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Abu Dhabi Real Estate News

UAE’s residential market thrives: Strong performance persists into Q1 2024

In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at 2,795 Dubai – CBRE Middle East, the global leader in commercial real estate services and investments, released its latest edition of the UAE Residential Market Review for the first quarter of 2024. In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at...

Abu Dhabi named one of the best global cities to work in – beating New York and Singapore

Abu Dhabi residents, it’s time to let your pride shine through – our city has been named one of the top five global cities to work in.  The UAE capital beat the likes of Berlin, Singapore and Barcelona to the top five according to the prestigious Boston Consulting Group.  London topped the list for another year (it has retained the top spot since 2014), but the Middle East is gaining...

A Remarkable Role of Abu Dhabi’s Aldar in Q1 2024 Indicates Sharp Net Profit of 88% Exceeding Expectations

The latest outstanding outcomes that have been achieved by the property developer, Aldar in Abu Dhabi’s real estate market in UAE, emphasize the robustness and promising future that this real estate market will have, informs the CEO. Recently, the data collected by Abu Dhabi’s Aldar during the first quarter of 2024 has shown a rise in net profit of 1.6 Billion AED equals to around (436 million USD)...

Abu Dhabi to build $953mln housing for UAE citizens

Yas Canal residential project in Al Raha Beach gets approval from Crown Prince Abu Dhabi is set to build a new housing project worth AED 3.5 billion ($953 million) to deliver more than a thousand homes for UAE nationals. The launch of the Yas Canal residential project in Al Raha Beach, which will feature 1,146 villas, has been approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince...

Megaproject: A multi-billion eSports Island is coming to Abu Dhabi

It will be home to a new hotel, an arena and more… True Gamers has unveiled plans to develop the world’s first eSports Island in Abu Dhabi which includes a luxurious hotel (with a unique concept), high-tech venues for gaming tournaments, professional training facilities, content creation spaces, and more. True Gamers is the leading international network of eSports clubs, and the new...

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...

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