Rotana to Open 12 New UAE Hotels

• Monday, 5th December 2016
• by Farah Montasser

Rotana, an international hotel management company, is set to open 12 new hotels in the UAE by 2020, six of which are to become five-star hotels, while the other ones will comprise of four- and three-star hotels as we ...

Abu Dhabi, Dubai Markets Show Signs of Recovery -Report

• Sunday, 20th November 2016
• by Karim Mohy

The real estate markets of the emirates of Dubai and Abu Dhabi recorded an uptick in rental values and a slowdown in the rate of price drops, according to Bayut.

Abu Dhabi Rents Continue to Decline -Asteco

• Wednesday, 16th November 2016
• by Karim Mohy

According to real estate consultancy Asteco, apartment rental rates in Abu Dhabi continued to decline in the third quarter of 2016.

Aldar Awards Early Works Contract for Mayan Project

• Sunday, 13th November 2016
• by Karim Mohy

Abu Dhabi-based developer Aldar Properties awarded the AED 30 mn early works contract for its Mayan project to Dutch Foundation & Concrete Rehabilitation Company WLL on Sunday.

Eshraq Announces Three New UAE Projects

• Thursday, 10th November 2016
• by Karim Mohy

Abu Dhabi -based developer Eshraq Properties announced on Tuesday three major projects in the UAE: Jumeirah Village Circle, the Marina Rise Project and The Gateway.

Abu Dhabi Sees Slide in Rents: CBRE

• Monday, 7th November 2016
• by Karim Mohy

Residential rents in the emirate of Abu Dhabi declined by 2% quarter-on-quarter while rents for office space as well as hotel occupancy rates also declined, according to CBRE's Q3 2016 Marketview for Abu Dhabi.

Bloom Completes Bloom Central Project

• Sunday, 30th October 2016
• by Karim Mohy

Abu Dhabi developer Bloom Properties, a subsidiary of Bloom Holding, has announced the completion of Bloom Central, its mixed-use development in Abu Dhabi.

Apartment Rents in Dubai and Abu Dhabi Continue Decline

• Sunday, 30th October 2016
• by Karim Mohy

The average rents for apartments in Dubai and Abu Dhabi witnessed a minor decline in the third quarter of 2016, according to bayut.com's latest UAE market report published last Monday.

Abu Dhabi to Speed Up Issuance of Construction Permits

• Monday, 24th October 2016
• by Karim Mohy

Abu Dhabi's Executive Council announced on Saturday its approval to start issuing construction permits at the Municipal Affairs and Transport Authority to centralize and expedite the process.

Job Cuts Put Pressure on Abu Dhabi’s Property Market

• Sunday, 23rd October 2016
• by Karim Mohy

Increasing job cuts in the private and public sector in Abu Dhabi have led to downward pressure on rents and sales prices.