Probably the biggest conundrum for Gulf investors, after deciding what to invest in, is whether to buy-and-hold through market cycles or try to time their investments. To clarify what this means: market timers aim to buy low and sell high as a way to …
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UAE- Right time for NRIs to buy property in India
(MENAFN – Khaleej Times) The Indian real estate sector is seeing a gradual resurgence, one year after the implementation of key policy reforms. With property prices having hit rock bottom in major cities, developers still coping with unsold inventory and …
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Abu Dhabi expat rent tax increase lower for some properties
Abu Dhabi has reportedly opted to decrease the maximum tax charged on expat property rental contracts after new rates were revealed earlier this month. A post on Abu Dhabi Distribution Company website that is still online stated that the municipality fee …
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Fidu Properties to invest $544m in Dubai real estate by end of 2018
Chinese developer says it has signed multiple deals worth $103m with Emaar Properties for The Grand in Dubai Creek Harbour Fidu Properties, a Chinese real estate group, has announced that it plans to invest $544 million into Dubai’s real estate sector by …
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Abu Dhabi expat rent tax increase reduced for some properties
Abu Dhabi has reportedly opted to decrease the maximum tax charged on expat property rental contracts after new rates were revealed earlier this month. A post on Abu Dhabi Distribution Company website that is still online stated that the municipality fee …
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Abu Dhabi’s Eshraq Properties shelves plans to merge with Reem Investments
Abu Dhabi’s Eshraq Properties has shelved plans to acquire Reem Investments after being unable to come to a suitable agreement, the companies said on Tuesday. “The strategic investment of Reem Investments in Eshraq Properties will not be completed …
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Abu Dhabi expo to attract 125 realty heavyweights
Leading players in the real estate and property investment industry will be in Abu Dhabi for this year’s International Real Estate and Investment Show (IREIS). Scheduled to be held at the Abu Dhabi National Exhibition Centre from November 1 to 3 …
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China’s Fidu set to pump $544m into Dubai property
Fidu Properties, one of the leading Chinese companies in the UAE property market, has announced plans to pump nearly Dh2 billion ($544 million) into the Dubai real estate sector by the end of this year. As part of its regional expansion strategy, Fidu will …
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Dubai Properties flagship project ‘top attraction at China expo’
Dubai Properties, a member of Dubai Holding, said its upscale projects have received an overwhelming response from the investors and potential buyers in China during its participation at Luxury Property Showcase (LPS) Beijing 2018. The leading luxury …
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UAE Visas: A Fresh Wind is Blowing
Sweeping changes in labour and visa rules recently by this country have come as a boon to Indian workers and will also spur tourism, retail and the property market Every now and then, UAE authorities launch an initiative to clear the country of illegals.
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How to manage an overseas property investment
Toby Johncox, principle representative at property specialist Enness Dubai, says if you are lucky enough to find good tenants, appreciate them. “Look after them and they will look after you. I let a property in the UK and check in with my tenant every …
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Dubai Properties bids to attract Chinese investors
Dubai Properties is drawing high interest for its projects from investors and potential buyers in China as part of its participation at Luxury Property Showcase (LPS) Beijing 2018. A key highlight of Dubai Properties’ outing at the event is its showcase of …
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Aldar to launch new Viceroy-branded property in Abu Dhabi
Just 24 hours after Aldar revealed it will refurbish the Yas Viceroy Abu Dhabi and turn it into a W Hotel property, the firm announced it is working on another branded property with the Viceroy Hotel Group in the capital. Aldar has not yet shared details …
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Dubai Properties projects draw interest from high net-worth Chinese Investors
DUBAI, 23rd June, 2018 (WAM) — Dubai Properties, a member of Dubai Holding, is drawing high interest for its upscale projects from investors and potential buyers in China as part of its participation at Luxury Property Showcase (LPS) Beijing 2018, the …
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UAE- REST – Does it spell the end of the property broker?
(MENAFN – Khaleej Times) On May 29, the director-general of the Dubai Land Department, Sultan Butti bin Mejren, announced the Real Estate Self Transaction (REST) platform. Part of the announcement read “the complete digital management of real estate …
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Viceroy out, Marriott in: Abu Dhabi property set to become a W Hotel
Aldar Properties PJSC has appointed Marriott International to manage its hotel on Yas Island, which is currently flagged as the Viceroy Abu Dhabi. Effective July 1, 2018, Marriott International will assume operations of the Yas Island hotel, which will go …
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Aldar picks Marriott to manage Abu Dhabi luxury hotel
Aldar Properties, a leading developer in Abu Dhabi, UAE, said it has signed up global hospitality giant Marriott International to manage one of its most strategically located hotels on Yas Island. The move comes as part of Aldar’s active asset management …
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