DUBAI/ABU DHABI (Reuters) – United Arab Emirates (UAE) developers Emaar Properties and Aldar Properties signed a joint venture agreement on Tuesday to develop local and international projects worth as much as 30 billion dirhams ($8.2 billion). The state …
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Dubai’s Emaar enters $8.2bn partnership with Abu Dhabi’s Aldar
Dubai’s Emaar Properties has entered into a partnership with Abu Dhabi’s Aldar to develop UAE and global real estate projects worth Dhs30bn ($8.18bn). The deal was announced on Twitter by state media agency WAM before being confirmed by UAE Vice …
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VAT to have ‘limited’ impact on Dubai’s property sector
The recent introduction of value added tax (VAT) in the UAE is expected to have only a “limited” impact on Dubai’s real estate sector, according to the Federal Tax Authority (FTA) and Dubai Land Department (DLD). The UAE began implementing VAT at a …
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Emaar Properties : Abu Dhabi advance while region dips
Dubai: Dubai dropped 0.3 per cent yesterday as financial and construction stocks weighed on the index while Abu Dhabi gained 0.2pc with support from consumer and telecoms stocks. Emaar Properties closed 0.5pc up after finishing near a 20-month low on Sunday.
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Obtaining a Dubai Visa Residency for Property Owners
Dubai features among the top cities in the world for expatriates owing to better job opportunities, earning potential, world-class healthcare facilities, safety, security and the quality of life that it offers. It is for this reason that instead of living …
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The Dorchester DUBAI! Stunning renderings reveal how London’s A-lister favourite is set for a very modern sister property in the Middle East
The Dorchester London is one of the world’s most iconic hotels – it attracts a roster of A-list clients and even the Queen has visited. And now the five-star luxury landmark is set to get a sister property in Dubai – but with very different styling.
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UAE millionaires second-most confident in the world on financial outlook
The research was conducted among over 5,400 millionaires with at least $1 million investable assets (excluding property). The global sample was split across nine markets such as Germany, Hong Kong, Italy, Singapore, Switzerland, Taiwan, the UAE …
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Dubai Financial Market : MAG Robotic Investments and Emaar Properties PJSC join forces to develop a fully automated parking facility at Dubai Marina
MAG Robotic Investments has signed a contract with Emaar, the global property developer based in the UAE, for the development of a fully automated parking facility on a Build Operate Transfer (BOT) basis at Dubai Marina. The automated parking facility …
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Video: World record for largest aerial projection broken in Dubai
UAE property firm Wasl Asset Management has broken the world record for the largest aerial projection screen, the company announced on Tuesday. The screen took to the skies over Dubai in celebration of the Year of Zayed, the country’s commemoration of …
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UAE Intellectual Property Awareness Drive spearheaded by the Japan External Trade Organization
DUBAI, DUBAI, UAE, March 1, 2018 / EINPresswire.com / — The Middle East Intellectual Property Group (ME-IPG) of Japan are conducting an education drive as part of their commitment to the fight against counterfeit goods. The events will be held at Festival …
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LA court dismisses all claims in Viceroy and Five Dubai hotel dispute case
The case was filed in relation to a $1.17bn property on Dubai’s Palm Jumeirah, which remains disputed between the two companies. The judge decided to dismiss the lawsuit as being barred by the California law prohibiting Strategic Lawsuits Against Public …
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Facebook groups edging out property brokers?
With property prices starting to show signs of life in some communities in Abu Dhabi, what is top of mind for real estate executives in the capital? Executives from the UAE capital’s top real estate firms discussed the issue in a forum led by …
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Dubai Property Rebound Fails to Materialise
Four months after rejecting a broker’s advice to slash his rent demands on a new Spanish-style villa in Dubai, the homeowner was ready to accept a 20 percent cut on the still vacant property. The broker, Akbar Ladak, wasn’t surprised. More landlords …
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Developers optimistic about rebound in Dubai property market
Four months after rejecting a broker’s advice to slash his rent demands on a new Spanish-style villa in Dubai, the homeowner was ready to accept a 20 percent cut on the still vacant property. The broker, Akbar Ladak, wasn’t surprised. More landlords …
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UAE- Making and losing money in commercial property
(MENAFN – Khaleej Times) The sharp rise in US Treasury, British gilt, German Bund and other government bond yields is a disaster for real estate investment trusts (Reits) worldwide, including those in the GCC. In the $1.2 trillion US Reit market, prices of …
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No Rebound for Dubai Property as Slump Drags On
Four months after rejecting a broker’s advice to slash his rent demands on a new Spanish-style villa in Dubai, the homeowner was ready to accept a 20 percent cut on the still vacant property. The broker, Akbar Ladak, wasn’t surprised. More landlords …
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Abu Dhabi developer Modon appoints Arabtec for show villas in mega project
Abu Dhabi developer Modon Properties has appointed Dubai’s Arabtec Construction to build a show village in Khalifa City, it announced on Tuesday. It will feature nine show villas targeted at Emiratis and is expected to be ready by the fourth quarter of …
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