Global investors flock to invest in Dubai real estate market as it offers good infrastructure, tax-free status, new visa options and 100 per cent foreign ownership possibilities, experts say. Latest …
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Omniyat Redefines Dubai’s Penthouse Market
Dubai, United Arab Emirates, November 2021: OMNIYAT, the leading luxury real estate developer, has closed the sale of the three most expensive penthouse in the region, carrying a total value of more …
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UAE – Third Quarter 2021 Citi Residential Property Ownership Survey
Less respondents expect an increase in property prices The average age of first-time home buyers is 31 H …
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10 years’ jail for damaging public property in UAE
The UAE Public Prosecution on Wednesday clarified through a tweet posted on its social media accounts that whoever deliberately makes a break, a damage, or alike in the machinery, piping, or equipment …
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The UAE is the third largest market in the world for branded residences
With 39 completed schemes, the UAE takes third place after the US and Thailand; Dubai takes the top spot for branded residences, ahead of Miami and New York …
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Meet Brothers latest Bollywood stars to invest in Danube Properties
Indian musician duo Meet Brothers are the latest Bollywood celebrities to call Dubai home by investing in real estate — and through Danube Properties. The Meet Brothers have just purchased apartments …
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Dubai: Union Properties’ chairman dismissed from company’s board
Hammadi, who had served as chairman of the board of directors of Union Properties, and three other board members were dismissed, lea..
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Property of the week: Dh82 million Cipriani-designed penthouse on Dubai Canal
The National showcases some of the finest homes on offer in its Property of the Week. Here, we take a closer look at the new Mr C Residences project in Dubai. The penthouse apartment at Mr C …
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Dubai tenants face difficult rent decisions as property market thrives
As the economy recovers from the onset of the pandemic and Dubai property prices recover, tenants say they face sizeable rises in rent. In some of the most popular areas of the emirate, rent has …
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Dubai: Oversupply in property market is a thing of the past, says Danube founder
Oversupply in Dubai is a thing of the past and developers should not worry about it as demand is strong and there are no new mega project launches that can cause massive oversupply again in the market …
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International investors boosting Dubai property market, say developers at Cityscape
During the first nine months of the year, a total of 43,299 property sales transactions worth Dhs104.3bn were recorded in Dubai …
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Dubai’s Union Properties boss dismissed as board chairman
The chairman of Dubai-based real estate developer Union Properties was dismissed from the company’s board on Tuesday, a day after the firm disclosed that a top prosecutor in the United Arab Emirates …
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Dubai Developer Union Properties’ Chairman Held Amid Probe
Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesWhere Did All the Public Bathrooms Go?COP26 Protests: Inflatable Cows, Megaphones and a RainbowThe Rising Pacific …
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Prosecutor orders detention of Dubai’s Union Properties boss
A top prosecutor in the United Arab Emirates has called for the detention of the chairman of Dubai-based real estate developer Union Properties while an investigation into the company is underway, …
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Cityscape 2021: Danube Properties to invest $272m annually over next five years
Dubai developer Danube Properties plans to launch two to three projects every year for the next five years and will invest as much as Dh1 billion ($272 million) on new developments to bridge supply …
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In fast-changing Dubai, once-isolated village to be razed
From the front porch of their cinderblock home, Garry and Amanda James gaze over Dubai’s soaring skyscrapers and massive malls. It’s a skyline that in their young days had seemed impossibly far off.
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Dubai property market is undervalued, says emirate’s tourism chief
The ‘liveability’ of Dubai is a huge selling point that needs to be leveraged to sustain the recovery of the property sector, according to Issam Kazim, CEO of Dubai Corporation for Tourism and Commerc …
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