Tag: property

Dubai-listed real estate investment trust ENBD REIT has announced the acquisition of an office building housing the regional headquarters of technology firm Oracle in Dubai for Dhs280m ($76.2m) The October 5 purchase of the 92,000-square-foot Edge office …
( read original story …)

---

A Dh15bn Dubai property development created by her family … Determination is one of the qualities Kamelia urges young people considering entering WorldSkills Abu Dhabi 2017 to carry with them at all times. “Keep pushing forward and jump at every …
( read original story …)

---

Enter: the mini Abu Dhabi vacay. Get two holidays for the airfare of one … this is no cookie-cutter five-star property. This celebrated Ritz-Carlton is set in a grand Venetian-style building on its own private beach, offering sweeping views over …
( read original story …)

---

PETALING JAYA: A property named by the United States Department of Justice … penthouse in Walker Tower is 212 West 18th Street LLC, a company controlled by Abu Dhabi businessman Khadem Al Qubaisi. The nearly 6,000-square-foot apartment spans the top …
( read original story …)

---

Marginal price declines continue, averaging 1.2% year on year for apartments and 1.4% for villas/townhouses in Dubai during Q3 2017 • Average rents in Q3 2017 have declined at a faster pace than prices over the last twelve months • Property Monitor …
( read original story …)

---

this expansive villa is not just a stunning property but also the expression of luxury living style, offering a unique, contemporary design fused with traditional architraves and interrupted views over golf course and Dubai skyline.
( read original story …)

---

Pankaj Gangar, arrested in the extortion cases involving Kaskar, was remanded to further police custody for four days. Iqbal Kaskar Mumbai: The two property developers named in the third extortion case registered against Iqbal Kaskar, Dawood Ibrahim and …
( read original story …)

---

Dubai’s residential rents have witnessed a steep drop – 2.8 per cent for apartments and 3.5 per cent for villas/townhouses – in the third quarter mainly due to key factors such as new project handovers of lower priced inventory, as well as readjustment of …
( read original story …)

---

Dubai’s property sector is experiencing fast transformation and maturing with the master developers now dictating terms to non-resident tenants such as schools and hospitals to limit their fees that matches standards and lifestyle of the community residents.
( read original story …)

---

Dubai Land Department (DLD) has launched an interactive application for investors and developers. The Mashrooi app allows users to search for any project under development and track construction progress, and real estate developers can use it to showcase …
( read original story …)

---

Viceroy Hotel Group, headquartered in Los Angeles, yesterday filed legal claims in California, Case No. BC674956, arising out of the unlawful ouster of Viceroy from its newly opened Dubai property. The claims seek redress from Dubai-based businessman Kabir …
( read original story …)

---

The stock is also holding over the 50 Day moving average which is a positive sign,” said Shiv Prakash, senior analyst with National Bank of Abu Dhabi Securities in a note. Other property majors also witnessed buying on the back of surging DSI shares.
( read original story …)

---

An increase in new developments and land sales has helped Dubai’s property market post a strong rise in transactions and turnover in the first half of 2017, suggesting last year’s slide may have bottomed out as developments accelerate ahead of Expo 2020.
( read original story …)

---

For someone who started out working in property development, Hisham Samawi has certainly … the brothers are focused on growing in the region, with Abu Dhabi the “logical next step”, then elsewhere in the GCC and perhaps Beirut. They are not …
( read original story …)

---

The real estate development business of Emaar Properties, which is being listed in an initial public offering (IPO) in Dubai, is expected to be valued at Dhs24bn ($6.5bn), two people familiar with the deal said. The valuation is based on the assets Emaar …
( read original story …)

---

The Economic and Financial Crimes Commission has begun fresh moves to seize nine Dubai properties worth about N1.6bn, traced to a former Managing Director of the Petroleum Products Marketing Company, Mr. Haruna Momoh. Already, the EFCC has obtained an …
( read original story …)

---

For all expats in the UAE property is usually taxed in its physical location, rather than where the owner is resident, Ms McClafferty says: “This means even non-residents can be exposed to property taxes, although the scope and definition will vary …
( read original story …)

---