According to the DLD weekly report, 219 plots were sold for $397mln, 1,418 apartments and villas were sold for $765mln …
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Founder of Dubai’s Damac offers $255mn all cash plan to take property firm private
United Arab Emirates property tycoon Hussain Sajwani made a $255mn offer yesterday to buy out minority shareholders in Damac Properties, which he has run for nearly two decades.
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Moody’s affirms Aldar Properties’ Baa2 rating; stable outlook
Moody’s has affirmed Aldar Properties’ Baa2 issuer ratings, with the rating outlook remaining ‘stable’, driven by strong property …
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Ultra-luxury Dubai property deals jump to $68m during Q1
Luxhabitat Sotheby’s announced the complete project sell-out of the ultra-luxury Four Seasons Private Residences within three months of its launch. Ultra-luxury property deals in Dubai are booming …
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Abu Dhabi, Saudi manage small gains
DUBAI: Major Gulf markets ended lower on Tuesday, while Abu Dhabi and Saudi Arabia eked out marginal gains, as sentiment was pressured by weak oil prices. Brent crude was down 58 cents, or 0.8%, at …
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German expat in Dubai sells signature Palm Jumeirah villa for Dh70.2 million
Dubai: A German expatriate living in Dubai has sold a refurbished signature villa for a whopping Dh70.2 million — one of the highest recorded sale up until now. Holger Albers, a shareholder of …
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FAB in deal to provide housing finance for UAE nationals
First Abu Dhabi Bank (FAB) has announced the signing of an agreement with the Mohammed bin Rashid Housing Establishment (MBRHE) to provide flexible financing options for UAE nationals seeking suitable …
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Dubai’s Emaar Properties signs property assets protection agreement with DIFC Courts
Emaar agrees to promote the court’s Wills Service to provide additional protection on real estate investments in the UAE.
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Dubai Property Market Re-Emerging from Pandemic Outbreak
According to GlobalData, Dubai’s construction sector is showing early signs of a long-awaited recovery in 2021. Government-controlled real estate developers are planning new projects in response to …
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Resurgent property market: Facing a rent hike? UAE tenants can have the upper hand in rental contract negotiations
With the UAE property showing signs of recovery, and rents seen rising in some parts as a result, it would be useful for a largely tenant-led real estate market to understand how one could potentially …
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The Perfect Staycation Destination at the Western Region of Abu Dhabi
Discover an affordable yet relaxing destination offered by the first ever hotel in the Western Region of Abu Dhabi. Visit Ruwais and head over to a long-standing 3-Star Dhafra Beach Hotel where the na …
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Supply glut keeps Dubai on sidelines of prime property upswing
Dubai, Buenos Aires only two cities in Knight Frank’s 25 prime locations list to see prime residential value decline.
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UAE property: Senior, student housing emerging as new niche market
A range of government initiatives is expected to support future demand for these relatively untapped market segments.
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Wealthy ‘lockdown dodgers’ fuel Dubai property upsurge
Dubai’s property market is powering out of a six-year malaise as “lockdown dodgers” and wealthy international investors drive a buying frenzy that is breaking records and fuelling an economic recovery …
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Abu Dhabi property market mirrors Dubai with strong demand for villas
Its report said the Abu Dhabi residential market delivered approximately 1,700 apartments and 50 villas during the first three months of 2021 with an increase in demand for villas …
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Best hotels in Abu Dhabi
Discover the best places to stay in Abu Dhabi, from chic hotels in the heart of the city to five-star Saadiyat beach retreats.
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WATCH: All you need to know about giving Power of Attorney in the UAE
Explained: The process and cost of registering a Power of Attorney Dubai: Whether you wish to give someone the right to buy or sell a property on your behalf in the UAE, or require legal …
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