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Category: PROPERTY

Posted on 17/10/2021

Dubai’s off-plan property market is taking off again. But what’s triggering recovery?

Dubai’s off-plan property market is on the path of a V-shaped recovery thanks to renewed investor confidence. This trend is expected to continue in the coming months, according to a property analyst.
( read original story …)


Posted on 16/10/2021

ADIA-Backed LOGOS Platform and AustralianSuper Acquire Qantas Property for Logistics Development

Upon development completion, the property is forecast to have an end value in excess … LALV is a partnership established in late 2014 between LOGOS and the Abu Dhabi Investment Authority to acquire …
( read original story …)


Posted on 16/10/2021

UAE Public Prosecution: Up to 5 years in jail, Dh10,000 fine for destroying property

The UAE Public Prosecution has stated that destruction of property is a crime that can cost defendants up to five years in prison.According to a recent video on their official handle, the crime can …
( read original story …)


Posted on 16/10/2021

Why real estate recovery is likely to be fragmented in Dubai

Real estate recovery is likely to be fragmented in Dubai with the residential sector gaining momentum during 2021 while hospitality and retail lag behind, according to new research. S&P Global Ratings …
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Posted on 14/10/2021

Breaking Travel News interview: Alessandro Redaelli, general manager, Conrad Abu Dhabi Etihad Towers

Breaking Travel News speaks to Alessandro Redaelli, the newly appointed general manager at Conrad Abu Dhabi Etihad Towers, about the property, the reopening of the Abu Dhabi tourism market and his …
( read original story …)


Posted on 14/10/2021

Taha Mohamed appointed EAM at W Abu Dhabi – Yas Island

Mohamed was previously posted at the Sheraton Grand Tokyo Bay Hotel. Taha Mohamed appointed EAM at W Abu Dhabi – Yas Island. hospitality news, hotel news, marriott hotels, marriott international, taha …
( read original story …)


Posted on 13/10/2021

Dubai property records best ever third quarter as value of sales hits $11.5bn

Dubai recorded real estate transactions worth Dh42.4 billion ($11.5bn) in the three months to September 30, making it the best third quarter in the emirate’s history in terms of the value of sales …
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Posted on 13/10/2021

Jeff Ubben and Singapore’s GIC Back $830 Million Fertiglobe IPO

Abu Dhabi’s state energy company and OCI NV are selling a stake worth as much as $830 million in their Middle Eastern fertilizer venture to buyers including a Singapore sovereign wealth fund and U.S.
( read original story …)


Posted on 13/10/2021

Activist Ubben Joins Fertiglobe Board Ahead of $830 Million IPO

Abu Dhabi’s state energy company and OCI NV are selling a stake of as much as $830 million in their Middle Eastern fertilizer venture to buyers including a Singapore sovereign wealth fund and activist …
( read original story …)


Posted on 13/10/2021

Adnoc, OCI fertiliser venture to raise up to $830m in IPO

Companies set a price range of AED2.45 to AED2.65 per share for Fertiglobe’s listing, implying a total valuation of as much as $6bn …
( read original story …)


Posted on 13/10/2021

wasl properties leases record 130 units in 45 minutes

Dubai: wasl properties, one of the largest real estate development and management companies in Dubai, has announced the leasing of 130 units in 45 m …
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Posted on 12/10/2021

Dubai real estate recovery ‘fragile’ and uneven, says S&P

Real estate investment firm CBRE Group said last week that average residential property prices in Dubai rose 4.4% in the 12 months to August, the high..
( read original story …)


Posted on 12/10/2021

Dubai real estate recovery ‘fragile’ and uneven, says S&P

Real estate investment firm CBRE Group said last week that average residential property prices in Dubai rose 4.4% in the 12 months to August, the high..
( read original story …)


Posted on 12/10/2021

How coronavirus continues to impact Dubai’s commercial real-estate market

Demand for office space below 15,000 sq.ft is rebounding, while there is limited movement in larger office spaces …
( read original story …)


Posted on 12/10/2021

25hours Hotel One Central to open in Dubai this year

A fun and vibrant property with a wonderfully welcoming aura, the property seeks to make a stay one to remember, transporting guests to an exhilarating playground that feels almost like home.
( read original story …)


Posted on 11/10/2021

UAE: World’s first Warner Bros hotel to open in November

Warner Bros is opening its first hotel in the world. And its home will be none other than right here in the UAE. The WB Abu Dhabi hotel is al …
( read original story …)


Posted on 11/10/2021

UAE: World’s first Warner Bros. hotel opens next month

Operated by Hilton, the hotel will open on November 11 on Yas Island. UAE: World’s first Warner Bros. hotel opens next month. abu dhabi yas island, abu dhabi yas island hotels, hilton hotels, hotel …
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