Tag: property

Dubai residential apartment and villa rental rates and sales prices continued to decline in the second quarter with further reductions expected over the next three months, according to real estate fir…
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Dubai’s real estate brokerage commissions have increased to reach $155 million during the first half of the year, with a total of 5,181 brokers, representing 2,113 offices, contributing to the sustain…
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Average villa and apartment sales prices fell by 4 percent during the second quarter of 2018, with an annual drop of 11 percent, according to Asteco. Its Dubai Real Estate Report Q2 2018 said the decl…
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Emaar Properties will be building a Chinatown, claimed to be the biggest in the Middle East, as an additional retail component to its Dubai Creek Harbour project, the developer announced today. The re…
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Dubai, a relative newborn on the world stage, was a city built around cars. And even though its economy is more diversified than those of its Gulf neighbors, this desert metropolis still feels ripple …
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Dubai-based Emaar Properties plans to double its investments in Egypt to 100bn Egyptian pounds ($5.6bn) over the next five years, a local newspaper quoted the group’s chairman Mohamed Alabbar on Tuesd…
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The city’s real estate market suffered considerably when oil prices collapsed in 2014, hitting the budgets of some of Dubai’s most affluent residents and foreign buyers. The market for off-plan sales …
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ISLAMABAD: Federal Board of Revenue (FBR) has declared that it has received detailed information about secret properties and income of Pakistanis in Dubai. As per media reports, regarding this matter, …
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The cost of renting and buying property in Abu Dhabi has decreased overall from H2 2017 to H1 2018, as per Bayut.com’s H1 2018 market report for Abu Dhabi. -Average apartment rental prices fell, but p…
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Real estate brokers in Dubai earned more than 30 per cent less in commission in the first half of 2018 than they did in the same period last year, according to Dubai Land Department. Official figures …
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RELATED ARTICLES: Dubai Properties unveils Middle East’s largest living green wall | Sheikh Hamdan approves DLD restructure | Project update: Inside Dubai Properties’ minimalist $272m 1/JBR tower Duba…
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The sales market has been buoyant in the off-plan sector but troubled in the secondary market for some time now. Prices have been sliding since 2015 due to the oil price crash and resulting issues aro…
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Abu Dhabi City Municipality has already started the process of tearing down the 44 eyesore properties, with work underway to remove the rest. The municipality has said that they are among a total of 9…
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Dubai-based Central Hotels is growing its footprint rapidly with the soft opening of its new five-star resort at The Palm, Dubai. The stunning Royal Central Hotel features 207 elegantly-appointed room…
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Dubai Land Department (DLD) has announced a strategic partnership with Dubai Properties (DP), a member of Dubai Holding, to promote Dubai’s real estate sector. The agreement was signed by Sultan Butti …
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Dubai’s residential market is continuing to feel the pressure of property oversupply, according to Chestertons. Its latest Observer: Dubai Q2 2018 report said overall rental rates for apartments and v…
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The UAE cities of Abu Dhabi and Dubai have seen some of the world’s biggest property price declines in the past 12 months, according to Knight Frank. Its latest Global Residential Cities Index Q1 2018 …
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