Property News: Henry Wiltshire
31 August 2023
Homeowners are mandated to install smoke and fire detectors in their villas, and subscribe to the UAE e-alert system by 1st January 2024.
Previously announced to be implemented on 1st September, the Ministry of Interior clarified that the original cabinet order from September 2020 only commenced the following January when it was published in the official gazette. This means that the three-year implementation period started from the beginning of 2021. Villa owners now have four months left to make the required … Read more ›
31 July 2023
The UAE property market is expected to continue thriving as the country pushes through with its bolstering economy.
In turn, Abu Dhabi Islamic Bank’s home-financing business is also seeing growth, Mohamed Abdel Bary, ADIB’s Chief Financial Officer said. He also expressed that just by looking at the demand, supply and activity in the market, there will still be a lot of traction coming.
According to the latest data from the Department of Municipalities and Transport, in Q1 2023, Abu Dhabi recorded 5,472 … Read more ›
21 July 2023
The recent weakening of the US dollar is coming out favourably for the UAE’s property market as residential and commercial properties in the UAE begin to seem less expensive to foreign investors whose currencies have risen against the US dollar.
It has been depreciating since mid-to-late last year and it is expected to continue to spiral downward as inflation in the US continues.
Headline annual consumer price inflation dropped to 3% in June, down from 4% in May and has continued to … Read more ›
12 July 2023
More and more high net worth individuals (HNWIs) in the UAE are not only opting to get the highly coveted Golden Visas offered by the country, but are also increasingly interested in obtaining a second and third passport as the economy continues to improve.
According to immigration consultancies, the demand for the UAE’s ten-year residence visa has, in certain instances, exceeded the demand for second passports from foreign countries. This trend has emerged as UAE real estate developers are increasingly introducing … Read more ›
07 June 2023
Snow Abu Dhabi is a newly opened sub-zero indoor park located in Reem Mall, operated by Majid Al Futtaim – the same operator behind Ski Dubai, Ski Egypt and Snow Oman.
This new attraction spreads over 9,732 square metres and consists of 20 rides and three food and beverages outlets. Snow Abu Dhabi is inspired by a whimsical enchanted forest, with a large, enchanted tree as the park’s centrepiece.
The lobby, often referred to as the “warm side”, creates an illusion of … Read more ›
22 March 2023
MAYAN, YAS ISLAND
Mayan is a residential development situated on Yas Island consisting of studios, 1, 2, 3 and 4 bedroom apartments and duplexes. The apartments are designed to offer residents comfortable and luxurious living spaces, with modern finishes and high quality materials.
Available for purchase by all nationalities
Handover: May 2021
Service Charges: AED 16.17/sq ft
Views across the golf course and sea
Quality Finishes Spacious Layouts – Contemporary finishes
Light & bright interiors
Spacious ensuite bedrooms
Modern Open Kitchens with hob, extractor … Read more ›