Dubai retains its allure as one of the world’s most preferred prime residential destinations for investors due to its affordability and relatively high yields compared to its global peers, according to a research released on Monday. For the second year in succession, Dubai has been rated the third most affordable city in the world for[…]

The main accused, an Arab national, has been sentenced to two years in jail, while four accomplices were ordered to serve a year behind bars. Seven members of a gang involved in stealing cars parked at the Dubai airport were sentenced to jail on Monday. The seven men of different nationalities – four[…]

The management at Union Properties buys itself some time with a new debt deal. Image Credit: Gulf News Archive Dubai: Union Properties, the Dubai developer behind Uptown Mirdiff and other high-end communities, has completed a debt restructuring deal with Emirates NBD. Deal applies to the full Dh946 million outstandings the developer has with the bank.[…]

The Dubai Land Department (DLD) has launched a ‘Green List’ on its Dubai Rest digital platform that will allow only registered brokers to communicate with property owners when they enroll in the list. Owners can opt to deactivate their accounts anytime they want. This service will facilitate healthy communication between brokers and owners and reduce[…]

Share Tweet Google Plus Share Email Arada has announced the launch of a new premium garden villa community at Aljada, the 24 million square foot mixed-use destination in the heart of New Sharjah. Featuring 114 villas and townhouses set in a lushly landscaped and exclusive neighbourhood, homes in Sarab 2 will be available for sale[…]

This summer, the UAE’s real estate seems to be regaining its former momentum. With the confirmed 60% real estate market growth this June, we might soon be witnessing an impressive comeback to the pre-COVID-19 figures. More good news that brightens the bigger picture is mortgages becoming more available to the first-time purchasers, reducing the down[…]

Dubai's property market has been suffering from a chronic oversupply that sank property values and rents for the past six years. Measures to curb the … Source link

Dubai: Union Properties confirmed it has prepared a three-year plan that would help with its turnaround after a few years of under performance and mounting losses. The blueprint calls for the launch of a new project, Motor City Hills, that will extend to 2.9 million square feet of gross floor area. The project overlooks Shaikh[…]

KARACHI: Over 87 per cent of Pakis­tanis looking for overseas jobs went to the United Arab Emirates and Kingdome Saudi Arabia (KSA) in 2019, data shared by the Bureau of Emigration and Overseas Employment as quoted by the State Bank of Pakistan showed. The figures show pre-Covid-19 trends as the pandemic has almost halted the[…]