Category: PROPERTY

For someone who started out working in property development, Hisham Samawi has certainly … the brothers are focused on growing in the region, with Abu Dhabi the “logical next step”, then elsewhere in the GCC and perhaps Beirut. They are not …
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The real estate development business of Emaar Properties, which is being listed in an initial public offering (IPO) in Dubai, is expected to be valued at Dhs24bn ($6.5bn), two people familiar with the deal said. The valuation is based on the assets Emaar …
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The Economic and Financial Crimes Commission has begun fresh moves to seize nine Dubai properties worth about N1.6bn, traced to a former Managing Director of the Petroleum Products Marketing Company, Mr. Haruna Momoh. Already, the EFCC has obtained an …
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For all expats in the UAE property is usually taxed in its physical location, rather than where the owner is resident, Ms McClafferty says: “This means even non-residents can be exposed to property taxes, although the scope and definition will vary …
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Dubai Properties, a leading Dubai-based real estate master developer of renowned destinations across the emirate, today announced the completion of the raft casting at its Bellevue Towers residential project. Valued at more than AED200 million, the two …
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RELATED ARTICLES: Dubai Properties to hand over Marasi residential tower in 2020 | Dubai Properties releases additional Arabella townhouse units | Dubai Properties begins work on Marasi Business Bay marina Dubai Properties has announced the completion of …
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NBK Capital Partners, the private equity arm of National Bank of Kuwait, said it has completed the acquisition of the Dubai campus of a K-12 international curriculum school in a sale-leaseback transaction. This comes in line with the firm’s strategy to …
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Real estate giant Emaar has signed a memorandum of understanding (MoU) with Dubai Municipality to market and promote the latest landmark, Dubai Frame, which is set to open next month. As per the agreement, the company will provide guidance on the operation …
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Dubai: Shabab Al Ahli Dubai Club has announced a new sponsorship agreement with Dubai-based property developer Nakheel. Khalifa Saeed Sulaiman, the chairman of the higher committee for the merger of Shabab Al Ahli Dubai and Ali Rashid Lootah, chairman of …
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Dubai-based master developer Nakheel is making its way to Munich with a multitude of real estate investment opportunities worth more than AED6.5 billion (EUR1.5 billion) as it exhibits at Expo Real for the first time. The only UAE developer exhibiting at …
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Dubai: Mild buying in Emaar Properties helped the Dubai index close in the positive zone, but the overall outlook remains bearish as long as the gauge trades below the key resistance level. The Dubai Financial Market General index closed 0.45 per cent …
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Catalan studio RCR Arquitectes designed the Muraba Residences for a site on the Eastern Crescent of Dubai’s Palm Jumeirah – an artificial archipelago created in the Persian Gulf that was created to accommodate seafront properties, hotels and resorts.
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RELATED ARTICLES: CBRE Middle East expands advisory, transaction team | CBRE wins property management contract for Bahrain’s GBCorp Tower | CBRE: Residential rents decline further in Q4 2016 Residents in the UAE are beginning to exercise a more risk …
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Property developer Emaar has entered an agreement with Dubai Municipality to manage the upcoming Dubai Frame when it opens next month. The memorandum of understanding was agreed with Emaar following its experience managing the observation areas of the …
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Dubai – The recent Cityscape Glob­al Dubai, one of the high­lights of the UAE property calendar, saw a record number of visitors and received a unanimous vote of ap­proval for well-conceived projects from Dubai, Abu Dhabi and other emirates. About 300 …
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Abu Dhabi’s Aldar Properties has announced the awarding of a Dhs745m ($202.8m) contract to Construction Group Contracting House for its mid-market The Bridges residential development on Reem Island. The contract covers the construction of six apartment …
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Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has appointed Construction Group Contracting House (CGCH) as the main contractor and early works package provider for an AED 745 …
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