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Category: PROPERTY

Posted on 22/03/2021

Caesars Palace Dubai launches ‘daddycation’ to give mums and dads quality time

Caesars Palace Dubai, a five-star property on Bluewaters Island, opted to do things a bit differently for this year’s Mother’s Day in the UAE. While hotels across the region and the world use March 21 …
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Posted on 21/03/2021

Ready properties outperform off-plan segment in Dubai

February now holds record for the most secondary/ready property sales transactions in a single month over the past three years Dubai’s real estate market recorded 3,787 sales transactions worth Dh7.43 …
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Posted on 21/03/2021

Dubai’s realty market posts 3,787 transactions worth Dhs7.43 billion in Feb

The official sales price index of Dubai that was launched by Dubai Land Department (DLD) in cooperation with Property Finder, Dubai’s real estate market recorded 3,787 sales transactions worth Dhs7.43 …
( read original story …)


Posted on 21/03/2021

UAE approves new system to attract remote workers, multiple entry tourist visas

The federal cabinet of the United Arab Emirates approved a new system allowing professionals to reside in the Gulf state while working remotely for …
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Posted on 21/03/2021

UAE cabinet approves programme to attract remote workers

Dubai’s realty market has been re-energised by prime property sales in the past few months, with buyers taking advantage of decade-low prices, easy financing and an economy open for business …
( read original story …)


Posted on 21/03/2021

Middle East OFWs seen to lead home buying, says online portal

In a statement, online portal Ohmyhome said that OFWs who have long yearned to buy housing units back in the country are those from Dubai, Doha, Abu Dhabi and Riyadh … company will then provide …
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Posted on 19/03/2021

Stunning New Island Resorts, Stadium and Hotel for MICE Planners to Consider

Stay up to date on the latest venue openings and property renovations, including these found around the world.
( read original story …)


Posted on 19/03/2021

Dubai’s weekly property sales surge to highest level to $1.5bln

Dubai’s weekly property sales rose to their highest level this month, as more investors snapped up flats, villas and plots across the emirate, according to the latest data from the Dubai Land …
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Posted on 19/03/2021

Wade Adams unit wins Abu Dhabi mixed-use project work contract

UAE-based Hilal Bil Badi & Partners Contracting Company (Hilalco) said it has been awarded a contract by Aldar Properties to provide infrastructure works at Saadiyat Lagoons District, a 6-million-sq-m …
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Posted on 19/03/2021

Pure Harvest Smart Farms secures $60 million in growth funding

Founded in Abu Dhabi on the premise that the region needs … defensible intellectual property, and a top-tier management team with a large, vested interest in its success. Pure Harvest has …
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Posted on 19/03/2021

Dubai sets up tribunal to resolve inherited property dispute

The members of the tribunal will include legal, financial and real-estate experts and its head will be named by the chairman of the Dubai Judicial Council. The decision authorises the special tribunal …
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Posted on 18/03/2021

Practical tips for property buyers and investors in Dubai

While Dubai’s real estate sector is enjoying an increase in completed residential properties, there are many elements that a new purchaser should be aware of when considering purchasing a property …
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Posted on 18/03/2021

How Dubai’s 2040 master plan will resolve oversupply in property market

The new 2040 Urban Master Plan, which seeks to make Dubai the world’s best city to live in, will finally address the huge housing supply glut in the emirate, according to a property analyst. The …
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Posted on 17/03/2021

Middle East stocks: UAE bourses fall as banks drag, ex-dividend stock hits Qatar

(Reuters) – Stock markets in the United Arab Emirates (UAE) traded lower on Wednesday, dragged down by banking shares, while the Qatari index was pressured by Qatar Navigation trading ex-dividend.
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Posted on 17/03/2021

REFILE-Abu Dhabi asks banks to pay $800 mln for airport project guarantees – sources

It could pressure balance sheets of banks already heavily exposed to the construction sector in the United Arab Emirates, sluggish for years amid a slowdown in infrastructure and property projects.
( read original story …)


Posted on 16/03/2021

DLD’s bulletin highlights resilience of Dubai property sector

In apartment sales, Dubai Marina, Business Bay … Exhibitors at Cityscape Abu Dhabi, the UAE capital’s leading property investment and development event, have identified the emirate’s emerging trend …
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Posted on 16/03/2021

Abu Dhabi asks banks to pay $800 mln for airport project guarantees – sources

State-owned Abu Dhabi Airports has called on almost 3 billion dirham ($816.82 million) worth of guarantees issued by local banks on behalf of contractors working on an airport expansion project …
( read original story …)


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