The Valustrat Price Index (VPI) for capital values of Dubai residential properties has jumped in the second quarter of 2021 compared to Q1, thanks to the rise in demand for villas and apartments. The …
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Abu Dhabi investors acquire DoubleTree by Hilton London ExCel hotel
ADNEC also owns Anantara Sir Bani Yas Island Abu Dhabi and Qasr Al Sarab Desert Resort by Anantara. Abu Dhabi investors acquire DoubleTree by Hilton London ExCel hotel. abu dhabi hotels, abu dhabi …
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For June Abu Dhabi’s Hotel Industry Reported Its Highest Occupancy Since the Start of the Pandemic
Abu Dhabi’s hotel industry reported its highest occupancy since the start of the pandemic, according to preliminary June 2021 data from STR. Occupancy: 68.5%; Average daily rate …
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Mansion Global Daily: Mental Health at Home, European Buyers Are Driving up Property Prices in Dubai, and More
Read More The co-founder of award-winning firm SPF:a talks about drawing on the city’s mid-century architecture, the scourge of oversized homes and how wellness is at the core of Modernism. Read More …
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Reportage Properties sales surge 107% in first half as demand surges
The robust sales during the first half of this year reflected the high performance and the attractiveness of the company’s projects …
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Aldar Properties launches second phase of Al Gurm
Aldar Properties has announced the launch of the second phase of its Al Gurm development, a luxury secluded waterfront community on the South-West side of Abu Dhabi’s main island. In a statement, the …
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More UAE tenants, homeowners see property price declines coming to an end
Home sentiment in the UAE continues to improve as more renters and property owners expect an end to the decline in residential prices which began in 2015 and was exacerbated by coronavirus, according …
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Sustainability Agenda Becoming Mainstream As Occupier Activity Rises In Dubai’s Office Market
Prime headline office rents in Dubai have started to stabilise, according to the latest research by global property consultants, Knight Frank. Overall, however, rents still remain at 9-year lows, …
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Dubai notes real estate transactions of $4bn in June
The month of June 2021 witnessed 6,388 transactions worth $4bn (AED14.79bn), 44.33% more than May 2021 in terms of volume and 33.2% more in terms of value, Property Finder reported. The real estate …
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Dubai real estate: Short-term lets, long-term rewards
How the rental market in Dubai is moving towards a short-term, on-demand model – and what that could mean for investors …
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Real estate deals in Dubai top $1.4bn for first week in July
A total of 1,705 real estate and property deals were recorded in Dubai during the first week of July, worth AED5.3 billion ($1.4bn), according to the latest figures from Dubai Land Department. AED628 …
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Dubai’s Emaar Properties to Merge Retail Arm by Year-End
Emaar Properties expects to complete its planned merger with retail arm, Emaar Malls, by the end of 2021, and is currently awaiting regulatory clearance from the United Arab Emirates’ Securities and …
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Dubai property deals top Dhs5 billion record mark
The real estate sector in Dubai showed a continuous flow of investments despite the COVID-19 challenges. The real estate and properties transactions reached Dhs5.3 billion in total during the week.
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Property firm owned by Abu Dhabi royals pulls $350 million sukuk
A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, was pulled …
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So, what shape will this Dubai property boom take?
In Dubai, the 2011-2014 boom was dominated by the affordable segment, in the current, it has been the luxury segment that has boomed, and similar to the 2004-08 price trajectory. In both cases, it is …
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Property firm owned by Abu Dhabi royals pulls $350 mln sukuk
A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, was pulled …
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European demand driving Dubai real estate’s upward trajectory
Property prices reached $251.6 per sqft in June, the highest recorded in two years, mainly for completed villas in traditionally sought-after communities …
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