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Category: PROPERTY

Posted on 31/12/2020

The most-anticipated 2021 hotel openings around the world

From Las Vegas to Vietnam and beyond, new hotels are still popping up around the world – each with a different feel and vibe. Here are USA TODAY’s top picks for some of the buzziest hotels expected to …
( read original story …)


Posted on 31/12/2020

Mideast Stocks: Saudi shares set to finish 2020 higher, other Gulf markets subdued

Saudi Arabia’s main index which was set to extend its yearly gain to a consecutive fifth year, was down 0.3% …
( read original story …)


Posted on 31/12/2020

Metro Extension To Benefit Thousands of Dubai Property Investors and Residents, Says Nakheel

Tens of thousands of investors and residents in some of Nakheel’s most popular communities will benefit from the opening of four new Dubai Metro stations on 1 January 2021, says master developer …
( read original story …)


Posted on 30/12/2020

UAE-based Provis achieves $1.76mln energy, cost savings in 2020

Abu Dhabi: Provis Real Estate Management, a wholly-owned subsidiary of Aldar Properties, has achieved energy and cost savings amounting to over AED 6.5 million across 12 managed communities in 2020.
( read original story …)


Posted on 30/12/2020

UAE stocks slip after first cases of new virus variant detected

Stock markets in the United Arab Emirates (UAE) fell in early trade on Wednesday after the country reported confirmed cases of the new variant of the coronavirus.
( read original story …)


Posted on 28/12/2020

Dubai Economy Launches Updated Version of IP Gateway

The Commercial Compliance & Consumer Protection (CCCP) sector, in Dubai Economy has launched an updated version of its ‘IP Gateway,’ the online portal for obtaining services related to cases on …
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Posted on 28/12/2020

Damac sees UAE property market recovery in two years

The recovery of the UAE property market to pre-crisis levels could take up to two years, an executive at Dubai-listed developer Damac Properties said. The recovery of the real estate market …
( read original story …)


Posted on 27/12/2020

Major Gulf stocks mixed at start of last week of trade

Major Gulf stock markets were mixed early on Sunday in the last week of trading for the year. Saudi Arabia’s benchmark index has gained 4% this year, Abu Dhabi and Qatar are up 1%, while Dubai is down …
( read original story …)


Posted on 27/12/2020

Damac Sees UAE Property Market Recovery In Two Years, Zawya Says

The recovery of the UAE property market to pre-crisis levels could take up to two years, an executive at Dubai-listed developer Damac Properties PJSC said.
( read original story …)


Posted on 26/12/2020

How much is your property worth in the UAE?

Selling your home is a big decision and can feel overwhelming. You don’t want to overprice your property and drive away potential buyers with an inflated number or under-price it and lose money. Also, …
( read original story …)


Posted on 24/12/2020

UAE real estate: Off-plan or ready property, what are you planning to buy?

Additionally, residential property prices have significantly come down so there are good deals in the secondary market. In the last 12 months, residential property prices in Dubai fell by 11.7 per …
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Posted on 23/12/2020

Dubai property prices slip again in Q3 as UAE forecasts 6% economic blow in 2020

New figures from UAE Central Bank reveal performance of Dubai, Abu Dhabi real estate markets during Q3 Residential real estate prices in Dubai continued to fall but at a slower pace during the third …
( read original story …)


Posted on 23/12/2020

Coronavirus: Dubai property prices down 0.9 pct in third quarter, says central bank

Dubai property prices fell 0.9 percent year on year in the third quarter after they were little changed in the previous quarter, a UAE central bank report said. For more coronavirus news, visit our …
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Posted on 22/12/2020

Dubai property prices down 0.9pc in third quarter

The coronavirus pandemic has increased pressure on Dubai’s property market, which for years has seen supply outstrip demand for new houses and apartments. * Citing data from the Dubai Land Department, …
( read original story …)


Posted on 20/12/2020

‘The Gate’ project due for completion in Q4, 2022 says Reportage Properties

Reportage Properties has said that construction work is progressing at a steady pace on its The Gate residential development in Masdar City, in Abu Dhabi. Construction works are said to be 20% …
( read original story …)


Posted on 19/12/2020

Your Dubai second home could be just a three-hour flight from Tel Aviv

Dubai is becoming one of the number one destinations for Israelis as new relations with the United Arab Emirates have rapidly expanded into a massive air bridge linking Tel Aviv and Dubai. With …
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Posted on 18/12/2020

New eco-retreat opens in Abu Dhabi

A new getaway, labelling itself as Abu Dhabi’s first eco retreat has opened on Jubail Island, next to Jubail Mangrove Park. The adults-only property Pura Eco Retreat is surrounded by nature and is …
( read original story …)


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