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Damac launches Akoya Oxygen hotel spa villas for $462k

Luxury real estate developer Damac Properties has launched an exclusive collection of hotel spa villas in the heart of its Akoya Oxygen master development. The limited edition hotel villas come standard with a private garden spa, providing a choice of jacuzzi or sauna, and are fully furnished, in addition to being serviced, the company said…

Mauritius tempts UAE property buyers with an exotic life

The African island of Mauritius has become the latest exotic destination to attempt to attract investors from the UAE. Tucked away behind the main stands at the recent Cityscape Abu Dhabi, Royal Park, a planned new resort covering 100 hectares close to the Mauritian capital of Port Louis was pitching its development to UAE buyers….

Dubai Tourism eases holiday home regulations

Home owners in Dubai will be able to rent their properties directly without having to go through an approved operator after the emirate’s tourism agency updated regulations. Home owners in Dubai can now apply for a holiday home licence if they meet all criteria, Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) said. They…

Only in Dubai: The ‘ultimate guarantee’ from real estate developers

Dh29bn in hand reflects confidence in the market, says Ghalita Some developers in Dubai are giving 100 per cent construction guarantee, which is the “ultimate guarantee” that any developer can give, Real Estate Regulatory Agency Chief Executive Officer told Emirates 24|7. “There are developers who have given 100 per cent construction guarantee and this is…