Being driven into The Ritz Carlton Complex, you see villas on your right and expansive grounds on your left – but that doesn’t prepare you in any way for the sheer size of this property located near Khalifa Park in Abu Dhabi. For guests checking in or …
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The Ritz Carlton Grand Canal Abu Dhabi review
Being driven into The Ritz Carlton Complex, you see villas on your right and expansive grounds on your left – but that doesn’t prepare you in any way for the sheer size of this property located near Khalifa Park in Abu Dhabi. For guests checking in or …
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Shah Rukh Khan in a fix with the IT department over his Dubai property
Readers may be aware that Bollywood superstar Shah Rukh Khan, who owns the palatial Mannat in Mumbai, also has invested in property in Dubai which has now come under scrutiny for taxation. The Income Tax Appellate Tribunal (ITAT) recently passed a rule …
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Indians are biggest investors in UAE real estate…
In an effort to attract more investments from Indians, the 13th edition of the International Property Show, which will be held from April 2nd to 4th this year at Dubai World Trade Centre, will have some of the best properties on display. Looking for …
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Indian foreign investors top UAE property transactions
The total real estate investments last year reached AED 91 billion from 55,928 investors. Indian nationals ranked highest in terms of both volume and value among foreign investors with AED 12 billion worth of property transactions from 6,263 buyers.
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Aldar Properties : to increase operational income to Dh2.2 billion by 2020
Abu Dhabi: Aldar Properties is planning to increase net operational income from Dh1.6 billion in 2016 to Dh2.2 billion in 2020, chairman of the company Abu Bakr Seddiq Al Khouri said at the company’s annual general meeting in Abu Dhabi on Monday.
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Aldar Properties : to further develop Yas, Reem
ABU DHABI – Aldar Properties PJSC, Abu Dhabi›s leading listed property development, investment and management company, announced Monday further details of its current investment program. This program will expand Aldar’s asset management portfolio …
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Aldar to invest $517m on Yas, Reem islands
The Abu Dhabi-listed Aldar Properties says it is to invest AED 1.9 billion ($517 million) in four new projects on Yas and Reem islands. The allocation of the recurring revenue on the projects completes a AED 3 billion investment programme, the developer said.
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Aldar Properties : Abu Dhabi developer Aldar sets sights on Yas and Reem projects
Aldar Properties expects to invest Dh1.9 billion in developing four new projects on Reem Island and Yas Island in Abu Dhabi as part of the company’s plans to boost its recurring revenue. Abu Dhabi’s largest listed property developer said on Monday in a …
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Property market in Dubai stabilises but still declining in Abu Dhabi
The residential real estate market in Dubai is showing signs of having bottomed out with the latest sales and price figures moving into positive territory in February. The Dubai residential property sales price index from ReidIn increased by 0.3 points, an …
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DIFC WPR set for Dubai property show debut
The DIFC Wills & Probate Registry (WPR), a public entity of the Dubai government, is set to take part for the first time in the International Property Show (IPS), which kicks off in Dubai, UAE, next month. The WPR provides legislative certainty that a …
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Perception that Dubai properties are expensive is wrong: Sanjay Sachdev, MD – sales & marketing, Sobha Group
Property market in Dubai is seeing lot of interest from Indian buyers. Sanjay Sachdev, MD – Sales & Marketing, Sobha Group says that interest from Indian home buyers have inched up considerably due to demonetization and a slowdown in the property market in …
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Real Estate sector dominates Abu Dhabi Foreign investment
19.03.2017: Property laws and regulations increase investor confidence as developers prepare to launch new projects at Cityscape Abu Dhabi Property laws and regulations increase investor confidence as developers prepare to launch new projects at Cityscape …
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Teens jailed for dangerous stunt with stolen pickup
Abu Dhabi: The public prosecution in Al Ain has ordered imprisonment for two Emirati teenagers who performed a dangerous stunt on a stolen pickup and damaged public properties near Al Ain Airport. They put the lives of motorists, pedestrians and other …
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How UAE's property sector may be impacted by 5% levy
The UAE’s Ministry of Finance has yet to issue specific guidance in relation to VAT on residential and commercial property. A five per cent value-added tax (VAT) on property transactions is expected to impact only big-ticket investors and those dealing …
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Aldar Properties : Water taxis available for Abu Dhabi beach festival visitors
Abu Dhabi: Water taxis will be put in place to help facilitate alternative access for visitors to a beach festival in Abu Dhabi’s Al Muneera area, Aldar Properties has announced. Aloha Festival, a five-day free beach lifestyle festival that will be held …
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Dubai Properties’ versatile 22,000+ unit residential leasehold portfolio responds to Dubai Market Dynamics
Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager’s leasehold portfolio continues to address market demand through its wide ranging built-to-lease communities comprising more than 22,700 residential units.
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