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Abu Dhabi Real Estate News

Abu Dhabi Crowned Richest City with $1.7 Trillion

Abu Dhabi has claimed the title of the world's richest city, boasting a staggering $1.7 trillion in capital managed by its Sovereign Wealth Funds (SWFs) as of October 2024, according to Global SWF. This impressive figure includes key players like the Abu Dhabi Investment Authority (ADIA), Mubadala, Abu Dhabi Developmental Holding Company (ADQ), and more. A Leader in Wealth Management Following Abu...

Your Manual to Understanding Ownership Types in Abu Dhabi

Did you know that Abu Dhabi’s real estate market has a variety of ownership structures for both UAE nationals and foreign investors? While Freehold remains the most popular, each type—Usufruct, Musataha, or ADGM Leasehold—has its own unique advantages. Let’s break them down to give you a clearer picture of how the market works in our city. 1. Freehold OwnershipEver dreamed of fully owning your...

Abu Dhabi’s Mortgage Market Reaches New Heights with $3.7 Billion in Q3

The mortgage market in Abu Dhabi saw significant growth in the third quarter of 2024, with a 20% increase in transactions, amounting to AED13.5 billion across 2,594 deals. This marks the highest quarterly transaction volume the market has seen in several years. Dari, a leading digital platform catering to the real estate sector in Abu Dhabi, reported that the total value of real estate transactions during...

Abu Dhabi Fights Illegal Villa Rentals and Misuse of Housing Benefits

Abu Dhabi has ramped up its efforts to address violations of government housing regulations, including the unauthorized rental of villas and the establishment of unlicensed businesses within these properties. Announced on Tuesday, the crackdown will also target abandoned homes across the emirate. The Abu Dhabi Housing Authority (ADHA) and the Department of Municipalities and Transport (DMT) are...

Abu Dhabi is set to welcome its first-ever W Hotels branded residences.

Taraf, the real estate arm of Yas Holding, a UAE-based investment holding group, has partnered with Marriott International, Inc. to announce a significant development: W Residences Abu Dhabi – Al Maryah Island. This collaboration heralds the arrival of the exclusive W Hotels-branded residences in Abu Dhabi, a privilege reserved for a select few. It marks a significant milestone for both parties, with...

Aldar and Mubadala Unveil $8.1bn Joint Real Estate Management Deal in Abu Dhabi

Aldar Properties, Abu Dhabi's largest property developer, and Mubadala Investment Company are joining forces to create four joint ventures, managing real estate assets worth over Dh30 billion ($8.1 billion) across Abu Dhabi. The partnership, announced by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, will be structured with Aldar holding a 60% stake and Mubadala owning 40%. Leveraging Mubadala’s...

Property Scam Alert: How to Protect Yourself from Rental Frauds in Abu Dhabi

Ever scroll through property listings and feel like something’s off? Trust that instinct. The police in Abu Dhabi have recently warned about fake ads on social media and property websites, with fraudsters draining accounts after collecting personal details. No one wants to face this, but staying sharp helps you spot the traps before falling into them. Here’s how to protect yourself from these...

Dubai and Abu Dhabi Set Transparency Benchmarks in 2024 Global Real Estate Index

The UAE has achieved remarkable progress in enhancing transparency within the global real estate sector, with both Dubai and Abu Dhabi recognized among the top five global improvers in the 2024 Global Real Estate Transparency Index (GRETI), released by JLL. Dubai claimed the 3rd spot, while Abu Dhabi ranked 5th for their advancements from 2022 to 2024. These cities were noted for their strengthened...

How Abu Dhabi’s New Rental Index Could Skyrocket Your Rent!

Concerned your rent might be on the rise? With Abu Dhabi’s new Rental Index in play, it just might! This game-changing tool is shaking up the market, and you could see increases of up to 30%—depending on where you live. But why is this happening, and what does it mean for you? Let’s break it down and see what’s really going on. Landlords Are Using the Rental Index to Adjust Prices—Here’s...

Buyers, Don’t Pay Your Broker—Unless They’re Licensed

That’s right! In Abu Dhabi, under Law No. (3) of 2015, if your broker doesn’t have a valid license, you’re under no obligation to pay them. This isn’t just a technicality; using an unlicensed agent can void their commission and leave you without crucial protection. Imagine handling a major transaction without the safety net of a licensed professional. Let’s break it down so you’re fully...

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