Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months

منصة استثمارية لـ”لوتاه لتطوير العقارات” تتلقى 3,000 استفساراً

Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months Surge in interest reflects a robust demand for property investment in the UAE, especially from first-time investors Real Share platform allows local and international investors to invest as low as AED5,000, with annual returns ranging from 6 to 9 per cent* The fractional ownership platform of Lootah Real Estate Development (LRED), one of the region’s most prominent real estate developers, has received over 3,000 enquiries since its launch in December, indicating a robust demand for property…

The Iconic Elan Neighbourhood Rises in Majid Al Futtaim’s Flagship Destination

An Aspirational Community Takes Root at Tilal Al Ghaf: Majid Al Futtaim appoints UNEC as main contractor for the construction of Elan Neighbourhood. Phases 1 and 2 of Elan Neighbourhood to be delivered in phases starting December 2022. Dubai, UAE, 16th February 2021: With the start of the year comes the seeding of a community, as work commences on the Elan neighbourhood at Tilal Al Ghaf, the landmark lifestyle destination by Majid Al Futtaim Communities. The responsibility for realising Majid Al Futtaim’s vision for Elan has been handed to UNEC,…

Construction Work Starts on the Iconic Elan Neighbourhood in “Tilal Al Ghaf”

Construction Work Starts on the Iconic Elan Neighbourhood in “Tilal Al Ghaf”

Dubai, United Arab Emirates, (AETOSWire): With the start of the year comes the seeding of a community, as work commences on the Elan neighbourhood at Tilal Al Ghaf, the landmark lifestyle destination by Majid Al Futtaim Communities. The responsibility for realising Majid Al Futtaim’s vision for Elan has been handed to UNEC, an award-winning contractor, and the highly reputable Arif & Bintoak Consulting Architects and Engineers. The contract award for Phases 1, 2 and 3 of Elan comprises a total of 916 premium three- and four-bedroom townhouses with a total…

Lootah Real Estate Development reveals top 7 drivers of UAE real estate’s recovery in 2021

Lootah Real Estate Development reveals top 7 drivers of UAE

The UAE is projected to see a V-shaped recovery from the impact of COVID-19, gauging from the notable pick up in trade and tourism sectors and the renewed positive sentiments brought about by historic immigration rules and peace deals spearheaded by the country LRED’s Industry Insights Report underlined UAE’s series of historical immigration rules, game-changing regulatory amendments, Expo 2020 developments and higher appetite from Dubai renters to become homeowners will significantly fuel the recovery and growth of the country’s property market The leading global position of the UAE in key…

proactive analysis that envisions the future of real estate sector

proactive analysis that envisions the future of real estate sector

Ongoing competition & changes in profit rates call for more effective expenditure management & sustainability of operations, says Medallion Associates Masood Al Awar: “Technological innovations & specialized experience key pillars of real estate sector in 2021” Post-COVID trends & directions include innovative operations management along with enhanced added value of services & products at lowest possible cost The implications of the current global circumstances will lead to radical changes in the real estate sector on the long run, as is the case with various sectors, finds Medallion Associates, a leading…

Lootah launches Real Share,

لوتاه لتطوير العقارات تطلق “ريل شير”

 a real-estate investment platform that allows ‘fractional ownership’ of properties for as low as AED5,000 Whilst real estate is a superior kind of investment because of its tangible asset, passive income stream, and the potential for substantial appreciation, a lot of people find it difficult to invest in the property market because of the substantial amount of money that they have to put down for a deposit. Real Share makes real estate investment accessible to all investors, especially first- and small-time investors who wish to earn from rental income remotely…

Declining London property prices and UK stamp duty holiday  could entice Middle East investors, says Chestertons

Chestertons latest London Residential Property Market Report reveals an increase in sales in the UK capital’s property market A weak pound, property prices down by 0.7% in higher value London locations, and the stamp duty holiday, piquing the interest of overseas investors Dubai, United Arab Emirates, 9 November 2020: According to the latest research from Chestertons’ London Residential Property Market Report Autumn 2020, lower property prices, the current stamp duty holiday, and the weak pound are motivating Middle East investors to purchase property in the capital. Overall, during the period…

Chestertons MENA expands business with new Director of Valuations

تشيسترتنس الشرق الأوسط وشمال أفريقيا توسع نطاق أعمالها

Navtej Jhagra has been appointed to the role of Associate Director of Dubai Valuations with a remit which includes valuations for both residential and commercial properties Chestertons, the leading international real estate services firm, has bolstered its senior management team and expanded its business verticals in the region with the appointment of Navtej Jhagra as an Associate Director in the Dubai Valuations team. Based in the company’s Middle East head office in Dubai, Jhagra will be responsible for undertaking a range of valuations relating to both commercial and residential property…

Fidu marks two years of success in UAE

Fidu to increase footprint in Dubai with third office shortly Company to double workforce in the country by end of 2020 FIDU’s UAE operations has grown almost 300% since inception Dubai, January 26, 2020: FIDU Properties, one of the leading Chinese companies in the UAE property market, has completed two years of success in the UAE with amazing year-to-yeargrowth reflecting the surging demand for real estate in Dubai and the UAE. The company has registered a 172% spurt in real estate deals closed during 2019 as compared to 2018. Fidu…

Affordability and high rental returns attract investors to UAE properties

Dubai, United Arab Emirates, (AETOSWire) – Industry experts believe that increasing affordability and high rental returns have been wooing more local and foreign investors to the UAE property market for quite some time. “Dubai and Abu Dhabi offer rental yields more than double of what is offered by established countries across the world,” Kalpesh Kinariwala, the Founder and Chairman of Pantheon Group, pointed out. According to a report by Moody’s Investors Service, the UAE residential demand is expected to be supported by attractive average rental yields ranging between 6 and…