Tag: property

The UAE’s property market will continue to see an average softening of prices and rental rates in 2018, though experts believe this will bring the Emirates more in line with global norms. With investors become more willing to accept lower yields, and …
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Dubai’s property market continues to show signs of growth with increasing demand returning to the market, according to Damac Properties chairman. The luxury developer reported a net profit of $762 million in its yearly profits announced earlier today (a …
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(MENAFN – Khaleej Times) Dubai – Emaar Properties 2017 net profit jumped to Dh5.7 billion as against Dh5.23 billion in the previous year, an increase of nearly nine per cent. It recorded a net operating profit of Dh5.704 billion ($1.553 billion) during …
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Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported an 80 per cent fall in fourth-quarter profit due to a one-time charge, its chief financial officer said on Thursday. Aldar made a net profit attributable to owners of …
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Aldar Properties has released details of its 2017 financial performance, announcing a 34% hike in its underlying gross profit for the year. In a statement, the Abu Dhabi-headquartered property developer revealed that its 2017 underlying profit reached $ …
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Emaar Properties reported a 16 per cent slide in fourth-quarter net profit on Wednesday as costs weighted on Dubai’s largest listed developer. Emaar’s weak performance follows results from fellow developer Damac Properties earlier, which showed a …
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Dubai’s Damac Properties , the owner and operator of the only Trump-branded golf club in the Middle East, posted a nearly 47 percent drop in fourth-quarter profit, while full year profit dropped by 25 percent. The results came as Dubai, its core property …
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DUBAI, Feb 14 (Reuters) – Dubai’s DAMAC Properties , the owner and operator of the only Trump-branded golf club in the Middle East, posted a nearly 47 percent drop in fourth-quarter profit, while full year profit dropped by 25 percent. The results came …
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Dubai’s Damac Properties , the owner and operator of the only Trump-branded golf club in the Middle East, posted a nearly 47 per cent drop in fourth-quarter profit, while full year profit dropped by 25 per cent. The results came as Dubai, its core …
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UAE real estate, particularly that of Dubai, is steadily gaining interest among savvy Chinese investors. This extends to the brick-and-mortar assets, contracting industry as well as construction finance. The Chinese were the fourth most active real estate …
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LONDON: Demand for commercial space in the UAE fell for the ninth consecutive quarter in the last three months of 2017, with a marginal decline seen in office rentals, but a steeper deterioration affecting industrial and retail space. Even as demand falls …
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Foreign buyers accounted for 20 percent of Dubai real estate transactions in the 18 months to June 2017, data from the Dubai Land Department showed. Your browser does not support the video tag.
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“Looking at the top buyer groups, where the currency is not pegged, who invest in UAE property we can see that on a currency basis alone, compared to January 2017, Indian rupee-denominated buyers would now find purchasing property in the UAE 6 per cent …
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Four Seasons Hotel Abu Dhabi at Al Maryah Island, the luxurious waterfront property located on Abu Dhabi’s upscale business and lifestyle destination, has welcomed Olivier Thomas as the new general manager. With over 20 years of experience in the luxury …
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The Dubai Land Department (DLD), the emirate’s property legislator, entered into a strategic cooperation and partnership agreement with Aqari Global Ltd ‘Century 21 United Arab Emirates to promote Dubai real estate in the United States. “We pay close …
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Off-plan sales are driving the Abu Dhabi housing market as the emirate continues to feel the effects of diminished government spending and sluggish economic growth, according to a new report from international property company Chestertons MENA. According …
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Four Seasons Hotel Abu Dhabi at Al Maryah Island, the sophisticated waterfront property located on Abu Dhabi’s upscale business and lifestyle destination, welcomes Olivier Thomas as General Manager. With over 20 years of experience in the luxury …
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