UAE Real Estate

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...

Most Apartment Deals Recorded By Jumeirah Second. For the week ending December 9, 2022, 3,186 real estate transactions totaling Dh91 billion recorded in Dubai. Data indicated that 2,233 flats and villas sold for Dh4.64 billion, while 419 plots were sold for Dh2.24 billion. The highest-priced deal of the week was the sale of a piece of property in Marsa Dubai for Dh265.69 million. That followed by...

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...