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New family clinic opens in Al Bandar, Abu Dhabi
United Eastern Medical (UEMedical), an Abu Dhabi healthcare company, held a ‘HealthPlus Family Day’ on January 28 to celebrate the recent opening of their new family health centre in Al Bandar on Al Raha Beach. The Al Bandar Residential Community is one of Al Raha Beach projects of Aldar Development.
Abu Dhabi rents stable in Q4 as delays limit supply
Of the new homes, 18,800 are apartments and 5,950 are villas, the report said adding that about 12,000 units are expected for completion in the first half of the year. New deliveries in 2012 include the first residences on Saadiyat Island, as well as additional projects on Reem Island and Raha Beach.
Rolls-Royce opens Abu Dhabi office
The office, located in the new “HQ” building, developed by Aldar Properties, will become home to all Rolls-Royce employees in Abu Dhabi. Rob Watson, Rolls-Royce, Regional Director – Middle East, said: “This is an exciting time and an important milestone in the continuing development of our business in the UAE.
Aldar builds on success as momentum increases
Aldar Properties, the developer behind some of Abu Dhabi’s most eye-catching projects, yesterday posted its third straight profitable quarter since the company’s debt was restructured in January.
1,220 units at Al Raha completed
Abu Dhabi’s largest real estate developer Aldar Properties’ chief executive officer has said that 1,220 units have been completed this year at the Al Raha Beach development and another 800 units will be completed by the end of this month.
Rental prices in Abu Dhabi fell by 10 per cent
Rents in Abu Dhabi fell by 10 per cent in the second quarter as supply continued to outweigh demand amidst expectations that this phenomenon will prevail for the rest of the year whereby up to 14, 000 residential units, primarily high end, will be handed over in Abu Dhabi by the end of 2011.
Dubai house prices seen declining another 20 per cent
Investment bank Rasmala reckons a 20 per cent downside potential to property prices in Dubai, estimating that an additional 35,000 homes will be delivered in the emirate between 2011 and 2013 – boosting the existing housing stock of an estimated 330,000 units by about 10 per cent.
Handover of Al Zeina homes begins
Aldar Properties said on Monday that hand-over to homeowners has commenced at the beachfront Al Zeina residential development in its Al Raha Beach project. “Delivery of the first phase of the development which consists of three precincts… began last week, with the remaining homes scheduled for delivery this September,” Aldar said in a statement.
