Property News: London News

Abu Dhabi has announced new rules and laws to improve investor protection and fast track the monitoring process

Arabian Business was informed by specialists that Abu Dhabi has implemented extensive changes to its real estate laws that provide investors with a “triple protection” system and impose fines of up to AED 2 million for infractions.

More protection is intended for developers, buyers and financiers under the new regulations announced by the government which will be effective by August 2, 2025.

Abu Dhabi Real … Read more ›

Dubai: According to Savills’ most recent report from Residential Market in Minutes shows, the residential real estate market in Abu Dhabi is remaining stable in 2025 despite fewer new developments entering the market.

The slow development of new ready to move in homes has resulted in less demand, resulting in increased sales prices and attracting ideal buyers and investors.

The property market still persists even as the transaction volumes have fallen 39% in Q1 as compared to last year in the same … Read more ›

Abu Dhabi based Aldar Properties announced exciting projects as the company surpasses AED 1 billion in third-quarter profits. The overall profits total up to AED 1.25 billion against 886.7 million a year ago.

From generating AED 3 billion last year to Dh4.57 billion currently, the growth in earnings for the first nine months of 2024 shows remarkable progress.

Two New Island!

According to Aldar, plans will be revealed soon for projects on two smaller islands located near the Yas and Saadiyat islands. According to CFO Faisal Falaknaz, the new announcements will be ultra-luxury homes and these … Read more ›

The Sphere Entertainment Co. and Abu Dhabi tourism officials announced that Abu Dhabi will be the next city to provide entertainment in the well renowned spherical structure.

According to a news release from H.E. Mohamed Khalifa Al Mubarak, chairman of the Department of Culture and Tourism Abu Dhabi, the intended venue aligns with the Tourism strategy 2030 of further establishing Abu Dhabi, the capital of the United Arab Emirates “as a vibrant hub for culture and innovation.”

Al Mubarak stated, “We’re not … Read more ›

Construction has begun on the ultra-premium, two-tower ‘One Maryah Place’ office complex in Abu Dhabi.

This landmark new development will be developed in the epicentre of the Abu Dhabi Global Market (ADGM) which is seeing phenomenal success in attracting companies to establish themselves in the Abu Dhabi Financial Centre. This occurs at a time when premier office space is in high demand, with Abu Dhabi leading the way.

Construction has begun on the first of Abu Dhabi’s upcoming series of Grade office … Read more ›

Abu Dhabi real estate assets valued over $8.1 billion will be managed by Aldar and Mubadala under a new agreement.

The two corporations will establish four joint ventures, to accelerate Abu Dhabi’s rise as a top global business destination.

As part of a new collaboration agreement, Aldar Properties, the largest real estate developer in Abu Dhabi, and Mubadala Investment Company will create four joint ventures to own and manage real estate assets valued at over AED 30 billion ($8.1 billion) around Abu … Read more ›