United Arab Emirates Property News

Dubai Properties Attending Beijing LPS to Attract Investment

Dubai Properties are participating in the well known Luxury Property Showcase known as LPS in Beijing this year. Sources make it clear that there is a high demand from potential buyers in China. Dubai Properties are looking to showcase 1 Jumeirah Beach Residence, as well as highlighting the duo residential projects underway at Business Bay […]

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Binghatti Developers Close to Completing Dubai Silicon Oasis Project

Binghatti Developers Close to Completing Dubai Silicon Oasis Project

Binghatti Developers, a leading investment company and property developer in the UAE, has announced that Binghatti Crystals is on track to complete the Dubai Silicon Oasis project. The work on the basement, ground and residential floors have already been completed. However, there is still further installation work remaining. This 12-floor striking building in Dubai Silicon […]

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Tilal Al Ghaf Project

Tilal Al Ghaf Project Sets New Standard for Mixed-Used Developments in Dubai

Tilal Al Ghaf, a development project from Majid Al Futtaim is to set a new standard for mixed-use developments in Dubai. The project aims to reduce the carbon footprint by 55 percent and potable water demand by 25 percent. In addition, it plans to increase recycling of organic waste by up to 80 percent. These […]

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Address Downtown Hotel

Address Downtown Hotel reopens after New Year’s Eve Blaze in 2015

Address Downtown Hotel, owned by Emaar group is set to reopen for its guests following the horrific accident that caused the building to be set on flames in 2015. Police had confirmed there was no evidence of foul play, reports suggested that 15 people had been injured. The hotel is well known around the world […]

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mag ld

MAG LD Reveals Plans to Build Towers Costing $82million in Dubai

MAG Lifestyle Development (LD) plans to build towers, which will be named MAG 612 and MAG 614. The $82 million projects will be located in in Jumeirah Village Circle. Talal Moafaq Al Gaddah, CEO of MAG LD, said: “We are set on maximising the potential of strategic locations across Dubai for the benefit of our […]

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Dubai Skyline

Positive Feedback from Dubai’s Real Estate Agents on New REST System

In this news article, we take a look at the first-hand reaction from local estate agents in Dubai from the recent move taken from Dubai Land Department on building a system that will scrap all paperwork involved in a property transaction. The system will be named “Real Estate Self Transaction” also known as REST. Most […]

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savills acquire cluttons

Savills Discreetly Acquires Cluttons Operations within Middle East

Savills, one of the biggest UK-based real estate companies has closed a deal with Cluttons to take over in the Middle East. Cluttons currently operate around the globe in countries such as India, South Africa, UK and Europe with their HQ in London. The acquisition has gone through on the 31st of May which puts […]

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Dubai Land Department Goes Digital – Real Estate Transactions Now to Go Paperless

As if Dubai hasn’t changed the real estate world enough they are set to do another daunting task, that’s right as the title states they want to fully get rid of paper documentation when it comes to a sale of a property or rental; they have already set a date of when they want to […]

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Emirates Reit Limited Announces 23% Increase in the Real Estate Revenue

The UAE-based leading property investment firm, Emirates Reit Limited announced 23% increase in the real estate revenue over the past few months. The real estate revenue during the first quarter of 2018 climbed to $13.2 m (Dh48.6m) however, during the same tenure the essentially net income, EBITDA rose to 21 percent reaching an amount of […]

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Jumeirah Lake Towers

2,635 Units Consisting of Flats, Duplex Apartments to be Built in Jumeirah Lake Towers

DMCC who is the global centre for trade, enterprise and known to be the chief developers of Jumeirah Lake Towers in Dubai, are now planning to enter a new market within the housing sector where they are looking to branch out an astonishing 10 million sq ft. On Sunday Seven Tides, a luxury property development […]

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