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Tag: property

Posted on 26/10/2020

Union Properties pays $19 million towards debt restructuring

Dubai real estate developer Union Properties has completed a payment of 70 million dirhams ($19.06 million) towards its largest lender as part of a debt restructuring plan, it said on Monday …
( read original story …)


Posted on 25/10/2020

Here’s what Dubai property managers can do to retain tenants

Aditya Shah, Director of Middle East Operations at Yardi, talks about evolving tenant experience Image Credit: Supplied PropTech provider Yardi empowers real estate stakeholders to simplify processes.
( read original story …)


Posted on 24/10/2020

UAE: Real estate decrease slows

The average of residential property cost decrease in Abu Dhabi slowed during the last three months because developers and banks presented incentives to clients.

Even though apartment and villa …
( read original story …)


Posted on 24/10/2020

Green light for UAE sustainability

Dubai has completed 1,241 buildings and 6,658 villas under … The Covid-19 outbreak has further reinforced this sentiment, which could render a knock-on impact on the property market,” added said …
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Posted on 23/10/2020

Dubai realty transactions at Dhs4 billion

The real estate and properties transactions valued at Dhs4 billion in total during the week ending 22 October 2020. The sum of transactions was 1,369.
( read original story …)


Posted on 23/10/2020

London is the wild west of the global property market – and it needs a sheriff

One of the biggest property tycoons in London is the president of the United Arab Emirates, Sheikh Khalifa bin Zayed Al Nahyan. The Guardian revealed last week that he owned around £5.5bn of real …
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Posted on 21/10/2020

Bloom Properties presents ‘Tower A’ the elite building of Bloom Towers with a guaranteed 8% return on investment

Leading Abu Dhabi real estate developer, Bloom Properties, has announced the launch of Tower A, the Elite building of its premium development Bloom Towers. The 43-storey building, which is located on …
( read original story …)


Posted on 20/10/2020

Expat property investor in Dubai finds spending Dh89m does not guarantee the land is his

Dubai: A property owner in Dubai is finding that spending more than Dh89 million on acquiring a plot and building a bespoke villa is not enough to stake permanent ownership. Not when the developer …
( read original story …)


Posted on 20/10/2020

Dubai’s Union Properties Restructuring Debt to Weather Real Estate Slump

Union Properties PJSC is restructuring debt and trimming costs to weather a slump in Dubai’s real estate market. “We are focusing on restructuring our balance sheet, and all our efforts will be …
( read original story …)


Posted on 20/10/2020

Property investor in Dubai finds Dh89 million on plot and villa does not guarantee ownership

Dubai: A property owner in Dubai is finding that spending more than Dh89 million on acquiring a plot and building a bespoke villa is not enough to stake permanent ownership. Not when the developer …
( read original story …)


Posted on 20/10/2020

UAE owns £5.5bn of British property

The president of the UAE has created a £5.5 billion British property empire that rivals the land holdings of the nation’s wealthiest aristocratic families.Sheikh Khalifa bin Zayed al-Nahyan, who is …
( read original story …)


Posted on 20/10/2020

Dubai property buyers ‘eyeing spacious homes in city outskirts’

As accessibility to areas away from the city-centre improves, Dubai’s property market sees a new trend in buyers opting for spacious homes in newer localities, according to leading real-estate portal …
( read original story …)


Posted on 19/10/2020

Dubai Luxury Sales Rebound From Lockdown Low

Two units at the luxury Dubai high-rise Il Primo sold for nearly AED60 million (US$16 million) in the third quarter of 2020, as the luxury market rebounded from a lockdown that hindered sales …
( read original story …)


Posted on 19/10/2020

Sheikh Khalifa’s £5.5billion London property empire revealed

Sheikh Khalifa bin Zayed al-Nahyan, whose half-brother is the owner of Manchester City football club, has amassed the massive real-estate portfolio in London since the 1990s.
( read original story …)


Posted on 19/10/2020

Leaked documents show how UAE president amassed a £5bn London property portfolio

Referred to by his lawyers as ‘the client’ to preserve his anonymity, it has been revealed that Sheikh Khalifa bin Zayed al-Nahyan owns some of the UK capital’s most prestigious addresses …
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Posted on 19/10/2020

Incentives galore in UAE property market as rents fall

Increased mobility during the quarter has brought about a considerable increase in the level of new leasing enquiries in Dubai.
( read original story …)


Posted on 18/10/2020

Dubai rents are falling, time to relocate

Residential, office and retail sectors across the UAE’s property market will continue to be tenant-friendly … head of Research, JLL Mena. Dubai’s office market saw its first new stock additions of …
( read original story …)


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