Abu Dhabi announces Hudayriyat Island masterplan with Surf Abu Dhabi, Velodrome Abu Dhabi, giant urban park and more Abu Dhabi is set to embark on a major development of Hudayriyat Island. Modon Properties has revealed the highly anticipated masterplan for Hudayriyat Island. It will see a world class surfing attraction, velodrome and giant urban park built in the city as well as the...
Aldar Properties announces launch of wellness-inspired property in Abu Dhabi Aldar Properties has announced the launch of the second building at The Source, a residential community offering wellness-inspired living in the heart of Saadiyat Island in Abu Dhabi. The Source II follows on from the sell-out of the first building at The Source, a community specifically designed with residents’...
Dubai now holds the 18th spot, while Abu Dhabi is at the 43rd position on the Mercer’s Cost of Living 2023 survey. The Mercer’s Cost of Living 2023 survey has revealed that Dubai and Abu Dhabi have moved up in the rankings in terms of cost-of-living. Dubai now holds the 18th spot, while Abu Dhabi is at the 43rd position. Despite these changes, the UAE’s...
UAE Ministry of Finance issues cabinet decision on corporate tax rules for real estate investment The UAE has issued rules on whether income from real estate investments is subject to corporate tax in the country. The Ministry of Finance announced the rules in a cabinet decision, which clarifies rules on property across the United Arab Emirates. It outlines whether foreign companies and...
When it comes to lucrative investment opportunities, Yas Island stands out as a prime destination that combines luxury, entertainment and a promising return on investment. Located in Abu Dhabi, the capital of the United Arab Emirates, Yas Island has rapidly evolved into a global icon, attracting investors and tourists alike. In this blog, we will explore the compelling reasons why investing in Yas Island...
Now reinvigorated and reimagined, the Palm Jebel Ali has been part of the Dubai landscape for more than 20 years. Construction began in 2002 as part of a hugely ambitious series of artificial offshore islands that included Palm Jumeirah, The World and Palm Deira. At one stage, it was proposed some of the islands off the Palm Jebel Ali form the shape of a poem written by Sheikh Mohammed...
Abu Dhabi's real GDP growth accelerated to 9.3% in 2022 but is expected to be broadly flat in 2023 due to the OPEC+ agreement to cut oil production, S&P Global Ratings said in a new report. "We estimate economic growth will be broadly flat in 2023, with nonhydrocarbon sector growth of about 4%, partly due to tighter monetary policy conditions," Trevor Cullinan and other analysts said in the...
When it comes to selling your home, maximizing its value is a top priority. To ensure you get the best possible price, it's essential to implement effective selling strategies. In this blog post, we will explore some tried and tested techniques that can help you increase the value of your home and attract potential buyers. Enhance Curb Appeal: First impressions matter, and the exterior of your home...
Are you on the hunt for the perfect rental home in Abu Dhabi? Look no further! Let us introduce you to the incredible benefits of renting with us. Extensive Property Portfolio: Crompton Partners has an extensive selection of residential properties in Abu Dhabi, catering to various preferences and budgets. Whether you're seeking a cozy apartment, a luxurious villa, or a modern townhouse, we have...
Abu Dhabi is booming with record GDP growth as non-oil contributes 50 per cent The Abu Dhabi economy is the fastest growing in the Middle East and North Africa, with a remarkable 9.3 per cent growth last year. Non-oil sectors contributed 50 per cent of GDP last year, with real estate, healthcare and real estate all contributing to significant growth. The Statistics Centre – Abu...
