First Abu Dhabi Bank (FAB), the UAE’s largest bank, collaborated with the Abu Dhabi Residents Office (ADRO) to offer exclusive and competitive mortgage rates and deposit products for Golden Visa holders in Abu Dhabi.

Under the scheme, eligible visa holders will have access to five-year fixed mortgage rates from 2.49% per year with a fee waiver and up to 1.68% iSave deposit rates per year.

“By providing recipients of the UAE Golden Visa exclusive benefits for mortgages and deposit products, FAB is … Read more ›

Abu Dhabi residential communities have seen an increase in sales prices following higher demand in key areas as the country recovers from the repercussions of the recent pandemic.

According to Propertyfinder, the average sales listing price for an apartment in the emirate jumped from AED 1.15M as recorded in January to AED 1.3M in July, while villa / townhouse sales listing price went from AED 4.1M in January to AED 4.57M in July.

“In Abu Dhabi there is an undersupply of villas, … Read more ›

UAE: The Ministry of Human Resources and Emiratisation announced last week that private sectors in the country shall get four days holiday, starting from 19th July to 22nd July.

The said holiday is in celebration of Eid Al Adha which will start on 9th Dhu Al Hijjah (Day of Arafat), falling on Monday, 19th July, and will end on Thursday, 22nd July, following the Islamic calendar. The celebration will be paid holidays for all workers in private sectors, institutions and companies … Read more ›

The onset of the COVID-19 pandemic in 2020 has the UAE and the rest of the world in a downward economic spiral.

Educational institutions have shut down, the workforce was mainly made to work from home, the ports and borders were momentarily closed, and a number of people have lost their jobs.

With the whole world drawing a blank on how to face such a global crisis, the UAE government was quick to act and combat this drawback: PCR tests were readily … Read more ›

Abu Dhabi, UAE: Aldar Properties (‘Aldar’), Abu Dhabi’s leading developer, has announced the launch of the second phase of its Al Gurm development project, an exclusive and self-sustaining waterfront community situated on the South-West side of the capital’s mainland. The beach facing land plots which form archipelago-style islands are exclusive for purchase by UAE nationals.

A total of 71 new plots ranging from 900 to 4,400 sqm are spread over the distinct areas: The Beach, The Canal … Read more ›

There is no doubt that the UAE is home to some spectacular properties. From penthouse apartments to plush villas with sprawling gardens and incredible pools, it’s a real estate haven.

Each week, The National showcases some of the finest homes on offer in its Property of the Week. Here, we take a look at a podium villa at Al Zeina in the Al Raha Beach development in Abu Dhabi.

The key details

This corner property is located in a central position within the popular Al … Read more ›