Luxury Rentals Still Demand $10,000 Per Night for Last-Minute Bookings. Dubai: Travelers booking holiday homes in Dubai for the busiest week of the year are pleasantly surprised. Many are finding that short-term rentals in popular locations to celebrate the
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Discover Detour Destinations and TV Show-Inspired Hotspots Shaping 2025 Travel Trends. Dubai: In an era defined by FOMO (fear of missing out), social media often paints a picture of everyone embarking on exotic adventures. Iconic destinations like Bali’s lush
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Revenues from UAE operations alone hit Dh7.1b, fueled by new project launches driving strong sales. Dubai: Emaar Properties has delivered impressive results, with H1-2024 revenues rising 17% to Dh14.4 billion, leading to a net profit before tax of Dh7.8
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The difference is no longer just about big price gaps between off-plan and ready-to-move-in homes. Dubai: The difference between the prices of new off-plan properties and those in the secondary market is growing significantly in Dubai’s real estate sector.
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Steady Advancement in Turnaround Strategy with Focus on Cost and Debt Management. Dubai-based Union Properties announced a net profit of Dh18.37 million for the third quarter of 2024, reflecting a slight decrease from last year’s Dh19.73 million for the
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Developers Should Think Beyond Payment Plans. In Dubai’s property market, affordability remains a key topic that cannot be ignored. For many potential buyers, affordability became a major concern again due to inflation in 2023. Housing has not been this
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Landlords with older properties must provide clear justifications for increasing rents. Dubai: Tenants in Dubai can look forward to greater transparency in rental adjustments and reduced chances of facing arbitrary hikes once the new digital rental index becomes operational
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Tata Group’s Indian Hotels Company Limited (IHCL), operator of Taj, Vivanta, and Gateway brands, is advancing its UAE and GCC footprint with a strategic approach. IHCL is focused on expanding in markets with a strong Indian diaspora, robust airline
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Protecting Your Assets to Prevent Complications and Ensure Your Family’s Future. Dubai: Purchasing your ideal apartment or villa in the UAE is a significant achievement, likely anchoring your long-term plans to reside here. However, there’s one crucial step remaining
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Can the Property Owner Take Legal Action and Recover Paid Amounts? Question: I purchased an off-plan property a year ago and paid about 30% of its value. Recently, I lost my job and can no longer afford the instalments.
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