Tuesday, March 28, 2017

Dubai Property

Dubai Property
Dubai property is the top premium properties in the world!
More details were revealed by Nakheel on Wednesday about new Dubai retail, residential and leisure developments - with a combined built up area of over 23 million square feet. The projects, which were endorsed by Sheikh Mohammed bin Rashid...
KARACHI: Pakistanis purchased properties in Dubai worth over 16 billion UAE dirhams during 2013 and 2014 as compared to over 36bn dirham purchases made by the Indians. Pakistanis bought property worth 7.5bn dirhams, and became the second largest community in...
Emirates Hills has topped the list of Dubai’s most expensive homes since the first residents moved there in 2002. Perhaps the only gated community in town that does not feature cookie-cutter houses, the luxury community has another five-bedroom villa for...
Dubai—All expat occupants of rented and freehold residential properties in Dubai are now being charged the housing fee, with the system of levying civic charges through utility bills covering all areas in the emirate by the end of 2014. This...
The Australasia section of Dubai’s ambitious World Islands project could finally get underway with a set of super luxury floating private island villas. Work on an archipelago of 20 private man-made islands built in the shape of the continent of...
Nakheel will start leasing shops on Palm Jumeirah’s Golden Mile today with the first of them expected to open by April. The developer took over the ownership of Palm Jumeirah’s Golden Mile retail and office units in November. Spinney’s, the supermarket...
There is finally some good news for those wanting to rent property in the UAE – but only if you know where to look. After years of skyrocketing rents, prices began to stabilise last year, in a trend some...
Dubai: For the rich seeking better than average returns on assets, Dubai’s upscale residential market still has got what it takes. According to the latest Knight Frank survey on cities with the highest rental gains in the 12 months...
Nakheel aims to become the biggest shopping centre operator in Dubai with a retail portfolio three times bigger than The Dubai Mall. The palm islands developer is set to tender a raft of big projects in the new year as...
Hotel apartments in what could be considered Abu Dhabi’s answer to Dubai’s Atlantis The Palm have gone on sale in the capital. The 249 serviced apartments in Fairmont Marina Residences, a 39-storey Arabian themed skyscraper – that resembles the hotel...
Dubai: Tenants can now breathe easy as realty experts predict residential rents to remain stable or fall slightly next year. “Rents in Dubai are now close to their peak. They have risen 50 per cent in the last two years...
Shares in Emaar Properties tumbled by more than 8 per cent in trading on Sunday despite the company saying it would distribute a promised Dh9 billion cash dividend to shareholders on December 23. Emaar shares fell 8.02 per cent to...
Luxury serviced apartments on the Abu Dhabi breakwater near Marina Mall are now available to purchase. The 249 apartments at the Fairmont Marina Residences are part of the 563-room Fairmont Marina Resort, which is due to open in 2016, and...
Housing prices continue to grow at a red-hot pace in many parts of the world. The Global Property Guide has compiled and analyzed the property price performance of the world's big economies. We've put together a list of the top 16...
My landlord increased the rent in 2013 based on the Rera calculator. We agreed and paid the increase as he assured us he would not increase the rent for the coming year (ie this year’s renewal in 2014). However,...
Dubai: It’s not just waterfront properties in Dubai that are riding the wave of higher demand. The extension of the Canal works — already visible in key stretches of the city — has been providing a welcome lift for...
ABU DHABI // Many developers of high-end residences in the capital have been passing off storage space as quarters for maids. Some developers describe such spaces as utility rooms to get planning permission, then change the description to maid’s room...
Dubai: The cost of living in Dubai is showing no signs of let-up, with the average villa and apartment rents going up nearly 18 per cent in the last 12 months. According to the October 2014 results of the Dubai...
Hundreds of investors on Dubai’s Palm Jebel Ali have called on developer Nakheel to restart the project. An estimated 400 to 450 people, most of whom made down payments during Dubai’s boom years between 2004 and 2008, find themselves in...
Sharjah — Apartments continued to see strong demand in Sharjah as rents rose by 35 per cent in the 12 months to the end of third quarter as the emirate continued to face upward pressure in rents on limited...
Emaar Properties is set to approve the distribution of a special cash dividend of AED9 billion ($2.45 billion) on Monday following the successful IPO of its shopping malls and retail business. Emaar said in a statement on Sunday that...
Dubai: The UAE’s freehold and leasehold realty spaces are thinking beyond completed properties or off-plan projects to entice buyer interest. Developers in Dubai, Abu Dhabi, Ras Al Khaimah and, now, Sharjah, are letting investors, UAE nationals and expatriates alike,...
I live in the UK and own a three-bedroom, 4,200 square foot end terrace townhouse with maids room in the Green Community. I have been letting this to the same tenants for about 10 years. The rent is currently...
Dubai developer SKAI Holdings on Wednesday announced it has completed just over 30 percent of the construction of its $1 billion Viceroy Dubai Palm Jumeirah development, in time for 2016 opening. China State Construction Engineering Corporation (Middle East) (L.L.C) (CSCEC...
Sharjah is opening its property market to foreign investment for the first time as expatriates are granted the right to buy homes. Leases of up to 100 years will be granted as the emirate benefits from spillover property demand from...
Dubai homeowners are planning to launch a legal campaign against Nakheel after they were forced to scrap extension plans to their luxury villas after the master developer increased its application fees by up to 233 percent. Under the terms...
R Hotels is to develop the first sharia-compliant, four-star resort and spa on Dubai's Palm Jumeirah, with the company targeting a Q4 2016 opening following AED500 million ($136.2 million) of investment. Located on the East Crescent of the man-made...
Dubai: The design and identity of the architectural firm for the world’s tallest all-commercial tower in the making — Burj 2020 — could be confirmed in a matter of weeks. “The competition (for submission of bids) is about to...
Dubai: The design and identity of the architectural firm for the world’s tallest all-commercial tower in the making — Burj 2020 — could be confirmed in a matter of weeks. “The competition (for submission of bids) is about to...
Aldar Properties profits surged 42 per cent in the third quarter, helped by the soon-to-be-opened Yas Mall. Net profit for the three months to the end of September rose to Dh579.6 million from Dh407.5 million a year earlier as the...

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