The tell-tell signs of stress are present in Dubai’s building and construction sector affecting property sales and inflating material prices, prompting the largest developed Emaar to halt supply. But …
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How the UAE’s coronavirus response is driving Indians to buy property in Dubai
Record low property prices and the efficiency of the UAE in containing coronavirus pandemic said to be attracting cash-rich Indians to Dubai …
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Dubai’s secondary residential property sales hit new high in November
The secondary residential property sales in Dubai real estate market for November hit a new high registering a total of 3,928 transactions worth AED7.65 billion ($2.08 billion), thus breaking a …
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Dubai Wealth Fund Adds Another Builder in Distress to Its Roster
Investment Corp. of Dubai is gaining a larger footprint in the emirate’s property market by asserting control over state-owned developer Meydan’s real estate projects.
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Secondary home sales in Dubai hit a 6-year high
The secondary residential property sales in Dubai hit a six-year high in November by accounting for 74.4 per cent of the total Dh7.65 billion worth of 3,928 transactions, according to Data Finder. The …
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Wyndham welcomes two new Dubai properties
The company has also welcome the launch of the 94-key Super 8 by Wyndham Dubai Deira – its first property in the UAE under the economy brand. Located in the historic area of Deira, the newly opened …
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Abu Dhabi T10 League: The idea is to make it a truely global property, says Shaji Ul Mulk
The Abu Dhabi T10 League, cricket’s next big thing to be held in the UAE from January 28 to Feburary 6 next year, has set it’s eyes to be a ‘‘truely global property’’ and working …
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UAE developer to deliver 4,000 units in Dubai, Abu Dhabi
Abu Dhabi-based developer Reportage Properties is developing 10 projects which will deliver about 4,000 housing units in Dubai and Abu Dhabi. Islam Ahmed Suleiman, CEO of Reportage Properties, said …
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Dubai property sales break 7-year record, top areas revealed
Secondary residential property sales in November 2020 broke a seven-year record as local real estate steadily recovers from the impact of the pandemic and oversupply. The top areas for secondary …
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Dubai’s secondary home sales hit 7-year high; buyers spend $1.5bln in one month
The secondary property market in Dubai has hit the highest record in seven years, with thousands of completed homes worth 5.7 billion dirhams ($1.5 billion) snapped up in just one month, the latest …
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Rents in Dubai: Where can you get a studio apartment for just Dh15,000?
Though demand for villas and townhouses has been on the rise since the pandemic, studio apartments are also seeing fairly good demand in the emirate. Below is a guide for people looking for economical …
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Dubai’s Emaar founder Alabbar steps down, takes managing director role
Dubai’s largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, as managing director, and appointed Jamal Bin …
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Dubai’s Emaar appoints new chairman as founder takes managing director role
Dubai’s largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, as managing director, and appointed Jamal Bin …
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Man arrested in Dubai for setting off ‘dangerous’ fireworks in viral video to celebrate baby’s birth
Dubai Police has arrested a man for ‘dangerously’ setting off fireworks in a residential area and causing damage to properties. The man, who had appeared in a viral video while setting off fireworks …
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Sujimoto’s Banana Island Project to be the next Downtown, Dubai
You buy ‘a property’ when you want to be somebody, but you buy a LeonardoBySujimoto when you are already someone” In 2004, a young company with an aggressive and innovative CEO, Mohamed Alabbar – …
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Contractors ‘have not absorbed lessons of Dubai property crash’
Smaller, newer firms still vulnerable to contract disputes due to lack of awareness, says leading construction lawyer …
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Faster UAE hotel occupancy spike to lead Mena rebound in 2021
Markets expected to continue benefiting from ongoing tourism initiatives, upcoming mega projects and domestic tourism …
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