Huzsvar, who swapped Accor’s SO/Vienna for Marriott’s W Dubai – The Palm in August. Yes, we forgot to mention it was also the height of summer when he moved to the UAE. However, the general manager …
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Dubai’s property market starts 2021 with bumper Dh750m+ deal for Downtown tower
A European fund has bought the Sky View tower in Downtown Dubai for Dh750 million plus from Emaar, further confirming increased buyer activity in UAE’s commercial real estate assets. The Sky View also …
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Why Should Hotel Rooms Be Your Next Property Investment?
When you think about investing in property, the typical property types that would come to mind are houses and apartments or flats. Residential property for sale in Dubai, for example, certainly sounds …
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Aldar to sell The Westin Abu Dhabi Golf Resort & Spa
Aldar Properties has agreed to sell the the Westin Abu Dhabi Golf Resort & Spa and Abu Dhabi Golf Course for US$49 (AED180m). The complex, in the Sas Al Nakhl area of the capital, is being sold to a …
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PROJECTS: Dubai’s DAMAC announces completion of foundation works for Zada Tower
Foundation works at DAMAC Properties’ Zada Tower Project in Business Bay. More than 9,000 cubic metres of concrete and 1,600 tonnes of steel reinforcement were used complete the foundation. Dubai’s …
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Aldar Properties sells Abu Dhabi Golf Complex for Dhs180m
Aldar Properties has agreed to sell the Abu Dhabi Golf Club Complex, including the Westin Hotel and the Abu Dhabi Golf Course, to an undisclosed investor for Dhs180m. The complex, which also includes …
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Dubai’s Al Jaddaf area gets an Occidental property
Dubai’s Al Jaddaf area is one of the most up-and-coming spots in the city, with a number of new hotels opening recently. In November Rotana opened its 35th property there with Marriott introducing its …
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Aldar Properties sells Abu Dhabi Golf Complex including the Westin Hotel for $49mln
Aldar Properties has agreed to sell the Abu Dhabi Golf Club Complex, including the Westin Hotel and the Abu Dhabi Golf Course, to a financial investor for AED 180 million. The sale, which has a …
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Aldar Properties sells Abu Dhabi Golf Complex including the Westin Hotel for AED 180 million
Divestment is in line with Aldar’s asset management strategy to actively pursue profitable investment exits and redeploy capital into growth opportunities …
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Aldar Properties to sell Abu Dhabi Golf Complex for Dh180m
Abu Dhabi’s Aldar Properties made its second major divestment in recent days, agreeing to sell the Abu Dhabi Golf Club Complex, which includes a Westin Hotel and Abu Dhabi Golf Course, to an investor …
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Dubai: How to become an AirBnB host? Earn extra income on your home in 2021
Dubai: Looking to kick-start 2021 by injecting some cash into your earnings? A simple, and relatively easy way to do so is by becoming an AirBnB host. In Dubai, home owners and tenants can put up …
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UAE real estate: Off-plan property attractive in prime locations
While the pandemic has forced developers in the UAE to rethink project launches, slowing down the off-plan market considerably, real estate experts say there is a sustained demand for off-plan …
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The most-anticipated 2021 hotel openings around the world
From Las Vegas to Vietnam and beyond, new hotels are still popping up around the world – each with a different feel and vibe. Here are USA TODAY’s top picks for some of the buzziest hotels expected to …
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Mideast Stocks: Saudi shares set to finish 2020 higher, other Gulf markets subdued
Saudi Arabia’s main index which was set to extend its yearly gain to a consecutive fifth year, was down 0.3% …
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Metro Extension To Benefit Thousands of Dubai Property Investors and Residents, Says Nakheel
Tens of thousands of investors and residents in some of Nakheel’s most popular communities will benefit from the opening of four new Dubai Metro stations on 1 January 2021, says master developer …
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UAE-based Provis achieves $1.76mln energy, cost savings in 2020
Abu Dhabi: Provis Real Estate Management, a wholly-owned subsidiary of Aldar Properties, has achieved energy and cost savings amounting to over AED 6.5 million across 12 managed communities in 2020.
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UAE stocks slip after first cases of new virus variant detected
Stock markets in the United Arab Emirates (UAE) fell in early trade on Wednesday after the country reported confirmed cases of the new variant of the coronavirus.
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