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Category: PROPERTY

Posted on 27/01/2024

A $1 Billion Mercedes-Benz-Branded Luxury Tower Is Being Built in Dubai

Apartment prices will begin at $2.7 million as part of this latest in a growing trend of companies lending their names to high rises …

Posted on 26/01/2024

Sama Yas: A benchmark in luxury living unveiled by Aldar properties in Yas Park

Culinary mastermind Chef Izu will curate an exclusive dining experience within the community and inspire the kitchen designs in each home …

Posted on 26/01/2024

Dubai real estate sector sees $3.9bn of transactions in HUGE week, including $48m Nad Al Sheba property

Huge week for Dubai real estate sector sees $3.9bn of transactions, including $1.6bn in apartment and villa sales …

Posted on 26/01/2024

Abu Dhabi hotel operator Rotana to launch 8 new properties in Saudi Arabia

The key count is set to double, surpassing 4,400 in Saudi Arabia Abu Dhabi: Abu Dhabi hotel operator Rotana announced plans to launch eight new properties in Saudi Arabia over the next four years on …

Posted on 26/01/2024

Look: Abu Dhabi’s new resort comes with overwater villas, pools overlooking sea, ‘surprise’ feature

How about a staycation where you can relax in a pool overlooking the sea or in an overwater villa? An exotic addition to Abu Dhabi’s vibrant hospitality se..

Posted on 26/01/2024

Andrew Neil says he’ll quit as Spectator chair if Abu Dhabi takeover goes ahead

The bid is backed by RedBird IMI, an investment fund majority-owned by senior rulers in the United Arab Emirates (UAE) …

Posted on 26/01/2024

“We Got Funded!” UAE-Based Silkhaus Raises Undisclosed Multi-Million-Dollar Pre-Series A Round As It Doubles Down On Expansion Plans

But Silkhaus’ tech-driven model was built with a goal of not only aiding asset owners in the UAE, but to also ease the many aspects involved in searching for a short-term rental property for oneself, …

Posted on 25/01/2024

Dubai real estate: OMNIYAT announces new luxury residences

Named VELA VIENTO, the development will be the second property in the area from OMNIYAT after VELA, which was launched earlier this year in Dubai …

Posted on 25/01/2024

Nabni to develop new 12-storey luxury property in Dubai

The luxurious 12-storey apartment building marks the sixth addition under the group’s Avenue Residence portfolio …

Posted on 25/01/2024

Dubai residential market records 41.4% sales transaction growth, 29.3% rise in volume in 2023, new market report

“The average sales price of properties has increased compared to last year, reflecting strong market confidence. “Furthermore, Dubai’s real estate offers exceptional value on a global scale, with $1 …

Posted on 25/01/2024

Dubai real estate: Pininfarina, MERED announces new luxury tallest residential tower

Dubai’s luxury residential property market has seen continued success this year with over $420 million in individual property sales in Q3 alone. The latest figures show the city’s property values have …

Posted on 25/01/2024

OMNIYAT expands its ultra-luxury portfolio with VELA VIENTO, Dorchester Collection, Dubai

Dubai. Once complete, OMNIYAT’s new property will contribute significantly to the elevation of the Marasi Bay area into a unique ultra-luxury enclave along with its sister property, VELA, Dorchester …

Posted on 25/01/2024

Mercedes-Benz and Dubai-based Binghatti Properties unveil branded real-estate venture

The project breaks ground in Dubai this year when Mercedes-Benz joins forces with local real-estate developer Binghatti Properties to commence construction of Mercedes-Benz Places | Binghatti. This …

Posted on 25/01/2024

Dubai’s robust housing supply to benefit buyers, tenants

According to the Property Monitor Dynamic Price Index (DPI), Dubai property prices currently stand at Dh1,281 per square foot, a little shy of 4.0 per cent above the previous all-time high. Average …

Posted on 25/01/2024

Golden visas: UAE ‘cancels minimum down payment’ for property investors

Dubai has cancelled the Dh1 million ($272,294) minimum down payment required for people to qualify for a golden visa through real estate investment, as it seeks to encourage more residents and …

Posted on 24/01/2024

Abu Dhabi reduced service charges by 6% on jointly owned properties last year

Abu Dhabi reduced service and community charges by 6 per cent last year for owners and investors in jointly owned properties, according to Abu Dhabi Real Estate Centre (Adrec).A total fee reduction of …

Posted on 24/01/2024

Golden visas: Dubai ‘cancels minimum downpayment’ for property investors

Dubai has cancelled the Dh1 million ($272,294) minimum down payment required for people to qualify for a golden visa through real estate investment, as it seeks to encourage more residents and …

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