Landlords receiving multiple rental cheques will soon be a thing of the past as the UAE gears up for a process of direct debit from tenants’ bank accounts for their annual leasing payments.

Earlier this month, the Dubai Land Department affirmed its agreement with Emirates NBD to play a part in the process. Currently, big developer-landlords are charging an additional fee for tenants wanting to do direct debit. The shift, which also highlights a support for the UAE de-criminalising most aspects … Read more ›

The Pearl Residences…

…in Saadiyat Island is a brand new development offering five residential buildings in classic Arabian and Mediterranean styles, each boasting quality finishes, remarkable views and an elevated lifestyle.

The development is a private, gated community on the water’s edge, surrounded by a marina where residents benefit from luxury waterfront living and 5-star experience.

Saadiyat Island boasts a championship golf course, Saadiyat Beach Club, exquisite sandy beaches, luxury hotels and multiple retail/dining options. It is also the cultural heart of Abu … Read more ›

In its 9th year of celebrating the real estate industry’s top agents and agencies in the UAE, the Property Finder Awards was back live and in person, following its virtual awards ceremony in 2020 due to the COVID-19 restrictions.

The prestigious Property Finder Awards 2021 was held on 16th November at the Armani Hotel in Burj Khalifa, Dubai, where over 450 industry professionals gathered to honour the winners of the esteemed property awards.

We are proud to announce that Henry Wiltshire International … Read more ›

Abu Dhabi – As part of the emirate’s efforts in boosting transparency and further property investments, a new batch of 14 mediators have remotely taken an oath before Abu Dhabi Judicial Department under-secretary Yousef Saeed Al Ebri and Department of Municipalities and Transport under-secretary Abdullah Al Sahi.

The oathtaking was made in reference to the second batch of qualified Abu Dhabi real estate conciliators approved by Sheikh Mansour bin Zayed who are all certified and have passed the basic training program … 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 ›

Abu Dhabi – Yas Creative Hub, the first industry-specific hub in GCC for media, entertainment, and gaming, is set to house Twofour54 Abu Dhabi, the capital’s media free zone, by Q4 this year.

Media and gaming giants CNN, Ubisoft and Unity Technologies have already confirmed to join, and more than 600 companies are expected to follow suit.

The megaproject spreads over 2.9 million sq.ft. (270,000 sq.m) and 16,000 + professionals will relocate to the new campus by 2031, three times as many … Read more ›