There has never been a better time to buy property in Dubai, according to property experts Bayut.com. Areas such as Dubai Marina, JLT and The Springs already have a high rent yield of around six perce…
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Abu Dhabi’s Aldar Investments acquires two properties in $327 mln deal
ABU DHABI, Feb 27 (Reuters) – Aldar Investments, a subsidiary of Aldar Properties, said on Wednesday it had acquired full ownership of Etihad Plaza and Etihad Airways Centre for 1.2 billion dirhams ($…
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Why invest in Dubai real estate properties?
The property market in Dubai keeps on thriving as it is seeing rapid growth in recent times and it won’t be slowing down too soon either. The growth in the real estate market is attributed to …
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Benefits of having your property managed
Do you own a property or multiple properties in Dubai and want them to be managed? Are you an overseas investor and want to ensure that all regulatory items are taken care of, including scheduling of …
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Earn passive income by letting out your UAE home on Airbnb
For many it now also presents an opportunity to enter Dubai’s rapidly evolving holiday homes market – and to turn that property into a passive income source. In April 2016 Dubai revised holiday home l…
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UAE- Emaar honours Fidu Properties with special incentive for support and partnership
one of the leading Chinese companies in the UAE property market, to express their gratitude and acknowledgment of the company’s support to Emaar’s real estate projects across the globe.
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Nearly 44,000 Dubai residential units past 65% complete as 2018 ends
“This has been more than the number of units handed over in the past few years, and the inventory will help tenants to negotiate for more competitive rents,” the UAE property portal said. READ: Q4 201…
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Aldar sets up company to handle property management services
Dubai: Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing homeowners associations, property management, and even in the sales and leasing of resi…
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Abu Dhabi’s Aldar creates Provis, restructures FM company Khidmah
UAE facilities management (FM) company Khidmah is being restructured by parent company Abu Dhabi real estate developer Aldar, which has also established Provis to “disrupt” the local property manageme…
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Dubai index to continue outperforming Abu Dhabi gauge
Union Properties closed 2.89 per cent higher at Dh0.391. Damac Properties closed 8 per cent higher at Dh1.42. Abu Dhabi did very well last year on the back of FAB and ADCB. There are many …
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2019 plans handover of 47,500 homes in Dubai, reveals “Property Finder Trends” report
Dubai: Property Finder, the UAE’s go-to real estate portal, released the aggregate results of figures from Dubai Pulse, the open data platform initiative from the Smart Dubai Office, which are based o…
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S&P warns that Dubai residential property prices approaching 2009/2010 levels
Dubai residential property prices are approaching levels last seen in 2009-2010 property, a leading global ratings agency has warned, following a steady decline over the last few years after a peak in …
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Property prices to stabilise by 2020.
Decline in Dubai property prices will continue this year and could bottom out next year, according to a forecast by global ratings agency Standard & Poor’s released on Tuesday. “The Dubai property mar…
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Stronger players ’emerge winners in Dubai property sector’
With a 12 per cent decrease from 2017 to 2018, registered property companies have continued to exit the market as stronger players emerge with a focus on customer service, data, knowledge and informat…
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Glory days return for Abu Dhabi hotel that once hosted Queen Elizabeth II
A bridge connecting Abu Dhabi to the new financial district on Maryah Island was planned to go straight through the hotel’s front door. Renovations that had been set for the mid-2000s had been postpon…
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Abu Dhabi bank stocks in demand, hit new 52-week high; Dubai’s Emaar extends gains
First Abu Dhabi Bank and Etisalat recovered. FAB closed 1.08 per cent higher at Dh14.96. Etisalat closed 0.47 per cent higher at Dh17. Al Dar Properties closed 1.13 per cent higher at Dh1.79.
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New Opening: One of Abu Dhabi’s oldest hotels gets reflagged
was one of the first five-star hotels in Abu Dhabi and has been a well-loved property in the capital’s expatriate circles. “The fact that it’s one of Abu Dhabi’s oldest hotels is much more of a positi…
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