Burtville Developments, in partnership with Bab Al Qasr Hotels, has announced the launch of Bab Al Qasr Residence at Yas Bay, located on Yas Island in Abu Dhabi. The company has started construction and sales for the project.  The company recently received the project registration certificate from the Department of Municipalities and Transport in Abu Dhabi.  Burtville Developments highlighted that the real estate market in Abu Dhabi is currently experiencing significant activity, with strong demand for property purchases, particularly from expats. This increase is driven by various initiatives and measures aimed at boosting business activity in the UAE, encouraging the company to continue its plans to launch more new real estate projects that serve a diverse range of…

Leading Abu Dhabi developer Aldar has announced the launch of its new mixed-use project - Mamsha Gardens - beside Mamsha Al Saadiyat and Saadiyat Cultural District. A key free-hold development, it features seven residential buildings comprising 493 homes along with a range of amenities, including restaurants with outdoor dining terraces and shops, as well as a community theatre and separate retail underground parking. Sales of units will launch on November 9 for all nationalities. This comes close on the heels of Aldar's launch of The Arthouse, a free-hold residential community in Al Saadiyat Cultural District in July. Aldar’s first residential development in Saadiyat Cultural District, it comprises three buildings: spacious one-, two-, two-plus, and three-bedroom apartments, as…

Technology has played a vital role in enabling real estate brokers and agents to provide an exceptional buyer experience and facilitate the completion of crucial deals with both local and international investors in the UAE realty market.   By leveraging the enormous benefits of a cloud-based omni-channel contact center that features advanced communication tools and AI-powered chatbots, real estate agents can provide personalised and automated customer communication support, resulting in enhanced customer engagement and improved sales performance.   “CRM tools centralise customer data, enabling agents to track interactions, manage leads effectively, and tailor their approach to individual clients,” explains Sabah Corm, Marketing and Innovations Director of IT Max…

  Abu Dhabi’s property market continued its upward momentum in Q3 as well after outpacing previous quarters, particularly in the luxury segment.   Areas like Yas Island and Al Reem Island have emerged as hotspots, showing strong demand and impressive returns, according to dubizzle.   During the third quarter, a notable uptick has been observed in the prices and rents of luxury properties. Likewise, the affordable segment has sustained the trend with surges in sales and rental prices in certain areas, stated the key real estate platform for property seekers, tenants, and investors in the UAE.   As per the analysis of the latest trends, Q3 2024 has marked a period of growth and prosperity for Abu Dhabi’s real estate market.   Overall, the trends…

The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi's real estate sector, has announced significant progress at the Real Estate Dispute Settlement Centre in the third quarter of 2024. The Centre achieved an 83% success rate in resolving disputes.   Of the 969 cases filed, 808 were successfully completed, with 26% of these disputes concluding in reconciliation. The latest report for the third quarter demonstrated the Centre's commitment to swift resolutions and fostering collaboration and trust within the real estate sector.   A key achievement this quarter was the reconciliation of 210 disputes, with the total reconciled value surpassing AED526 million. By promoting amicable settlements, the Centre is ensuring the financial stability of Abu…

Chapman Taylor, an international practice of architects, masterplanners and designers based in UK, said steady progress is being made on Saadiyat Beach District Residences - a premium waterfront community project designed by the group in Abu Dhabi - with the key development reaching the construction stage. A part of the larger Saadiyat Island Masterplan for Nael & Bin Harmel, the project will come up on Saadiyat Island in Abu Dhabi. Designed to provide a luxury beachfront lifestyle, the development includes a variety of residential options - luxury apartments, townhouses, and villas - all complemented by 14,000 sq m of community retail space, creating a hub for dining, shopping and leisure. Saadiyat Island, known for hosting some of Abu Dhabi's most ambitious developments, is set…

  Modon has launched Maysan, a high-end freehold residential development located on Reem Island. The first phase of the project features two districts: Mayar and Thoraya. Covering over 600,000 square metres, the design of the project is inspired by boutique-style inside/outside living. The first district, Mayar, consists of 132 stacked maisonettes, a new concept in Abu Dhabi, blending natural surroundings with modern living. These spaces are designed to create a vibrant community, providing diverse and memorable experiences. Inspired by contemporary gallery elegance, the maisonettes cater to a variety of needs, including large families, investors, and individuals seeking apartment living in a resort-style development. The four-storey maisonettes are located in a gated community…

Abu Dhabi developer Modon has launched the first phase of Maysan, a freehold residential project on Reem Island featuring two districts - Mayar and Thoraya. Covering over 600,000 sq m, the project design is inspired by boutique-style inside/outside living. The first district, Mayar, consists of 132 stacked maisonettes, a new concept in Abu Dhabi, blending natural surroundings with modern living. These spaces are designed to create a vibrant community, providing diverse and memorable experiences. Inspired by contemporary gallery elegance, the maisonettes cater to a variety of needs, including large families, investors, and individuals seeking apartment living in a resort-style development. The four-storey maisonettes are located in a gated community featuring a spacious spine park with…

Dar Global, the London-listed luxury real estate developer, has signed up Stromek Emirates Foundation to provide shoring, excavation and piling works for its key project - The Astera, Interiors by Aston Martin - located in Ras Al Khaimah. A premium luxury tower being set up at an investment of AED900 million ($245 million), The Astera marks Aston Martin's first venture into interior design for a real estate development in the Middle East. Set on the picturesque Al Marjan Island, the project will feature a mix of luxury apartments and villas, blending Aston Martin’s signature design aesthetics with Dar Global’s commitment to offering exceptional living experiences. According to Dar Global, the shoring, excavation, and piling works are expected to commence immediately, laying…

UAE - Ohana Development, a key luxury real estate developer in UAE, said it is set to launch a premium branded residence project in Abu Dhabi in partnership with a world-leading global luxury brand. Scheduled for an official reveal in Q1 2025, this will be Ohana's second branded residence development following the success of its recent Elie Saab Waterfront by Ohana, said the UAE developer in a statement. This exclusive development is set to redefine luxury beachfront living in the UAE, it added. Unveiling the branded project, CEO Engineer Husein Salem said: "We are thrilled to partner with one of the world’s most renowned luxury brands, bringing unparalleled beachfront living experiences to Abu Dhabi’s bustling real estate sector." "This project will combine elegant design…

The Federal Tax Authority (FTA) and the Dubai Land Department have strengthened their strategic partnership to provide innovative digital solutions that enhance the user experience related to real estate sales parties in the emirate, ensuring compliance with the relevant tax laws. The first phase of the partnership has been completed through data sharing via electronic linkage outlets, and work is underway on the remaining digital features, which will be announced in the upcoming period. The announcement of the joint collaboration between the Federal Tax Authority and the Dubai Land Department was made on the sidelines of "GITEX Global 2024" at the Dubai World Trade Centre. This initiative seeks to establish a streamlined mechanism for ensuring tax compliance by collecting the…

ABU DHABI - Aldar Properties and Mubadala Investment Company today broke ground at One Maryah Place, a two-tower Grade A commercial development on Al Maryah Island, Abu Dhabi’s leading business and lifestyle destination.   Located within Abu Dhabi Global Market (ADGM), the project is set to add further high-quality commercial space to the ADGM freezone as demand continues to grow from global corporations and financial institutions.   The project will deliver approximately 98,000 square metres of Grade-A office space across two connected towers, adding considerable weight to ADGM’s position as the region’s premium financial centre.   The towers, which are connected by an indoor walkway, will feature ground-floor retail units, a flagship rooftop dining…