News
The UAE’s industrial and logistics space is increasingly attracting global investor interest, according to global real estate advisor JLL. JLL said the recent sale-and-leaseback of Transworld Group’s logistics facility in Jebel Ali Free Zone, Dubai showcases positive investor sentiment and signals future growth in the sector. The rise in e-commerce and subsequent digitisation of the…
Ghalia houses 727 fully furnished, luxury apartments and is located in the heart of the Jumeirah Village Circle. Ghalia, Damac’s first Sharia compliant offering, has entered the handover phase with the first residents being welcomed. The development houses 727 fully furnished, luxury apartments and is located in the heart of the Jumeirah Village Circle community….
Dubai: Not everyone in Dubai’s property market is thrilled about landlords offering short-term rentals. The residents at the Oceana on the Palm definitely aren’t. The Owners Association (OA) at the recent annual general meeting set penalties on any owner allowing his unit to be leased on a short-term basis. Unlike at other communities, the contractual…
The buyer of a six-bedroom villa on Saadiyat Island became the first foreigner to receive a freehold title deed from Abu Dhabi Municipality on Thursday, according to the real estate consultancy Henry Wiltshire International. Long-term Abu Dhabi resident Sami Ghandour, 69, an engineer born in Jordan but originally from Palestine, was handed the document by…
Owning a home is a keystone of wealth… both financial affluence and emotional security.