Dubai real estate has emerged as a mature and stable market in the wake of the global financial downturn and has a promising outlook riding on strong economic indicators and Expo 2020 projects, say experts. According to top industry executives, the emirate …
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Swissôtel welcomes new GM for Dubai properties
Swissôtel Hotels & Resorts has appointed Emiel Van Dijk as the general manager for both Swissôtel Al Ghurair and Swissôtel Living Al Ghurair in Dubai. Van Dijk brings 18 years of experience to the team, having worked in numerous divisions of hospitality …
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Marriott brand Aloft opens second hotel in Dubai
Aloft Hotels, a part of Marriott International, on Tuesday announced the opening of Aloft Me’aisam, the brand’s second property to open in Dubai and the fourth in the UAE. Owned and developed by Dubai Properties, the Aloft Me’aisam is situated in …
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Imperial Avenue by Shapoorji Pallonji. Downtown Dubai. Off Plan Dubai. – Dubai Video
Imperial Avenue by Shapoorji Pallonji. Impressive project in Downtown Dubai. Dubai Real Estate: Market cycle. Why this is the right time to buy property in Dubai. Dubai Real Estate: Payment Plans for Off Plan Projects. Dubai Real Estate: Ready Property Vs …
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FBR selects taxpayer for audit who invested in Dubai real estate
MULTAN: The Federal Board of Revenue Regional Tax Office has selected one taxpayer for audit who made investment in Dubai’s real estate. Source told Customs Today that the Federal Board of Revenue has provided complete details to the Regional Tax Office …
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Dubai Property Festival to Stimulates Property Sales and Purchases
Dubai Land Department (DLD) has confirmed that the Dubai Property Festival (DPF), which will be held from 9th to 11th April at the Dubai World Trade Centre, will contribute to stimulating sales and purchases in the Emirate’s real estate market.
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Dubai property market seeks boost from ‘Expo 2020 factor’ to banish real estate gloom
LONDON: It has been almost half a decade since Dubai was awash with exuberance following its Expo 2020 bid win. The property pundits of the day predicted vast transformative effects for the emirate such as vertiginous property value hikes, sold-out hotels …
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Aldar Properties : AIRLINE, ATTRACTIONS AND DEVELOPERS FROM ABU DHABI LAUNCH MAJOR SHORT BREAK DEALS
(from left to right) HE Sultan Al Matawa Al Dhaheri, Executive Director of Tourism Sector at DCT Abu Dhabi; Hareb Al Muhairy, Senior Vice President Global Sales, UAE & GCC at Etihad Airways; Mohamed Abdalla Al Zaabi, Chief Executive Officer of Miral; and …
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Dubai Property Festival to provide market boost, says DLD
Three-day event will be one of the largest real estate events in the UAE this year The event will form part of the larger ‘Real Estate Investment Week’, which will include a number of other events being held to boost real estate investment and gather …
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Property fest to spur Dubai real estate market
Dubai Property Festival (DPF), a three-day sales and purchase event which opens next month at Dubai World Trade Centre, will contribute to stimulating sales and purchases in the emirate’s real estate market, said the organisers. The festival is being …
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Emaar and Aldar property alliance underscores new economic landscape following oil rout
It comes as UAE property developers are under increased pressure amid a weak housing market, faltering consumer confidence and expatriate job losses. “We are in a new economic reality, one that commenced four years ago with the oil rout. I think the best …
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Dubai’s real estate continues to shift towards affordable homes
(MENAFN – Khaleej Times) Dubai’s real estate sector outperformed many other economic sectors of the emirate last year, with 6 per cent growth in the transaction value reaching Dh285 billion in 2017, up from Dh268.7 billion recorded in 2016, according to …
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VAT Has Limited Impact on Real Estate Sector
The Federal Tax Authority (FTA) and Dubai Land Department (DLD) have confirmed that the UAE’s recently introduced VAT will have a limited impact on the real estate sector. FTA and DLD have stated that all real estate transactions, with the exception of …
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Ahead of Expo 2020, Dubai Gets a Makeover
will have views of Downtown Dubai and The Dubai Creek Tower Emaar Properties “The Expo for me personally is an opportunity for this incredible city to display its unique qualities to the world,” says Jason Hayes, founder and CEO of Luxury Property …
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New UAE blockhain “token” buys you stake in lucrative property investments
Evareium has been launched to pioneer crowdfunding and management of direct investments in real estate, starting in Dubai and the GCC region before evolving globally. Evareium provides the means for investors can relinquish the burden of having to …
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Abu Dhabi’s Aldar and Dubai’s Emaar form $8bn property JV
Abu Dhabi’s Aldar Properties and Dubai’s Emaar Properties – two of the UAE’s largest real estate developers – have created a joint venture (JV) worth $8.1bn (AED30bn). An agreement was signed between Emaar chairman, HE Mohamed Alabbar, and Aldar …
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Emaar and Aldar to launch joint projects worth up to $8.2 billion
DUBAI/ABU DHABI (Reuters) – United Arab Emirates (UAE) developers Emaar Properties and Aldar Properties signed a joint venture agreement on Tuesday to develop local and international projects worth as much as 30 billion dirhams ($8.2 billion). The state …
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