A modern property full of history, art and enough food to ensure you’ll never want to leave – Danae Mercer heads to Al Bateen Peninsula to discover The Abu Dhabi EDITION A meat sommelier named Charlie …
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Q1 net profit down by 72% at Eshraq Investments in Abu Dhabi
Abu Dhabi Securities Exchange-listed (ADX) real estate and investment firm Eshraq Investments has seen net profits decline by more than 70% in the first quarter of 2019, with revenue also reducing …
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Why the holy month may just change the way you see Abu Dhabi
This means that Abu Dhabi truly becomes a city of the night … cannon were used as a way to signal that it was time to break bread. The beauty and blessed properties of the Arabic language are …
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Abu Dhabi’s albatross
Like the Chrysler, each property racked up losses for its foreign investors. During the height of the commodities boom a decade ago, Abu Dhabi enjoyed a $170 billion surplus thanks to its oil …
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Dubai property market sees ‘healthy’ off-plan deals balance in Q1
Thirteen Dubai commercial property deals worth more than AED100 million ($27 million) each were reported during the first four months of 2019, according to new research. Property Finder, the UAE-based …
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Dubai developers offer heavy incentives to attract property buyers
(MENAFN – Khaleej Times) Lucrative incentives, innovative payment plans and freebees are tempting investors and tenants to own a home in Dubai as developers are going the extra mile to dispose of …
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Despite depressed Dubai property market, off-plan sales soar
DUBAI, UAE – The property market in Dubai may be in depression, but off-plan sales are booming. Prices of property and rentals have fallen to levels not seen since the Global Financial Crisis, yet …
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Dubai property market records a fourth month of sales growth
Dubai: Dubai’s property market has come up with a fourth successive month of improved sales, both on off-plan and ready units. And with enough prospective buyers out there, developers in Dubai — …
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Revealed: how Dubai, Abu Dhabi property price falls compare
Residential property prices in Dubai and Abu Dhabi fell by around 5 percent during 2018, putting both cities in the bottom 10 performers in the world, according to new research. The Knight Frank …
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Homefront: ‘how can a buyer ensure banks don’t undervalue an off-plan property?’
In the current market I have heard of some newly completed properties being valued by UAE banks at approximately 12.5 per cent less than their original purchase value. The banks will only mortgage 75 …
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Brexit uncertainty could draw more attention to Dubai real estate market
The Dubai Real Estate market is likely to be impacted by UK’s uncertainty to stay or exit the European Union (EU). The ambiguity of the exit plan and the rejection by the British Parliament of the …
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Abu Dhabi developer launches freehold waterfront apartments
It will also be one of the first properties available for foreign freehold ownership, following Abu Dhabi’s recent legislative changes. Azure Al Reem occupies a waterfront location on the increasingly …
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Aldar Properties : Reem Central Park gets artworks
Aldar Properties PJSC (Aldar), in partnership with Abu Dhabi Art (under the Department of Culture and Tourism – Abu Dhabi), has commissioned a series of public artworks for the newly-opened Reem …
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Abu Dhabi allows foreigners to own land for first time
Abu Dhabi is allowing all foreigners to own land for the first time in its history. The move is meant to boost the slumping property market in the United Arab Emirates capital amid low oil prices …
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New public art revealed at Abu Dhabi’s Reem Park
This follows a commission for the 600-metre mural at Al Raha Beach, and other artworks within buildings owned by Aldar Properties PJSC, which is sponsoring the efforts in partnership with Abu Dhabi …
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Abu Dhabi resort voted ‘most instagrammable in the world’
More than 35,000 readers voted for the five-star desert property, which sits on the edge of Abu Dhabi’s Empty Quarter, with the Anantara establishment defeating second-placed Viceroy Los Cabos in …
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Abu Dhabi rises to 12th globally in 2019 ‘Doing Business’ rankings
Continuing its impressive performance, Abu Dhabi ranked 15 th worldwide in the “property registration” index, which evaluates the steps required for a business to buy property from another business. …
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