Tag: property

LONDON, 17th November, 2018 (WAM) — Sultan Butti bin Mejren, Director-General of the Dubai Land Department, DLD, inaugurated the Dubai Property Show – London. ‎During the show, which will run for thr…
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Conversations about the current state of the real estate and equity markets in the UAE tend to ignore some basic parameters. Both about how value is created, as well as how it becomes mainstream …
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The UAE’s banking sector has played a pivotal role in fulfilling the aspirations of thousands of people to own their ‘dream home’ in the emirates, but a lot more can be done to further catalyse the gr…
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Emaar Properties PSJC reported the lowest quarterly profit in almost three years, showing that Dubai’s lengthening real estate slump is starting to weigh down even its most resilient builders. Emaar, …
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Dubai-based developer Damac Properties on Wednesday announced total revenue of AED5.2 billion ($1.4 billion) and net profit of AED1.1 billion ($300 million) for the first nine months of 2018. During t…
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The company said it now has a total sales backlog of AED38.53 billion, which will be recognised as revenue in the next three to four years. Emaar Development, the build-to-sell property development bu…
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Prime Minister Imran Khan’s sister Aleema Khan was penalised on her undeclared property in Dubai after which she paid half of the total cost to the tax authorities, a local media outlet said Thursday. …
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ISLAMABAD: In an effort to avoid imminent legal action for owning undeclared overseas’ assets, Prime Minister Imran Khan’s sister, Aleema Khan, has deposited half of her Dubai property’s total cost wi…
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Dubai’s largest listed developer Emaar Properties reported a 29 percent fall in third quarter profit on Wednesday, below analysts’ forecasts. The developer of the Burj Khalifa, the world’s …
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The developer of the Burj Khalifa, the world’s tallest building, did not say why profit fell, though Dubai’s property market has been suffering from a prolonged downturn.REUTERS | November 15, 2018, 0…
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It’s a week Dubai companies would like to forget. The biggest of them, in real estate and aviation — industries underpinning the economy of the Middle East business hub — posted lower profits. The b…
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ABU DHABI, Nov 15 (Reuters) – Aldar Properties, the largest property developer in Abu Dhabi, on Thursday reported a 30 percent fall in third-quarter profit due to higher costs and the lack of governme…
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Guests in rooms facing the front of the five-star property also enjoy spectacular views over the Abu Dhabi Presidential Palace and the nearby coastline. After being checked-in by the attentive …
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Abu Dhabi developer Aldar Properties reported a 30 per cent dip in third quarter profit on Thursday as a slump in the emirate’s real estate marked continued. Aldar’s profit attributable to its …
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Dubai Land Department (DLD) will launch the third edition of the Dubai Property Show in London on Friday as the emirate looks to lure more British real estate investors. The show, which runs from Nove…
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DUBAI: One of the UAE’s leading property developers believes that the property market will pick up again by 2021. Hussain Sajwani, the billionaire founder and chairman of Dubai-based Damac Properties, …
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There is a new world to discover at The Abu Dhabi Edition Hotel in Abu Dhabi We felt very privileged this week to have a sneak peek at a gorgeous new property in Abu Dhabi, the first of its kind bouti…
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