Several families in Dubai are moving from centrally located communities to secondary areas. These outer lying communities offer lower prices and the appeal of moving to a new property. “We are seeing …
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Cavendish Maxwell releases 2018 Dubai Property Market Report at its annual breakfast briefing
· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C…
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Residential property market expected to continue to soften in 2019 in Abu Dhabi
Sales of apartments in Abu Dhabi fell by 9% on average in 2018 while villas sales were down by 4%, according to the latest residential real estate report for the Emirate. Overall, sales activity for c…
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Abu Dhabi National Hotels secures loan to acquire Dubai-based properties
First Abu Dhabi Bank and Abu Dhabi National Hotels (ADNH) have signed an AED 1.6bn loan facility agreement, which will provide ADNH with the financing capability to acquire Dubai-based hotels. The agr…
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Abu Dhabi National Hotels secures Dh1.6bn loan for acquisitions
Abu Dhabi National Hotels secured a Dh1.6 billion loan from First … a subsidiary of Dubai’s biggest listed developer Emaar Properties. The value of the deal was not disclosed and the transaction was …
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Will government initiatives boost UAE property market?
The performance of both the UAE and Dubai real estate industry in 2019 will depend on how the market responds to the raft of government initiatives and regulations announced to stimulate demand. These …
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Abu Dhabi’s ADNH signs $440m loan to fund Emaar hotels deal
and First Abu Dhabi Bank (FAB) have signed an AED1.6 billion loan facility agreement. The agreement will provide ADNH with the financing capability to acquire a number of Dubai-based hotels from Emaar …
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US real estate delegation begins its tour in Dubai, reviews prominent real estate projects
Dubai, United Arab Emirates:Dubai Land Department (DLD) welcomed a US real estate delegation yesterday comprising several governmental and private institutions in response to an invitation sent to bro…
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Aldar launches $545m mixed-use project in Abu Dhabi
UAE-based Aldar Properties has announced the launch of its newest Dh2-billion ($545 million) freehold development, Alreeman, located in Alshamkha area of Abu Dhabi. With investment zone status …
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Radisson Opens Two New Hotels In Abu Dhabi…And They’re Worth A Look
All of this is why I still keep any eye out to see what Radisson is doing outside of the US and the hotelier has just announced the opening of two new properties in Abu Dhabi. The Corniche is one of t…
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Average Dubai property prices soften further by 4%
Dubai’s residential sector in the final quarter of 2018 witnessed a continuation of the tough trading conditions experienced in previous quarters, according to new research by Chestertons. Average apa…
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R Hotels appoints commercial director for Dubai properties
R Hotels has appointed Nevil D’souza as commercial director for its Dubai properties. D’souza will be responsible for the overall sales and marketing strategies of the group’s four hotels in the emira…
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UAE residential prices, rents likely to soften in 2019
The residential prices and rents in the UAE property sector are likely to soften in 2019, however there could be additional demand in the coming months which will help underpin the market as a result …
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Aldar Properties unveils $544m Alreeman near Abu Dhabi airport
Abu Dhabi development giant Aldar Properties has launched $544.5m (AED2bn) mixed-use development, Alreeman, in the Alshamkha area near Abu Dhabi International Airport. Spread over an area of 280ha, th…
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DLD, Dubai real estate companies to host American investors
Dubai Land Department (DLD) will receive a US delegation of more than 150 government and private-sector representatives seeking investment opportunities in the UAE emirate. According to Sultan Butti b…
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US team to review Dubai real estate investment
The Dubai Land Department (DLD) will receive a delegation from the US representing government and private institutions and comprising more than 150 real estate agents and 11 investors who are seeking …
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Radisson Blu brings two new Abu Dhabi properties to market
Radisson Blu has opened two hotels in Abu Dhabi, capital of the United Arab Emirates. Both hotels hold prominent locations, with the Radisson Blu Hotel & Resort, Abu Dhabi Corniche located on the vibr…
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