Due to strong demand and a shortage of high-quality inventory, retail rents in Dubai and Abu Dhabi have increased by double digits in recent months. CBRE Middle East reports that while rentals in Dubai increased 10.5% in the first quarter of the year, they increased 14.7% in the UAE capital. Read this also : Dubai and Abu Dhabi’s retail rentals are rising by double digits. The real estate...

Bloom Holding, a prominent real estate development firm in the UAE, has announced the successful sell-out of Olvera, the latest phase of its Bloom Living project. The rapid sales pace of townhouses in this phase reflects strong demand from buyers and investors, with the sales center reporting significant interest. Read this also : Dubai’s Housing Delivery to Reach 35,000 Units by 2024 on Account of...

Dubai's real estate market is poised for robust growth, with projections indicating the delivery of over 35,000 new residential units by the year-end, as per a recent study by JLL. This surge in housing supply is attributed to buoyant investor demand, driven by innovative product offerings, attractive payment options, and recent adjustments to the golden visa requirements. Read...

Ohana Development, with the leading associate Metropolitan Capital Real Estate, is launching Elie Saab Waterfront, the first branded residential tower on Al Reem Island, marking a milestone for luxury real estate in Abu Dhabi. Read this also : Aldar Launches Athlon, Dubai’s First ‘Active Living’ Community The Elie Saab Waterfront project represents a groundbreaking development in the luxury...

Aldar Properties (Aldar) has formed a partnership with Siemens to develop Saadiyat Grove, an innovative mixed-use project in Abu Dhabi’s cultural district. The collaboration aims to transform Saadiyat Grove into a leading example of smart urban living worldwide. The agreement was signed during the World Future Energy Summit (WFES) in Abu Dhabi. Read this also : UAE: Emaar Offers Free Repairs for Homes...

Bloom Holding has recently unveiled "Seville," the fifth phase of Bloom Living, an integrated community in Abu Dhabi, marking an exciting addition to its portfolio. Inspired by the architectural charm of the Mediterranean region in Spain, Seville promises to deliver a unique living experience with its picturesque lakeside views. The development features an array of residential options, including...

A recent report released on Wednesday reveals that prime residential real estate in the United Arab Emirates is poised to yield between 6.25% and 7%. According to CBRE Research’s 2024 Market Outlook for Middle East real estate, residential properties are projected to yield between 7% and 7.5%. Within the office sector, the anticipated yields for prime offices range from 6.5%...

Abu Dhabi is currently engaged in advanced negotiations to acquire and transform the Ras El-Hekma property situated on Egypt's northern coast, reports Bloomberg. Properties for sale in Dubai : Click Here Sources familiar with the matter reveal that Talaat Moustafa Group (TMG) and select Egyptian state-run entities are poised to retain approximately 20% ownership of the...

Ensure your travel plans in the UAE remain hassle-free, whether you're exploring theme parks or catching a flight, with the convenience of complimentary shuttle bus services in Dubai and Abu Dhabi. Here's a detailed guide to the available options, making your journey smoother and more cost-effective. 1. Explore Abu Dhabi’s Top Tourist Attractions for Free In Abu Dhabi, Experience Abu Dhabi's...

In commemoration of the UAE's 52nd Union Day, Abu Dhabi has unveiled a substantial housing benefits package totaling AED 7.6 billion ($2.1 billion). This initiative, aligned with the vision of the wise leadership, reflects the continuous commitment to fulfilling citizens' aspirations and ensuring a decent life alongside family and social stability. Visit The Properties for Sale in Dubai : Click...