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Abu Dhabi Real Estate News

Jubail Island Starts First Phase Of Residential Plot Handover

While work begins on constructing private mansions, the company will be working to landscape the project’s public spaces and complete the construction of villas in time to meet the next tranche of property handovers scheduled for September 2023 UAE - Leading UAE developers Jubail Island Investment Company and Lead Development today (March 12) celebrated the official handover of the title deed of the...

UAE’s Abrahamic Family House to Open on March 1

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...

Abu Dhabi Office Rents Are Rising Amid Higher Employment, Growing Economy

Supply remains limited in UAE capital, while occupancy levels in prime buildings hover at 95%  Abu Dhabi’s strong economic rebound and expansion in employment levels are pushing office rents upwards in the UAE capital, according to a new report.  Leasing rates for office space in three out of the six prime submarkets in the UAE capital registered increases of 3.5% to 12% during 2022, Knight...

All 593 Homes In Key Phase Of Reem Hills Sold Out In Abu Dhabi

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...

Abu Dhabi Economy Growth Fastest In Mena At 10.5%

Abu Dhabi has launched a number of initiatives in recent years as it focuses on diversifying its economy away from oil The growth of Abu Dhabi's Gross Domestic Product (GDP) reached 10.5 per cent in the first nine months of 2022, the highest in the Mena region, compared to the same period of 2021, according to Statistics Centre - Abu Dhabi (SCAD). Through the provision of an enabling knowledge-based...

Aldar advances its position as a regional ESG leader with improved ratings across three global benchmarks

Aldar received an improved score of 16.1 on Sustainalytics' ESG risk assessment scale in 2022. Image Courtesy: Aldar Properties Aldar’s 2022 MSCI’s ESG Rating upgraded to ‘BBB’ from ‘BB’ in 2021 S&P Dow Jones Sustainability Index saw Aldar score 60 points in 2022 compared to 58 points in 2021 Abu Dhabi, UAE – Aldar Properties (‘Aldar’) has witnessed a robust year on year...

UAE leads GCC in Foreign Real Estate Investments

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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