Reportage Properties, a leading real estate developer based in Abu Dhabi, has announced that work was progressing as per schedule on all its 8 UAE projects – six in Abu Dhabi, located in areas such as …
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COVID-19: How Dubai malls control crowds at full capacity to maintain safe distance
As Dubai malls resume operating at 100 per cent capacity, a leading mall operator has said entire teams at its malls have been trained to help enforce social distancing requirements, among which is …
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Time to invest? Payment plans, discounts flood Dubai property market
Dubai’s real estate market is witnessing fewer but very attractive bids that offer homebuyers and property investors great discounts …
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Abu Dhabi’s real estate deals, mortgage values up 22pc in Q1
Abu Dhabi’s real estate market witnessed marginal declines in both values and rents during the first quarter. This was buoyed however by a 22 per cent increase in transactions and mortgage values …
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Abu Dhabi’s Jubail Island development awards $54mln infrastructure works contract
A 400-hectare, very low-density development, Jubail Island is a designated freehold investment zone in Abu Dhabi that will comprise a mix of serviced plots, high-end and mid-range properties as well …
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Jubail Island Investment Company awards Dh200m contract for its Abu Dhabi project
Abu Dhabi-based Jubail Island Investment Company awarded a Dh200 million continuing infrastructure works contract for Jubail Island project to Gulf Contractors Company (GCC). The works are part of …
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Jubail Island Investment Company awards AED200+ million continuing infrastructure works contract to Gulf Contractors Company
Jubail Island is a designated freehold investment zone in Abu Dhabi that will comprise a mix of serviced plots, high-end and mid-range properties as well as retail, office park and F&B outlets. The …
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Dubai property prices rise slightly in April
Dubai property prices rose slightly by 0.49 percent month-on-month in April, with off-plan registrations largely exceeding resale, according to a recent report. In its monthly market report, real …
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Dh3.6 billion tech merger in Dubai: OLX and EMPG join forces
Dubai: Dubai-based Emerging Markets Property Group (EMPG) and OLX, which owns listings portals Bayut and dubizzle, have merged their Middle East and North Africa and South Asia operations to form a …
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Dubai off-plan property sales rise as big discounts entice investors
Dubai property prices rose slightly by 0.49 percent month-on-month in April, with off-plan registrations largely exceeding resale, according to a recent report. In its monthly market report, real …
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ADX-listed companies gain Dh3.3 billion in Sunday’s trades
Abu Dhabi Securities Exchange – listed firms gained Dh3.3 billion in the first session of the week, capitalising on selective buys of blue chips which drove ADX’s general index to 4141 points, up 0.54 …
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Surprise uptick in Dubai property prices as off-plan sales eclipse resale in April
Dubai property prices recorded a slight unexpected uptick in April as off-plan sales registrations eclipsed resale. According to Property Monitor data, prices in April stood at Dh …
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UAE property market use VR tech to sell units
A UAE-based property developer Azizi Developments has started offering walk-in virtual tours for its property units. The new and interactive virtual property walk-through platform, in line with UAE’s …
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BRI: COVID-19: Chinese property investors expand their horizons
While the coronavirus pandemic is having detrimental effects on the real estate sector across the world, Chinese buyers continue to search the world for good deals although overall deal closings fell …
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Covid-19: Oversupply of property in UAE and long-term consumer confidence
In a post Covid-19 world, the property sector needs to adapt and re-align to meet customer demands and mitigate the long-term effects of the pandemic …
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Abu Dhabi’s new advanced tech council will shift R&D ‘into high gear’
The Advanced Technology Research Council builds on recent progress to spur intellectual property in the capital …
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Abu Dhabi’s NMC Health Seeks Ch. 15 To Shield US Assets
Already facing international probes of some $4.5 billion in undisclosed debt, “aggressive” global creditor litigation and an insolvency action in the U.K., Abu Dhabi-based private health care provider …
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