Abu Dhabi Property
Mortgage market development to transform UAE realty prices
- EFG Hermes has just published a study of the nascent UAE mortgage market, which points to a ten-fold growth from $4.4bn today to $44bn by 2012. The implications for the development of the real estate markets of the Emirates are enormous both in terms of deepening the market and selling prices.
- United Arab Emirates: Wednesday, January 02 - 2008 at 10:17 |
Can Abu Dhabi buyers learn from the experience of Dubai?
- Abu Dhabi developers report that after a slow start to the year, admittedly with a very limited number of projects to sell, that sales have picked up sharply in the second half. But what lessons can be learned from neighbouring Dubai which started selling real estate to foreigners three years before Abu Dhabi?
- United Arab Emirates: Monday, December 17 - 2007 at 14:18 |
Abu Dhabi likely to follow Dubai on regulatory framework
- A seminar on property laws in the UAE capital this week concluded that Abu Dhabi is most likely to follow the example of neighboring Dubai in establishing a new regulatory framework for its real estate sector. A title registry, regulatory body and multi-owned building regulations are expected.
- United Arab Emirates: Monday, December 10 - 2007 at 14:45 |
Price spike sees land prices double
- HSBC this week published a report recommending shares in Aldar and Sorouh as plays on the emerging Abu Dhabi property market. The bank pointed to a tight property market this year with a 22 per cent surge in rents, an 18 per cent rise in real estate prices and a virtual doubling of land prices.
- United Arab Emirates: Wednesday, December 05 - 2007 at 00:14 |
Challenges ahead for Abu Dhabi as growth accelerates
- Abu Dhabi has $2.4 trillion worth of committed and announced projects that will allow the population of the UAE capital to double over the next decade. But this expansion creates huge huge challenges for the emirate to tackle.
- United Arab Emirates: Wednesday, November 28 - 2007 at 09:58 |
Abu Dhabi a bigger construction site than Dubai within four years
- The volume of construction activity in Abu Dhabi will outpace neighbouring Dubai within four years, delegates at the MEED conference in the UAE capital heard this week. This building boom will allow the population of the city to double within a decade and the focus is very much on private sector involvement.
- United Arab Emirates: Thursday, November 22 - 2007 at 13:48 |
Fast track for Yas Island's Ferrari theme park
- Abu Dhabi developers are determined to deliver on time and avoid the delays that have hampered major projects in Dubai. But Aldar Properties has certainly put its Ferrari theme park on Yas Island on to an appropriate fast track to be in time for the first Abu Dhabi Grand Prix F1 race in the spring of 2009.
- United Arab Emirates: Wednesday, November 07 - 2007 at 11:26 |
Abu Dhabi off-plan sales brisk at Cityscape
- Abu Dhabi property developers occupied massive stands at this year's Cityscape Dubai, the largest property show in the world. And even a cursory visit to the stands confirmed that off-plan sales on the first mega projects were strong with buyers not always able to secure their first choice of location.
- United Arab Emirates: Sunday, October 21 - 2007 at 11:42 |
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