Dubai: A Swiss family living in Monaco has bought the most-expensive villa to be sold on Dubai’s Palm Jumeirah, per square foot, for over $30 million. Named ONE100 Palm, the 13, …
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United Arab Emirates attracts corporate billions to climb tax haven ranking
The United Arab Emirates, a magnet for the globe’s ultra-rich, has also emerged as one of the fastest-growing corporate tax havens, according to a study released on Tuesday that highlighted a $200 …
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Swiss family buys the most expensive villa in Dubai worth Dhs111.25 million
The property is nestled in the Palm Jumeirah in Dubai, and has been termed as the most expensive property to be sold in Dubai in 2021.
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Video: Dubai’s most expensive villa in 2021 sold for Dh111m
A villa on the Palm Jumeirah has been sold for a staggering Dh111.25 million, making it the most expensive property sold in Dubai in 2021.The new custom modern contemporary villa – One100Palm – has …
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Emaar Malls merger with Emaar Properties a credit negative
Moody Investors Service has said the proposed merger of Emaar Properties and its subsidiary Emaar Malls by way of share swap will be credit negative for the l …
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UAE long term-visas, property prices and to sell or not to sell
In 2021, visas are once again tied to property investments. Authorities, developers, and property investors spot this as an opportunity to revive a real estate market that has seen its share of …
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Where to buy property in Dubai
Rohit Gokul remembers what Dubai looked like before all the skyscrapers, the six-star hotels and the Burj Khalifa — the world’s tallest building — appeared.“Twenty-five years ago the tallest tower in …
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Why Is Dubai Property Market Booming in 2021?
So, it’s another record month for Allsopp and Allsopp this February and I’ve learned it’s a record month for some of the major developers in Dubai too. Let me just put that into context – a record …
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How villas led the Dubai property price rebound in February
New ValuStrat research shows all villa freehold locations in Dubai registered monthly price increases in February …
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New UAE Citizenship Law a Milestone for the Gulf
On January 30, the ruler of Dubai and Prime Minister of the United Arab Emirates (UAE) Sheikh Mohammed bin Rashed Al Maktoum announced a decision that will provide a select group of foreigners with a …
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Ithra Dubai: “We believe our projects will impact many sectors of Dubai’s economy”
Ithra Dubai discusses their objectives for 2021, what the UAE’s vaccination campaign means for the real estate market and updates on One Za’abeel and Deira Enrichment Project …
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Options of UAE Businesses as per DIFC Bankruptcy Law
The main domestic regulations governing insolvency and restructuring matters in UAEs leading financial hub, Dubai International Financial Center (DIFC), comprise the DIFC Insolvency Law. It is …
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MIDEAST STOCKS-Property shares buoy Dubai as major Gulf markets rise
Major stock markets in the Gulf rose in early trade on Wednesday, with the Dubai index leading the gains, boosted by its property shares following a buy out announcement. On Tuesday, Emaar Properties …
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Hilton Abu Dhabi Yas Island Opens To The Public
The Hilton Abu Dhabi Yas Island opened its doors on Yas Bay’s Waterfront, on the island’s southern end. Situated on this waterfront mixed-use development, the Hilton property is near the island’s …
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Dubai real estate to ‘bottom out’ in 2022 after tough year due to COVID-19: Report
Property market in Dubai may “bottom out next year after weathering a tough 2020, according to S&P Global Ratings.“We already had a supply and demand …
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Dubai’s property market slump will continue for 12 to 24 months: S&P
Key sectors in Dubai, particularly real estate… will likely remain under pressure for the next 12 to 24 months,” S&P said in a report released on Monday. “The residential …
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Dubai cat cafe hopes rescues will find purr-fect new homes
The Ailuromania Cat Cafe, which was the Middle East’s first cat cafe when it opened in 2015, hopes the relaxing properties of its 25 rescue and shelter cats will help find them their forever homes.
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