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Union Properties’ stock has been having a wild ride

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UAE indexes closed the week on a strong note, helped along by banking heavyweights. Image Credit: Gulf News Archive UAE equities had a strong day with DFM rallying 1.35 per cent and ADX gaining 1.25 per cent. The heavyweight Emirates NBD was the key driver on DFM, while another financial institution, First Abu Dhabi Bank,[…]

Dubai launches fractional title deeds lowering investment threshold for hotel apartments

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Difference between fractional ownership and timeshare Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the[…]

Why are Middle East real estate buyers investing in South Florida?

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Image Credit: Dubai: For Middle Eastern commercial real estate funds and investment firms, the U.S. market is still the most desirable investment destination for foreign real estate properties. According to the latest statistics from Roxanne Kosberg, owner and CEO of Cityfirst Realty LLC, a licensed Florida high-end real estate company specializing in assisting mostly foreign[…]

Property Finder picks The Qode as Mena PR partner

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Property Finder, one of the leading real estate portals in the region facilitating house hunting journey for both, buyers and renters, has signed up Dubai-based communications agency, The Qode, as its new partner for all PR operations across the region.   Launched in 2007 by CEO and Founder, Michael Lahyani, propertyfinder.ae is owned and operated[…]

Well-maintained properties in Dubai’s older neighbourhoods hold price value

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Dubai’s older neighbourhoods have stable occupancy rates Image Credit: Anas Thacharpadikkal/Gulf News Archives The old residential districts of Dubai have a unique charm. Homes in areas, such as Karama, Bur Dubai, Oud Metha are spacious, while the communities offer a vibrant lifestyle and convenient commuting options. Niral Sunil Jhaveri, head of property management at Better[…]