The UAE-based real estate portal said in a report that the latest … The report also said the residential property sector in the Northern Emirates of Sharjah, Ajman and Ras Al Khaimah has proved more robust. For sales, apartment prices rose on average …
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UAE- Buying a home? Find out its realistic market value
publicly-available sale registration information provides a reference price for different property types. In the UAE, transaction data has historically been limited to sale prices by area published by the Dubai Land Department. This information is …
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Shaikhani to deliver Dubai commercial tower in Q4
Dubai-based property developer Shaikhani Group has announced plans to deliver its Dh80 million ($22 million) commercial tower, Cambridge Business Centre, in the fourth quarter of 2017. The 2B+G+9+Health Club Cambridge Business Centre will feature 116 …
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Damac Properties Dubai PSC : to pick Dubailand hotel operator in Q4 2017
Damac Properties ‘ will pick an operator for its upcoming four-star hotel in Dubailand only in the fourth quarter of 2017, a company official told Construction Week. The hotel will be located in one of the four towers that make up Damac Maison de Ville …
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Ellington Properties’ Belgravia III blurs the line between residential and hospitality design
Dubai-born Ellington Properties has launched Belgravia III in Dubai’s Jumeirah Village Circle (JVC) neighbourhood, the firm’s third residential building under its flagship brand. Consisting of two L-shaped buildings that face one another, the two …
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Riyadh’s real estate market continues to soften
Riyadh’s real estate market continued to soften during the second quarter … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Dubai’s Damac mulls property investment in Malta
Dubai-based developer Damac is “keeping an eye” on Malta as it looks to expand its international investment portfolio. Damac chairman Hussain Sajwani said he sees Malta as a favourable investment destination, following a tour of the island-nation and a …
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Will Dubai South shape up to be the best place to live in?
Historically, the areas developed around key public transport nodes are proven to outperform other areas not inter-connected, but ultimately the real estate market is determined by additional factors, such as supply, demand and availability. And Dubai …
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iSON Technologies implements Oracle Property Manager Solution
iSON Technologies implements Oracle Property Manager Solution through its recently acquired GTS Technologies, at Dubai World Trade Center (DWTC) Dubai, UAE. The DWTC Oracle Property Manager Implementation project went live on 14th Sep 2016 despite the …
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Armani Hotel Dubai awarded first Green Globe certification
and the whole effort is supported by a responsible programme from Emaar Properties.” As part of its focus on enhancing energy and water efficiency, all incandescent lights in Armani Hotel Dubai have been replaced with power saving LEDs and motion …
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Ammar Hilal Appointed as General Manager, Fairmont Dubai
Hilal joins Fairmont Dubai from his most recent role as General Manager at Sofitel Dubai Downtown, our sister property. Under his leadership, the Sofitel Dubai Downtown received a number of prestigious travel accolades and achieved remarkable results in …
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Lacklustre Rental Market Weakens Yields for UAE Property Investors
In six months to March 2017, rental yields fell in 15 of Dubai’s 23 apartment neighbourhoods and in 11 of the city’s 16 villa districts Abu Dhabi yields also broadly down, while Northern Emirates hold steady Yet yields remain excellent versus …
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Amlak Finance launches fully-owned property development in Mirdiff
“It will further enhance the value of our real estate investment and fulfil our commitments to our financiers and shareholders.” Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the …
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UAE property allegations rubbished
NOT TRUE: President Jacob Zuma denies he owns property abroad. PICTURE: Reuters He does not own property in a foreign country neither has he sought residency in another land for himself or a member of his family, President Jacob Zuma has told Parliament.
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Abu Dhabi’s residential market ‘under pressure’
Issues of oversupply and ongoing economic uncertainty continue to put pressure on Abu Dhabi’s residential real estate market, according to leading international property company Chestertons Middle East and North Africa (Mena). The apartments rents …
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AccorHotels to rebrand landmark Dubai properties
AccorHotels today signed an agreement with Al Ghurair, one of the Middle East’s leading family businesses, for the rebrand of a landmark property consisting of 428 rooms and 192 apartments located at Al Ghurair Centre Complex. Both properties will be …
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Dubai faces undersupply in some property sectors
DUBAI — A UAE real estate expert says “phobic” perceptions of an over-supplied Dubai residential property market persist when there is currently an under-supply of premier homes that will be ready for occupancy in some areas next year. Firas Al …
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