· The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities Cavendish Maxwell, a leading property consultancy and chartered surveying firm headquartered in Dubai …
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DAMAC chairman calls bottom for Dubai property market, sees value in Brexit
DAMAC Properties Chairman Hussain Sajwani sees at least two years of recovery ahead before Dubai’s property market fully rebounds. The UAE’s commercial hub has suffered a bruising year, with Dubai’s s…
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UPDATE 1-Dubai property developers put bond plans on hold -sources
DUBAI, Jan 21 (Reuters) – Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue U.S. dollar-denominated bonds, Emaar and sources familiar with the bond issues said …
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Dubai property developers put bond plans on hold – sources
DUBAI, Jan 21 (Reuters) – Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue U.S. dollar-denominated bonds, Emaar and sources familiar with the bond issues said …
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Dubai property developers put bond plans on hold
Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue US dollar-denominated bonds, Emaar and sources familiar with the bond issues said, amid a real estate …
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Award-winning agency sets big Dubai real estate sales target in Chinese market
Dubai: After a second successive award-winning year in Dubai real estate, Firas Al Msaddi, CEO of fäm Properties, has set fresh targets for 2019 when he says at least 50% of the company’s sales will c…
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UAE Britons watch nervously as Brexit threatens their retirement plans
Property prices and visa rights are causing a headache for thousands in UAE Brexit is persuading more Britons to move to the UAE and has thrown existing residents’ retirement plans into chaos. The UK’ …
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Company director who helped manage Abu Dhabi Royal Family’s £5.5billion London property estate WINS unfair dismissal case after being sacked for looking after his terminally …
A director of a company that managed the Royal Family of Abu Dhabi’s £5.5bn London property portfolio was unfairly sacked after pointing out that to make an unscheduled meeting he would have to arrang…
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Company director who helped manage Abu Dhabi Royal Family’s properties wins unfair dismissal case
A director of a company that managed the Royal Family of Abu Dhabi’s £5.5bn London property portfolio was unfairly sacked after pointing out that to make an unscheduled meeting he would have to arrang…
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2018 Dubai property market report at annual breakfast briefing: Cavendish Maxwell
· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C…
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VOT the new buzzword in Dubai property market
Vacant on Transfer (VOT) has become the new market buzzword, while secondary market sales transfers showed an uptick in transactions in 2018, according to an industry expert. The term, mainly used for …
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KG Group buys major stake in Dubai real estate group
KG Group, a leading manufacturer and distributor of products for the automotive, logistics and cement and mining industries, has acquired a major stake in Virtue Properties, a Dubai-based boutique rea…
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Tenants upsize from central locations to outer lying areas in Dubai
Several families in Dubai are moving from centrally located communities to secondary areas. These outer lying communities offer lower prices and the appeal of moving to a new property. “We are seeing …
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Cavendish Maxwell releases 2018 Dubai Property Market Report at its annual breakfast briefing
· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C…
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Residential property market expected to continue to soften in 2019 in Abu Dhabi
Sales of apartments in Abu Dhabi fell by 9% on average in 2018 while villas sales were down by 4%, according to the latest residential real estate report for the Emirate. Overall, sales activity for c…
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Abu Dhabi National Hotels secures loan to acquire Dubai-based properties
First Abu Dhabi Bank and Abu Dhabi National Hotels (ADNH) have signed an AED 1.6bn loan facility agreement, which will provide ADNH with the financing capability to acquire Dubai-based hotels. The agr…
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Abu Dhabi National Hotels secures Dh1.6bn loan for acquisitions
Abu Dhabi National Hotels secured a Dh1.6 billion loan from First … a subsidiary of Dubai’s biggest listed developer Emaar Properties. The value of the deal was not disclosed and the transaction was …
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