The Dubai Land Department (DLD) and Property Finder have signed a memorandum of understanding (MoU) for the launch of Dubai’s first official sales and rental price index. The collaboration will create …
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Dubai Land Department, Property Finder launch Dubai house price index
Dubai: Dubai Land Department (DLD) and Property Finder signed an unprecedented memorandum of understanding (MoU) on Monday, 22 July for the launch of Dubai’s first official sales and rental price …
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Reportage Properties offers new incentives for its Dubai, Abu Dhabi projects
Abu Dhabi, UAE: Abu Dhabi-based real estate developer Reportage Properties has announced that it will be offering its “Buy an Apartment and Get a Net Annual Return of 8% for 3 Years” plan. The new …
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Property shares lift UAE, blue-chips pressure Saudi
Gains in shares of property and contracting firms lifted Dubai and Abu Dhabi stocks in early trade on Tuesday, while weak earnings from blue-chips weighed on the Saudi bourse. The Dubai index …
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Dubai Land Department rolls out online calculator to match buyers to properties
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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