Author: Property News
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Al Etihad Credit Bureau announces collaboration with Nakheel PJSC
Dubai, UAE – 21 March 2023: Al Etihad Credit Bureau (AECB), a company that provides information and analytics to support credit decisions, has announced a collaboration with Nakheel PJSC. The strategic collaboration aims to develop a sustainable, data-driven framework that will support the growth of the UAE real estate sector at scale and further reinforces…
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The Retail Summit 2023 Saw 900 Delegates and 72 Industry Speakers For Its Third Edition
March 2023, Dubai, United Arab Emirates – The Retail Summit, an annual event providing unprecedented access to hear from global retail giants on the future and movement of the retail sector, took place on the 14th and 15th of March, seeing over 900 delegates and 72 speakers come together for an unforgettable retail industry event. This year’s…
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LEOS Unveils First Luxury Residential Development Hadley Heights in Dubai
20th March, Dubai, UAE: LEOS International, a renowned and respected luxury property developer with presence between the United Kingdom and the Middle East, unveils Hadley Heights, its first premium residential property development situated at the heart of Jumeirah Village Circle (JVC) in the UAE. Hadley Heights is a high-end residential building that fosters a lifestyle of luxury, elegance, and modern living by melding city…
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MOHAMMED BIN RASHID AEROSPACE HUB IN DUBAI SOUTH BREAKS GROUND ON HANGAR FACILITY FOR HELICOPTERS
Dubai, United Arab Emirates, 20 March 2023: The Mohammed Bin Rashid Aerospace Hub (MBRAH) announced the start of construction of the second phase of Dubai Helipark, its Helicopter Centre, in partnership with Air Chateau International. Air Chateau International was certified by the General Civil Aviation Authority to commence helicopter operations at the Dubai Helipark in…
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RAK Properties Launches Additional Tower at Bay Residences Following Second Phase Sell-out
Ras Al Khaimah, 17 March 2023 RAK Properties, the leading real estate developer in Ras Al Khaimah, launches additional tower at its exclusive beachfront community Bay Residences, located on the prestigious Hayat Island. The release of the fourth tower comes after the success of sales at the second phase and follows a huge surge in…
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Eshraq Investments: AED 162 million for the sale of 58 residential units in Burj Daman.
Abu Dhabi, UAE; 17 March 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has entered into Memoranda of Understanding (“MOU“) with regard to the sale of all the 58 apartments it owns in Burj Daman-DIFC-Dubai for a total sale consideration of AED 162 million. The transactions are a continuation of the Company’s…
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THE ELLINIKON BREAKS NEW GROUND WITH GREECE’S TALLEST BUILDING, RIVIERA TOWER
Lamda Development has broken new ground in Athens with work now underway at the iconic Riviera Tower, Greece’s tallest building and first ever skyscraper. Set to be completed by March 2026, the 200-metre Riviera Tower is just one highlight of The Ellinikon, one of the largest, most ambitious urban regeneration projects in the world. The Ellinikon…
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Wasl launches Park Views Residences at Wasl1 in Zabeel
Dubai, UAE, 16 March 2023: Wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, announced the launch of Park Views Residences, the new phase of the Wasl1 mixed-use master development overlooking Zabeel Park and located on Sheikh Zayed Road next to the Max Metro Station. The project also…
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International and Regional Retail Leaders Take the Stage Today at The Retail Summit 2023
March 2023, Dubai, United Arab Emirates – The Retail Summit, an annual event providing unprecedented access to hear from global retail giants on the future and movement of the retail sector, remains the ultimate industry networking event on the global calendar, and commences today and tomorrow. The highly-anticipated two-day summit brings all industry players under one roof,…
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Department of Municipalities and Transport reports 6% reduction in service fees for real estate development project service charges in 2022
Abu Dhabi, 15 March 2023: The Department of Municipalities and Transport (DMT) have revealed that service fees for real estate units’ owners and investors in development projects were reduced by 6% during 2022. The reduction in service charges led to property owners and investors saving over AED37.2 million in 2022. DMT also announced that 319…
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