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Dubai residential property prices down 3.6pc

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The residential property prices in the rental market in Dubai, UAE, plunged 3.6 per cent year-on-year (y-o-y) in March mainly due to a steep fall in apartment and villa prices compared to the same period last year, said a report. The Dubai residential property sales price index for all residential decreased  from 259.4 to 258.4,[…]

Duetto to Provide Revenue Strategy Solutions for First Central Hotel Suites, Dubai

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By adopting Open Pricing, the core element of Duetto’s GameChanger application, the property will now be able yield rates more rapidly and with greater flexibility, drawing on web shopping regrets and denials data to better measure price sensitivity and forecast unconstrained demand. Duetto’s recent integration with the Protel Air PMS will help First Central maximize[…]

Does the Dubai Frame depict an ugly picture?

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Blink and you’ll miss the next superlative project. One of its latest rising towers is the Dubai Frame — which quite literally looks like a giant, gold-plated picture frame. The 492 feet (150 meter) tall frame aims to complement the rest of Dubai’s skyline by serving as an observatory, providing clear views of “Old Dubai”[…]

Dubai rental market close to bottoming out

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While the Dubai rental market is close to bottoming out, Abu Dhabi rents have more room to fall House rents is a common thread that binds all expats’ lives in the UAE, a pet peeve that dominates conversations at social gatherings and the biggest outlay for the common man. While some of you[…]

Why Dubai’s tenants and landlords (mostly) stay silent

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Saturday, Apr 22, 2017 Dubai Life in Motor City, a suburban development on Dubai’s outskirts, has many advantages. Along a long promenade of restaurants and cafes, residents shop and drink coffee, and drive over European-style brickwork roads to sand-coloured villas and four storey apartment blocks. And they pay a premium for the lifestyle. Two-bed apartments[…]

Damac launches premium hotel property in Dubai

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Damac Properties, a leading luxury real estate developer in the region, said it has launched Golfotel, the only premium five-tower hotel property surrounded by a golf course in Dubai, UAE. An ambitious project for the company, Golfotel will feature over 2,000 well-appointed contemporary rooms with golf views of the Trump World Golf Club Dubai, which[…]

Binghatti wins big at Gulf Real Estate Awards

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Binghatti Developers, an innovative Dubai-based property group, has been awarded the Best Architecture Company award at region’s premier real estate awards – Gulf Real Estate Awards. The award was presented to Muhammad BinGhatti, the CEO and head of architecture, by Sultan Butti bin Mejren, the director general of Dubai Land Department at a recent ceremony[…]

‘We love our homes, but we need someone to listen to us’

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Dubai’s freehold residents wish for greater contactbetween them and their property management foreveryday concerns. Dubai: Life in Motor City, a suburban development on Dubai’s outskirts, has many advantages. Along a long promenade of restaurants and cafes, residents shop and drink coffee, and drive over European-style brickwork roads to sand-coloured villas and four storey apartment blocks.[…]

Abu Dhabi Municipality signs deals with developers for four community malls

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Abu Dhabi Municipality has signed new deals with developers who are set to bring forward community malls at separate sites in the emirate. The municipality signed deals on Wednesday with Abu Dhabi-based developers City Lights and Persistence for Property Development (Persistence), according to the head of investment Jassim Al Dhaheri. These were for new “community[…]