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Category: PROPERTY

Posted on 11/10/2017

Dubai Land Department Launches Blockchain Real Estate Initiative

In a press release issued Saturday, the agency said, “The technology will allow investors residing in Dubai and around the world to verify property data that is backed by timestamp signatures, enhancing the accuracy of data, the credibility of investment …
( read original story …)


Posted on 11/10/2017

UAE ignoring request for list of real estate investors: FBR

However, the UAE authorities have so far not provided the choice of venue and dates for the negotiations. Meanwhile, the SBP has not granted any permission to any individual or company for the acquisition of property in the UAE or any other country.
( read original story …)


Posted on 11/10/2017

Dubai’s Al Ghurair Properties to build Dhs5bn worth of projects

According to a recent report by real estate agency JLL, it is predicted that there will be an upward trajectory in Dubai’s property sector on the back of an improved economy. In its third quarter report, the agency confirmed that developers in Dubai have …
( read original story …)


Posted on 10/10/2017

Abu Dhabi’s Aldar to hand over Ansam, Al Hadeel projects this year

Abu Dhabi developer Aldar Properties has confirmed that it will hand over two of its new projects – Ansam and Al Hadeel, before the end of this year. Located on the west side of Yas Island, Andalusian-style apartment development Ansam will be handed over …
( read original story …)


Posted on 10/10/2017

Aldar to Deliver Ansam and Al Hadeel Homes to Customers This December

Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, continues to make steady progress across its destinations. On the west side of Yas Island, Abu Dhabi’s most exciting destination …
( read original story …)


Posted on 10/10/2017

UAE’s Union Properties to launch maiden Abu Dhabi project

RELATED ARTICLES: Union Properties establishes mall, hospitality subsidiaries | New CEO named at Dubai’s Union Properties | Union Properties profits drop 51% in 2016 Dubai-listed company, Union Properties (UP), is set to develop its first project in Abu …
( read original story …)


Posted on 10/10/2017

Aldar Academies has big plans 10 years after starting from humble beginnings

“Around 10 years ago, there wasn’t an abundance of quality type of schools in the emirate of Abu Dhabi,” said Aldar Academies Chairman Mohammed Al Mubarak, who is also the CEO of Aldar Properties. “We were brought in to basically start considering …
( read original story …)


Posted on 08/10/2017

Dubai Land Department switches to blockchain tech

and links them with the Dubai Electricity and Water Authority, (Dewa), the telecommunications system, and various property-related bills. Blockchain’s secure electronic real-estate platform incorporates personal tenant database, including Emirates Identity …
( read original story …)


Posted on 08/10/2017

Dubai’s ENBD REIT acquires Oracle building for $76m

Dubai-listed real estate investment trust ENBD REIT has announced the acquisition of an office building housing the regional headquarters of technology firm Oracle in Dubai for Dhs280m ($76.2m) The October 5 purchase of the 92,000-square-foot Edge office …
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Posted on 07/10/2017

Countdown to WorldSkills Abu Dhabi 2017: How Sheikh Zayed’s love of plants proved a winner for one Emirati gardener

A Dh15bn Dubai property development created by her family … Determination is one of the qualities Kamelia urges young people considering entering WorldSkills Abu Dhabi 2017 to carry with them at all times. “Keep pushing forward and jump at every …
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Posted on 06/10/2017

European Luxury Meets Middle Eastern Tradition At the Ritz Carlton Abu Dhabi

Enter: the mini Abu Dhabi vacay. Get two holidays for the airfare of one … this is no cookie-cutter five-star property. This celebrated Ritz-Carlton is set in a grand Venetian-style building on its own private beach, offering sweeping views over …
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Posted on 06/10/2017

Report: Luxury NY apartment linked to DoJ’s 1MDB probe for sale

PETALING JAYA: A property named by the United States Department of Justice … penthouse in Walker Tower is 212 West 18th Street LLC, a company controlled by Abu Dhabi businessman Khadem Al Qubaisi. The nearly 6,000-square-foot apartment spans the top …
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Posted on 06/10/2017

Q3 2017 Dubai Residential Report: Downward Trend Continuation

Marginal price declines continue, averaging 1.2% year on year for apartments and 1.4% for villas/townhouses in Dubai during Q3 2017 • Average rents in Q3 2017 have declined at a faster pace than prices over the last twelve months • Property Monitor …
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Posted on 06/10/2017

Expansive Villa with Golf Course Views in Emirates Hills, Dubai, United Arab Emirates – Dubai Video

this expansive villa is not just a stunning property but also the expression of luxury living style, offering a unique, contemporary design fused with traditional architraves and interrupted views over golf course and Dubai skyline.
( read original story …)


Posted on 06/10/2017

Police say property developers met Dawood Ibrahim, Anees Ibrahim in Dubai

Pankaj Gangar, arrested in the extortion cases involving Kaskar, was remanded to further police custody for four days. Iqbal Kaskar Mumbai: The two property developers named in the third extortion case registered against Iqbal Kaskar, Dawood Ibrahim and …
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Posted on 06/10/2017

Dubai’s residential property rents down in Q3

Dubai’s residential rents have witnessed a steep drop – 2.8 per cent for apartments and 3.5 per cent for villas/townhouses – in the third quarter mainly due to key factors such as new project handovers of lower priced inventory, as well as readjustment of …
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Posted on 05/10/2017

Dubai South negotiates service provider fees

Dubai’s property sector is experiencing fast transformation and maturing with the master developers now dictating terms to non-resident tenants such as schools and hospitals to limit their fees that matches standards and lifestyle of the community residents.
( read original story …)


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