Latest news with #ADREC
Khaleej Times
5 days ago
- Business
- Khaleej Times
Discover Al Jurf as Abu Dhabi's next iconic beachfront destination
Along the peaceful shores between two of the world's most dynamic cities — Dubai and Abu Dhabi — lies Al Jurf, a hidden gem that is quickly becoming one of the country's most desirable beachfront destinations. What sets Al Jurf apart is its location along Sheikh Zayed Road, making it easy for residents to get to both emirates. Only a short drive from key hubs like Palm Jebel Ali, Al Maktoum International Airport, Zayed International Airport, and the upcoming Disneyland in Abu Dhabi, Al Jurf provides unmatched connectivity. Set against the backdrop of a preserved natural reserve, Al Jurf features a coastal setting alive with native wildlife, fresh sea breeze, and lush greenery. As Abu Dhabi's property market continues to see sharp momentum in 2025, Al Jurf's appeal is supported by strong fundamentals. According to the recent ValuStrat research report, residential prices in the capital rose by 7.2 per cent annually in Q1 2025, with villa prices up by 9.7 per cent and apartment prices increasing by 4.5 per cent. In emerging luxury destinations like Al Jurf, villas currently start from Dh3.4 million, while apartments begin at approximately Dh930,000 for a studio, with two-bedroom units averaging Dh2 million — offering high-quality entry points in a rising market. Further reinforcing this trend, the Abu Dhabi Real Estate Centre (ADREC) reported a 34.5 per cent increase in overall real estate transaction value in Q1 2025, reaching Dh25.3 billion. Luxury deals over Dh7 million alone accounted for Dh6.3 billion in just the first four months — more than half of which came from ultra-luxury homes valued above Dh10 million. Rental yields in Abu Dhabi are equally attractive — averaging 8.3 per cent for apartments and 6.7 per cent for villas — making beachfront residences here a strong proposition not just for end-users, but also for investors seeking capital growth and income stability. This rise in value is also being driven by a sharp uptick in branded residential offerings. Abu Dhabi's luxury property market has seen a fourfold increase in branded residences in 2025 alone. Projects affiliated with global names like Jacob & Co., and Elie Saab, are reshaping investor preferences, often commanding price premiums. The natural environment inspired Ohana Development to introduce its latest and most ambitious branded residence project in Al Jurf — Jacob & Co. Beachfront Living by Ohana. This development reimagines luxury living on the UAE coastline. It blends the charm of Al Jurf with the style and innovation of a globally recognised brand, providing private beach access, stunning sea views, and a range of thoughtfully designed amenities. The community features 457 homes that comprise sea-view apartments, villas, penthouses, Sky Mansions, and beachfront mansions, all capturing the essence of refined coastal living. Each unit reflects Jacob & Co.'s bold design ethos. 'Al Jurf offers a rare opportunity to redefine luxury beachfront living,' says Husein Salem, CEO of Ohana Development. 'Backed by robust Q1 growth and limited supply, our Jacob & Co. residences offer a compelling mix of lifestyle, legacy, and long-term investment appeal.' Mustafa El Sammak, COO of Ohana Development, adds: 'With branded off-plan homes in Abu Dhabi showing double-digit capital gains and strong rental performance, we see Al Jurf standing at the intersection of nature, design, and strategic investment. It's more than a residence — it's a destination.'
Arabian Post
5 days ago
- Business
- Arabian Post
Abu Dhabi's First‑Half Momentum Reinforces Investor Confidence
Abu Dhabi's property scene is riding a wave of investor interest and stable growth during the first half of 2025, underpinned by strong infrastructure development and pro-investor policies, according to a fresh analysis by Bayut. Listing prices surged across all segments, rental yields reached double digits in many areas, and transaction volumes remain robust, fueling the capital's appeal as a reliable investment destination. Listing figures show affordable apartments climbed by up to 7 percent, while villas in the same category surged by as much as 5 percent. Mid-tier apartment prices rose between 6 percent and 11 percent, with mid-range villas in Al Raha Gardens gaining 2.68 percent and in Al Samha soaring by 26.7 percent—though Baniyas bucked the trend, dipping by 1.45 percent. In the luxury tier, apartment prices on Yas Island and Saadiyat Island jumped 17 percent, while luxury villa prices grew 5 percent to 10 percent, save for a 17.8 percent drop in Al Jubail Island. Yield data makes an attractive case for investors. Affordable apartments offered yields over 9 percent in Al Reef and 8.5 percent in Al Ghadeer. Mid-tier apartments delivered 8.41 percent in Masdar City and 7.59 percent in Al Reem Island. Even the luxury apartment segment returned notable yields—7.15 percent on Yas Island and 6.58 percent in Al Raha Beach. Rental gains also extended to villas: affordable villa rents increased by up to 13 percent and mid‑tier villas by around 7 percent, with luxury villa rents rising by 7 percent in Saadiyat Island and Al Bateen. ADVERTISEMENT Total transaction volume continued its upward trend. ADREC data confirmed first-quarter transactions hit AED 25.3 billion, a 34.5 percent rise from AED 18.8 billion in the same period a year earlier, powered by 6,896 deals—up from 5,773 in Q1 2024—with mortgage activity increasing 49 percent to AED 9.8 billion, and foreign buyer transactions reaching AED 1.58 billion for 384 deals. This upswing highlights growing investor trust and Abu Dhabi's regional market leadership. Bayut reports that more than 9.3 million visits were recorded on its Abu Dhabi listings during the period, reflecting strong public engagement. Haider Ali Khan, CEO of Bayut and Dubizzle Group MENA, affirmed that the figures underscore the capital's steady growth and broad investor appeal. Infrastructure and policy reforms have been central to the city's momentum. The launch of Disneyland Abu Dhabi bolstered interest in Yas Island's premium properties, while a unified legal framework and new community governance structures have improved sector transparency. In addition, Al Reem Island's development under Abu Dhabi Global Market regulatory expansion supports value appreciation in that mixed-use district. Abu Dhabi Investment Office and ADGM have played vital roles in promoting foreign direct investment. ADIO's 2019-formed cluster programmes and new global offices aim to reinforce Abu Dhabi's economic diversification, while ADGM's jurisdictional expansion to Al Reem Island introduces a common-law regulatory ecosystem for real-estate transactions. Broader macroeconomic trends also favour continued expansion. The UAE's forecast GDP growth of 4.7 percent in 2025—notably for Dubai—drives job creation and consumer confidence, indirectly strengthening Abu Dhabi's property market. Meanwhile, government measures such as Golden Visa schemes and low tax rates support long-term residency and investment. Looking ahead, several shifts appear set to shape the remainder of the year. Demand is gaining ground in mid-tier communities like Masdar City, Al Raha Gardens, Al Ghadeer, and Al Samha. Yas Island's upward trajectory appears sustained by theme-park-linked demand. The mid-tier villa market shows signs of saturation in Baniyas, with a modest price retreat, while Al Jubail Island's luxury villas experienced a sharper drop, possibly reflecting investor rebalancing. Rental yields remain a strong draw. Affordable and mid-tier apartments are offering returns between 7.5 percent and 9.5 percent, while luxury segments yield 6 percent to 7 percent. Even some villa rentals exceeded 7 percent in luxury zones. Annual asking prices in Abu Dhabi mark a steep rise: property finder data shows apartment asking prices up 23 percent year-on‑year in Q1 and villas up 18 percent. Investors will monitor emerging regulatory enhancements, such as developer off‑plan contract reforms and integrated community management frameworks designed to bolster market confidence and governance. With pipeline projects like Saadiyat luxury launches and infrastructure-linked developments taking shape, Abu Dhabi's appeal remains buoyant.
Arabian Business
6 days ago
- Business
- Arabian Business
Abu Dhabi real estate: New property laws explained
Abu Dhabi has launched sweeping real estate law reforms that create a 'triple protection' system for investors along with fines of up to AED 2 million for violations, experts told Arabian Business. The reforms, which came into effect on August 2, introduce more robust protections for developers, purchasers, and financiers. The changes are enforced through the Abu Dhabi Real Estate Centre (ADREC), which is the central regulator for the emirate's property sector. New Abu Dhabi real estate laws enhance investor protections and escrow rules 'The new real estate laws in Abu Dhabi introduce significant protections and opportunities for investors,' Nada Osman Jaouhar, Abu Dhabi Branch Director at Betterhomes said. 'The 2025 amendments provide 'triple protection' covering developers, purchasers, and financiers, creating a more secure investment environment. Investors will benefit from stricter escrow account regulations, where developers can only access funds after achieving 20 per cent project completion, reducing the risk of stalled projects. The laws also clarify mortgage frameworks and introduce a centralised Real Estate Development Register, enhancing transparency,' she added. Among the most significant changes is the ability for developers to cancel off-plan sales agreements without court intervention. 'Yes, developers can now cancel off-plan contracts without court intervention, but this action is strictly regulated,' Jaouhar explained, adding that developers may terminate contracts if purchasers default on payments, but only after obtaining approval from ADREC. 'This change aims to expedite dispute resolution while safeguarding buyers' rights, as purchasers retain the option to appeal through arbitration or the courts. The requirement for ADREC oversight ensures that cancellations are justified and not abused, maintaining a fair balance between developer flexibility and buyer protections,' she said. The reforms also target Abu Dhabi's ambition to attract more institutional capital into the real estate market. 'These reforms introduce stronger legal protections, clearer title frameworks, and enhanced oversight of developers, reducing regulatory friction, increasing transparency and strengthening confidence in asset underwriting, investing, and market liquidity for exits,' Mohamed Ali, Senior Director at GFH Partners Ltd said, adding that the timing of these reforms aligns with significant growth projections for Abu Dhabi's logistics sector. 'Abu Dhabi's logistics sector is projected to grow at a CAGR of over 5 per cent through 2028, fueled by accelerating e-commerce demand, supply chain modernisation, and major infrastructure developments such as the expansion of Khalifa Port, KEZAD, and Etihad Rail,' he added. Aside from this, the new legal framework offers a 'more stable and transparent foundation for developing and managing assets in these high-growth segments, particularly build-to-suit logistics facilities, cold-chain storage, and light manufacturing,' Ali said. Property management restructured through new Owners' Committees The new laws also restructure property management by replacing Owners' Associations with Owners' Committees. These committees now focus on strategic oversight, while daily operations are outsourced. 'Owners' Committees, introduced under the new laws, serve as advisory and oversight bodies, focusing on strategic decision-making. Day-to-day management of properties, including maintenance of shared spaces, is outsourced to professional firms,' explained Jaouhar. 'In contrast, the previous Owners' Associations were responsible for both oversight and operational tasks, often leading to inefficiencies.' Dispute resolution mechanisms have also been revised. ADREC will now mediate conflicts, including those related to contract terminations. 'The new rules simplify dispute resolution by introducing a more structured and efficient process. ADREC now acts as a mediator, reducing the need for lengthy court proceedings,' Jaouhar said. 'The laws provide clear guidelines for contract terminations and other disputes, ensuring both parties have defined avenues for recourse.' In the leasing segment, new rules introduce a Rental Index and enforce limits on rent increases. 'The introduction of a Rental Index now benchmarks lease rates by asset type and location, while annual rent increases are capped between 5–10 per cent,' Ali explained, adding lease agreements must also be 'registered and monitored through Tawtheeq, ensuring equitable leasing practices and enabling more predictable rental escalations.' New licensing rules and penalties for real estate professionals Real estate professionals must also adhere to new licensing requirements under ADREC's unified regulatory framework. 'Real estate professionals must adapt to expanded definitions of regulated activities, including brokerage, valuation, and property management. Licensing requirements are now more stringent, with all professionals required to register with ADREC,' Jaouhar warned. 'The laws also impose strict penalties for violations, such as misusing escrow funds or failing to comply with service charge regulations.' The new enforcement structure includes fines of up to AED 2 million. 'Property owners who default on service charges may face restrictions on disposing of their assets until payments are settled,' she added. ADREC is now responsible for a broader range of functions, including developer registration, contract termination approvals, and compliance monitoring. 'ADREC's role has been expanded to serve as the central regulatory authority for Abu Dhabi's real estate sector. The agency now oversees developer registrations, approves contract terminations, and mediates disputes between buyers and developers,' Jaouhar said, adding that ADREC also monitors compliance with escrow account regulations and imposes fines for violations. 'The new rules ensure the protection and sustainable management of shared spaces through professional oversight. Owners' Committees will oversee the allocation of service charges to maintain communal facilities, while professional management firms handle daily operations,' Jaouhar explained, adding that 'this structure guarantees that resources are used efficiently and that shared amenities like pools and gyms are properly maintained.' The reforms also support broader investor accessibility by enhancing transparency and expanding foreign investment avenues. The introduction of verified property listing platforms, improved land ownership clarity, and increased accessibility for foreign capital positions Abu Dhabi to pursue institutional-grade opportunities aligned with long-term growth strategies, Ali concluded.
Al Etihad
08-07-2025
- Business
- Al Etihad
Madhmoun permit system comes into force, aims to promote transparency in property advertisements
8 July 2025 12:49 A. SREENIVASA REDDY (ABU DHABI)The Madhmoun digital permit system, launched by the Abu Dhabi Real Estate Centre (ADREC), officially came into force on Monday (July 7), marking a significant milestone in regulating property advertising across digital platforms in the emirate. This was confirmed in a set of documents shared with Aletihad by Property Finder, a property portal commissioned by ADREC to raise awareness and guide real estate agents on the new regulations. In a notice to one of the property advertisers, ADREC stated, 'We emphasise that obtaining the prior 'Madhmoun' permit through the Abu Dhabi Real Estate Centre's portal 'ADREC' is mandatory as of 07/07/2025 for all types of real estate advertisements within the emirate.' The notice further warned that 'violation of the regulations will result in the imposition of legal and administrative measures by ADREC.'Madhmoun — which means 'verified' in Arabic — is the first governmental Multiple Listing Service (MLS) platform in the GCC. Developed by ADREC, it is designed to enhance transparency, trust, and efficiency in the real estate sector by ensuring that only authorised and verified property listings are published online. The system allows a maximum of three approved brokers to advertise each listing, reinforcing accountability and curbing the new regulation, all property listings published after July 7 must carry a valid Madhmoun permit issued through ADREC's DARI platform. The initiative aims to streamline the advertising process while ensuring compliance with legal and regulatory standards. It also supports the UAE's broader goal of building a transparent, investor-friendly real estate to ADREC, Madhmoun offers real estate professionals a secure and streamlined way to manage listings through automated API-based publishing. Future platform updates will introduce broker-to-broker collaboration, direct deal-making, and global listing integrations.'By aligning Abu Dhabi's real estate practices with international standards, Madhmoun provides professionals with access to a broader market, increased credibility, and greater opportunities for growth and international exposure,' an ADREC website post the regulation does not apply universally. Properties located within the jurisdiction of Abu Dhabi Global Market (ADGM) — specifically on Al Maryah Island and Al Reem Island — are currently excluded from the Madhmoun permit property types are also exempt. Hotel apartments require a Madhmoun permit only if they are managed by local entities and owned by UAE nationals. Holiday homes, generally governed by the Department of Culture and Tourism (DCT), are excluded unless registered under Tawtheeq, in which case a permit is DARI platform offers step-by-step guidance on how brokers and property owners can obtain permits for listings, whether for sale or rent. Only up to three brokers are permitted to advertise a single listing online, in accordance with Madhmoun support the launch, Property Finder, a leading real estate portal, has partnered with ADREC to roll out a series of agent training sessions. These sessions offered a pre-launch demonstration of the Madhmoun system and provided agents with an opportunity to raise questions and prepare for the transition.'We applaud ADREC's efforts and offer our complete support as it launches this milestone platform to promote trust by instituting accuracy, availability, and authorisation for all listings, ultimately boosting Abu Dhabi's status as a leading real estate hub,' said Cherif Sleiman, Chief Revenue Officer at Property Finder. 'We are proud to partner with ADREC to facilitate much-needed conversations about the launch and set up agents for success as they navigate the new platform.' A press statement on the DARI portal in April also noted that ThinkProp, a leading real estate training institute, is working closely with ADREC to educate brokers and trainees on utilising the platform effectively.
Mid East Info
08-07-2025
- Business
- Mid East Info
Property Finder partners with the Abu Dhabi Real Estate Centre (ADREC), ahead of Madhmoun launch - Middle East Business News and Information
The region's leading property portal is organising agent training sessions, providing a forum to share best practises, and offering the opportunity for agents to connect with ADREC representatives Dubai, United Arab Emirates, July, 2025: Property Finder, MENA's leading property portal has partnered with the Abu Dhabi Real Estate Centre ADREC to launch a series of agent training initiatives to support the upcoming launch of the Madhmoun platform. Madhmoun, which means 'verified' in Arabic, is Abu Dhabi's first-ever Multiple Listing Service MLS platform and a one-stop solution for all real estate practitioners. These training sessions by Property Finder have been implemented to support agents as they gear up to use the Madhmoun platform from July 7th. The first session held on June 17th, welcomed over 500 agents and featured insights from ADREC representatives. The session offered a pre-launch demonstration of Madhmoun, and gave agents an opportunity to raise questions about the launch. Future sessions will tackle themes including Madhmoun's impact, benefits and guidelines for use, supported by educational materials, co-created video content and FAQs. Cherif Sleiman, Chief Revenue Officer at Property Finder commented 'We applaud ADREC's efforts and offer our complete support as it launches this milestone platform to promote trust by instituting accuracy, availability and authorisation for all listings, ultimately boosting Abu Dhabi's status as a leading real estate hub. While at Property Finder we aspire to change living for good in the region, this is not an isolated effort. We are proud to partner with ADREC to facilitate much needed conversations about the upcoming launch and set up agents for success as they navigate the new platform. We will continue to play an active role in supporting industry stakeholders and home-seekers, as Abu Dhabi undergoes a transformation aimed at elevating trust and transparency in the real estate sector.' Property Finder has a pipeline of events and training activities set up that will continue to support agents and boost transparent conversations. . Post-launch training initiatives are also planned to ensure continued support.
