Tabreed Energy Services will deliver energy efficiency services for selected buildings owned or managed by ADCP …
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Dubai Saw Drop in Sales Prices in 2020
Average sale prices in the city, which have been sinking for half a decade, dropped 8% year over year. But despite last year’s dip, Dubai sale prices are still 20% above where they stood in 2010-11, …
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IHC’s unit acquires 60% of Afkar Financial and Property Investment
Abu Dhabi – IHC Industrial Holding, a wholly-owned subsidiary of International Holdings Company (IHC), has completed the acquisition of 60% of the share capital of Afkar Financial and Property …
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UAE property market to decline further as oversupply hits close to 1mln units
Property buying in the UAE may have picked up in recent months, but the market is set to experience further declines this year due to an oversupply of residential units, which reached nearly 1 million …
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Aldar posts loss as slow sales bite market
Abu Dhabi?s biggest property developer, Aldar, posted a $214.9 million loss for the first half of this year as slow property sales continued to blight the market.
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Dubai developer Seven Tides recorded sales worth $152mln in 2020
Dubai-based property developer Seven Tides International sold properties worth $152 million in 2020 and expects to see even more purchases this year. Russian, British, French and Indian investors were …
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Accor Group announces opening of new property in Deira, Dubai
The Aparthotel Adagio Dubai Deira has opened for business according to Accor Group. Billed as a living concept, the property aims to offer guests an ‘unforgettable home away from home’ experience with …
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UAE portal publishes property transaction data in ‘massive step’ towards transparency
Buyers and sellers in the UAE are being given access to detailed property transaction and trend data for the first time, in what’s being described as a “massive step forward” for the region’s real …
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The full guide to renting a home in Dubai in 2021
With Dubai being an international hub, renting is an important aspect which must be given careful thought and consideration to […] …
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Dubai real estate deals reach near 7-year highs at the end of 2020
Transactions in the secondary market of Dubai’s property sector hit near seven-year highs in the last two months of 2020, according to new research. Data Finder, the real estate insights and data …
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A new 48-storey hotel has opened with sweeping views of Dubai’s Palm Jumeirah
The property includes 264-rooms and suites, and is easily accessible to major business and transport hubs within the emirate.
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UAE stocks gain Dh5.4 billion in market cap
Driven by banking and realty blue chips, the UAE stock markets continued their upward streak Sunday, with Abu Dhabi’s main index touching 5,176 points, up 0.24 per cent over the Thursday session, and …
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Dubai property sales top $5.99bln in Q4 2020
A record 2,485 secondary and ready property transactions worth 6.12 billion UAE dirhams ($1.67 billion) took place in December, 2020, taking the total value of the fourth quarter sales to over 22 …
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$1.17 billion of real estate transactions in Dubai in a week
Dubai According to the Department of Land and Property in Dubai, 109 plots were sold for AED438.22 million ($119,301,976), 1,035 apartme …
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Dubai’s latest super-tall rises dramatically
Uptown Tower will join an elite group of the world’s highest mixed-use structures Followers of super-tall architecture are no doubt watching the rapid growth of Uptown Tower, destined to be the ‘jewel …
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How Palm Jumeirah is starting to emerge from Dubai’s property price downturn
Both apartment and villa prices on the world-famous Palm have increased in the six months to November despite overall declines in Dubai’s market …
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Transtelecom connects residential complex Abu-Dhabio Residences
Kazakhstan operator Transtelecom has started connecting to its network the residential complex Abu-Dhabi Residences based in the city of Nur-Sultan. Work is carried out under a contract with the …
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