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Tag: property

Posted on 15/02/2024

Bulgari mansion on seahorse-shaped Dubai island for sale with $135m price tag

A Dubai mansion located at the Bulgari Resort and Residences on a seahorse-shaped island, is on the market for AED495m ($135m). Listed through luxury real estate specialist B1 Properties, the …

Posted on 15/02/2024

Dubai’s luxury home price growth set to ease in 2024

Price growth in Dubai will be the highest this year after Sydney, which will register a growth of 8% to 9.9% in 2024. Price increases in the emirate, as well as Sydney, will be driven by the influx of …

Posted on 15/02/2024

Abu Dhabi bans price hikes for car spare parts repairs and sales after rain-affected damages

The Abu Dhabi Department of Economic Development (ADDED … praising their efforts and co-operation to ensure the safety of members of society and property. “Due to the damage caused to some cars and …

Posted on 14/02/2024

How Indian Community Celebrated Inauguration Of Abu Dhabi’s First Hindu Temple

Members of the Indian community in the UAE dressed in traditional attires on Wednesday expressed joy in attending the inauguration of the first Hindu stone temple in Abu Dhabi, which has addressed …

Posted on 14/02/2024

Dubai: 3-day deadline to remove ‘fake’ property listings on online platforms, real estate agents told

Potential tenants lured by advertisements listing houses that were either unavailable or already taken have to be removed …

Posted on 14/02/2024

Dubai real estate agents ordered to remove fake property listings within 3 days or face fines

Dubai real estate agents have been given 3 days to remove unavailable properties from all online listings, according to the Land Department. Following investigations by the Real Estate Regulation …

Posted on 14/02/2024

Dubai: Real Estate Agents Given 3 Days To Remove ‘Fake’ Property Listings Online

Real estate agents in Dubai have been asked to remove all the properties unavailable for sale or rent from their digital platforms. The Dubai Land D …

Posted on 14/02/2024

AED 425mln luxury development in Dubai sold out within a week of launch

Dubai, UAE – Following an overwhelming response from discerning buyers, property developer AMIS is thrilled to announce that The Woodland Residences, a groundbreaking luxury real estate project valued …

Posted on 13/02/2024

UAE: RAK Properties hit Dh201.82 million net profit in 2023, shatter previous records

RAK Properties reported on Tuesday 2023 a remarkable jump in net profit for 2023, making it a year of ‘take-off’ for the listed real estate …

Posted on 13/02/2024

Dubai real estate: Rove, IRTH launch new residential project in Business Bay

Dubai hospitality brand Rove and real estate platform IRTH have partnered to launch new residential projects in the city, the first of which will be located in Marasi Drive, Business Bay. Rove Home …

Posted on 11/02/2024

Inside Dubai’s soaring prime property market

A glittering 65-floor Mercedes-Benz tower is the latest landmark in an emirate where prices — and the buildings — keep on rising …

Posted on 10/02/2024

Dubai Fake Property Ad Scam: Residents Call Out Agents Who Bait And Switch, Ask For Advance Payment

As Dubai’s regulatory authority imposed a fine of Dh50,000 each on 30 real estate companies recently, who failed to comply with the terms and conditions specified in real estate advertisements, …

Posted on 09/02/2024

Property tycoon Nick Candy: Crime-ridden London is losing out to Dubai

Luxury property developer Nick Candy, a born and bred Londoner, says the UK capital is missing out on opportunities because crime has sent its reputation tumbling. Safe locations such as the UAE are …

Posted on 09/02/2024

UAE real estate: Now is the right time to buy property in Ras Al Khaimah, experts say

Ras Al Khaimah’s positive economic trajectory bodes well for property investors seeking strong returns, experts say …

Posted on 09/02/2024

UAE’s Aldar sees Q4 2023 profit rise 39% to $381mln on record property sales

Abu Dhabi-listed Aldar Properties said net profit grew 39% year-on-year (YoY) to 1.4 billion UAE dirhams ($381.16 million) in the fourth quarter of 2023 after quarterly property sales reached a new …

Posted on 08/02/2024

Dubai apartment rents up 15% last year, sales prices climbed 10% as over 27,400 units enter market

Average apartment and villa rents increased by 2 per cent and 3 per cent over the final quarter of 2023, and by 15 per cent and 14 per cent year-on-year. In the commercial sector, however, the strong …

Posted on 08/02/2024

Emaar’s 2023 profit jumps 70% on higher property sales

Emaar Properties, Dubai’s largest listed developer, reported a 70 per cent annual jump in its 2023 financial year net profit, driven by increased sales as the UAE property market continues to grow …

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