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Category: PROPERTY

Posted on 20/02/2017

Dubai Properties’ La Quinta at Villanova achieves record sales amid increasing demand for larger, family-style homes

Dubai Properties (DP), a leading real estate master developer and asset manager in the Emirate, has announced that the launch of La Quinta, the second phase of the elegant and vibrant Villanova residential master community in DUBAILAND, received a …
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Posted on 20/02/2017

Dubai Properties launches new project amid demand

Dubai Properties (DP) has announced the launch of La Quinta, the second phase of its Villanova residential master community in Dubailand, amid increasing demand for larger, family-style homes. Receiving a positive response from investors after launching …
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Posted on 19/02/2017

DAMAC Properties هnaugurates Trump International Golf Club Dubai at DAMAC Hills

In celebration of the opening of the Trump International Golf Club Dubai at DAMAC Hills, DAMAC Properties led a golf course tour, with guests of honour including Eric Trump and Donald Trump Jr. Hussain Sajwani, Chairman, DAMAC Properties, said: “It is an …
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Posted on 19/02/2017

Currency fluctuation hits Dubai property market

An analysis of major cities that rely on foreign inflows for real estate purchases have shown mixed trends on the fluctuation of the dollar, said a report by property experts. There is a moderately strong inverse correlation between money flows in the …
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Posted on 18/02/2017

Top Dubai property developer slams Russian model’s daredevil selfie

Cayan Group, a leading property development company in the Middle East, strongly condemned a Russian model following her death-defying snaps showing her dangling perilously, without a harness, from a ledge on the company’s skyscraper in Dubai. The image …
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Posted on 18/02/2017

Cayan Group condemns model’s daredevil stunt

Dubai: Property developer Cayan Group has condemned Russian model Viki Odintcova and her assistants’ daredevil stunt of hanging off the edge of the Cayan Tower roof without any restraints, or safety precautions. The stunt was carried out without the …
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Posted on 18/02/2017

Cayan Group slams Russian model’s daredevil act

Dubai: The property developer of the Dubai skyscraper where a Russian model did a daredevil stunt in a video strongly condemned the act on Friday. Cayan Group, the property developer of Cayan Tower, on Friday said Russian model Viki Odintcova and her …
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Posted on 18/02/2017

Incredible rotating skyscraper hotel planned for Dubai

Property developers in Dubai are planning an epic rotating skyscraper hotel capable of allowing guests to choose their own views. And they believe the stunning building could be completed as soon as 2020. See also: Marriott opens gravity-defying hotel room …
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Posted on 18/02/2017

Foreign property developers hunting for wealthy buyers from Kenya

The firms are pitching tent in the East African nation advertising the properties that include residential apartments and holding property clinics as they seek to woo buyers. Deyaar, a Dubai-based company, is the latest firm to sell its new project in …
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Posted on 18/02/2017

Dangerous Promotions May Trigger Legal Actions in Dubai

Cayan Group, a property developer, strongly condemned Russian model Viki Odintcova and her assistants’ daredevil stunt of hanging off the edge of the Cayan Tower roof without any restraints, or safety precautions. The stunt was carried out without the …
( read original story …)


Posted on 18/02/2017

Somaliland: “The Award of a Military Base to the UAE in Berbera is Illegal, Corrupt and Shall never Be” Says Somalia Auditor General (2)

This sentiments by the SFG public property watchdog were in reference to the unanimous approval accorded by parliament in Hargeisa a deal between the governments of Somaliland and UAE for an Emirati military base in Berbera. While the terms of the …
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Posted on 18/02/2017

Dubai firm targets Kenyan investors

In the last few years, multinational companies engaged in property development from the Middle East, especially the United Arab Emirates and India have heightened their search for investors from Kenya. Deyaar Development in particular has sighted Kenyan …
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Posted on 17/02/2017

Dubai real estate deals hit $11.4bn in 45 days

Dubai’s real estate market has kicked off the new year on a positive note with the value of its real estate transactions hitting Dh42 billion ($11.4 billion) in the first 45 days, said a report by Dubai Land Department (DLD). With the transactions value …
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Posted on 17/02/2017

Dubai Properties will not let market keep dozing – gulfnews.com

Dubai Properties is not waiting around for the property market to “wake up” — the developer is out to do that on its own. It was the first to come up with off-plan villa launches this year, at its expanding community in Dubailand. And more are on the …
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Posted on 16/02/2017

Mario Volpi: Property resale registration fees illegal in Abu Dhabi

I have a question on the topic of developers’ so-called registration fees on resales. I am buying a villa in Abu Dhabi and the developer is charging a whopping 5 per cent fee for the resale registration. I was under the impression that this was made …
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Posted on 15/02/2017

Dubai Properties sweetens villa deals with…

Dubai Properties is leading the charge for recovery in the villa sales market in Dubai. The developer was the first to announce villa sales this year in La Quinta, phase two of its master community Villanova off the Dubai-Al Ain highway. In a bid to …
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Posted on 15/02/2017

DAMAC Properties Dubai reports net profit of AED 3.69 billion in 2016

DAMAC Properties Dubai Co., a leading property developer in the Middle East, today announced the financial results for the full year 2016. During 2016, DAMAC recorded revenues of AED 7.16 billion, with gross profit margins at 56%. Net profit for the …
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