Aldar Properties has announced the launch of a new AED10 billion ($2.7 billion) masterplan that will incorporate and greatly enhance one of its already established destinations – Alghadeer, which sits close to the border of Abu Dhabi and Dubai.
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Kerzner plans new One&Only property in Dubai
Dubai does it again – One&Only hotel will be part of the One Za’abeel development which has the world’s largest cantilever – it ‘floats’ 100 metres above ground… The group will launch a hotel within the One Za’abeel development, seen as Dubai’s …
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Emaar Properties : Mega-malls? Think ‘village squares and parks,’ says Emaar boss
Mohammed Alabbar, chairman of the Dubai-listed Emaar real-estate company: ‘You should update your business as often as your phone.’ (AFP) The nature of entertainment was also changing fast, he said. “We are designing malls now with parks, music …
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Abu Dhabi’s Aldar Properties eyes new acquisitions
Aldar Properties plans more acquisitions as it sees opportunities in a slowing property market, its chief executive said on Tuesday. Late last year the Abu Dhabi-based developer bought an office tower in the emirate for Dhs658m ($179m). Read: Abu Dhabi’s …
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Closing The Gap: Bayut.Com Is Making Its Presence Felt In the UAE Property Tech Race
You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Haider Ali Khan, CEO of properties portal Bayut.com, believes that his enterprise can be considered as a “driver of change” in its sector- and that’s a …
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No politician on FIA list of UAE property owners
To the surprise of many, the Federal Investigation Agency (FIA), on the directive of the Supreme Court, recently compiled a list of Pakistanis who own property in the United Arab Emirates. The list does not carry the name of a single politician, despite …
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Caesars Entertainment to bring its first non-gaming properties on a Dubai man-made island
In late 2018, Dubai-based Bluewaters Island is expected to become home to Caesars Palace Bluewaters Dubai and Caesars Bluewaters Dubai — both of which will represent Caesars Entertainment’s first non-gaming resorts . Situated along the beachfront on a …
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Developer Nakheel plans new malls outside of Dubai
MADRID (Reuters) – Property developer Nakheel expects to sign more deals to build shopping malls outside its base of Dubai, its chairman told Reuters, as its home market matures and development picks up in other parts of the United Arab Emirates.
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FIA ‘finds’ no politician with property in UAE
The Federal Investigation Agency (FIA), on the directives of the Supreme Court (SC), recently compiled a list of Pakistanis who own property in the United Arab Emirates (UAE) and the list does not carry the name of a single politician, despite the widely …
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How to Buy or Rent Commercial Property in Dubai: 7 Tips to Help You
The growth of Dubai’s commercial property sector is underpinned by an increasing demand for the ‘right space’ in the ‘right location’ at the ‘right price’. Led by economic growth, driven by the preparations for Expo 2020 Dubai, and the positive performance …
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Abu Dhabi property slump continues in Q1 2018
CBRE indicated residential sales prices were down around 1 per cent during the quarter and 5 per cent year-on-year The most major announcement during the quarter was a joint venture between Aldar and Dubai’s Emaar Properties for the Saadiyat Grove …
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There’s a AED10-billion community rising between Abu Dhabi and Dubai
Property development giant Aldar Properties PJSC revealed yesterday … Alghadeer will be a self-contained community of 14,408 homes straddling the border between Abu Dhabi and Dubai. Located in Aldar’s Seih Al Sdeirah landbank close to the Dubai Expo …
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Mega-developer gives his picks for biggest growth opportunities in Abu Dhabi
Tourism and real estate are the biggest growth areas in Abu Dhabi, the chairman of one of the emirate’s largest property developers said Monday. United Arab Emirates (UAE) real estate developer Aldar Properties was founded in 2005 and is now among the …
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Abu Dhabi property rentals decline in Q1
Rentals across Abu Dhabi experienced an overall decline in the first quarter (Q1) of 2018, compared to the same period last year, according to a report from dubizzle Property, a leading property platform in the UAE. In its annual Abu Dhabi Property report …
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Properties In Abu Dhabi Are More Affordable In 2018 For Both For Buyers And Tenants
dubizzle Property, the UAE’s biggest and most visited Property platform, reveals its annual Abu Dhabi Property report, comparing price trends from Q1 2017 to Q1 2018. The report reveals a softening in property prices across the capital, providing tenants …
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Dubai property sales prices will fall further, says property consultant
International property company Chestertons MENA claims the addition of new stock, tough macroeconomic conditions and moderate population growth will place further pressure on property sales prices and rental rates in Dubai. The firm revealed that overall …
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Dubai’s Q1 real estate transactions hit $16bn
The Dubai Land Department (DLD) has revealed that real estate transactions in the emirate for the first three months of 2018 surged to more than Dh58 billion ($15.7 billion) through 13,759 sales. According to the report issued by DLD’s Department of Real …
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