ZāZEN One is a Trakhees LEED certified green building, with solar panels helping to reduce the buildings’ energy consumption by up to 25% …
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Dubai’s Damac appoints top-level committee to assess $599m shares offer
Dubai-based developer Damac has appointed an independent committee of board directors to assess the offer from former chairman Hussain Sajwani to take the company private by buying out the minority …
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UAE customs seized 923,724 counterfeit goods in 2020: WAM
The United Arab Emirates customs seized 923,724 counterfeit goods in 2020, according to a report published on Emirates News Agency (WAM) on …
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Dubai’s Damac appoints new chairman, forms committee to asses Sajwani’s offer
Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac …
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UAE’s Intellectual Property sector achieves significant growth in 2020
The Ministry of Economy (MoE) has announced that the country’s Intellectual Property (IP) sector has achieved significant growth in the number of works during the past year 2020, as it witnessed a …
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HSBC delivers bullish call on Dubai real estate market
Analysts say a growing demand for larger homes during the pandemic will further boost Dubai’s property market HSBC Holdings has said a growing demand for larger homes during the pandemic will further …
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TikTok conspiracy claims ‘mysterious’ group of islands off Dubai are ‘apocalyptic safe zones’ for rich & famous
A TIKTOK conspiracist claims a “mysterious” group of islands off Dubai are “apocalyptic safe zones” for the rich and famous. The 300-strong archipelago in the Persian Gulf …
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Super-prime villa on Dubai’s Palm Jumeirah sells for $32.5m
Two-storey property in XXII Carat beachfront community becomes the most expensive villa sold in the emirate since 2015 …
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HSBC Joins Morgan Stanley With Bullish Call on Dubai Real Estate
HSBC Holdings Plc said a growing demand for larger homes during the pandemic would further boost Dubai’s property market, echoing analysts at Morgan Stanley who expect the rally to last for “several …
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Wealth Fund ADIA Reviews Real Estate Strategy as Pandemic Bites
The Abu Dhabi Investment Authority, one of the world’s biggest property investors, is considering changes to its real estate strategy after some of its major holdings suffered during the coronavirus …
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Pictures: ‘Most expensive’ villa in Dubai’s Palm Jumeirah sells for Dhs119.5m
A villa in Dubai’s Palm Jumeirah villa has sold for Dhs119.5m, making it the ‘most expensive’ villa sold in Dubai since 2015, according to its developer. Located within the XXII Carat beachfront …
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Dubai developer says real estate market is ‘as low as it’s going to get’
A Dubai-based developer has claimed the emirate’s real estate market “is as low as it’s going to get”. But while Madhav Dhar, co-founder and COO of ZāZEN Properties, told Arabian Business that the …
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Dubai: Enjoy free rides on Palm Jumeirah Monorail this week
Residents and visitors to the Palm Jumeirah can enjoy a free ride on The Palm Monorail this week, Nakheel Properties said. According to a notice sent by Nakheel Community Management, the Dubai …
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Abu Dhabi revealed as the top place to go for luxury travel
With Abu Dhabi known as a haven for luxury travellers, there’s plenty of five-star properties in this capital for tourists or residents to unwind at, as the rooms will make you feel like royalty from …
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New director of operations at Sofitel Abu Dhabi Corniche
Angela Christodoulopoulou has been promoted at the hotel. New director of operations at Sofitel Abu Dhabi Corniche. appointments, dubai, hotel, hotel jobs, news, operators, owners, reports, …
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Who is buying Dubai’s villas, apartments?
Here’s a quick peek into what’s behind the buying frenzy …
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Dubai’s Palm view launches luxury apartments in Palm Jumeirah
After a successful pre-launch in April, 263 fully-furnished apartments are now for sale Dubai: Dubai’s property market welcomes new luxury apartments at the foot of The Palm Jumeirah, Palm View. It is …
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