Uncategorized

Dubai developer wasl launches property leasing app

PIN
Dubai-based wasl properties, one of the largest real estate development and management companies in Dubai, announced the launch of ‘wasl properties Leasing’, a new app that enables customers to find, book, and lease new units from wasl’s extensive portfolio of properties with a few clicks and within minutes.   The app, a first in the[…]

Deyaar rebrands owners association management body

PIN
Deyaar Development, one of Dubai’s leading property developers and real estate service providers, has rebranded its owners association management unit as Deyaar Community Management (Deyaar CM).   Following Deyaar Owners Association Management’s (DOAM) 11-year history of serving home owners across Dubai, Deyaar rebranded the division in accordance with a law concerning jointly owned property in[…]

Give investors new reasons to pick Dubai

PIN
While most naysayers predict a tough recovery for property markets, there is no one size fits all solution for tackling real estate issues faced by different cities. Image Credit: Getty Images During a crisis of this magnitude, I can’t stop myself from reiterating that “This too shall pass”. Indeed, it will, as we have seen[…]

Al Mazaya Holding unit sells Dubai property for $21m

PIN
Al Mazaya Holding, a leading real estate development company in Kuwait, said one of its UAE-based subsidiaries has signed an agreement for the sale of a property in Dubai for Dh77 million ($20.9 million).    A major player in the region, Al Mazaya provides a wide spectrum of real estate products and services – from[…]

The United Arab Emirates: A key piece in the global money laundering puzzle

PIN
By the normal standards of the Financial Action Task Force (FATF), a recent report into attempts by the United Arab Emirates to combat money laundering and terrorist financing is damning, to say the least. The report highlights several major weaknesses in the UAE’s anti-money laundering framework. Not least, a chaotic approach to registering companies, making[…]

Fake Airbnb website scam snares British pilot in Dubai

PIN
The purported one bedroom City Walk apartment listed on the cloned Airbnb website with enticing images, property owner’s bogus name and photograph alongwith fake reviews and ratings Image Credit: Screenshot Dubai: A British pilot in Dubai has become the latest victim of a sophisticated property rental scam run by cyber criminals using a fake Airbnb[…]

Dubai’s student housing market is a growth opportunity

PIN
Student housing is a relatively untapped market within the United Arab Emirates (UAE) in general and Dubai specifically, according to a new vision paper by real estate consultancy CBRE. Experts Gabriella De La Torre, Michelle Fraser and Rim Ghalayini outline why growth is expected over the coming years. Student housing is a form of housing[…]