Yas Canal residential project in Al Raha Beach gets approval from Crown Prince Abu Dhabi is set to build a new housing project worth AED 3.5 billion ($953 million) to deliver more than a thousand homes for UAE nationals. The launch of the Yas Canal residential project in Al Raha Beach, which will feature 1,146 villas, has been approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince...
It will be home to a new hotel, an arena and more… True Gamers has unveiled plans to develop the world’s first eSports Island in Abu Dhabi which includes a luxurious hotel (with a unique concept), high-tech venues for gaming tournaments, professional training facilities, content creation spaces, and more. True Gamers is the leading international network of eSports clubs, and the new...
Expect plenty of family-friendly activities… Can’t get enough of the beach? We have good news for you. Miral has just announced the development of two beaches at Yas Bay Waterfront on Yas Island further adding to the existing lifestyle and leisure activities on the popular island. The beaches will span a length of 280 meters each, adding a total of 560 meters worth of beachfront fun to Yas...
Abu Dhabi’s Aldar Properties announces boutique real estate development in Saadiyat Island Abu Dhabi’s Aldar Properties announced on Wednesday the launch of Nouran Living, a boutique mid-rise residential address in Saadiyat Island’s Marina District, the latest residential and leisure destination that is being activated within the island’s masterplan. The construction of Nouran...
New assets will be delivered between 2025 and 2027 Aldar Properties will invest Dh5 billion to deliver new commercial, retail, and hospitality assets in key destinations of Abu Dhabi. The new assets, which will be held in the company’s investment portfolio, will be delivered in a phased manner between 2025 and 2027. Through these projects, the Abu Dhabi-headquartered real estate firm seeks to...
Group chief investment officer at Emirates NBD Group speaks to Khaleej Times about long-term outlook in the country. How much is the UAE real estate market affected by regional geopolitical tension? Not at all, according to experts. “The long-term outlook is absolutely brilliant because UAE is next Switzerland. There's no question about the fact that even having geopolitical tensions around is not an...
The real estate market in Abu Dhabi showed strong performance in 2023, continuing the rise seen since the beginning of the Covid-19 pandemic. Transaction volumes, values and rents increased over the past year as demand remained robust, according to a report by ValuStrat. Looking ahead, the outlook for 2024 remains positive, with analysts forecasting further price growth, especially for...
Bayut identifies key property trends in Abu Dhabi in 2023, with data on best return on investment for apartments and villas across the city Abu Dhabi real estate investors saw returns of more than 8 per cent on selected properties in the city last year, according to data from the Bayut Annual Sales Report for Abu Dhabi in 2023. Property specialists Bayut released its Abu Dhabi annual...
Abu Dhabi has been ranked the safest city in the world for 2024, according to the online database Numbeo. Dubai ranked number four with Taiwan taking second place and Doha on third. The emirate was ranked highest in safety index – scoring 86.9 – and last in crime levels – with a score of 13.1. The Venezuelan city of Caracas had the lowest safety index score of 17.8 and highest...
Abu Dhabi reduced service and community charges by 6 per cent last year for owners and investors in jointly owned properties, according to Abu Dhabi Real Estate Centre (Adrec). A total fee reduction of Dh39.7 million ($10.81 million) incentivised real estate buyers in the emirate, the Abu Dhabi Media Office reported on Wednesday, citing Adrec, a part of the Department of Municipalities and...
