Aldar, IHC and Adnec team up to create property and facilities management giant Aldar, IHC and Adnec are set to team up to form a new property and facilities management giant with a portfolio of 135,000 properties in the region. Eltizam Asset Management Group, which is jointly owned by IHC and ADNEC Group, will merge with Aldar Estates. Aldar will hold a majority stake and retain control of...
RAK Properties plans to launch four new residential projects and a hotel project in Ras Al Khaimah this year and aims to surpass last year’s profitability on the back of higher sales, its chief executive has said. The value of the projects will be “in the billions of dirhams”, Sameh Al Muhtadi told The National in an interview. The new projects consisting of branded...
When it comes to real estate projects, having access to accurate and up-to-date information is crucial for both buyers and sellers. Dari, the Digital Real-Estate Ecosystem, has emerged as a comprehensive platform that provides valuable insights into projects, including essential details about escrow accounts and service charges. In this blog, we will explore how Dari serves as a reliable source of project...
Investing in real estate is a popular choice for many individuals, and in Abu Dhabi, the market offers a unique opportunity through off-plan properties. Off-plan properties refer to properties that are purchased before they are completed, offering several advantages to investors. In this blog post, we will explore the benefits of buying off-plan properties in Abu Dhabi and why it can be a lucrative...
Introduction: When it comes to purchasing a property, the decision between buying a ready-made villa or buying a plot and building your villa can be a crucial one. While both options have their merits, this blog post aims to highlight the advantages of building your villa on a plot, offering you a unique and tailored living experience. Unparalleled Customization: Building your villa provides you...
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, 3rd May, 2023 (WAM) - The real estate sector in Abu Dhabi has continued its growth trajectory in the first quarter of this year, with 5,472 property sales and mortgages recorded worth AED 27.9 billion, compared to 3,304 transactions worth AED 11.3 billion during the same period in 2022, according to official data released by the Department of Municipalities and Transport (DMT). The value of...
Strong trade partnerships, event calendar & diverse experiences drive hotel occupancy over 70 percent in 2022 Abu Dhabi, UAE – Ahead of Arabian Travel Market 2023, the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced new performance targets for Abu Dhabi, which include plans to attract more than 24 million visitors to the emirate by the end of 2023. His Excellency...
The key development will feature 899 residential villas as well as other key amenities Abu Dhabi has announced that work has begun on the third phase of Al Falah housing project, coming up on a 2.1 million sq m area at a total investment of over AED1.92 billion ($523 million). The key development will feature 899 residential villas as well as other key amenities as well as allocated plots of land...
Property sales in Abu Dhabi and Dubai surged in the first quarter of this year compared with the same period a year ago as the UAE’s property market continues to rebound strongly from the coronavirus pandemic. Abu Dhabi’s total sales transactions value for the three months to the end of March surged more than three times to Dh11.6 billion ($3.15 billion) compared to Dh3.6 billion for the same...
