The Real Estate Regulatory Agency (RERA) has partnered with the Commercial bank of Dubai (CBD) to offer escrow account management services to Owners Association (OA) communities in Dubai. The deal was …
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SellAnyHome.com’s Buyer Pool Have Shown Interest To Spend Over AED 640 Million In Dubai Real Estate And That Number Is Growing Every Month!
Home buyers have been growing at astronomical rate since Sellanyhome.com announced it would open its platform to end users. “Our buyer pool has increased 600% since January and is a clear signal of ho…
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New guide helps Dubai hotels go green
Dubai undoubtedly has the potential to strategically position itself as a landmark for sustainability by ensuring all hotel properties are engaging in responsible practices”, Lootah said. Dubai Touris…
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Fresh hope for Dubai Lagoon investors
The renewed plea comes in the wake of the Dubai Land Department (DLD) announcing last week that it would seize the plots and properties of Schon Properties, developer of the DIP project Dubai Lagoon. …
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Dubai Rera partners with CBD on escrow services
The Real Estate Regulatory Agency (Rera) at Dubai Land Department has signed a partnership agreement with Commercial Bank of Dubai (CBD) for offering escrow account management services to Owners’ Asso…
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First look inside the refurbished Address Downtown Dubai
Chris Whiteoak / The National There are 16 room categories to choose from in this 220-room property, from deluxe rooms to suites, several of them offering views of the Burj Khalifa and The Dubai Fount…
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Consolidation stares small Dubai realtors in the…
The Dubai Land Department’s (DLD) recent decision to seize the properties and plots of land registered in the name of Schon Properties and its funds deposited in an escrow account reflects how the reg…
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Dubai’s Danube Properties says 350 units in Lawnz project sold out in four hours
Dubai developer Danube Properties announced that its latest project – the Dhs550m Lawnz in International City – has been sold out within five days of its launch. The project’s first phase was launched …
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MIDEAST STOCKS-Property pulls back UAE; Saudi stocks fall on oil volatility
DUBAI, Aug 9 (Reuters) – Weakness in property shares weighed on the Abu Dhabi and Dubai markets on Thursday in fallout from an earnings miss by Aldar Properties, while oil price volatility hurt Saudi …
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Millennials Interested in UAE Property Need to Check This
Millennials in Dubai (aged between 25 to 37 years on average) are slowly stepping on to the property bandwagon, owing to attractive payment schemes and reduced housing prices. Up until a few years ago …
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Revealed: where property rents, prices have fallen most in the UAE since 2016
Asking prices for property rent and sale are generally down across Abu Dhabi, Dubai, and the Northern Emirates, with the exception of Sharjah, where apartments for sale have remained in positive terri…
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Aldar Properties Q2 profit drops 28%, misses estimates
Aldar Properties, Abu Dhabi’s largest property developer, on Tuesday missed estimates with a 28 per cent fall in second-quarter profit which it blamed on a revaluation of properties related to its ret…
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Abu Dhabi to build community market, service station
Abu Dhabi City Municipality has signed agreements with property developers to construct a community market in Mohammed bin Zayed City and a service station for residential districts at Al Shawamekth c…
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Aldar Properties’ revenue surges to $816m in H1
Aldar Properties, a leading real estate developer in Abu Dhabi, UAE, has delivered a resilient underlying performance across its businesses for the first half of 2018 compared to the same period last …
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Dubai Builder Sees Property Slump Lasting for Years
A United Arab Emirates developer who says he’s waiting for a market rebound before starting a $4 billion project expects the country’s property slump to run for another three years, despite the govern…
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Abu Dhabi Municipality Signs Two Agreements for Community Markets at Mohammed Bin Zayed City, Service Station at Al Shawamekh
HE Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality, has signed two agreements with property developers. The first relates to constructing a community market in Mohammed bin Zayed …
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New facilities to improve Abu Dhabi suburbs
“Within Abu Dhabi city, residents live in apartments that are managed by property management companies and landlords, and who therefore provide the requisite services to tenants. In the suburbs, resid…
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