Dubai Properties, a leading Dubai-based real estate master developer of renowned destinations across the emirate will showcase an impressive realty portfolio at Cityscape Global 2017, exhibiting alongside other Dubai Holding companies including Dubai …
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Dubai property development worth £250m will accept Bitcoin payment
Aston Property Ventures has announced the development of two luxury apartment towers and a shopping mall in the heart of Dubai – its first major venture into the property development world. A global announcement this week details the first joint business …
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Dubai property market sentiment worse than last year – survey
Only a third of people in Dubai believe the emirate’s property market has shown signs of recovery, indicating worse sentiment than last year, according to a survey by Core Savills. The real estate firm said respondents were less positive that the market …
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First of Dubai Properties’ Water Homes Arrive at Marasi Business Bay
Dubai Properties, a leading Dubai-based real estate master developer celebrated the spectacular voyage of the UAE’s first-ever water home as it made its way along the city’s newest attraction – the Dubai Water Canal – to berth at Marasi Business Bay on …
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Abu Dhabi property slump to continue amid recovery signs in Dubai, Sharjah
The Abu Dhabi residential property market is expected to see further corrections in the coming months but there are signs of improvement in Dubai and Sharjah, according to consultancy Cluttons. In its UAE report, the firm forecast the emirates …
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UAE Property Market Poised For Growth in 2018
According to the latest property report from Cluttons, as the UAE government pioneers fiscal adjustment in the region in response to declining oil prices, milestones such as Expo 2020 and the introduction of VAT will play a key role in boosting the country …
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Segments of UAE Property Market Set for Growth in 2018
· Dubai residential capital values stabilise with downward corrections nearing an end · DIFC stamps authority as regional business hub with injection of new Grade A space As the UAE government pioneers fiscal adjustment in the region in response to …
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Isle of Man firm to launch 250 mln-pound Dubai property priced in bitcoin
NEW YORK (Reuters) – The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a residential and commercial property development in Dubai valued at 250 million pounds ($325 million), with residences that …
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Dubai Luxury Property Go on Sale for Bitcoin
This week Scotland’s two business luminaries, Baroness Michelle Mone and Douglas Barrowman, have announced the sale of 2.4 million square feet of Dubai residential property will be sold for bitcoin. The residential 40-storey tower apartments will be the …
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Isle of Man firm to launch 250 million-pound Dubai property priced in bitcoin
NEW YORK (Reuters) – The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a residential and commercial property development in Dubai valued at 250 million pounds ($325 million), with residences that …
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Emirates Towers Business Park to revive Dubai property market?
The recently announced AED5 billion ($1.36 billion) Emirates Towers Business Park is set to revive Dubai’s commercial property market after it has experienced slow growth over the past six months, according to the latest Dubai Office Market Bulletin for …
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UAE developers reveal property plans ahead of Cityscape
LONDON: UAE developers have revealed plans for a slew of new projects ahead of next week’s annual Cityscape real estate exhibition in Dubai. Nakheel, the developer behind Dubai’s Palm Islands, said it would launch projects worth more than 3.2 billion …
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Rate of Abu Dhabi property price declines gathers pace in H1
The rate of decline in Abu Dhabi residential property prices has increased in the first half of 2017 compared to the year-earlier period, according to Core Savills. Its latest report said that Abu Dhabi’s real estate market is witnessing a period of …
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Abu Dhabi property firms plan merger as market faces slowdown
Two major Abu Dhabi real estate developers, Eshraq Properties and Reem Investments, said on Wednesday they aimed to merge as an economic slowdown in the emirate puts the housing market under pressure. The companies said discussions were at an advanced …
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Abu Dhabi property developers Eshraq and Reem in ‘advanced talks’ for merger
Abu Dhabi real estate companies Eshraq Properties and Reem Investments confirmed that they are currently holding “discussions at an advanced stage” for a potential merger. If completed, the merger will create the second largest listed real estate …
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Abu Dhabi property firms plan merger as market struggles
DUBAI (Reuters) – Two major Abu Dhabi real estate developers, Eshraq Properties and Reem Investments, said on Wednesday they aimed to merge as an economic slowdown in the emirate puts the housing market under pressure. The companies said discussions were …
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Dubai’s property ladder
The lure of Dubai property has always been too good to resist for investors from the Sub-Continent. No surprise then that Indians have yet again topped the list of non-Arab investors pumping in money into Dubai real estate. According to statistics from the …
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