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Abu Dhabi, UAEWednesday 14 April 2021

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International Holding Company completed the purchase of a 45% stake in Alpha Dhabi Holding that will add scale to the company. Alamy

Abu Dhabi's IHC completes 45% stake purchase in Alpha Dhabi Holding

Markets

Aldar’s Yas Island project sells out in 48 hours

Property

Top of the world: London the global hotspot for luxury homes

Property

Emaar Properties shareholders approve 10% dividend payment for 2020

Property

Bahrain’s Arcapita acquires FedEx distribution centre in US

Property
Courtesy Knight Frank

Property of the Week: Dh22m Zabeel Saray villa on Palm Jumeirah
Penthouse, The 118, Downtown Dubai. Courtesy Luxhabitat Sotheby's International Realty

Property of the week: a sleek Dh49.5 million Dubai penthouse with its own lift
Courtesy LuxuryProperty,com

Property of the week: Dh25m Burj Khalifa penthouse with terrace and fountain views
The Downtown Dubai area. Significant shifts in rental rates are yet to be confirmed as the effects of the pandemic are not fully realised.Reuters

Dubai and Abu Dhabi rents: are there bargain deals amid the pandemic?
Dubai rents

Where Dubai property rents have risen and fallen, Q1 2020
The views are stupendous. Courtesy LuxuryProperty.com

'The White House' of Palm Jumeirah: Inside a Dh65 million Dubai villa
Rents continued on a downward trajectory for apartments, villas and townhouses in Abu Dhabi. Ravindranath K / The National

Where Abu Dhabi property rents have risen and fallen, Q1 2020
LuxuryProperty.com

Burj Khalifa: to live inside or view Dubai's giant from the outside
A construction worker at the King Abdullah Financial District (KAFD) in Riyadh. Binladin International Holding Group expects 1 trillion riyals ($26/67bn) of contracts to be awarded in Saudi Arabia by 2025.  AFP

Saudi Arabia’s Binladin Group appoints senior executives amid restructuring

Economy
Etihad Rail has started work on the second phase of the UAE's rail network. The UAE will complete the legislative and regulatory framework for the emerging federal railway system in the country, the Minister of Energy and Infrastructure said. Courtesy Etihad Rail.

UAE outlines plans for developing energy, housing, infrastructure and transportation sectors

Economy
The Dubai skyline. A new law is set to freeze rents for a three-year period in the emirate. Reem Mohammed / The National

How to jump on the UAE's property ladder through crowdfunding

Money
Village homes in Great Budworth in Cheshire, England. UK house prices were 6.5 per cent higher in March than in the same month a year ago – the equivalent of £15,430 in cash terms. Education Images/Universal Image

Average British house price hits new record high of £254,606

Property
If there is a leak originating from the apartment above yours, try to understand if the owner has any kind of insurance to cover such an incident. Photo: Getty Images

Homefront: ‘Who should pay to fix a leak that comes from the apartment upstairs?’

Money
Abu Dhabi-based construction company Trojan Holding rebranded to transform to a holding company. Victor Besa / The National

Abu Dhabi contractor Trojan Holding rebrands to Alpha Dhabi Holding and changes business model

Business
The Riyadh skyline. Al Dar Investment Fund will develop several apartment complexes in Riyadh. Shuttershock

Saudi Arabia's Jadwa launches $266m fund to invest in Riyadh's property market

Property
Rendering of Binghatti Mirage project in Dubai. Courtesy Binghatti Developers. 

Binghatti Developers launches Dh200m Binghatti Mirage project in Dubai

Property
Rental increases in Dubai are covered by Decree Number 43 of 2013. This decree outlines by how much a landlord can increase a property’s rent at contract renewal, after serving the 90-day notice in writing. Getty Images

Homefront: ‘Can my landlord increase the rent without serving the 90-day notice?’

Money
The first 300 villas at Jubail Island will range in size between 1,300 and 6,000 square metres, housing between three and six bedrooms. Image courtesy of Jubail Island Investment Company

Arabian Construction Company wins contract to build first 300 villas on Abu Dhabi's Jubail Island

Property
The number of transactions in Britain’s housing market soared last year after Finance Minister Rishi Sunak’s stamp duty land tax holiday was unveiled in July. AFP

British house prices slow in March as demand softens

Property
Aldar's headquarters in Abu Dhabi. Alpha Dhabi Holding acquired a 12.21 per cent stake in Aldar Properties. Victor Besa / The National

Mubadala sells Dh3.5bn stake in UAE's Aldar Properties to Alpha Dhabi Holding unit

Property
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