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Tag: property

Posted on 26/12/2020

How much is your property worth in the UAE?

Selling your home is a big decision and can feel overwhelming. You don’t want to overprice your property and drive away potential buyers with an inflated number or under-price it and lose money. Also, …
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Posted on 24/12/2020

UAE real estate: Off-plan or ready property, what are you planning to buy?

Additionally, residential property prices have significantly come down so there are good deals in the secondary market. In the last 12 months, residential property prices in Dubai fell by 11.7 per …
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Posted on 23/12/2020

Dubai property prices slip again in Q3 as UAE forecasts 6% economic blow in 2020

New figures from UAE Central Bank reveal performance of Dubai, Abu Dhabi real estate markets during Q3 Residential real estate prices in Dubai continued to fall but at a slower pace during the third …
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Posted on 23/12/2020

Coronavirus: Dubai property prices down 0.9 pct in third quarter, says central bank

Dubai property prices fell 0.9 percent year on year in the third quarter after they were little changed in the previous quarter, a UAE central bank report said. For more coronavirus news, visit our …
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Posted on 22/12/2020

Dubai property prices down 0.9pc in third quarter

The coronavirus pandemic has increased pressure on Dubai’s property market, which for years has seen supply outstrip demand for new houses and apartments. * Citing data from the Dubai Land Department, …
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Posted on 20/12/2020

‘The Gate’ project due for completion in Q4, 2022 says Reportage Properties

Reportage Properties has said that construction work is progressing at a steady pace on its The Gate residential development in Masdar City, in Abu Dhabi. Construction works are said to be 20% …
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Posted on 19/12/2020

Your Dubai second home could be just a three-hour flight from Tel Aviv

Dubai is becoming one of the number one destinations for Israelis as new relations with the United Arab Emirates have rapidly expanded into a massive air bridge linking Tel Aviv and Dubai. With …
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Posted on 18/12/2020

New eco-retreat opens in Abu Dhabi

A new getaway, labelling itself as Abu Dhabi’s first eco retreat has opened on Jubail Island, next to Jubail Mangrove Park. The adults-only property Pura Eco Retreat is surrounded by nature and is …
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Posted on 18/12/2020

Signs of cracks for Dubai’s property sector in 2020, before a 2021 reprieve

The tell-tell signs of stress are present in Dubai’s building and construction sector affecting property sales and inflating material prices, prompting the largest developed Emaar to halt supply. But …
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Posted on 17/12/2020

How the UAE’s coronavirus response is driving Indians to buy property in Dubai

Record low property prices and the efficiency of the UAE in containing coronavirus pandemic said to be attracting cash-rich Indians to Dubai …
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Posted on 17/12/2020

Dubai’s secondary residential property sales hit new high in November

The secondary residential property sales in Dubai real estate market for November hit a new high registering a total of 3,928 transactions worth AED7.65 billion ($2.08 billion), thus breaking a …
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Posted on 16/12/2020

Dubai Wealth Fund Adds Another Builder in Distress to Its Roster

Investment Corp. of Dubai is gaining a larger footprint in the emirate’s property market by asserting control over state-owned developer Meydan’s real estate projects.
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Posted on 16/12/2020

Secondary home sales in Dubai hit a 6-year high

The secondary residential property sales in Dubai hit a six-year high in November by accounting for 74.4 per cent of the total Dh7.65 billion worth of 3,928 transactions, according to Data Finder. The …
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Posted on 16/12/2020

Wyndham welcomes two new Dubai properties

The company has also welcome the launch of the 94-key Super 8 by Wyndham Dubai Deira – its first property in the UAE under the economy brand. Located in the historic area of Deira, the newly opened …
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Posted on 15/12/2020

Abu Dhabi T10 League: The idea is to make it a truely global property, says Shaji Ul Mulk

The Abu Dhabi T10 League, cricket’s next big thing to be held in the UAE from January 28 to Feburary 6 next year, has set it’s eyes to be a ‘‘truely global property’’ and working …
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Posted on 14/12/2020

UAE developer to deliver 4,000 units in Dubai, Abu Dhabi

Abu Dhabi-based developer Reportage Properties is developing 10 projects which will deliver about 4,000 housing units in Dubai and Abu Dhabi. Islam Ahmed Suleiman, CEO of Reportage Properties, said …
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Posted on 14/12/2020

Dubai property sales break 7-year record, top areas revealed

Secondary residential property sales in November 2020 broke a seven-year record as local real estate steadily recovers from the impact of the pandemic and oversupply. The top areas for secondary …
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