this marks the first international property for Dukes under the Dukes Collection umbrella.’ Dukes Dubai consists of 279 guestrooms, including 64 suites, a ladies-only Liberty Duchess floor featuring 20 rooms furnished exclusively by Liberty Fabrics …
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Bloom Properties commences main construction works of Soho Square at Saadiyat in Abu Dhabi
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has commenced the main construction works at its ‘Soho Square’ urban development on Saadiyat in Abu Dhabi. Bloom Properties has …
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What happens when your rented property gets a new owner?
You may reside in the property until the expiry of your tenancy contract in accordance with Article 28 of Law No. 26 of 2007 regulating the relationship between landlords and tenants in Dubai, which states, “Transferring the ownership of real property to a …
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Abu Dhabi index leads regional losses on selling in banks
Dubai: The Abu Dhabi index fell more than 1.5 per cent weighed by selling in First Abu Dhabi Bank and Aldar Properties. The Abu Dhabi Securities Exchange closed 1.65 per cent lower at 4,427.30. First Abu Dhabi Bank closed 3.65 per cent lower at Dh10.55 …
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Dubai property marketing permit procedures must be followed
I have a question with regards to the new law recently introduced, mandating that real estate brokers must now obtain a permit prior to advertising any property for rent or sale. Furthermore, my understanding is that the broker must submit a copy of the …
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Why Dubai is a hotspot for property investors
From its beginnings as a fishing and pearling port, Dubai has morphed into a glittering global marvel today. It has defied the norms and defined the extraordinary to captivate the world. Glamour and grandeur have now been synonymous with Dubai as it builds …
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Buy now, pay later deals spur Dubai property market
Developers have used payment plans as a key tool to reinvigorate the real estate market since 2014, changing from mostly front-loaded to back-ended payment plans. In 2013, more than 80 per cent of launches had payment terms that were front-ended, whereas …
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Bloom begins main works at Soho Square, Abu Dhabi
The main construction phase is now underway at Soho Square, Bloom Properties’ second mixed-use project on Saadiyat Island in Abu Dhabi, according to a statement by the developer. Bloom Properties has appointed Emirates Link Maltauro to carry out the work.
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Best Places To Stay In Abu Dhabi: 8 Hotels And Vacation Rentals
You can reach the Abu Dhabi International Airport within 25 minutes in a car. Here you can enjoy a comfortable stay in the air-conditioned suites of this property, which boast of contemporary interiors that are charmingly done in earthy tones. Other room …
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Dubai real estate fund ENBD Reit buys student housing for Dhs120m
Dubai-listed real estate investment fund ENBD Reit has acquired Dubai’s ‘first purpose-built student residence’ for Dhs120m, it announced on Tuesday. The 424-bed property, Uninest Dubailand, was acquired from Global Student Accommodation (GSA) on a …
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Abu Dhabi’s Bloom Properties awards Dhs1bn contracts so far in 2017
Abu Dhabi developer Bloom Properties has awarded five construction contracts worth over Dhs1bn since the beginning of 2017, it announced on Monday. The developer appointed General Construction Company for the main construction works of Stella Maris, Becon …
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Bloom begins main construction works at Soho Square, Abu Dhabi
The main construction phase is now underway at Soho Square, Bloom Properties’ second mixed-use project on Saadiyat Island in Abu Dhabi, according to a statement by the developer. Bloom Properties has appointed Emirates Link Maltauro to carry out the work.
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Trump’s protectionism will benefit UAE property sector: CEO
Growing protectionist policies in the West will ultimately benefit the United Arab Emirates’ (UAE) real estate sector, despite the challenging economic climate as a result of the low oil price, a Dubai-based developer has said. Farhad Azizi, CEO of Azizi …
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Here’s What You Can Buy With $1 Million in Dubai
Despite slight yield compression witnessed over the last 6 to 12 months, Dubai’s prime residential market continues to be positioned attractively as a real estate investment on the global scene. While comparing 10 of the world’s most sought-after …
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Abu Dhabi’s Bloom Properties awards main contract for Soho Square
Bloom Properties, the real estate arm of Abu Dhabi-based Bloom Holding, announced on Sunday it has awarded the main construction contract for its Soho Square development on Saadiyat in Abu Dhabi to Emirates Link Maltauro. The developer said in a statement …
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Aldar Properties : hired to build new $272m Abu Dhabi media free zone
twofour54, Abu Dhabi`s media and entertainment free zone, has appointed Aldar Properties to be the developer of its new, permanent home which will be situated on Yas Island. The first phase of the new free zone is valued at about AED1 billion ($272 million …
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Abu Dhabi’s wills registry for non-Muslim expats will strengthen legal system
The growing number of non-Emirati property owners will also be able to ensure their houses are passed on to relatives without dispute. Abu Dhabi will now be in line with Dubai and Ras Al Khaimah.In both emirates the Dubai International Financial Centre’s …
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