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Dubai: Chiller-free rental options are at the top of the mind of UAE tenants seeking a new home to move into. If the deal can be struck without having to pay a broker commission, then all the better. At least, that’s what on their minds going by the search history. “With the tremendous amount of stock in the market, there are a number of agencies that are working with developers providing consumers with no commission structures and lucrative deals so they can attract more renters,” said Lynnette Abad, Director of Research & Data at Property Finder. These days, there are more landlords throwing in chiller-free options as a value-add, and probably hoping that would convince the prospective tenant to go for a lower rental property. Ahead of summer, real estate sources are talking about a rise in residents shifting to new rental premises. Provided one or two of their requirements are met. ....
Abu Dhabi residential market shows resilience in a challenging year ABU DHABI, February 5, 2021 Property markets across the globe have felt the impact of the uniquely challenging year that was 2020. While Abu Dhabi has not been an exception, the UAE capital’s property sector has revealed its strength and stability, displaying promising signs of recovery in the latter half of the year once widespread restrictions relaxed across the country, said a report by UAE portals Bayut & dubizzle.
The government’s economic stimulus packages and prompt measures to prevent oversupply in the market have played an integral role in enhancing the competitiveness of Abu Dhabi’s real estate sector, it stated. ....
SHARE A property manager plans to install feeding stations for stray cats across its communities in Abu Dhabi. Provis is building five “houses” with food and water for trial several weeks. Residents said they were pleased with the decision and hoped it would end the repeated removal of their own food bowls at the site. “This will help tremendously. There is no worry about bowls going missing,” said Aisha Hussain, a teacher from the UK, who regularly feeds the colony of about 23 cats. We wanted to address this situation and do our part to keep [the cats] well fed without causing inconvenience to anyone in the community ....
SHARE Property prices in the UAE are expected to stabilise in 2021 as the economy recovers from the coronavirus pandemic-induced slowdown and government initiatives spur growth, according to analysts. “Once Covid 19 is resolved, things will be better economy wise and, of course, Dubai Expo is coming next year and there is the 50-year anniversary of the UAE,” Haider Tuaima, head of real estate research at ValuStrat consultancy tells The National. “There are a lot of positive things going forward. The market could be heading towards bottoming out next year.” We expect more investments to happen next year, especially from China that will help the market ....