Average residential rents and property prices in Abu Dhabi fell in 2016 and further declines are likely in 2017 due to new supply coming onto the market, the latest analysis report suggests. Apartment rents fell by 7% on average year on year and villas …
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Rak Properties signs deal to launch InterContinental hotel
Ras Al Khaimah: Rak Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has signed a Dh11.5 million contract with Al Nuaimi Group, to embark on the implementation phase of its upcoming InterContinental Mina Al Arab …
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Abu Dhabi sees big demand for affordable lodging
The UAE capital’s largest and most influential property investment show, Cityscape Abu Dhabi will run from April 18 to 20 at the Abu Dhabi National Exhibition Centre. It has returned with new features and highlights across 18,000 sq m of exhibition space …
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Abu Dhabi tenants will move for better value in 2017, says latest Asteco report
The average annual rent of a high-end two-bedroom property on Abu Dhabi Island falling 10% to AED141,000 in 2016; and a two-bedroom apartment in Khalidya/Bateen dropping by as much as 13%, on average, to AED146,000. Mid and lower end apartments experienced …
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RAK Properties reports 9.4% profit growth in 2016
RAK Properties, Ras Al Khaimah’s largest property developer listed on the Abu Dhabi Stock Exchange, has reported 9.38% net profit growth and increased profit margins for 2016. The company, which has been leading the residential and commercial development …
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Dubai Property Show Happening in Shanghai, China this Year
Dubai Property Show took place in Mumbai last December and it was a huge success. Because of the good response that it gathered in other global places like London and Hong Kong, the sixth time, famous Dubai real estate exhibition is happening in Shanghai.
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Dubai Properties Group showcases AED1 Billion Marasi Business Bay at the Dubai International Boat Show
Dubai Properties Group (DPG), one of the largest fully integrated and community development businesses in Dubai, is pleased to announce its participation to commemorate the 25 th anniversary of the annual Dubai International Boat Show (DIBS) at Dubai …
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Dubai Real Estate Institute Advances the Region's Real Estate Markets
Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has made essential contributions towards spreading knowledge and culture all across the real estate market. DREI has trained and developed more than 50 thousand …
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Abu Dhabi Emirates Palace hotel photo shoot turns up the opulence
The property certainly isn’t understated but Horth wasn’t deterred: “I love grandeur,” he says. MORE: The most romantic places in Abu Dhabi ‘Priceless’ photoshoot “When my wife and I got married, we went to Antarctica. The invitation had us on top of an …
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Abu Dhabi Emirates Palace hotel photoshoot turns up the opulence
The property certainly isn’t understated but Horth wasn’t deterred: “I love grandeur,” he says. MORE: The most romantic places in Abu Dhabi ‘Priceless’ photoshoot “When my wife and I got married, we went to Antarctica. The invitation had us on top of an …
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Aldar Properties : mid-market focus signals coming surge in Abu Dhabi property
The Abu Dhabi property market is poised to experience a Dubai-like growth surge over the next three years as Aldar Properties starts to capitalise on pent-up demand for mid-income housing, a report claims. According to Reidin/Global Capital Partners, Aldar …
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GCC countries keeping the faith in Dubai real estate
Dubai has been something of a real estate magnet for some time now although the market itself has been volatile over the years. A report today confirms that GCC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE) are still keeping faith with …
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Dubai issues new regulations for marketing property abroad
Real estate developers and brokers in Dubai marketing local properties outside the emirate now face new regulations. The Dubai Land Department (DLD) recently issued circular No. 13, which outlines new requirements for all real estate announcements, across …
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Eshraq Properties : stock acquires 50% of Abu Dhabi’s liquidity
Abu Dhabi – Mubasher: Eshraq Properties’ stock accounted for 50% of Abu Dhabi Securities Exchange’s (ADX) liquidity by 1:28pm UAE time. The stock generated AED 86.13 million a few minutes before the closure, while the market’s turnover amounted to AED 172 …
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Aldar Properties : Aloha Abu Dhabi Festival returns to the UAE capital
Aloha Abu Dhabi, the city’s most celebrated beach festival, is back bigger and better this year, and will take place from March 28 to April 1 at Al Muneera Beach Plaza – Abu Dhabi’s first waterfront retail development at Al Raha Beach. Organised by Aldar …
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Dubai Property Show heading to Mainland China
After the success of the Dubai Property Show in Mumbai last December and the good response that it garnered in other global destinations, including London and Hong Kong, the sixth edition of the popular Dubai real estate exhibition is now headed to Shanghai.
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Dubai property investment hits 42bn in 45 days
Dubai property investment has reached a total of AED42 billion in just 45 days at the start of 2017. The value of transactions registered so far this year is already the equivalent of almost half of the whole of 2016’s AED91 billion total, says the Dubai …
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