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Abu Dhabi Property

  • ADCB has made an aggressive foray into the Dubai mortgage market.

  • Can Abu Dhabi learn from the Dubai home loan experience?

  • Quite the reverse appears to be the case with zero early repayment costs already a feature of loans from the Abu Dhabi Commercial Bank, while local Dubai home loan companies such as Amlak Finance and Tamweel still exact these penalties. It seems Abu Dhabi is leaping ahead in home loans.
  • United Arab Emirates: Tuesday, March 06 - 2007 at 09:18 | readers' rating 5/10
  • Work starts on the first Abu Dhabi towers for local and expatriate owners.

  • Better late than never for Abu Dhabi residents

  • Six years after Emaar Properties first started construction of its original six towers in Dubai Marina, which now has more than 100 towers rising skywards, the first towers in Abu Dhabi for local and expatriate homeowners have broken ground. Profile Group Properties has started building the twin Marina Heights towers on Al Reem Island, Abu Dhabi.
  • United Arab Emirates: Monday, February 26 - 2007 at 13:45 | readers' rating 5/10

  • Aldar opens share ownership to non-UAE nationals

  • Aldar Properties will become the first Abu Dhabi listed property company to open ownership of its shares to non-UAE nationals. A statement from the group said a meeting of the Board of Directors would be convened to approve a rule change that would then go to the Economy Ministry for final approval.
  • United Arab Emirates: Sunday, February 18 - 2007 at 09:19 | readers' rating 6/10
  • Shams Abu Dhabi, a mega project by Sorouh

  • Abu Dhabi: no freehold for non-GCC nationals

  • The Abu Dhabi Government has amended its 2005 property legislation which means that non-GCC foreigners can not own freehold land but GCC citizens can, provided the land is within a designated investment area. Long leases will be the only option available for non-GCC nationals as they will not be able to own land on which property is built.
  • United Arab Emirates: Monday, February 12 - 2007 at 08:59 | readers' rating 5/10
  • Adel Al Shirawi, Tamweel CEO looks to Abu Dhabi for new mortgage business.

  • Abu Dhabi realty sales to top $2.5bn this year

  • Residential retail real estate sales in Abu Dhabi will reach around $2.5 billion in 2007, forecast Tamweel, the quoted UAE home finance specialist while this mortgage market will be worth more than $800 million by the end of the year.
  • United Arab Emirates: Tuesday, February 06 - 2007 at 16:43 | readers' rating 5/10
  • Frank Gehry, Jean Nouvel, Tadao Ando and Zaha Hadid have presented designs commissioned by Abu Dhabi's Tourism Development & Investment Company.

  • Aldar's $1.3bn convertible Islamic bond, museum deals

  • This week saw the launch of a $1.3 billion convertible Islamic bond by Aldar Properties, a fixed profit return bond which can be converted into shares and will mature towards the end of 2011. Dubai Ports World has issued a similar convertible Islamic bond that will convert into shares at its expected initial public offering.
  • United Arab Emirates: Thursday, February 01 - 2007 at 09:16 | readers' rating 7/10
  • Abu Dhabi's Tourism Development & Investment Company is overseeing the development of Saadiyat Island.

  • $136bn in Abu Dhabi projects may overtake Dubai, Doha

  • By the end of this decade Abu Dhabi is likely to overtake its neighbors Dubai and Doha as the biggest construction market in the Gulf. Between this year and the end of the decade the UAE capital will invest $22 billion in oil and gas projects designed to keep the emirate among the leading global energy producers.
  • United Arab Emirates: Wednesday, January 24 - 2007 at 14:39 | readers' rating 6/10
  • Wateed, part of the $15 billion Al Raha Beach project.

  • Abu Dhabi projects pass the $100 billion mark

  • What a different a couple of years can make in the Gulf. From a standing start the emirate of Abu Dhabi now has more than $100 billion of real estate projects in hand.
  • United Arab Emirates: Monday, January 15 - 2007 at 11:59 | readers' rating 6/10
Index : Abu Dhabi Property : Page 7
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