The Dubai Land Department rolled out Manzili, an online calculator that matches prospective buyers to new and off-plan properties based on their savings and budget. “This innovative initiative was …
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The changing face of real estate in the GCC
Real estate has long been a stronghold of local economies in the GCC – from Dubai, where the property market represents 44 per cent of consumer price inflation (CPI), to Qatar where it …
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Dubai Land Department launches Manzili initiative
… Manzili initiative within the framework of a strategic partnership between public and private sectors to develop Dubai’s real estate market. It also comes under the patronage of DLD as part of its …
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China’s top real estate internet platform launches services in UAE
DUBAI, 21st July, 2019 (WAM) — Fang, the leading real estate internet platform in China, has marked its launch in the UAE with a special LED show on Burj Khalifa, the global icon. A part of Fang …
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Chinese real estate giant Fang launches operations in UAE
Leading Chinese real estate internet platform, Fang, has launched in the UAE. The dedicated portal, uae.fang.com, will feature property listings in the UAE, covering the country’s leading developers …
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Average Dubai house price falls to $670,000 in June
The average house price in Dubai has fallen to AED2.46 million ($670,000) in June, a decrease of $10,000 in the past two months, according to new research. Real estate data platform Property Monitor’s …
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Abu Dhabi realty on solid growth track despite global slowdown
The Abu Dhabi’s real estate market is on solid growth trajectory despite the global trends. The local and foreign investors are upbeat about the capital’s burgeoning property market. Reportage …
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Interest soars after Abu Dhabi opens up property market, prices fall
Abu Dhabi’s recent decision to open up its property market has widened the pool of investors in the region, with interest soaring for freehold areas like Al Reef, Al Raha Beach and Masdar City. …
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Emaar dominates Dubai property market with $3.56bn deals
Dubai developer Emaar Properties had dominated the Dubai real estate landscape during the first six months, both in terms of transactional volume and value of overall properties registered including …
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UAE realty set to stabilise
Aditi Hariharan, Senior Consultant, Strategic Consulting and Research at Cavendish Maxwell, said the first half of the year remained challenging for the UAE property sector, as rents and prices …
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Emaar dominates Dubai property market with $3.56bln deals
Dubai developer Emaar Properties had dominated the Dubai real estate landscape during the first six months, both in terms of transactional volume and value of overall properties registered including …
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Dubai Property Developer Buys Troubled Fashion Brand Roberto Cavalli
After months of speculation, Dubai-based property developer Damac Properties has emerged as the new owner of Italian fashion house Roberto Cavalli. Last month, Arabian Business reported Damac …
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UAE property: Abu Dhabi tenants happy to negotiate as residential rents soften
The Abu Dhabi real estate review issued by ValuStrat reported that the emirate’s residential capital values in the second quarter of 2019 were 13.3 per cent lower than last year and 3.3 per cent than …
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Challenging market conditions continue in Q2 2019: Cavendish Maxwell UAE property report
Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its UAE Property Market Report for Q2 2019, containing key data and trends for Dubai, Abu …
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Emaar accounted for largest share of all property sales in Dubai in H1 – report
Emaar Properties recorded 4,756 transactions cumulatively worth Dhs13.1bn in the first six months of this year, accounting for the largest share of all property sales in Dubai, a report has found. …
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Dubai-based app connects tenants with property managers
Joe Moufarrej has created cloud-based platform Happy Tenant to keep tenants informed about their rented property, putting them in contact with their managers, property owners and neighbours to help …
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Aldar Properties wins US$1.36bn government contracts in Abu Dhabi
Multiple Abu Dhabi government entities have partnered with Aldar Properties to deliver social, economic and infrastructure projects worth US$1.36bn across a number of major destinations in the emirate …
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