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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:...

Aldar, Nikki Beach announces new Ras Al Khaimah luxury residences

The collaboration with Aldar Properties will result in the development of three branded residential buildings, known as Nikki Beach Residences at Ras Al Khaimah Aldar Properties, a prominent real estate developer in Abu Dhabi, has announced a new partnership with Nikki Beach Global, a renowned luxury lifestyle hospitality company, to create a new beachfront residential community on Al Marjan Island in...

Aldar estates acquires FAB Properties

ABU DHABI, 11th September, 2023 (WAM) -- Aldar Estates has announced the acquisition of FAB Properties, a UAE-based provider of property management services. The transaction will see Aldar Estates integrate a property management portfolio of 22,000 residential units across 600 properties within its expanding platform in the UAE. The acquisition of FAB Properties follows the recent announcement of Aldar...

Four months until UAE deadline for mandatory fire alarms in villas

Ministry of Interior urges homeowners to install detectors and subscribe to e-alert system before January 1 The deadline for homeowners to install smoke and fire detectors, and subscribe to the UAE e-alert system is January 1. Originally reported as September 1, the Ministry of Interior clarified that the initial cabinet order from September 2020 only took effect the following January when...

Aldar launches Gardenia Bay, a new residential community in Yas Island

Aldar Properties announces 210 studios, one-, two- and three-bedroom apartments in the first phase of the development Abu Dhabi’s Aldar Properties launched Gardenia Bay, a residential community inspired by nature and waterfront living in Yas Island. In the first phase, 210 of the community’s 2,434 modern homes, including studios, one-, two-, and three-bedroom apartments, will be...

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 real estate: Home upgrades drive villa prices; apartment rents continue to fall

Average prices remain 25% cheaper than the 2014 peak and values have remained relatively unchanged for three-and-a-half years now, Knight Frank said Residential values across Abu Dhabi's freehold areas experienced 1.6% growth in Q2, and rents in general continue to reduce, according to global real estate consultancy Knight Frank. The total value of transactions during Q2 across Abu Dhabi rose to AED...

Aldar Properties net profit rises by 52% to $350mn in Q2 2023

Record development sales and recurring income portfolio delivers 21% increase in revenue to $870 million Driven by record sales and strong contributions from its recurring income portfolio, Aldar Properties reported a 52 percent increase in net profit to AED1.3 billion ($350 million) in the second quarter of 2023. Revenues increased nearly 21 percent on an annual basis to about AED3.2...

Higher Rents, cheaper properties: Here’s why tenants in UAE are increasingly becoming owners

Dubai-based businessman Najam-us-Saqib bought a studio apartment in one of the affordable areas on the outskirts of Dubai. He has rented it out and now he is staying in the Al Qusais area in a rented apartment. He has opted for this choice because his children’s schools and his office are nearby. Najam is among thousands of residents who turned tenants into owners, saving not only thousands of...

Watch: Sheikh Khaled launches Balghaiylam residential project in Abu Dhabi

Abu Dhabi: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has launched Balghaiylam, a new residential development located north-east of Yas Island, which is being developed by Aldar. The Dh8 billion project, to be completed by 2026, will offer 1,743 ready-built homes to citizens who have received housing loans from the Abu Dhabi...

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