Increased transactions, greater returns, spike in ownership, off-plan investments, new projects on the rise; 2023 wraps up with big wins for Dubai and Abu Dhabi’s property sector United Arab Emirates: Property Finder, the leading property portal in the MENA region, has reported substantial progress in Dubai and Abu Dhabi's real estate sectors for 2023. Significant achievements in 2023 include...
In an era where sustainability is at the forefront of global consciousness, Abu Dhabi is actively embracing eco-friendly living practices within its real estate sector. As a tenant in this vibrant city, there are numerous opportunities to contribute to a greener environment through conscious choices in your rental lifestyle. In this guide, we'll explore green leasing practices in Abu Dhabi, offering...
Transforming your Abu Dhabi rental into a personalized haven is an exciting endeavor that allows you to infuse your style and personality into your living space. While renting may come with certain restrictions, there are numerous creative and temporary ways to make your home uniquely yours. In this guide, we'll explore tips and ideas for decorating your Abu Dhabi rental, adding a touch of warmth and...
The UAE is renowned across the globe for its megaprojects. These are defined by the Project Management Institute as large-scale, complex ventures that typically cost more than $1 billion and take many years to build. They include mixed-use developments as well as infrastructure projects aimed at supporting urban planning. Every year, new megaprojects are launched in the UAE as ongoing ones...
Property buyers in the UAE, especially end-users, will increasingly opt for mortgages in 2024 as interest rates are expected to drop by up to 100 basis points. Real estate analysts say that changes in mortgage rates have a significant impact on buyers’ approach when it comes to buying property in the UAE. Amidst the continuous rise in rentals in the UAE, they note that many renters in the UAE could...
ABU DHABI, 28th December, 2023 (WAM) -- An economic report has highlighted the UAE topped Gulf Cooperation Council (GCC) countries, acquiring the highest share of the total value of real estate deals conducted during the first ten months of 2023, surpassing the expectations for the entire year of 2022. The report, issued today by Kamco Invest company indicated that the value of real estate deals in...
The transaction values Abu Dhabi Commercial Properties at AED 591 million Abu Dhabi: Abu Dhabi Commercial Bank (“ADCB”) has signed an agreement to divest 80% stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties (“ADCP”) to Nine Yards Plus Holding (“Nine Yards Plus”), a real estate subsidiary of EIH Ethmar International Holding PJSC...
Thousands of HNWIs have set up special-purpose vehicles in ADGM in recent years Thousands of high-net-worth individuals (HNWIs) have set up special-purpose vehicles (SPVs) in the Abu Dhabi Global Market (ADGM) in recent years, making the UAE capital the newest hub of billionaires looking to safeguard their assets, Bloomberg reported. Abu Dhabi’s financial centre now has more than 5,000 SPVs,...
Abu Dhabi: Abu Dhabi Airports announced today a deal between Abu Dhabi Airport Free Zone (ADAFZ) and Abu Dhabi based Grand Move, to develop a 35,000 square metre community mall in the new Al Falah district. The deal, sealed at the BIG5 construction event in Dubai, is structured as a Musataha agreement for a term of 29 years and carries an initial project investment of AED 65, 300,000. The Grand Move...
First of its kind luxury-branded property development by Jacob & Co. in Abu Dhabi Abu Dhabi, UAE: In a groundbreaking collaboration and a first for the UAE Capital, Nine Yards Plus Holding, the real estate holding arm of EIH Ethmar International Holding Group, has today announced a partnership with Jacob & Co., the renowned US jeweller and watchmaker – bringing a touch of opulence and...
Compare listings
Compare