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Abu Dhabi records over AED 22.5 billion total of real estate transactions in first half of 2022

Abu Dhabi records real estate transactions worth Dhs22.5bn in H1 2022

The Department of Municipalities and Transport recorded 7,474 property transactions in the first six months of the year

Dubai issues decree for commercial properties

Dubai issues law regulating use of commercial lands

The Dubai Land Department has been authorised to conduct inspections of commercial land plots to ensure full compliance with the ‘Musataha’ agreement

Sheikh Mohammed approves Dubai budget 2023-2025

Dubai: Sheikh Mohammed introduces incentives for property investment funds

The decree covers all real estate investment funds licensed and regulated by government authorities as well as private development zones and free zones

Sharjah real estate transactions in June 2022_GettyImages-503648550

Sharjah real estate transactions in June touch Dhs1.9bn

The Sharjah Real Estate Registration Department registered 358 mortgage transactions worth Dhs764m

Dubai Rental Market on the uptick in June GettyImages-1392301478

Rental growth rising in Dubai’s residential market, despite price growth moderating: CBRE

Average rents in the 12 months to June increased by 21.7 per cent, with average apartment and villa rents increasing by 21.2 per cent and 24.7 per cent, respectively

Dubai

Dubai home sales surge even as prices for larger houses moderate

Prices for villas grew at a monthly rate of 1.7 per cent in June, down from an average of 2.3 per cent per month last year

Grove District

Abu Dhabi’s Aldar sells out three buildings at Grove District, releases fourth

The sales recorded at Grove District so far total up to Dhs600m

Mo’asher

Mo’asher 2022: The latest updates from Dubai’s official residential real estate performance index

In May, Dubai recorded the highest volume of sales transactions for the same month in the past decade, showed data from Mo’asher

GFH student housing portfolio in the US

Bahrain-based GFH Group acquires $300m US student housing portfolio

GFH Financial Group’s investment strategy in the student housing sector is focused on building a diversified portfolio that comprises top universities in the US

reits

Insights: Is the UAE utilising property REITs to its long-term benefit?

Local real estate investment trusts can benefit from a different approach to real estate lending by local banks and an enhanced legal framework to support their growth and popularity

Dubai Land department

Rent in Dubai can now be paid online rather than post-dated cheques

Tenants will soon be able to pay their rent automatically through online banking rather than post-dated cheques

Key decisions: How to best invest in or purchase a property

There’s a rising number of property management firms available to cater to demand, but are they all equal?

Saudi Arabia maintained its position in the top 50 global rankings

Revealed: UAE’s real estate market ranked as top global improvers

Dubai enters ‘Transparent’ tier status for the first time driven by new regulations and enhanced digital services

Chairman of Dubai’s ORO24 Developments on the country’s real estate trends

There is a high momentum particularly in the off-plan segment and it will only grow, notes Atif Rahman

Dubai’s real estate sector is evolving post Expo 2020. Here’s why

Despite a year’s delay, the expo event successfully managed to bring the world together in Dubai

Superagent from Property Finder - a new AI algorithm

Introducing Property Finder’s SuperAgent, a new AI-driven ranking system for agents

SuperAgent uses millions of data points and aims to help home-seekers find the most responsive agents with up-to-date and improved knowledge of the properties

ALDAR invests in ARONGA VENTURES FUND

Aldar partners with real estate technology investor, Taronga Ventures

The investment in the Taronga Ventures fund adds to Aldar’s investments in four other real estate technology funds

Majid Al Futtaim Joins MIT Center for Real Estate as a Strategic Partner

Majid Al Futtaim joins MIT Center for Real Estate as a strategic partner

Majid Al Futtaim – Properties, which is the first real estate developer from the MENA region to join MIT/ CRE as a strategic partner, will collaborate with the centre on in-depth research across areas of common interest

banke international Properties

Banke International Properties’ Porush Jhunjhunwala on opportunities for investors in UAE’s real estate sector

The CEO of the Dubai-based property firm showcases his company’s operations and expansion, and the UAE’s thriving real estate market

UAE: Keeping the real estate momentum going

Recent policy initiatives that make it easier for foreigners to live and work in the UAE have also bolstered the demand for real estate properties

Dubai sales transactions

Dubai records decade-high real estate sales transactions in May 2022

The emirate’s real estate market recorded a total of 6,652 sales transactions in May

Scott Bond Property FInder UAE Country Manager

Cover story: Property Finder’s Scott Bond on why Dubai is a pioneer in real estate

The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why

ADGM new property legislations for off plan

ADGM issues new rules for off-plan property sales on Al Maryah Island

Abu Dhabi Global Market has also amended the existing real property related fees by enacting the Real Property Regulations (Fees) Rules 2022

Property finder launches tools to support real estate agents and buyers

Bayut & dubizzle to launch five new tools to serve buyers and agents

Developed with advanced algorithms, the new tools offer a range of features that will support both buyers and real estate agents

Sukuk

Sharjah’s Arada raises $350m via dollar sukuk, lists on London Stock Exchange

The issuance witnessed demand from regional and international investors, with a subscription order of $720m, more than two times the offer size

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments

How Central Park Towers, DIFC, opens up new avenues for Dubai’s real estate market

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments, explains why the project is an attractive proposition to its residents and businesses setting up base within the prime location

stake

The SME Story: Rami Tabbara, co-founder and co-CEO of Stake

A digital fractional real estate investment platform is offering a chance for those with limited budgets to enter the property market

damac properties us miami

Dubai’s Damac Properties makes US entry by winning $120m bid in Miami

The property in the Miami neighbourhood of Surfside will offer residents direct beach frontage and access to South Beach and Bal Harbour

dubai real estate

Mo’asher: Dubai records 6,983 real estate sales transactions in April 2022

It marked a 45.5 per cent increase over the month of April 2021

Emaar signs deal with Dubai Holding to acquire Dubai Creek Harbour

Dubai’s Emaar Properties records 241% increase in net profit for Q1 2022

Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn