I am a US expat currently living with my family in a Jumeirah 3 villa, but we are planning to move to a villa in Barsha 1 at the end of June to be closer to the kids’ school. After an extensive (unsuccessful) search of properties listed in the area with …
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Dubai Properties breaks ground on Dubai’s newest…
Launched by Dubai Holding and Dubai Properties Group in May 2016, the Dh1 billion mixed-use Marasi Business Bay is well on track to becoming the city’s most sought-after waterfront destination. Dubai Properties, a leading Dubai-based real estate master …
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MIDEAST MONEY-Property, minority holders keep Dubai stocks down despite positives
* Dubai is worst-performing big bourse in region, apart from Qatar * Economy is strong, valuations low * But heavy exposure to real estate is dampening market * Some disappointed shareholders withdraw from market * M&A, raising foreign limits may spark …
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Hilton announces new Abu Dhabi property on Yas Island
Hilton and Miral announce their newest project, a 641-room room resort located on Yas Island. The new property, Hilton Abu Dhabi Yas Island Resort, will be located on a 3 km stretch of Yas Bay. This 641 room Hilton resort is to become part of the …
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Dubai Properties launches sale of Casa Viva townhouses
Dubai Properties, a leading Dubai-based real estate master developer and asset manager, has launched the sales of its Casa Viva townhouses, marking the third phase of its master-planned, family-friendly Serena community at Dubailand. Inspired by Spanish …
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UAE property market is changing: here’s what you need to know
New research from Allsopp & Allsopp, Dubai-based residential real-estate firm, has revealed landlords are now much more confident accepting four or more rent cheques a year rather than one. As of May 2017, some 33 per cent of tenants who found their ideal …
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Emaar to list UAE property business
June 9 (IFR) – Emaar Properties plans to offer up to 30% of its United Arab Emirates real estate development business in what would be the first listing on the Dubai exchange since Emaar Malls 2-1/2 years ago. The IPO is the result of an internal review of …
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What a solid property investment in Dubai looks like
I am about to purchase an investment property and would like to hear your opinion before going ahead. The property I am interested in buying is located in the Jumeirah Village Circle area of Dubai. It is a four-year-old, three-bedroom flat spread over …
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Emaar plans IPO of up to 30% of UAE property business
Emaar Properties, the global real estate company, has announced that it plans to offer up to 30% of its UAE real estate development business in an initial public offering (IPO), which will be the largest since the Emaar Malls IPO in 2014. In a statement to …
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Emaar to sell 30% of UAE property business
Dubai: Emaar Properties, the Dubai-based developer, plans to sell as much as 30 per cent of its real estate development business in the UAE in an initial public offering (IPO). The funds raised will primarily be distributed as a dividend to Emaar’s …
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Emaar to sell up to 30% of UAE property business in Dubai IPO
Dubai: Emaar Properties PJSC, the Dubai-based developer of the world’s tallest skyscraper, plans to sell as much as 30% of its real estate development business in the United Arab Emirates in an initial public offering. The funds raised will primarily be …
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Abu Dhabi’s Al Maha Arjaan Rotana completes US$14m renovation
The completed renovation encompasses the property’s 288 guestrooms … Al Maha Arjaan by Rotana has always been an iconic hotel in Abu Dhabi. The renovation project was an important step for our owners and for Rotana to provide new levels of accommodation …
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Abu Dhabi’s Al Maja Arjaan Rotana completes US$14 million renovation
The completed renovation encompasses the property’s 288 guestrooms … Al Maha Arjaan by Rotana has always been an iconic hotel in Abu Dhabi. The renovation project was an important step for our owners and for Rotana to provide new levels of accommodation …
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To the infinity pool and beyond: New hotel opens in Dubai with the most Instagram-worthy sun-loungers in the city
this marks the first international property for Dukes under the Dukes Collection umbrella.’ Dukes Dubai consists of 279 guestrooms, including 64 suites, a ladies-only Liberty Duchess floor featuring 20 rooms furnished exclusively by Liberty Fabrics …
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Bloom Properties commences main construction works of Soho Square at Saadiyat in Abu Dhabi
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has commenced the main construction works at its ‘Soho Square’ urban development on Saadiyat in Abu Dhabi. Bloom Properties has …
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What happens when your rented property gets a new owner?
You may reside in the property until the expiry of your tenancy contract in accordance with Article 28 of Law No. 26 of 2007 regulating the relationship between landlords and tenants in Dubai, which states, “Transferring the ownership of real property to a …
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Abu Dhabi index leads regional losses on selling in banks
Dubai: The Abu Dhabi index fell more than 1.5 per cent weighed by selling in First Abu Dhabi Bank and Aldar Properties. The Abu Dhabi Securities Exchange closed 1.65 per cent lower at 4,427.30. First Abu Dhabi Bank closed 3.65 per cent lower at Dh10.55 …
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