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.
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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.
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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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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 …
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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 …
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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.
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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, …
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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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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 …
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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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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, …
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‘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% …
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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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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 …
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Signs of cracks for Dubai’s property sector in 2020, before a 2021 reprieve
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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