A villa on the Palm, inspired by the designs of Los Angeles beachfront homes, has sold for Dh63 million, becoming one of the bigger deals in Dubai’s property market during the second quarter. The five-bedroom 8,600 square feet home is on the N frond. “The home was presented in absolute mint condition – which went well noticed by the buyers,” said Kunal Singh Gupta, Associate Director of...

The property market in Abu Dhabi is seeing a significant surge in demand from European buyers, with some real estate agents reporting up to a 50% increase in demand in the first four months of 2022 compared to the same period last year. The surge has been linked to a variety of factors, including the city's cautious treatment of the Covid-19 outbreak, developing free zones that encourage company...

Sheikh Mohamed bin Zayed, Ruler of Abu Dhabi, has been elected the country's president. The official announcement followed a meeting in Abu Dhabi of the rulers of the Emirates. He becomes the third president in the UAE's history, following the death of Sheikh Khalifa on Friday. State news agency Wam reported the decision by the Federal Supreme Council, which comprises the rulers of which...

Abu Dhabi: President His Highness Sheikh Khalifa bin Zayed Al Nahyan has passed away on Friday, May 13, the Emirates News Agency (WAM) reported. In a statement issued today, the Ministry of Presidential Affairs announced the death of Sheikh Khalifa. “The Ministry of Presidential Affairs mourns the death of the nation’s President His Highness Sheikh Khalifa bin Zayed Al Nahyan,” the statement...

Golden Residency visa Substantial amendments are introduced to the Golden Residence Scheme to simplify the eligibility criteria and expand the categories of beneficiaries. This long-term 10-year residence is granted to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers and frontline heroes. The amendments allow the...

Dubai: As the UAE’s residency visa stickers in travel permits are supplanted with Emirates ID as of nowadays, April 11, the past shape of stickers will as it were be accessible online as a reference for residents. According to the Government Specialist for Personality,...

Emirati citizens accounted for nearly one-third of the total number of employees of Expo 2020 Dubai. This was due to the many initiatives aimed at empowering Emirati citizens and improving their overall skills as part of the country’s overall Emiratisation efforts. Emirati citizens comprised some 30 percent of all employees of Expo 2020 Dubai, with 248 working in operations while 35 percent worked...

Dubai continuing to grow its reputation as a hub for international business, more and more new home buyers and investors are switching on to the extensive benefits on offer in the emirate’s real estate market Off-plan investment opportunities in Dubai are now attracting “generational interest” with rental returns recording the steepest increase since 2014, property pundits say. Investors can...

According to a recent research, Dubai's real estate continued to rise in February as investors and end-users looked for the finest purchase possibilities for residential properties on long-term lease. The ValuStrat Price Index (VPI), which reached 78.1 points in February – 21.9 percent lower than the 100-point index base of January 2014 – saw a consistent price increase of just over 1% due to...

Part of the UAE's 'Fazaa' project, which strives to revitalize the country's social customs and culture. A mass traditional wedding was held at Expo 2020 Dubai on March 11 under the patronage of the Ministry of Interior, Fazaa Social Security Fund. His Highness General Sheikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior (MOI), attended the event, congratulating 100 grooms...