Aldar Properties has brought to life its newest project, The Arthouse, an exclusive residential community inspired by private members' clubs globally. Designed to provide residents with spaces that foster inspiration, the development boasts rich architectural details and interiors crafted by the award-winning DiLeonardo, presenting itself as a "gallery for living" tailored for creative individuals and art...
Aldar Properties PJSC (Aldar), a prominent UAE-based real estate developer, investor, and asset manager, has announced plans to develop a Grade A office tower adjacent to the Dubai International Financial Centre (DIFC) on Sheikh Zayed Road. This landmark project will feature 88,000 square meters of net leasable area (NLA), including a luxury boutique hotel and branded residences, providing top-tier...
In Abu Dhabi's fast-paced and competitive real estate market, how can developers ensure their projects stand out and achieve top sales? The answer lies in partnering with a brokerage that understands the complexities of the market and has a proven track record of success. Crompton Partners Estate Agents offers unparalleled expertise and a suite of services tailored to meet the needs of developers....
Navigating Abu Dhabi's rental market can be tricky for new employees. However, with the right strategies, businesses can ease this transition. This blog explores various housing allowances in Abu Dhabi, providing practical insights to help businesses select the best approach for their workforce. The Inventory Approach: In some companies, accommodation is pre-arranged before employees arrive in Abu...
Abu Dhabi, the capital of the United Arab Emirates, is continuously striving for growth and becoming an attractive location for real estate investors. With its powerful economy, modern infrastructure, prime location, and high-quality lifestyle, the city offers various opportunities for those looking to invest in properties. Let’s explore five reasons why you should consider investing in this real estate...
The Abu Dhabi Estate Centre (ADREC) has announced that the field of real estate has received outstanding levels of foreign direct investment (FDI) from 487 investors, who contributed approximately 1.81 billion dirhams ($482 million) during Q1 of 2024. Regulators at ADREC have stated that investors from India, Canada, Russia, China, Jordan, and the UK have noticeably invested more in the field compared...
The bustling city of Abu Dhabi, the capital of the United Arab Emirates, shimmers with prosperity every day with its high skyscrapers, pristine beaches, and diverse culture. For investors and landlords, this dynamic city presents a desirable real estate market. However, deciding between long-term and short-term rentals involves intricate details, much like the pattern on a rug. Let’s uncover this aspect...
“The various global challenges encountered over time have put our resilience to the test. Nonetheless, our objective is to achieve a 7% economic growth rate in 2024.” The UAE aspires to expand its economy and increase its gross domestic product to AED 3 trillion by 2030. The country experienced an 8% growth in 2022. The minister anticipates that the economy will see a 5% growth in...
In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at 2,795 Dubai – CBRE Middle East, the global leader in commercial real estate services and investments, released its latest edition of the UAE Residential Market Review for the first quarter of 2024. In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at...
The latest outstanding outcomes that have been achieved by the property developer, Aldar in Abu Dhabi’s real estate market in UAE, emphasize the robustness and promising future that this real estate market will have, informs the CEO. Recently, the data collected by Abu Dhabi’s Aldar during the first quarter of 2024 has shown a rise in net profit of 1.6 Billion AED equals to around (436 million USD)...
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