Tag: property

DUBAI Dubai Investments DINV.DU said on Tuesday it is in initial talks to buy Union Properties’s UPRO.DU stake in Emirates District Cooling LLC (Emicool), in a move to take full control of the district cooling service provider. Emicool, an equally owned …
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Dubai’s real estate market is thriving because investors from all over the world were quick to realize that the returns they can get exceed the typical for the industry gains. During the past few years the market has matured and it has become much more …
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However, property experts predict that prices will slide further, suggesting that supply is increasing while demand is decreasing. Jalal Mamdouh, leasing coordinator at Prime Capital, said rental prices in Abu Dhabi are expected to decrease throughout …
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This follows the opening late last year of the Marriott Downtown, and is the 12th Abu Dhabi property in the Marriott-Starwood portfolio – and the 47th in the UAE. Before the hotel’s spectacular opening festivities I talk to Alex Kyriakidis, Marriott …
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Dubai property prices are now at levels not seen since late 2012 and early 2013 following an 18-month slide in values, according to listings site PropertyFinder. In a report, the company said median property sales prices in the emirate fell 20 per cent …
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Dubai real estate attracts significant interest from international investors, yet there is vast potential yet to be tapped. The emirate’s property sector witnessed a 25 per cent increase in overall transactional activity in the first quarter of this year.
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Brigadier Hamid Saeed Al Afrit, Deputy Director General of Security and Ports at Abu Dhabi Police, urged the public to desist from practices that may lead to material losses, environment pollution, or fires and put the safety of the community and property …
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The Dubai property sector has witnessed solid growth in the first quarter with about 25 per cent increase in overall transactional activity in the real estate sector during the period, said Sultan Butti Bin Mejren, the director general of the Dubai Land …
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This Eid Al Fitr, Dubai Properties is bringing a spectacular celebration to the streets of Jumeirah Beach Residence (JBR). From 25 to 27 June 2017, live performances and family-focused activities are set to entertain residents and visitors at the vibrant …
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The boom in Dubai’s residential off-plan sales will continue at least until year-end as buyers take advantage of less onerous payment plans and a greater choice of projects, said Propertyfinder Group, a leading real estate listings portal in the Middle East.
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Dubai’s Emaar Properties, a leading property developer and builder of the world’s tallest tower Burj Khalifa, has appointed Amit Jain, as the new group chief executive officer. An industry veteran, Jain has over 20 years of experience in senior positions …
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Off-plan sales now make up almost half of residential property deals in Dubai Master developers still expect full payment upon handover, but smaller developers offer more generous terms Banks increasingly willing to lend to buyers of late-stage under …
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The Abu Dhabi Securities Exchange (ADX) saw a positive performance in Tuesday’s early trades. The main index rose 0.09% or 3.96 points to reach 4,495.25 points by 11:05 am UAE time. The real estate sector grew 0.66% as Aldar Properties went up 0.85%.
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Abu Dhabi-based developer Aldar is on track with the construction … which will add to the 5,000 homes already within its leased residential portfolio. [[banner]] Residential properties include The Bridges, mid-market homes featuring studios to three …
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Marina Akhmedova, who previously held the role of specialty chef at The Cove Rotana Resort, Ras Al Khaimah has now been promoted to cluster executive chef at Centro Capital Centre and Capital Centre Arjaan. Akhmedova, a Russian national, holds a diploma in …
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UAE-based Aldar Properties said work is moving at a steady pace in its master-planned community on Reem Island, Abu Dhabi, with a 2.4-km canal now open and construction of the Vida Hotels and Resorts set to start this year. The newly-opened canal is …
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Dubai: Dana Gas shares tumbled on the Abu Dhabi Securities Exchange after rising swiftly for a couple of weeks, making it the most actively traded name on the bourse. Union Properties led gains in Dubai. Dana Gas shares tumbled 4 per cent to close at Dh0 …
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