The registration processes start with sending details of real estate transactions to the registration trustee.
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Dubai unveils remote property registration
Dubai Land Department (DLD) has introduced a new registration system for real estate transactions, which allows real estate owners to complete sales transactions for their properties remotely from …
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The COVID-19 impact: Property sales in Dubai drops by about 50%
The decline in real estate values in Dubai accelerated in April while sales of apartments and villas dropped by about 50 percent due to the coronavirus pandemic. The monthly decline for residential …
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Is this the right time to invest in property? Experts weigh in
However, for the seasoned investor, this could be just the right time to grab some property in the UAE. Why miss a clear opportunity to come out of the pandemic with a top-tier asset bought at a heavy …
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Dubai Landlord Offers Rent Relief Due to Pandemic
ENBD REIT Plc, the real estate investment trust managed by Dubai’s biggest bank, joined efforts to offer relief to clients impacted by the coronavirus pandemic in the Middle East business hub.
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Intellectual property complaints drop 34 per cent in Dubai during Q1 2020
Dubai: Complaints against flouting Intellectual Property (IP) rights have dropped by more than a third (34 per cent) in quarter one of 2020 in Dubai, compared to the same period in 2019, Dubai Economy …
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‘Whale’ in Dubai Mall fountain area creates splash on social media
A ‘whale’ in the Dubai Mall fountain area has set social media abuzz. The 10-second CGI video of a whale doing a flip in the Dubai Mall fountain was shared by Emaar, the developer of the property. “,” …
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Property trends: UAE investors, tenants prefer villas amid coronavirus
Demand for villas and townhouses, as well as hotel apartments, in Dubai and Abu Dhabi has gone up in the last few months, as a growing number of UAE residents look to escape crowded buildings and …
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GCC stock markets open higher; Dubai, Saudi lead
Dubai Financial Market index rose above 1,900 points after it gained 0.94 per cent on the first trading day of the week.
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REFILE-Dubai developer Nakheel slashes salaries due to coronavirus crisis
Dubai property developer Nakheel has slashed salaries by as much as 50% as it tries to weather the coronavirus crisis, according to an internal email seen by Reuters, and its chief executive resigned …
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With Dubai Expo Postponed, Home Buyers to Benefit from Another Year of Price Declines
Now 7% is very much on the optimistic side.” The organization that oversees the world’s fair, the Paris-based Bureau International des Expositions, announced last week that its members passed an …
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Opinion: Is Dubai real estate recovering from lockdown lows?
As estate agencies ease back to work, many of them are capriciously reporting that volumes of instructions, viewings and transactions are climbing off of lockdown lows. This resurgent activity is a …
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Dubai registered record property sales in Q1 2020
Dubai’s real estate sector witnessed the best first quarter in 2020 in the past six years until COVID-19 challenges began during the second half of March, according to a UAE property market report.
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Dubai developer wasl launches property leasing app
Zainab Mohammed, chief property management and marketing officer, wasl properties, said: “The new app is in line with the Smart Dubai 2021 strategy and its objective of promoting technological …
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Al Mazaya Holding unit sells Dubai property for $21m
A major player in the region, Al Mazaya provides a wide spectrum of real estate products and services – from purchasing, apportionment and developing of large areas in select zones to offering …
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Al Mazaya’s unit sells property in Dubai for $21mln
A UAE-based subsidiary of Al Mazaya Holding has signed a contract for the sale of a property in Dubai, with the price value to be paid in cash and in-kind. Upon completion of the sale procedures, the …
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After Impressive Show in Dubai Real Estate, Anthony Joseph Abou Jaoude to Publish First Book
Anyone remotely connected to the Dubai real estate market would be familiar with the name, Anthony Joseph Abou Jaoude. Anthony is the real estate …
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