A new market research projected return on investments of up to 50% for some of the projects in Abu Dhabi’s upcoming and popular islands over the next three years, turning them among the most sought after residential real estate markets in the coming year Capital city Abu Dhabi and emerging tourist and gaming spot Ras Al Khaimah (RAK) are predicted to be the top destinations for real estate...
First of its kind luxury-branded property development by Jacob & Co. in Abu Dhabi Abu Dhabi, UAE: In a groundbreaking collaboration and a first for the UAE Capital, Nine Yards Plus Holding, the real estate holding arm of EIH Ethmar International Holding Group, has today announced a partnership with Jacob & Co., the renowned US jeweller and watchmaker – bringing a touch of opulence and...
The development will become one of the first branded residence for the world-renowned Nobu hospitality brand in the Middle East Located on Mamsha Al Saadiyat, Saadiyat Island, Abu Dhabi, the Nobu Residences will offer 88 spacious apartments, providing a one-of-a-kind opportunity to live in a home that harmoniously blends Nobu’s Japanese design and hospitality with modern luxuries to showcase a...
Situated at the heart of the capital, Reem Hills stands as the only gated community on Abu Dhabi's prestigious Al Reem Island, focusing on exclusivity and well-being Q Properties has awarded a construction contract worth AED584 million ($159 million) to Trojan General Contracting for work on Phase I of Reem Hills’ 302 townhouses and 110 twin villas– all of which are sold out. The elegantly...
Abu Dhabi Commercial Bank, the UAE’s third-largest lender by assets, said it has received a binding offer for a majority stake acquisition in Abu Dhabi Commercial Properties (ADCP), the lender’s wholly owned property management services subsidiary. The bank has received the offer from Nine Yards Plus Holding, a subsidiary of Abu Dhabi-based Ethmar International Holding (EIH), the company...
Abu Dhabi, the capital city of the United Arab Emirates, is known for its impressive skyline and stunning architecture. As the city continues to grow and evolve, so does its real estate landscape. In this blog post, we will explore some of the exciting upcoming real estate projects in Abu Dhabi that are set to reshape the city's skyline and offer new opportunities for investors and residents alike. 1....
Dubai: The Abu Dhabi master-developer Aldar is bringing its considerable skills at creating mixed-use communities to Dubai, with the launch of ‘Haven by Aldar’ located in an area opposite Al Habtoor Polo Resort long the E611 stretch. Sales of the first lot of 462 upscale homes – out of an eventual 2,428 units – at Haven is set to start, with 3-bedroom townhouses starting Dh2.5 million and...
Net income in the three months to the end of September rose to $245 million amid record sales Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 48 per cent increase in third-quarter profit as revenue increased, driven by record development sales and strong contributions from its recurring income portfolio. Net profit for the three months to the end of September rose to about...
Abu Dhabi, the thriving capital of the United Arab Emirates, is witnessing a burgeoning demand for apartment living. Within this dynamic landscape, there's a noteworthy distinction between serviced apartments and traditional apartments. In this article, we'll delve into the rising demand for apartments in Abu Dhabi and provide a comparative analysis of serviced and traditional apartment options. The...
The Authority has made significant efforts in recent years to enhance its investment flexibility and adaptability to changing market conditions. Abu Dhabi Investment Authority (ADIA) has issued its annual report for the year 2022, which summarises the Authority's achievements and actions during the past year. H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA, said that the Authority...
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