Dubai Property Festival (DPF), a three-day sales and purchase event which opens next month at Dubai World Trade Centre, will contribute to stimulating sales and purchases in the emirate’s real estate market, said the organisers. The festival is being …
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Emaar and Aldar property alliance underscores new economic landscape following oil rout
It comes as UAE property developers are under increased pressure amid a weak housing market, faltering consumer confidence and expatriate job losses. “We are in a new economic reality, one that commenced four years ago with the oil rout. I think the best …
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Dubai’s real estate continues to shift towards affordable homes
(MENAFN – Khaleej Times) Dubai’s real estate sector outperformed many other economic sectors of the emirate last year, with 6 per cent growth in the transaction value reaching Dh285 billion in 2017, up from Dh268.7 billion recorded in 2016, according to …
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VAT Has Limited Impact on Real Estate Sector
The Federal Tax Authority (FTA) and Dubai Land Department (DLD) have confirmed that the UAE’s recently introduced VAT will have a limited impact on the real estate sector. FTA and DLD have stated that all real estate transactions, with the exception of …
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Ahead of Expo 2020, Dubai Gets a Makeover
will have views of Downtown Dubai and The Dubai Creek Tower Emaar Properties “The Expo for me personally is an opportunity for this incredible city to display its unique qualities to the world,” says Jason Hayes, founder and CEO of Luxury Property …
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New UAE blockhain “token” buys you stake in lucrative property investments
Evareium has been launched to pioneer crowdfunding and management of direct investments in real estate, starting in Dubai and the GCC region before evolving globally. Evareium provides the means for investors can relinquish the burden of having to …
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Abu Dhabi’s Aldar and Dubai’s Emaar form $8bn property JV
Abu Dhabi’s Aldar Properties and Dubai’s Emaar Properties – two of the UAE’s largest real estate developers – have created a joint venture (JV) worth $8.1bn (AED30bn). An agreement was signed between Emaar chairman, HE Mohamed Alabbar, and Aldar …
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Emaar and Aldar to launch joint projects worth up to $8.2 billion
DUBAI/ABU DHABI (Reuters) – United Arab Emirates (UAE) developers Emaar Properties and Aldar Properties signed a joint venture agreement on Tuesday to develop local and international projects worth as much as 30 billion dirhams ($8.2 billion). The state …
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Dubai’s Emaar enters $8.2bn partnership with Abu Dhabi’s Aldar
Dubai’s Emaar Properties has entered into a partnership with Abu Dhabi’s Aldar to develop UAE and global real estate projects worth Dhs30bn ($8.18bn). The deal was announced on Twitter by state media agency WAM before being confirmed by UAE Vice …
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VAT to have ‘limited’ impact on Dubai’s property sector
The recent introduction of value added tax (VAT) in the UAE is expected to have only a “limited” impact on Dubai’s real estate sector, according to the Federal Tax Authority (FTA) and Dubai Land Department (DLD). The UAE began implementing VAT at a …
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Emaar Properties : Abu Dhabi advance while region dips
Dubai: Dubai dropped 0.3 per cent yesterday as financial and construction stocks weighed on the index while Abu Dhabi gained 0.2pc with support from consumer and telecoms stocks. Emaar Properties closed 0.5pc up after finishing near a 20-month low on Sunday.
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Obtaining a Dubai Visa Residency for Property Owners
Dubai features among the top cities in the world for expatriates owing to better job opportunities, earning potential, world-class healthcare facilities, safety, security and the quality of life that it offers. It is for this reason that instead of living …
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The Dorchester DUBAI! Stunning renderings reveal how London’s A-lister favourite is set for a very modern sister property in the Middle East
The Dorchester London is one of the world’s most iconic hotels – it attracts a roster of A-list clients and even the Queen has visited. And now the five-star luxury landmark is set to get a sister property in Dubai – but with very different styling.
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UAE millionaires second-most confident in the world on financial outlook
The research was conducted among over 5,400 millionaires with at least $1 million investable assets (excluding property). The global sample was split across nine markets such as Germany, Hong Kong, Italy, Singapore, Switzerland, Taiwan, the UAE …
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Dubai Financial Market : MAG Robotic Investments and Emaar Properties PJSC join forces to develop a fully automated parking facility at Dubai Marina
MAG Robotic Investments has signed a contract with Emaar, the global property developer based in the UAE, for the development of a fully automated parking facility on a Build Operate Transfer (BOT) basis at Dubai Marina. The automated parking facility …
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Video: World record for largest aerial projection broken in Dubai
UAE property firm Wasl Asset Management has broken the world record for the largest aerial projection screen, the company announced on Tuesday. The screen took to the skies over Dubai in celebration of the Year of Zayed, the country’s commemoration of …
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UAE Intellectual Property Awareness Drive spearheaded by the Japan External Trade Organization
DUBAI, DUBAI, UAE, March 1, 2018 / EINPresswire.com / — The Middle East Intellectual Property Group (ME-IPG) of Japan are conducting an education drive as part of their commitment to the fight against counterfeit goods. The events will be held at Festival …
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