Aldar Properties PJSC is looking into buying assets that would boost its management units as the largest listed developer in the United Arab Emirates aims to take advantage of strains in the market.
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Billionaire ruler of Dubai wins two-year planning battle to build six-bedroom lodge at his Scottish Highlands estate just yards from family’s home
The Scottish government looks set to approve an appeal from Sheikh Mohammed bin Rashid al-Maktoum to build a six-bedroom lodge on his 63,000 acre Highland estate.
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Aldar Properties profit rises 8% as development business outperforms
Aldar Properties
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Dubai’s DAMAC loses $148.3 million in third quarter
Dubai developer DAMAC Properties
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From Dubai to Malta: Balochistan lawmakers’ own assets and properties worth billions
This was stated in the documents on assets and liabilities of public office holders issued by the Election Commission of Pakistan (ECP). Jam Kamal also owns properties worth Rs720 million and Rs840 …
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Dubai’s Emaar Properties posts 58% slump in net profit for Q1-Q3 2020
Dubai developer Emaar Properties recorded Dhs2.43bn in net profit for the first nine months of 2020, slumping 58 per cent from Dhs5.81bn recorded during an year-earlier period. Meanwhile, the …
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Damac Properties slips into massive Dh931m loss in first nine months of 2020
Dubai: Damac Properties has slipped into a Dh931 million loss for the first nine months, as Dubai’s property market feels the full impact of the COVID-19 on demand. Last year, it had a profit of Dh132 …
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Dubai’s DAMAC loses $148.3 mln in third quarter
Dubai developer DAMAC Properties on Thursday reported a 544.6 million dirham ($148.3 million) third-quarter loss, warning a recovery from the coronavirus crisis was possibly still some time away.
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Dubai’s Emaar reports nine-month profit almost cut in half
Dubai’s largest listed developer Emaar Properties reported on Wednesday a near halving in profit for the first nine months of the year, while its chairman said he was “cautiously optimistic” about the …
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Real estate trends: Dubai’s home sales fall; decline in property prices slows down
The decline in Dubai’s residential values showed signs of decelerating in October, but sales of home units have somewhat slowed down, a new report has revealed. The average capital values for the …
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144 floors of 4 towers in Abu Dhabi to be demolished in 10 seconds. Here’s why
Abu Dhabi: The Department of Municipalities and Transport (DMT) has launched phase two of a comprehensive renovation plan to redevelop designated areas of the iconic Mina Zayed area, and transform it …
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Dubai: Dh500 fine for misusing balcony
Residents in Dubai have been warned against the misuse of balconies as they can be fined Dh500 for not complying with the rules. Property developer Nakheel has sent out a notice to its community …
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With assets in UAE, Azam Swati and Taj Afridi are richest among Pakistan’s senators
PTI Senator and Federal Minister for Narcotics Control Muhammad Azam Khan Swati and an independent senator from the erstwhile Fata Taj Muhammad Afridi are the richest legislators with Rs1.21 billion …
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UAE stays senators’ favourite spot for investment
ISLAMABAD: The United Arab Emirates (UAE) continues to be the favourite foreign destination of lawmakers for investment in business and properties, as most of around a dozen senators owning foreign …
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Expats: How much money should you set aside each month to retire in the UAE?
Based on the destination, money goals for retirement changes. Although retiring rich is on the minds of most expatriates, statistically it’s been observed there are very few who manage to save and …
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The UAE’s newest glamping spot will open in Abu Dhabi on Tuesday
Abu Dhabi: The city’s latest 3,000-hectare waterfront community will open to the public on November 10, just in time for residents to avail the start of the cooler weather. Al Hudayriat Recreational …
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Customers can now co-own an Ellington Properties’ home in Dubai through SmartCrowd
Dubai-based property developer Ellington Properties has launched its apartments on SmartCrowd, the first regulated online real estate investment platform, enabling customers to co-own residential …
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