Dubai’s residential sector in the final quarter of 2018 witnessed a continuation of the tough trading conditions experienced in previous quarters, according to new research by Chestertons. Average apa…
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R Hotels appoints commercial director for Dubai properties
R Hotels has appointed Nevil D’souza as commercial director for its Dubai properties. D’souza will be responsible for the overall sales and marketing strategies of the group’s four hotels in the emira…
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UAE residential prices, rents likely to soften in 2019
The residential prices and rents in the UAE property sector are likely to soften in 2019, however there could be additional demand in the coming months which will help underpin the market as a result …
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Aldar Properties unveils $544m Alreeman near Abu Dhabi airport
Abu Dhabi development giant Aldar Properties has launched $544.5m (AED2bn) mixed-use development, Alreeman, in the Alshamkha area near Abu Dhabi International Airport. Spread over an area of 280ha, th…
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DLD, Dubai real estate companies to host American investors
Dubai Land Department (DLD) will receive a US delegation of more than 150 government and private-sector representatives seeking investment opportunities in the UAE emirate. According to Sultan Butti b…
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US team to review Dubai real estate investment
The Dubai Land Department (DLD) will receive a delegation from the US representing government and private institutions and comprising more than 150 real estate agents and 11 investors who are seeking …
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Radisson Blu brings two new Abu Dhabi properties to market
Radisson Blu has opened two hotels in Abu Dhabi, capital of the United Arab Emirates. Both hotels hold prominent locations, with the Radisson Blu Hotel & Resort, Abu Dhabi Corniche located on the vibr…
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Is it worth buying a property in Dubai?
The Dubai Investment Market offers a plethora of opportunities for investors to benefit from unparalleled gains in the global property market, though the current market sentiments are not in favour of …
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Dubai real estate deals top $5bn in last 10 days of 2018
Dubai’s real estate market recorded a high-transaction volume during the last 10 days of 2018 with a value of over Dh19 billion ($5.1 billion) through 2,081 transactions, said the director general of …
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Risk to a property deal is high without a conveyancer
A UAE property transaction can take anywhere from eight days to eight weeks through to completion with numerous complexities and legal implications if not managed correctly. The potential risks to any…
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Dubai’s real estate stocks rebounded on New Year’s Eve
Dubai’s real estate stocks rebounded on New Year’s eve, with Emaar Properties gaining 3.3 per cent and Damac Properties adding 4.1 per cent. Exchange data showed buying by local institutions …
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UAE’s real estate market on cusp of robust recovery in 2019: Al Ruwad CEO
Catalysts and laws are two key factors that will help the UAE property market witness a robust recovery in 2019, Ismail Al Hammadi told Mubasher in an exclusive interview. He noted that the market saw …
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Arabtec wins $60m Dubai Properties contract
Arabtec Holding has been awarded a Dhs222m ($60.4m) contract by Dubai Properties to build 352 new villas at is master planned Villanova project, the company has announced. In a statement to the …
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Arabtec wins $60m contract to build Dubai Properties’ Villanova homes
The construction subsidiary of Dubai-listed Arabtec Holding has won $60.4m (AED222m) contract to build 352 villas at Dubai Properties’ Villanova master development in Dubailand. Arabtec Construction’s …
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UAE property prices fell to more affordable levels in 2018
Expat property purchasers in the UAE had a good 2018 as residential property values dropped to more affordable levels. Real estate in the UAE over the past year was predominately priced in favour of c…
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Property in Abu Dhabi: Homes get more affordable in UAE capital
The Abu Dhabi property market has seen sales and rents decrease on average for apartments and villas. Only certain areas in the emirate have seen a significant price change, according to a recent repo…
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Abu Dhabi homes get more affordable
The Abu Dhabi property market has seen sales and rents decrease on average for apartments and villas. Only certain areas in the emirate have seen a significant price change, according to a recent repo…
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