Abu Dhabi, the gleaming gem of the United Arab Emirates, is synonymous with opulence, extravagance, and luxury living. As the capital city, Abu Dhabi stands as a testament to the nation's unwavering dedication to modernity and progress, while still honoring its rich cultural heritage. Within the expanse of this vibrant metropolis lie enclaves of unparalleled luxury, where extravagance knows no bounds and...
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...
Deyaar Development is launching a Dh700 million ($191 million) project in Dubai and has plans to start its first scheme in Abu Dhabi in the second quarter, amid higher demand for property in the UAE. The new project in Jebel Ali, ranging from studios to three-bedroom flats, will be financed through debt and revenues from sales, Deyaar’s chief executive Saeed Al...
New Abu Dhabi real estate development introduces 111 residential units to Masdar City An Abu Dhabi real estate developer has launched 111 new homes for sale at Masdar City in the UAE. Burtville Real Estate has announced the launch of “Ville 11” in Masdar City, Abu Dhabi. Ville 11 in Masdar City, Abu Dhabi The project will make a new addition to their portfolio of real estate...
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...
Despite an increase in cost of living in the past couple of years, Abu Dhabi, Dubai, and Sharjah have been deemed more affordable than other major cities in Asia, Europe and the US, according to data released by Numbeo, a global data provider on economic, social and safety areas. The cost of living in the three emirates ranks much lower than that of Zurich, Geneva, New York, Los Angeles, Oslo,...
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...
