Dubai Land Department (DLD) announced that the total value of real estate transactions exceeded AED 390 billion across 95,000 transactions in 18 months (1 Jan 2016 – 31 July 2017). Commenting on the results, His Excellency Sultan Butti bin Mejren …
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Abu Dhabi initiative to provide Dhs700 accommodation for lower earners
Abu Dhabi has announced plans to provide more accommodation options for lower income groups in the capital as the property market continues to weather tough economic conditions. The Department of Municipal Affairs and Transport at the Abu Dhabi City …
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Fäm Properties Tops Aed1.3 Billion In City Walk Residential Sales
One of Dubai’s largest real estate brokerages, fm Properties, has topped AED1.3 billion in residential property sales at City Walk, the new destination developed and managed by Meraas in the heart of Jumeirah. Firas Al Msaddi, the fm Properties CEO …
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1 Bedroom Studio Flat For Sale In Jumeirah Dubai
Benefits: 1) Purchasing property in Dubai = Dubai offers you a residence permit -so if you visit Dubai a lot for work or pleasure means you will save a lot of time bypassing visa and immigration and you have a place to stay 2) As a rental property Dubai …
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Fäm Properties tops $353.9m in City Walk residential sales
Fäm Properties, a leading real estate brokerage in Dubai, has topped Dh1.3 billion ($353.93 million) in residential property sales at City Walk, the new destination developed and managed by Meraas in the heart of Jumeirah, Dubai. Fäm Properties CEO Firas …
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Real estate leads economic activity in Dubai
The real estate sector has grown into a significant component of the economy in Dubai and the number of companies engaged in real estate and related activities in Dubai has now reached 8,011, including more than 680 real estate developers. According to the …
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Lootah Real Estate, Dubai South in JV deal
Lootah Real Estate (LRE) and Dubai South have entered into a joint venture to develop residential units in the Dubai South residential district. The agreement calls for the phased development of approximately 1.1m sq ft of property. “Winning such a …
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Dubai Investments Real Estate signs $300m deal for Mirdif Hills
DUBAI: Dubai Investments Real Estate Company LLC [DIRC] has signed an 1.1 billion dirhams ($300 million) financing deal with First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) for its Mirdif Hills development. Mirdif Hills is being developed …
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Very Spacious 3 Bed Apartment with Dubai Marina View
A 2,875 sq.ft. apartment in Dubai Marina consisting of three bedrooms all en-suite with bathrooms and fitted with walk in wardrobes, now is available for sale. This is an “old school” property where the rooms are very spacious and bright, with proper …
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ENBD Reit acquires school for Dh55 million
ENBD Reit, the Nasdaq Dubai-listed Shariah-compliant real estate investment trust managed by Emirates NBD Asset Management, has acquired South View School in Remraam. South View School will be Interstar Education’s fifth Dubai campus and its second British …
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Dubai South prices set to rise as more developments take shape
Off-plan sales in the first seven months of the year in Dubai South increased 285 per cent, compared with the whole of last year, property analysts Reidin said in a report. “We opine that off-plan sales will continue to rise as the community gears up for …
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What are a tenant’s rights after a residential fire?
In the UAE, the responsibilities of the property owner and the property developer are mostly poorly understood, and the tenants expect to be covered by the insurance policy held by either the property owner or of the property developer. Generally …
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Dubai billionaires and billion-dollar promises
… are well-known for their billion-dollar investments in luxury real estate projects in Dubai, but many of them have not been successful in the Vietnamese property market. Bitexco, a big Vietnamese real estate developer, has confirmed that Emaar …
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MIDEAST STOCKS-Saudi and Dubai trade sideways, Qatar underperforms
DUBAI, Aug 6 (Reuters) – Stock markets in Saudi Arabia and … citing a decrease in residential sales and higher financial charges. Al Andalus Property edged down 0.5 percent. It reported second-quarter net profit of 27.6 million riyals, up 11 percent …
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Panic stirs as Dubai 78-story residential building catches fire
Fire incidents have happened several times in Dubai’s high rise buildings in recent years, pushing insurance costs higher for apartments and property in general in the Gulf Arab sheikhdom. DUBAI, Aug. 6 (Xinhua) — A blaze was reported early Sunday in the …
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Female Real Estate Broker – Venture Horizon Real Estate Brokers LLC – Dubai Jobs
Venture Horizon Real Estate is specialized in the sale of residential villas within the prestigious areas of Dubai and we provide an unrivalled professional, transparent and personalized service to all our clients. We are now expanding and are looking for …
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ENBD REIT Acquires First Education Asset In Dubai
ENBD REIT (CEIC) Limited (“ENBD REIT”), the Nasdaq Dubai-listed Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management, announces that it has acquired South View School in Dubai’s Remraam Community. South View …
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