Property News
Latest property news & product launches
Emirates covers customers from COVID-19 expenses
This cover for COVID-19 related medical expenses and quarantine costs is offered by Emirates free of cost to its customers regardless of class of travel or destination.
Are UAE off-plan projects still appealing to investors?
Developers are adapting to the current situation by introducing attractive payment plans and some offer other benefits as well.
All travellers must now be tested before their flight to UAE
Negative COVID-19 test report must be presented at check-in desks before boarding flights.
Dubai's super-prime residential market during Covid lockdown
The Emirate registered six sales above $10m between March and June,
UAE Hope mission: 493 million km journey begins, next stop Mars
The Hope orbiter will arrive in February 2021 to begin a two-year survey of the weather on the red planet.
Dubai International Financial Centre continues with growth in 2020
87 FinTech firms joined the Centre’s technology and innovation ecosystem, boosting the number of licensed FinTech firms by 74% from H1 2019.
UAE reopens prayer rooms as coronavirus measures further eased
Worshippers must maintain a physical distance of two meters.
Off-plan sector in Dubai escaped COVID-19 crisis
Lockdown caused delay in transferring properties, however transaction levels remained consistent with over a thousand transactions month-on-month.
Damac property owners hit by delays in delivery of near-ready units
Investors have been waiting for more than a year despite projects being near-ready.
Appeal for villas surges as prices, rents soften in first half of 2020
As per the Dubai Land Department's data, 15,897 sales transactions were recorded in Dubai between January to June 2020, amounting to a total value of Dh32.5 billion.
Majid Al Futtaim’s Elan commences construction phase
The construction begins following the sale of 594 total units in phases one and two of Elan,
Impact of COVID-19 on demand for commercial space in UAE
April-June quarter witnessed no new office space handovers in Dubai and Abu Dhabi.
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