PropertyZaar.com

Category: Content
Type: Blog Article

Generated 2 months ago

New blog articles detected

  • Dubai developer-contractor pours deep for a Guinness record

    Dubai A residential high-rise project in Dubai has been conferred with a Guinness World Record for the “longest continuous pouring of concrete” undertaken at its site earlier this month. The process — involving 20,000 cubic metres of concrete — took up 42 hours at a stretch at the Geepas Tower site in the Arjan cluster… The post Dubai developer-contractor pours deep for a Guinness record appeared ...

  • Dubai’s residential price decline set to slow, says Deloitte

    Dubai property prices will continue to fall for the rest of the year, but the rate of decline will be slow, according to a new report by Deloitte. In an update to its Middle East Real Estate Predictions report published in January, the Big Four accountancy firm said that residential prices continued to drop by… The post Dubai’s residential price decline set to slow, says Deloitte appeared first on...

  • Real estate brokers in Dubai now need to gain approval for property ads

    Dubai property brokers will need approval before issuing advertisements and social media campaigns under new rules. Brokers this week received a circular from the Real Estate Regulatory Agency (Rera) alerting them to the need to apply for permits before issuing “any real estate announcements” – this includes print and radio ads, as well as those… The post Real estate brokers in Dubai now need to g...

  • Tunnelling work for Doha Metro’s first phase complete

    Qatar Rail has completed 111 kilometres of tunnelling work required to deliver the first phase of the Doha Metro project. The organisation overseeing the delivery of the country’s rail transport networks said the ­final breakthrough was made when one of its tunnelling machines, Msheireb, broke through at Terminal One of Hamad International Airport, which is… The post Tunnelling work for Doha Metro...

  • Emaar to build twin-towered hotel and residential project at Dubai’s JBR

    Emaar Properties plans to build its first beachfront hotel project in Dubai – The Address Jumeirah Resort and Spa at Jumeirah Beach Residence (JBR). The company said that the resort will contain a pair of 74-storey towers at the end of Dubai Marina, with 100 metres of beachfront looking out on to Meraas Holding’s Bluewaters… The post Emaar to build twin-towered hotel and residential project at Dub...

  • Aldar to start selling homes at third phase of Yas Acres

    Aldar will on October 4 start selling 260 villas and town houses under the third phase of its Dh6 billion Yas Acres, the Abu Dhabi developer’s flagship golf and waterfront development on Yas Island. The project for the first time will offer two-bedroom town houses, alongside three-bedroom town houses and three- and four-bedroom duplexes. Prices… The post Aldar to start selling homes at third phase...

  • Big Apple polishes up its property act – in pictures

    A continuing boom in the New York office workforce have spurred the maintenance and refurbishment sector for buildings in New York City. Office employment in the Big Apple, which in March topped 1.9 million for the first time, is set for its sixth straight year of growth, said the New York Building Congress (NYBC) in… The post Big Apple polishes up its property act – in pictures appeared first on ...

  • Dubai property set for return to growth next year, says Knight Frank

    Dubai’s residential property market is heading for a “soft landing”, with a flattening of prices expected for the remainder of this year ahead of a likely increase next year, according to Knight Frank. The property consultancy’s latest Inside View report released yesterday says that after “a period of restraint” caused by lower oil prices and… The post Dubai property set for return to growth next ...

  • River deep, price high at super luxury Dubai villa

    This villa may be in Dubai but, for those who have never visited Al Barari – the development just off Sheikh Mohammed Bin Zayed Road – it feels as though you have accidentally traipsed into a lush forest or tropical jungle. Such is the focus on the surrounding greenery that there are more than 2,000… The post River deep, price high at super luxury Dubai villa appeared first on PropertyZaar Officia...

  • Dubai landlord orders tenant via WhatsApp to leave in three weeks as ‘villa to be destroyed’

    I received a notice to vacate from my landlord via WhatsApp, rather than by letter. He said he had to evict because the municipality ordered him to destroy the villa. Should he pay me back some penalties since he is asking me to evict within three weeks? SC, Dubai Law 33 of 2008, which amends… The post Dubai landlord orders tenant via WhatsApp to leave in three weeks as ‘villa to be destroyed’ app...

PropertyZaar.com

Category: Content
Type: Blog Article

Generated 2 months ago

New blog articles detected

  • Activist shareholder succeeds in removing Hill International’s founder from its board

    The US construction consultancy Hill International has acceded to demands from the activist shareholder Bulldog Investors by removing three directors, including the founder Irvin Richter. The company, which earned 48 per cent of its US$631 million in consulting fees from the Middle East last year, stated that it had settled a legal case filed by… The post Activist shareholder succeeds in removing ...

  • Emiratis among leading investors in Europe’s prime ski resorts

    Emiratis were among the top eight buyers of properties in ski resorts last year, according to a new study by consultancy Knight Frank. The company’s annual Ski Property Report, which looks at trends in key global ski resorts, said that the range of nationalities buying in the most popular resorts in France, Switzerland and the… The post Emiratis among leading investors in Europe’s prime ski resort...

  • Gulf Related chief bullish on prospects for Al Maryah Central despite market slowdown

    Michael Fahy Developer Gulf Related is bullish about the prospects for its US$1 billion Al Maryah Central development after announcing that 50 per cent of the retail space within the 2.8 million square feet project has already been let. Ken Himmel, the company’s co-managing partner, yesterday acknowledged that as a result of the recent slowdown… The post Gulf Related chief bullish on prospects for...

  • Al Maryah Central mall in Abu Dhabi now 50 per cent leased by retailers

    The developer behind the US$1 billion Al Maryah Central in Abu Dhabi has said that it has already leased 50 per cent of the space at the development, with 785,000 square feet of commitment secured from major UAE retail groups. However, Gulf Related also stated that the project will not now open until August 2018,… The post Al Maryah Central mall in Abu Dhabi now 50 per cent leased by retailers app...

  • Forum Group to build Palm Jumeirah luxury villas

    A Russian-backed property developer plans to develop luxury villas on Palm Jumeirah. Forum Group wants to build 22 luxury villas on the crescent of the artificial island close to hotels such as the Kempinski and Jumeirah Zabeel Saray. The 500,000 square feet development will be called XXII ­Carat villas situated near the end of the… The post Forum Group to build Palm Jumeirah luxury villas appeare...

  • Dubai’s office high-rises are within reach

    Dubai: Seems like a good time for corporate tenants to rent — or renew their leases — in Dubai’s skyscrapers. With rents unchanged on prime floors during the six months to the second quarter of 2016, Dubai’s office high-rises slipped to the 20th spot in the global rankings of cities with the costliest rentals, according… The post Dubai’s office high-rises are within reach appeared first on Propert...

  • Dubai and Abu Dhabi named Middle East’s most sustainable cities

    Dubai has been named as the region’s most sustainable city, but it still falls in the bottom half of a new global ranking of 100 major cities. Construction consultancy Arcadis has placed Dubai 52nd in its 2016 Sustainable Cities Index, which was compiled by the Centre for Economic and Business Research. Abu Dhabi was the… The post Dubai and Abu Dhabi named Middle East’s most sustainable cities app...

PropertyZaar.com

Category: Content
Type: Blog Article

Generated 2 months ago

New blog articles detected

  • Dubai landlady refused to do maintenance for nine years – should villa be returned in good condition?

    I have lived in the same villa for 11 years and after the second year the landlady refused to do any maintenance. We pay for all essential items including AC compressors, electrics, plumbing etc. We are now leaving so do we have to fill holes and paint the property taking into account she has done… The post Dubai landlady refused to do maintenance for nine years – should villa be returned in good ...

  • In Dubai realty, Dh1m is the new price point to fight for

    Dubai: Properties in the Dh1-1.5 million range will be the new battleground as Dubai’s private developers take on the affordable homes’ initiative from master-developers. It will also mean that developers will have to be quick to acquire plots in emerging locations to ensure they can get their costs right. “The market is starting to see… The post In Dubai realty, Dh1m is the new price point to fig...

  • Middle East ‘wave of capital’ targeting London properties

    Middle East property investors are targeting the UK’s commercial property sector after the Brexit vote, according to investment specialists from CBRE. Ed Bradley, a senior director for investment properties in CBRE’s London capital markets team, said that the decline in prices as a result of the fall in the value of the pound, and the… The post Middle East ‘wave of capital’ targeting London proper...

  • Penalty for delays? Why Dubai’s new home owners are not moving in any time soon

    DUBAI: “But where’s my property?” The many who bought into the great off-plan launches Dubai realty saw from 2012 are starting to ask this question of their developers … and probably not getting much by way of a reply. For them, the long wait continues for their properties to be delivered. It is widely estimated… The post Penalty for delays? Why Dubai’s new home owners are not moving in any time s...

  • Bloom Holding looks to finalise deal on affordable housing project near Abu Dhabi airport

    Bloom Holding is hoping to finalise a deal that will allow it to develop a 2.2 million square metres plot of land near Abu Dhabi airport by the end of the year. The chief executive Sameh Muhtadi said that Bloom expects to be able to put about 13,500 homes on the site, and that 2,000… The post Bloom Holding looks to finalise deal on affordable housing project near Abu Dhabi airport appeared first o...

  • Dh13.5 million Elite Residence penthouse is swimming in luxury

    For regular readers of this column, a penthouse in a tall building in Dubai is going to sound a little passe. But this luxury pad takes up half of the 77th storey of the 92-floor Elite Residence, offering 6,246 square feet of space. There are four bedrooms, all en suite, and the master also comes… The post Dh13.5 million Elite Residence penthouse is swimming in luxury appeared first on PropertyZaa...

  • Dubai residents call for relaxation of mortgage rules

    A sluggish Dubai property market is reviving calls to relax mortgage caps and kick-start a real estate recovery. Big project launches at the annual Cityscape Global exhibition in Dubai this week were not enough to distract attention from a stubbornly subdued property market. The focus naturally turned to what could be done to lift sentiment,… The post Dubai residents call for relaxation of mortgag...

  • Expo 2020 buildings to be ready year early for trial events on site

    The bulk of the buildings proposed for the Expo 2020 site will be ready by the end of 2019 to allow for a number of trial events to take place early in 2020, the project’s organisers said. Enabling works are under way at the site, and a contractor is already in place to deliver the… The post Expo 2020 buildings to be ready year early for trial events on site appeared first on PropertyZaar Official...

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