The impact of Covid-19 and a likely reduction in the UAE population will hamper the revival
Users can own a piece of real estate for as little as Dhs2,000
Adnan Kazim has been named as its new chairman in line with regulatory requirements
The sales launch of the district’s first residential building, Tiraz 1, begins on December 16
If RERA cancels a real estate project, a special tribunal will be responsible for liquidating it and ensuring settlement of all rights related to the project
Jamal Bin Theniyah will replace Alabbar as chairman, while the latter will assume the role of managing director
The considerable levels of dry powder available across the Middle East is expected to target diversification opportunities and long-term higher returns
The Emaar boss also hit back at suggestions the company is responsible for an oversupply of properties
The raffle starts on November 26, and will conclude at midnight the following day
Deyaar is offering a flexible payment option with initial payment of 10 per cent
Naaman Atallah, the former CEO of Piramal Realty in India, has been appointed to the role
Similar to wealth, wealth management has gone through layers of evolution to become a specialised investment advisory service
Dubai and Abu Dhabi have been ranked as having the most transparent property markets in the region according to JLL’s latest index
There were a total of 14,854 real estate transactions completed in Q3 this year
Disruptive technologies have propelled specialised tech solutions focused on real estate and property management
The developer’s revenue figures for Q1-Q3 2020 totaled Dhs13.37bn
Sea Palace floating resort and moveable villas have been developed by a shipbuilding company
Beauty and hair salons, dental clinics and nurseries in the emirate can apply for a 20 per cent rebate
As demand starts to rally, developers need to ensure they keep pace with the changing requirements from investors
The company has put thousands of employees on indefinite leave in recent months
The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions
Oman REIT Fund is planning an initial public offering that could raise about $100m
The company expects more government projects to come its way
Each fine starts at Dhs50,000, and may escalate leading to cancellation of the licence of the violating real estate company
The value of its assets increased 5 per cent from Dhs5.9bn to Dhs6.2bn
However, a new tax of 5 per cent – the Real Estate Transaction Tax – will be levied on property deals in place of the VAT
The board will continue to evaluate the acquisition of other real estate assets in the UAE
Alabbar, founder of UAE-based Eagle Hills, was speaking at the pre-opening of the mega Galerija mall
The company said its board will also discuss the acquisition of other investment real estate assets in the UAE
Construction on the Elan neighbourhood began in July this year