Building operations generate huge quantities of data. The commercial real estate industry in the UAE has been an established powerhouse for decades, and a significant contributor to the economy. It is now well set to also take centrestage as a central contributor to the UAE of tomorrow, which the government’s economic and overall[…]

Developers not banking on Chinese buyers in new projects for now owing to Covid-19 Property developers in the UAE are discounting Chinese buyers from their new projects and also see less participation due to growing coronavirus concerns. Real estate companies say that they have not faced any payment challenges from existing buyers from[…]

Mid-market communities such as Jumeirah Village Circle and Arjan has been of particular interest for investors wanting to take on stalled/delayed projects. These communities remain residential hotspots. Image Credit: Gulf News Archive Dubai: There is a rush of investors, mostly from India and Pakistan, buying stalled residential projects in Dubai. They are pumping in fresh[…]

Mid-market communities such as Jumeirah Village Circle and Arjan has been of particular interest for investors wanting to take on stalled/delayed projects. These communities remain residential hotspots. Image Credit: Gulf News Archive Dubai: There is a rush of investors, mostly from India and Pakistan, buying stalled residential projects in Dubai. They are pumping in fresh[…]

Mahmoud Mohamed Elsayed Basha with his wife and son at Radisson RED Image Credit: Supplied Dubai: An Egyptian family is thrilled to bits after they managed to get a hotel room at a brand new four-star hotel in Dubai for just Dh24 on Monday, against the average going rate of Dh320 for the night. Mahmoud[…]

Loading Share Content… ibis Styles, the eco-hotel brand from Accor, has opened a third property in Dubai. Located in Al Garhoud near the Dubai International Airport, ibis Styles Dubai Airport is designed to provide for travel needs of both business and leisure guests, be it for a brainstorming session at the Creative Terminal, a relaxing[…]

With the introduction of artificial intelligence (AI) and virtual reality (VR), technology in the real estate sector has made a real impact not only in terms of construction, but also in property buying process, according to Dubai-based Lootah Real Estate Development. Regarded as one of the pioneer entities in the real estate sector, Lootah said[…]

Dubai-based property developer Damac Properties is looking to expand into Saudi Arabia. Ali Sajwani, general manager of operations, who has a strategic overview of the UAE and international businesses, revealed in an interview with Saudi publication Arab News, that the kingdom is very much part of the company’s future plans. The 28-year-old said: “Over the[…]

Samana Golf Avenue features 233 luxury studios, one and two-bedroom apartments Image Credit: Supplied Samana Developers, a Dubai-based real estate developer, has launched Dh100 million Samana Golf Avenue project. Samana Developers is the first real estate company in the UAE which has extended highly competitive offer of 50 per cent finance facility to its buyers[…]