Interest in Abu Dhabi real estate heats up with new REIT launched

16 January 2020

Abu Dhabi-based clean energy firm Masdar is introducing the UAE’s first “green” real estate investment trust (Reit) with a value of up to Dh1 billion, giving investors a chance to invest in a portfolio of income-yielding properties with lower carbon footprint.

Masdar, a subsidiary of Abu Dhabi’s strategic investment arm Mubadala Investment Company, launched the Reit during the Abu Dhabi Sustainability Week. The investment vehicle will initially include four commercial properties within Masdar City, the sustainable urban community in Abu Dhabi … Read more ›

Sunny outlook for UAE real estate market for 2020 and beyond

07 January 2020

The UAE property market is expected to pick up this year on the back of new government policies and the Expo 2020 Dubai event, according to analysts.

The real estate market has endured five years of declining prices following a drop in oil prices that began in 2014, as well as ongoing concerns about an oversupply of properties. Dubai sales prices were 7 per cent lower, year on year, for apartments and 9 per cent lower for villas in the third quarter of 2019, according to … Read more ›

World class Wellness Clinic to open at the exclusive AlJurf Resort

05 December 2019

The UAE is to be home to the second international destination of Sha Wellness Clinic, an award-winning European health and wellness facility in Spain.

Sha Emirates will open in 2023 at Al Jurf, a destination being created by Abu Dhabi developers Imkan.

It will offer a fusion of Eastern disciplines and cutting-edge Western techniques with the aim of transforming guests’ lives through specialised programmes that typically last seven to 14 days.

Located approximately halfway between Dubai and Abu Dhabi, the destination is set … Read more ›

Looking to move to Abu Dhabi?

04 December 2019

Abu Dhabi ranked in the top 15 out of 82 expatriate cities in the world for the third year in a row, a survey from global network InterNations on the best destinations to live and work abroad found.

The list was dominated by Asian cities, with Taipei in Taiwan leading the ranking for the second year in a row followed by Kuala Lumpur in Malaysia, Ho Chi Minh City in Vietnam and Singapore, according to the Expat Insider 2019 study published on Tuesday. … Read more ›

Saadiyat Grove new destination development officially launched on Saadiyat Island

26 November 2019

ABU DHABI: Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, on Monday launched Saadiyat Grove, an Dh8 billion inclusive community located in the heart of Abu Dhabi’s Cultural District on Saadiyat Island and developed by Aldar Properties.
Sheikh Khalid visited the Saadiyat Grove Experience Centre at Mamsha Al Saadiyat and viewed the designs and the master plan of the 242,000 square metre development, accompanied by … Read more ›