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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UAE: Now, investors can get eNOC to sell property in Dubai
Property investors in Dubai will no longer have to go to a developer’s office and apply for a no objection certificate (NOC) to sell their property. Instead, they can now obtain NOC electronically …
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Abu Dhabi’s Warner Bros hotel is hiring
The WB Abu Dhabi on Yas Island is holding a recruitment day. Abu Dhabi’s Warner Bros hotel is hiring. abu dhabi yas island, hilton hotel, hotel jobs abu dhabi, hotel jobs in uae, The WB Abu Dhabi, …
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Abu Dhabi University Participates In Hassantuk For Commercial Buildings In Collaboration With The Ministry Of Interior And Injazat
Abu Dhabi University (ADU) has announced today its participation in Hassantuk system in collaboration with Injazat, an industry recognized market leader …
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HSBC bullish on Dubai property market; upgrades Emaar companies
Dubai’s residential property market is witnessing a huge fillip despite supply concerns and negative population growth thanks to home buyers flocking to larger villas and apartments during the …
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HSBC joins Morgan Stanley with bullish Dubai property note
DUBAI: HSBC has joined Morgan Stanley in a positive call on the Dubai property market driven by strong demand for larger homes. The bank expects the real estate rally to last several years. “The …
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JLL inks exclusive deal with ZāZEN Properties to sell units at new JVT residential development
ZāZEN One is a Trakhees LEED certified green building, with solar panels helping to reduce the buildings’ energy consumption by up to 25% …
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Dubai’s Damac appoints top-level committee to assess $599m shares offer
Dubai-based developer Damac has appointed an independent committee of board directors to assess the offer from former chairman Hussain Sajwani to take the company private by buying out the minority …
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UAE customs seized 923,724 counterfeit goods in 2020: WAM
The United Arab Emirates customs seized 923,724 counterfeit goods in 2020, according to a report published on Emirates News Agency (WAM) on …
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Dubai’s Damac appoints new chairman, forms committee to asses Sajwani’s offer
Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac …
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UAE’s Intellectual Property sector achieves significant growth in 2020
The Ministry of Economy (MoE) has announced that the country’s Intellectual Property (IP) sector has achieved significant growth in the number of works during the past year 2020, as it witnessed a …
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HSBC delivers bullish call on Dubai real estate market
Analysts say a growing demand for larger homes during the pandemic will further boost Dubai’s property market HSBC Holdings has said a growing demand for larger homes during the pandemic will further …
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