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Tag: property

Posted on 19/06/2018

UAE residents can get visa against property they own

Can the title deed under my wife’s name be used as a valid document to apply for her visa? My wife and I have been living in the UAE for around four years under our own respective employment visas. Her employment tenure at her current company will come to …
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Posted on 15/06/2018

New UAE 10-year visa plan creates ‘buzz’ in property market

More business owners could be tempted to buy office space in the UAE rather than rent following the UAE’s recent decision to make major changes to rules around visas and foreign ownership of companies. The new laws, which have the potential to bring about …
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Posted on 13/06/2018

Abu Dhabi to more than double expat rent tax for some tenants

The increase comes at a bad time for landlords with Abu Dhabi rents and property prices already under pressure over the last year and a half due to the depressed job market and new supply. A first quarter report by real estate firm Asteco showed apartment …
( read original story …)


Posted on 12/06/2018

Dubai property ‘a money-laundering haven’

The report by the Washington-based Centre for Advanced Defence Studies, relying on leaked property data from the city-state, offers evidence to support the long-whispered rumours about Dubai’s real-estate boom. It identifies some $US100 million ($A131 …
( read original story …)


Posted on 12/06/2018

Indians probed by govt agencies are linked to high-end real estate in Dubai

INDIAN NATIONALS investigated by various agencies in India, including CBI, for alleged financial crimes and links to opaque offshore entities figure on a global database of those connected to properties in over 20 prime real estate projects in Dubai.
( read original story …)


Posted on 11/06/2018

Hyatt Capital Gate Abu Dhabi Rebranding As An Andaz

I wouldn’t want to stay here if my goal was to sightsee in Abu Dhabi, but for a quick overnight it’s an unbeatable option. The hotel is also a Category 4 World of Hyatt property, so it has been a great option if wanting to redeem an anniversary free …
( read original story …)


Posted on 11/06/2018

Dubai to waiver late property registration fee

RELATED ARTICLES: Sheikh Hamdan approves DLD restructure | DLD to use Artificial Intelligence to verify Ejari contracts | DLD reviews rental law with retail operators Dubai’s Executive Council has told the Dubai Land Department (DLD) to scrap a fine on …
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Posted on 11/06/2018

Weak rupee sparks NRI interest in Indian property

The slide in the Indian rupee seems to be encouraging non-resident Indians living in the UAE to further invest in their homeland, with lesser dependence on finance, reveals a survey conducted by the organisers of the Indian Property Show. Based on feedback …
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Posted on 11/06/2018

Developer unveils MidEast’s largest living green wall in Dubai

Dubai Properties has unveiled the Middle East’s largest living green wall at Dubai Wharf, located in the heart of Culture Village overlooking the historic Dubai Creek. Extending 210 metres in length and rising six metres high, the impressive vertical …
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Posted on 11/06/2018

Binghatti says economic reforms will trigger ‘significant growth’ in Dubai

RELATED ARTICLES: Dubai to waive late property registration fee | Abu Dhabi’s $13.6bn cash package set to boost infrastructure | Developers laud UAE’s ‘landmark’ long-term visa Economic reforms including a waiver on late property registration fees will …
( read original story …)


Posted on 11/06/2018

New UAE Stimulus Likely to Easy Pressure on Real Estate Sector

Real estate prices have been on the decline for the last three years due in large part to oversupply from the off-plan market, and not enough demand to meet handovers. 33,000 units were delivered over 2016 and 2017 in Dubai, with 2018 forecast to deliver …
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Posted on 10/06/2018

NRIs in UAE keen on buying Indian property

About 42.34 per cent of non-resident Indians (NRIs) in the UAE responding to a survey conducted by the Indian Property Show organizers declined requirement for finance to buy property – up from 33.66 per cent a few months ago. The slide in the Indian …
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Posted on 09/06/2018

UAE attempting to buy property in occupied East Jerusalem, Palestinian cleric warns

The United Arab Emirates allegedly trying to buy up property in occupied east Jerusalem close to the Al-Aqsa mosque, a Palestinian cleric has warned. The United Arab Emirates allegedly trying to buy up property in occupied east Jerusalem close to the Al …
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Posted on 07/06/2018

Dubai Properties unveils ‘Living Green Wall’ at Dubai Wharf

Dubai Properties has unveiled what it calls the Middle East’s largest living green wall at Dubai Wharf as part of its initiative to promote sustainable living. An announcement from the real estate major said the structure, located in Culture Village …
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Posted on 07/06/2018

Abu Dhabi’s Dh50bn stimulus will boost economic growth, property market

The new Dh50 billion stimulus plan for Abu Dhabi announced late Tuesday by Sheikh Mohammed bin Zayed, the Crown Prince will help lift gross domestic product growth, increase consumption and revitalise the property market as the government takes advantage …
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Posted on 07/06/2018

Residency boost for Dubai and Abu Dhabi

A decision to extend visas to 10 years for some professionals is seen as a boon for a foreigner-dependent United Arab Emirates property industry that’s been in the doldrums… As homebuilders in Dubai and Abu Dhabi think up extravagant incentives to shake …
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Posted on 06/06/2018

Abu Dhabi fund named world’s biggest real estate investor

Abu Dhabi Investment Authority (ADIA) has been named the world’s biggest real estate investor with assets exceeding $62 billion. The sovereign wealth fund topped a list of the world’s top 10 property investors in a research note published by Indosuez …
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