Investments continue to pour into the Dubai real estate sector, according to updates from the Dubai Land Department. It comes as the development enters its third decade.
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Kleindienst launches Dubai brokerage for holiday home properties
The Kleindienst Group, a leading property developer in the UAE, said it has teamed up with Re/Max, one of the world’s leading real estate brokerage firms, to create Re/Max Island, a Dubai-based …
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Mall operator says UAE Q4 retail revenue to be greater than pre-pandemic
Middle East shopping mall operator Majid Al Futtaim said on Wednesday retail revenues in the United Arab Emirates in the latter part of 2021 are likely to exceed those seen before the pandemic, as …
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Hill lands Abu Dhabi infrastructure upgrade work
Hill International said it has been awarded a contract by Aldar Projects, the project delivery arm of UAE real estate developer Aldar Properties, to provide project management services for …
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Sajwani’s Maple Invest postpones acquisition of Damac Properties
Maple Invest Co Limited, an investment vehicle owned by Hussain Sajwani, has postponed the offer to acquire shares in the share capital of Dubai developer Damac Properties. “We would like to inform …
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10 incredible Abu Dhabi landmarks: Historic forts, museums and memorials
Abu Dhabi boasts many historic landmarks showcasing its history and development Abu Dhabi: As the UAE’s largest emirate, Abu Dhabi is replete with landmarks that echo both the nation’s rich cultural …
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Hill International Awarded Contract by Leading UAE Real Estate Developer Aldar Properties to Oversee Infrastructure Upgrades in Abu Dhabi
PHILADELPHIA and ABU DHABI, United Arab Emirates, June 21, 2021 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it has been awarded a …
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Dubai Land Department brings in health safety rating for freehold properties
Dubai: The Department has adopted the ‘WELL’ health safety rating at freehold properties in the emirate. The rating draws on strategies from the WELL Building Standard (WELL) to address health and …
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Erth Abu Dhabi invests in health with Etizan Fitness facility
Etizan is a 58,000 sq m centre dedicated to sport and fitness. Erth Abu Dhabi invests in health with Etizan Fitness facility. Abu Dhabi’s Armed Forces Officers Club and Hotel, Erth Abu Dhabi, erth …
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Dubai’s real estate transactions value for May hits 4-year high
Dubai has recorded a total of 4,429 real estate transactions for May with a value of over AED11.1 billion ($3.02 billion), the highest since March 2017, according to Mo’asher, Dubai’s official sales …
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Why Indian HNIs eye homes in Dubai, London, New York
The covid-19 pandemic may have put international travel plans on the back-burner, but it has not stopped Indian high net-worth individuals (HNIs) from looking at other countries to set up base …
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Founder of Dubai’s DAMAC offers to take property firm private
United Arab Emirates property tycoon Hussain Sajwani made an offer on Wednesday to buy out minority shareholders in DAMAC Properties (DAMAC.DU), which he has run for nearly two decades.
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Reportage makes special offer with guaranteed rental return
Reportage Properties, the leading real estate developer in the UAE, make a special offer giving customers a chance to obtain guaranteed rental return. The offer, which is valid until the end of June …
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Accor to open first Hyde Hotels property in Dubai
Hyde Hotels, Resorts & Residences, part of the Accor group, has announced the first Hyde hotel outside of the US, with a new property set to open in Dubai’s Business Bay in Q4 2021. The project is …
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Dubai realty sector zooms as investments top Dhs11b
The real estate sector in Dubai showed a continuous flow of real estate investments in May 2021, recording 5,359 investments worth over Dhs11 billion. In addition, 11,387 new investors entered the …
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$1.3bln of weeklong real estate transactions in Dubai
DUBAI – A total of 1,921 real estate and property transactions valued at AED5 billion were registered during the week ending 17th June 2021, according to the Dubai Land Department (DLD) weekly report.
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Dubai real estate market investments total $9.8bn so far in 2021
Dubai Land Department says property sector will witness ‘increased growth and a greater recovery’ as emirate prepares to host Expo 2020 …
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