United Arab Emirates Property News

Dubai’s Stunning 300 Island ‘Heart of Europe’ Project Showing Strong Demand

Just when you thought you had seen it all, property developers in Dubai are set to revolutionise the property market with their stunning upcoming ‘The Heart of Europe’ project. The eye-catching development has already attracted attention worldwide as 600 brokers alone came to visit the location in September this year. The Heart of Europe is […]

Read more

UAE Developers Find New Gap in Property Market

The stagnating UAE residential market is causing property developers to become more creative, and it appears they might have found a gap in the market. Corporate housing apartments are typically fully furnished units and are used by businesses to relocate their employees to a new region should their expertise be required elsewhere. The most common […]

Read more

UAE Becomes the First to Offer Mortgage Services Worldwide

Abu Dhabi City Municipality (ADM) has announced their partnership with Abu Dhabi Islamic Bank to be the first country to offer a worldwide mortgage through its ‘Smart Services Hub’. The step comes after the country went paperless for its real estate transactions in May. The countries oil market has been on a decline thus impacting […]

Read more

Dubai Land Department Adds Apple Pay & Samsung Pay

The Dubai Land Department (DLD) in conjunction with the finance department has announced its intention to roll out smart payments from your iPhone and Samsung device using Apple Pay, Samsung Pay. The mobile payment process is another move from the DLD who are fully committed to regulating & increasing the transparency of the Dubai real […]

Read more

Mega Development – Creek Marina Available for Residence early 2019

When you think you’ve seen it all, Dubai’s property developers respond and prove you wrong. The Dubai Creek Marina is an exciting, mixed development located in Dubai Creek Harbour (The Lagoons) at the heart of Creek Island Dubai. The mega-development consists of six-square kilometres which include residential homes, restaurants and cafes, greenery from parkland and […]

Read more

Aurora Real Estate to Develop New Project in ‘Dubai International City’

This year has been fruitful for Dubai, in the case of private developers handing over huge projects but, it doesn’t just stop there. Aurora Real Estate who have recently developed the ‘Hyati Residence’ located in Jumeirah Village Circle (JVC) are now eyeing another residence block in Dubai International City. Hyati Residence features 20 townhouses and […]

Read more
Northern to Southern Link in Ras Al Khaimah

UAE: New North to South Road Link in Ras Al Khaimah Opens this October

The construction of the AED110 m (US$30 million) highway project for the Emirate of Ras Al Khaimah is to set to be completed by the third quarter of this year. According to Ahmed Al Hammadi, the Ministry of Infrastructure Development, 80% of the extension is now complete. The road will be linking from northern to […]

Read more

UAE Set Example by Seizing Assets of Schon Properties

The Dubai Land Department (DLD) recently seized all assets of Schon Properties due to the company not implementing safety procedures for their investors. They have advised all future investors to place their deposit money into an Escrow account and to transfer small milestones for each stage the project completes. DLD commented on this matter stating: […]

Read more

UAE: Three Factors Affecting Dubai’s Real Estate Market

When most people think of the UAE, the first word that usually comes to mind is ‘oil’. However, this once thriving industry changed dramatically in 2014 when both prices & demand took a dive, causing Dubai & the rest of its neighbouring Emirates scrambling to find a way to bounce back. As previously mentioned, the […]

Read more

UAE Hypermarket Launches 13th New Store in Saudi Arabia

UAE supermarket & department store chain Lulu Hypermarket has revealed plans on its intention to invest SR 1 billion (US$270 million) in Saudi Arabia at the launch of the company’s largest store so far in the nation’s capital. The Hypermarket chain intends to open three additional stores in Riyadh with a total of five aiming to […]

Read more