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Tag: property

Posted on 23/08/2020

Saudi Arabia obligates government agencies to disclose overseas property holdings

Move comes after Saudi properties Agency finds overseas holdings not logged Abu Dhabi: Saudi authorities have directed government agencies holding overseas properties to submit renting or ownership …
( read original story …)


Posted on 20/08/2020

Aldar, banks lift sentiments on Abu Dhabi index

Taking a cue from the Aldar, Abu Dhabi based banks also had a strong day. ADCB rose sharply by 5.56 per cent while First Abu Dhabi gained 0.18 per cent. ADIB shares were unchanged after a rally of …
( read original story …)


Posted on 20/08/2020

‘Tough’ months ahead for Dubai’s property market: DAMAC CEO

The coronavirus pandemic has somewhat eased Dubai’s oversupply problems, but the months ahead will remain tough for the emirate’s real estate market, a top developer said. Hussain Sajwani, the founder …
( read original story …)


Posted on 20/08/2020

Weakening dollar boon for Dubai’s property market: analysts

The weaker dollar has proved to be a boon for Dubai’s real estate sector, attracting investments from overseas investors during the last few months. Analysts said that the inflow of foreign …
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Posted on 19/08/2020

Weakening dollar boon for Dubai’s property market, say analysts

“Many market watchers are predicting that the dollar will soften by a further 1.75 per cent by the end of this year, so it could be fairly safe to assume that Dubai’s property market will benefit from …
( read original story …)


Posted on 19/08/2020

Dubai’s Grand Cosmopolitan Hotel is the first Bureau Veritas-approved independent five-star property

The Grand Cosmopolitan Hotel in Al Barsha has become Dubai’s first independent five-star hotel to be given the hygiene stamp from Bureau Veritas. Launched in response to the ongoing COVID-19 crisis …
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Posted on 19/08/2020

Lockdown ‘driving demand for bigger apartments’ in UAE: Property Finder

UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has witnessed a surge in demand for its two and three-bedroom apartments at its Seven Palm development …
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Posted on 18/08/2020

Dubai realty sector defies challenges

Dubai’s property market has defied the COVID-19 challenges as the sector showed strength and sustainability during the crisis. The real estate market in the emirate is expected to improve quickly due …
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Posted on 18/08/2020

MIDEAST STOCKS-Property shares weigh on Dubai as major Gulf markets ease

Most major stock markets in the Gulf were subdued in early trade on Tuesday, as the Dubai index was hit by losses in real state shares. Property prices in Dubai, which has a diversified economy that …
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Posted on 18/08/2020

Dubai South Properties launches ten-year rent-to-own scheme

Master-developer, Dubai South Properties, today announced an exciting new rent-to-own scheme for new tenants of The Pulse the heartbeat of its Residential District, with easy and direct access from …
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Posted on 17/08/2020

Man dupes tenant of Dh77,000 after forging property papers in Dubai

A manager, who allegedly duped an expat tenant of Dh77,000 after he forged a title deed of a residential unit, has been charged with fraud and forgery at the Dubai Court of First Instance. According …
( read original story …)


Posted on 17/08/2020

Dubai South Properties unveils rent-to-own scheme for key project

Master-developer Dubai South Properties has announced a new rent-to-own scheme for its new tenants of The Pulse – the heartbeat of its Residential District, with easy and direct access from Expo Road.
( read original story …)


Posted on 17/08/2020

Hong Kong, UAE, and Indian buyers push prime London property market to busiest in over five years

Prime Central London (PCL) residential property market is the busiest it has been for over five years, with buyers from Hong Kong, India and the UAE leading interest in buying luxury properties.
( read original story …)


Posted on 13/08/2020

Abu Dhabi’s Aldar second-quarter profit rises 2%

Abu Dhabi developer Aldar Properties reported a 2% rise in second-quarter profit on Thursday. The state-linked builder of Abu Dhabi’s Formula One circuit made …
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Posted on 13/08/2020

Strong second quarter helps Aldar Properties avoid bigger decline in first-half 2020

File picture of an Aldar community model. The Pandemic did cast an impact on first-half 2020 results, but a strong second quarter run was some compensation. Image Credit: Gulf News Archive Abu Dhabi: …
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Posted on 13/08/2020

LuLu wins rights for hypermarket at ‘Riyadh City’ in Abu Dhabi

We are proud to launch our first ever full-fledged hypermarket in. It has always been our goal to make the highest quality …
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Posted on 11/08/2020

Modon signs lease agreement with LuLu Group International

Modon Properties (Modon), mandated by the Government of Abu Dhabi to develop integrated tourism destinations and sustainable residential …
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