the fact that even having geopolitical tensions around is not an...

How Affordable Are Abu Dhabi, Dubai, Sharjah: Index Reveals Costliest Cities To Live In 2024

Despite an increase in cost of living in the past couple of years, Abu Dhabi, Dubai, and Sharjah have been deemed more affordable than other major cities in Asia, Europe and the US, according to data released by Numbeo, a global data provider on economic, social and safety areas. The cost of living in the three emirates ranks much lower than that of Zurich, Geneva, New York, Los Angeles, Oslo,...

Abu Dhabi real estate: Analysts identify top places to invest in apartments and villas, ROI of over 8% identified

Bayut identifies key property trends in Abu Dhabi in 2023, with data on best return on investment for apartments and villas across the city Abu Dhabi real estate investors saw returns of more than 8 per cent on selected properties in the city last year, according to data from the Bayut Annual Sales Report for Abu Dhabi in 2023. Property specialists Bayut released its Abu Dhabi annual...

Abu Dhabi reduced service charges by 6% on jointly owned properties last year

Abu Dhabi reduced service and community charges by 6 per cent last year for owners and investors in jointly owned properties, according to Abu Dhabi Real Estate Centre (Adrec). A total fee reduction of Dh39.7 million ($10.81 million) incentivised real estate buyers in the emirate, the Abu Dhabi Media Office reported on Wednesday, citing Adrec, a part of the Department of Municipalities and...

Aldar unveils new exclusive residential community nestled within the natural surrounds of Yas Park

Sama Yas is a luxury park living experience, featuring a collection of 234 apartments, duplexes, and penthouses. Culinary mastermind Chef Izu will curate an exclusive dining experience within the community and inspire the kitchen designs in each home. Set within Yas Park, the sophisticated residential community will offer stunning views and easy access to Yas Island, wider Abu Dhabi, and...

Indians, Russians and British buyers are Dubai’s top property investors in 2023

There was a significant increase in buyers from Egypt, Lebanon, Pakistan and Turkey Indian property investors surpassed Russians to claim the top position as the leading buyers of real estate in Dubai in 2023, according to latest data released by Betterhomes. The statistics reveal that the British and Russian buyers secured the second and third positions, respectively. This marks a shift from the...

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