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Tag: property

Posted on 09/06/2021

Ultra-luxury Dubai property deals jump to $68m during Q1

Luxhabitat Sotheby’s announced the complete project sell-out of the ultra-luxury Four Seasons Private Residences within three months of its launch. Ultra-luxury property deals in Dubai are booming …
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Posted on 09/06/2021

Abu Dhabi, Saudi manage small gains

DUBAI: Major Gulf markets ended lower on Tuesday, while Abu Dhabi and Saudi Arabia eked out marginal gains, as sentiment was pressured by weak oil prices. Brent crude was down 58 cents, or 0.8%, at …
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Posted on 08/06/2021

German expat in Dubai sells signature Palm Jumeirah villa for Dh70.2 million

Dubai: A German expatriate living in Dubai has sold a refurbished signature villa for a whopping Dh70.2 million — one of the highest recorded sale up until now. Holger Albers, a shareholder of …
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Posted on 07/06/2021

FAB in deal to provide housing finance for UAE nationals

First Abu Dhabi Bank (FAB) has announced the signing of an agreement with the Mohammed bin Rashid Housing Establishment (MBRHE) to provide flexible financing options for UAE nationals seeking suitable …
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Posted on 06/06/2021

Dubai’s Emaar Properties signs property assets protection agreement with DIFC Courts

Emaar agrees to promote the court’s Wills Service to provide additional protection on real estate investments in the UAE.
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Posted on 04/06/2021

Dubai Property Market Re-Emerging from Pandemic Outbreak

According to GlobalData, Dubai’s construction sector is showing early signs of a long-awaited recovery in 2021. Government-controlled real estate developers are planning new projects in response to …
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Posted on 03/06/2021

Resurgent property market: Facing a rent hike? UAE tenants can have the upper hand in rental contract negotiations

With the UAE property showing signs of recovery, and rents seen rising in some parts as a result, it would be useful for a largely tenant-led real estate market to understand how one could potentially …
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Posted on 02/06/2021

The Perfect Staycation Destination at the Western Region of Abu Dhabi

Discover an affordable yet relaxing destination offered by the first ever hotel in the Western Region of Abu Dhabi. Visit Ruwais and head over to a long-standing 3-Star Dhafra Beach Hotel where the na …
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Posted on 01/06/2021

Supply glut keeps Dubai on sidelines of prime property upswing

Dubai, Buenos Aires only two cities in Knight Frank’s 25 prime locations list to see prime residential value decline.
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Posted on 31/05/2021

UAE property: Senior, student housing emerging as new niche market

A range of government initiatives is expected to support future demand for these relatively untapped market segments.
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Posted on 31/05/2021

Wealthy ‘lockdown dodgers’ fuel Dubai property upsurge

Dubai’s property market is powering out of a six-year malaise as “lockdown dodgers” and wealthy international investors drive a buying frenzy that is breaking records and fuelling an economic recovery …
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Posted on 29/05/2021

Abu Dhabi property market mirrors Dubai with strong demand for villas

Its report said the Abu Dhabi residential market delivered approximately 1,700 apartments and 50 villas during the first three months of 2021 with an increase in demand for villas …
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Posted on 29/05/2021

Best hotels in Abu Dhabi

Discover the best places to stay in Abu Dhabi, from chic hotels in the heart of the city to five-star Saadiyat beach retreats.
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Posted on 27/05/2021

WATCH: All you need to know about giving Power of Attorney in the UAE

Explained: The process and cost of registering a Power of Attorney Dubai: Whether you wish to give someone the right to buy or sell a property on your behalf in the UAE, or require legal …
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Posted on 27/05/2021

Abu Dhabi Islamic Bank provides financing to Rasmala Long Income Fund for acquisition of Tesco supermarket in UK

ADIB has strong track record in offering bespoke and competitive Sharia-compliant property financing solutions …
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Posted on 26/05/2021

Dubai posts property deals worth Dh36b in four months

In terms of volume, April transactions were up 4.2 per cent compared to March and 0.6 per cent more in terms of value …
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Posted on 26/05/2021

Dubai realty posts largest single-month price surge in 7 years

Prices remain well below past peaks and offer great value, but the lack of available stock is impacting transaction volumes …
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