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Abu Dhabi’s Makani Real Estate plans to buy and build new malls in expansion push

Makani Real Estate, which is owned by Abu Dhabi Cooperative Society, is aiming to acquire and build new malls and community centres in Abu Dhabi and Al Ain as part of its expansion plans, its chief executive has said. The company currently owns malls and community centres worth Dh1.5 billion ($408 million) in Al Ain and Abu Dhabi. It is also building a new community centre with space for...

Choosing the Right Real Estate Broker in Abu Dhabi: Tips and Tricks

When it comes to your real estate needs in Abu Dhabi, finding the right partner can make all the difference. With a multitude of options available, it's essential to identify the best real estate agents and companies in Abu Dhabi. In this guide, we'll share valuable tips and tricks to help you make an informed decision. The Search for the Best Real Estate Agents in Abu Dhabi Start with Research:...

Bloom Holding begins construction work at Phase Two of Bloom Living, Toledo

This announcement follows the appointment of the main contractor for Bloom Living’s first phase, Cordoba, earlier this year Abu Dhabi – UAE: Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the appointment of Emirates Link Maltauro L.L.C. as the main contractor to carry out the construction works for Toledo, phase two of its fully integrated and...

A guide to mortgages in the UAE as interest rates rise

Over the past three years, through a period of global uncertainty, the UAE’s real estate market has remained buoyant. Low interest rates, an ample supply of homes and policies that encouraged long-term residency in the UAE meant more people were considering buying a home in the country. While Dubai continues to lead the domestic real estate market, Abu Dhabi,...

Top property investment tips for young buyers

As an industry insider, I believe young people are actively shaping and influencing every aspect of leadership as well as business transformation across industries, and property is no exception. Millennials and Gen Z are out there with more access to information than their parents ever had. Thanks to digital technologies, they have greater control over choices, which makes them...

Abu Dhabi is considering real estate assets consolidation to create $12 billion company

Abu Dhabi is looking to consolidate key real estate assets under a single entity, establishing a Dh44 billion ($12 billion) property giant, in a move to support the emirate’s economic transformation efforts. Under the proposed deal, Abu Dhabi’s investment and holding company ADQ and a unit of local conglomerate International Holding Company have submitted an offer to combine...

What do you need to know about TAMM Application in Abu Dhabi?

Leasing Activities through the portal & application Launched on the 13th of October 2018, TAMM application is a one-stop platform providing direct access to all Abu Dhabi Government services. Abu Dhabi citizens, residents, businesses and visitors can apply for services online, interact with their customer service and track the status of the application. The app provides direct access to a wide...

Abu Dhabi’s real estate market thrives in first 6 months of 2023 with rising rents contributing to a sales boom

Abu Dhabi, UAE – Bayut, the UAE's leading property portal, has rolled out its Abu Dhabi real estate market reports for H1 2023. According to the data observed on Bayut, the sales prices of apartments and villas in the affordable category have become increasingly competitive, while prices for luxury properties have witnessed a decline. Conversely, the rental prices for budget apartments and villas...

Record 363% jump in Abu Dhabi real estate foreign direct investments

Abu Dhabi, UAE: Foreign direct investment (FDI) by individuals into Abu Dhabi’s property sector soared to Dh834.6 million during the first half of 2023, the Department of Municipalities and Transport (DMT) has announced. This remarkable figure represents an astounding increase of 363 percent compared to the same period in 2022, setting a new record. Dr Adeeb Al-Afifi, Executive Director of the...

Abu Dhabi real estate: Value of transactions rise by 147% in Q1

The value of real estate transactions in Abu Dhabi during Q1 2023 has increased by 147% compared to the same period last year, while the number of transactions rose by 67%. The real estate indicators released by the Department of Municipalities and Transport (DMT)showed that the sector has recorded 3,518 property sales worth AED16.2 billion ($4.41 billion), compared to 1,722 transactions worth AED4.4...

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