and a certified copy of any priority document); Patent application undergoes formal examination at the UAE Patent Office and substantive examination at the search authority in Austria under the superv…
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Average Dubai property prices said to be down 20% on 2014 peak
Average Dubai property prices are 20 percent below peak values recorded in mid-2014, according to real estate consultants ValuStrat. The ValuStrat Price Index (VPI) for residential properties in Q2 wa…
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Abu Dhabi sees largest rental declines for 12 months in some areas
Read: Revealed: Where Abu Dhabi property prices, rents rose and fell in Q1 The real estate consultancy said apartment rents were down 2 per cent and villa rents 4 per cent from the first to the second …
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DCT Abu Dhabi, Emaar Sign Agreement, Support Local Publishing Industry
DCT Abu Dhabi has signed an agreement with Dubai-based Emaar Properties to support the ‘Promoting Culture’ initiative. The initiative seeks to enrich the reading community in the UAE and the Arab regi…
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Abu Dhabi, Al Ain house rents continue to decline
Villa and apartment rents recorded a continued decline in Abu Dhabi and Al Ain in Q2 2018, according to Asteco, a property services company. In Abu Dhabi, apartment and villa rents decreased by two pe…
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Why Affordability Is The New Buzzword in Dubai Real Estate
Affordability wasn’t written into Dubai’s design brief. The ‘build it and they will come’ mentality saw developers race to fill the desert with glitzy skyscrapers, transforming the fortunes of the cit…
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Dubai property transactions sink despite government efforts to woo investors
Real estate transactions in Dubai reached a value of AED111 billion (USD30.2 billion) in the first half of 2018, Emirati officials revealed Saturday. This is down, however, from the AED132 billion in …
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Institutional investors set their sights on Dubai property
Institutional interest has been steadily rising in Dubai real estate. These players typically include banks, real estate investment trusts (Reits), insurance companies, etc. Although they have been pr…
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Dubai property deals fall in first half as emirate rolls out reforms
Dubai Land Department (DLD) said the value of real estate transactions in the first six months of 2018 was 111 billion dirhams ($30.2 billion) across 27,642 transactions. The DLD did not provide compa…
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Dubai real estate records Dh111 billion in H1…
Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through 27,642 transactions. Overall property transactions …
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Dubai real estate records Dh111 billion in H1 deals.
Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through 27,642 transactions. This represents an approximat…
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Properties’ Prices Keep Falling in Dubai
The cost of renting and buying property in Dubai has decreased since H2 2017, but most price falls remain modest, according to Bayut.com. Haider Ali Khan, CEO of Bayut, said: “Renters and buyers are s…
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No summer vacation for the Dubai property market
It has been said that the property market in Dubai tends to hibernate over the summer months, with a lull that doesn’t pick up again until about mid-September. I must say that this has not been my exp…
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Revealed: Where Dubai property rents, prices decreased the most in H1 2018
Dubai’s residential property market continued to experience sales price and rental declines in the first half with apartments hit particularly hard, according to listings site Bayut. The company said in a report that apartment rentals saw some of the …
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Kingspan sees ‘huge potential’ in the UAE property
RELATED ARTICLES: Kingspan begins manufacturing of Thermaroof in UAE | Dubai: Kingspan Kooltherm receives DCL conformity | Kingspan acquires Rigidal of Dubai in $38.6m deal Kingspan is a dynamic, diverse business, with a global reach. The group comprises …
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Dubai Properties draws big response at China show
Dubai Properties, a member of Dubai Holding, drew high interest for its upscale projects from investors and potential buyers in China at the recently concluded Luxury Property Showcase (LPS)Beijing 2018, a leading luxury property show. A key highlight of …
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Fidu Properties to invest USD 544 million in Dubai real estate by end of 2018
Fidu Properties, a Chinese real estate group, announced that it plans to invest USD 544 million into Dubai’s real estate sector by the end of 2018, as part of its regional expansion strategy. In a statement, the developer said that it would soon be …
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