UAE Properties

Delivery of New Assets Scheduled Between 2025 and 2027 Talal Al Dhiyebi, Aldar Properties' group CEO, emphasized the company's strategic focus on expanding its high-value asset portfolio through disciplined acquisition and development strategies. This approach aims to significantly boost recurring income streams and long-term capital appreciation. Aldar's integrated business model, spanning master...

WOW Resorts Plans to Invest an Additional Dh3 Billion in the UAE in the Coming Months. Ras Al Khaimah has witnessed the launch of the first-ever JW Marriott branded residential property in the GCC, valued at Dh4.8 billion. The JW Marriott Residences & JW Marriott Al Marjan Island Resort is set to be situated on the emirate’s distinctive island, which has experienced a surge in property launches...

RAK Central Project Emphasizes Grade A Offices and Beyond Ras Al Khaimah has introduced RAK Central, an expansive mixed-use development featuring Grade A offices. It is poised to emerge as the largest commercial business district in the Northern Emirates. Developed by Marjan, RAK Central is positioned along Sheikh Mohammed bin Salem Al Qasimi Street, offering captivating views of the Al Hamra Golf...

Emirates Forge Ahead With Major Projects In 2024 The UAE has long been celebrated globally for its relentless pursuit of groundbreaking megaprojects. These colossal endeavors, as defined by the Project Management Institute, are large-scale, intricate ventures that typically exceed $1 billion in cost and require years to complete. In the ever-evolving landscape of the UAE, these projects span mixed-use...

JW Marriott has joined forces with WOW Resorts to introduce a lavish resort and residential development on Al Marjan Island in Ras Al Khaimah, UAE. The upcoming JW Marriott Al Marjan Island Resort and JW Marriott Residences Al Marjan Island are anticipated to open their doors in late 2026, marking the debut of WOW Resorts in Ras Al Khaimah and the broader UAE market. Situated on Marjan's flagship...

This Deal Signifies The Launch Of The Dubai-Based Developer In Ras Al Khaimah. Abu Dhabi-listed RAK Properties and Dubai-based Ellington Properties have joined forces for a residential beachfront project on Hayat Island within Mina Al Arab Island, Ras Al Khaimah. This collaboration marks the launch of Ellington Properties in the emirate. The project, consisting of apartments, will feature upscale...

Looks At The Primary Reasons For Tenants To Buy Instead Of Rent Najam-us-Saqib, a Dubai-based entrepreneur, invested in a budget-friendly studio apartment located on the outskirts of the city. Preferring convenience, he chose to rent an apartment in the Al Qusais area, close to his office and his children's schools. While renting out the studio apartment he purchased. Najam is one of the many locals...

Purchasing A Home With Financing In The Emirates Offers Affordability In Comparison To Other Global Markets. The UAE's real estate market has remained brisk during the last three years despite the current state of unrest in the world. More people were thinking about buying a home in the UAE because of the low lending rates, the abundance of housing options, and the laws that supported long-term...

The Tenant Is Now Questioning Whether The Confirmation Notice Needs To Be Prepared Through A Notary Public, As They Have Changed Their Decision. 1.    Question: I initially informed my landlord, via email, that I intended to move out of the property as a tenant. However, I later changed my mind. The landlord is now insisting that the email is binding, and I sought legal advice, which...

The Tenant Had Previously Entered Into A Rental Agreement That Explicitly Stated The Lease Was Not Renewable. 1.    Question:  I have been residing in a Dubai apartment for three years, and my current lease is set to expire in August. Last year, during the renewal process, my landlord included a clause in the "additional terms" section stating that the tenancy is limited to one year...

Residential, Industrial, Business, And Agricultural Lands Made Up The Traded Properties. Which Have A Combined Area Of More Than 3.9 Million Square Feet. In September, there were 2299 real estate transactions. According to a monthly report released by the Sharjah Real Estate Registration Department, the trade value of real estate in the city is Dh1.9 billion. 677 transactions were for real estate sales...

For The Sale Of Other Assets To Proceed, Visa Holders Should Submit Valuation Proof In Advance. Property-linked if they ever plan to sell that asset, Dubai residents with Golden Visas must make certain of a few things. Long-term residency is connected to a specific ready property the applicant owns that is worth Dh2 million or more. This essentially means that the person's visa is linked to the title...

There are several options when it comes to Dubai Rental Properties. Some properties are listed by the landlord, while others are handled by agents. In most cases, these agents are English and few are native speaking and will schedule viewings. If you want to see an apartment for rent, call the agent and arrange for a viewing. They are usually open on weekends and can help you find an available apartment....

Reportage Properties Says That Construction Has Started On Its Verdana Project At Dubai Investment Park (DIP). Verdana at Dubai Investment Park (DIP), a new project in the Green Community of Dubai, has reportedly begun construction. The project consists of 305 townhouses. A unique benefit being offered for the first time in the UAE is that each unit has a private elevator. The project has experienced...

To Appeal To European Consumers, Dubai Developers Have Recently Added Additional Luxury And Pools To Their Projects. A significant difference is opening up between property prices in Dubai sold off-plan and those purchased in the secondary market. Providing additional chances for purchasers. On average, recent off-plan launches in Dubai have price tags that are 14-30% more than equivalent ready...

This Year, the Value of Real Estate Transactions Could Exceed Dh300 Billion. Because Of New Government Initiatives That Will Further Promote Market Credibility, Transparency, and Investor Confidence. According to analysts, the government's most recent real estate investment policies will improve investor confidence in the expanding industry. In addition, strengthen market credibility and openness....

If you have been looking for a property in the UAE, then the right time to buy is now! The market has seen significant growth over the past few years. In addition, Real estate Dubai 2023 is expected to continue growing. New supply is only just coming on the market, so the price of properties is expected to increase gradually, by 20 to 25 percent per year. The demand for property in Dubai is still very...

Foreign Investors Invest Billions Of Dirhams In The Emirate's Real Estate Each Year. The Industry Has Been Recovering Strongly Since The Pandemic, As Evidenced By The Record-High Number Of Transactions. Dubai Realty companies are required to include the official permit number issued by Rera on advertisements in addition to other information about the business and project. The name of the real estate...

Skyrocketing Real Estate Sector among Factors in Rising Global Interest in Emirate Dubai has continuously strived to improve its first-rate infrastructure. Which now offers a superior quality of life and makes the Emirate a great place for people to relocate as well as businesses. Contrary to popular opinion, tourism makes up close to 20% of Dubai's GDP, while fossil fuels contribute less than...

Due To A Booming Local Economy Where Businesses Are Finalizing Their Expansion Plans And An Influx Of Senior Managers, Business Owners, And High Net-Worth Individuals, Occupancy Demand Has Been High. According to Savills' Dubai Office H1 2022, city's office market has held up well during the first half of 2022. Thanks in large part to the ongoing demand for Grade an office space. Which has also caused...

Here Is A Thorough, Step-By-Step Guidance For Investors To Purchase Real Estate In The Emirate. Property is the industry that both domestic and foreign investors are most eager to engage in since it offers them a high rate of return. Dubai has greatly simplified its real estate purchasing procedure over the years, boosting confidence. Especially amongst foreign investors seeking to earn lucrative...