The architecture of this property is incredible and surprising. There are some canals where I guess you could take boat rides — hah. Beautiful Shangri-La Abu Dhabi property Beautiful Shangri-La Abu Dhabi property Beautiful Shangri-La Abu Dhabi …
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Dubai Properties in ‘game changer’ partnership deal
Dubai Properties, one of the largest fully integrated real estate and community development businesses, said it has entered into a key partnership with real estate marketplace Realopedia and e-commerce giant Souq.com to market its wide portfolio of …
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Dubai property sales ‘likely to stay steady during Ramadan’
With Dubai reporting a 45 per cent surge in the value of property transactions during the first quarter compared to last year and agents optimistic that current prices will prove too tempting to resist for the many investors currently sitting on cash, this …
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Abu Dhabi economy shows signs of recovery
That was up by 8 per cent over the 2015 figure. Property is one of the main sectors when it comes to investment in Abu Dhabi, he said, but the emirate is broadening that out into industries such as finance and hospitality. Abu Dhabi’s economy was hit …
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twofour54 Appoints Aldar To Develop New Home On Yas Island
twofour54, Abu Dhabi’s thriving media and entertainment free zone, has appointed Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, as the strategic real estate partner of the Media Zone Authority …
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Aldar Properties : to build twofour54’s Yas home
The media and entertainment free zone twofour54 in Abu Dhabi said it has appointed Aldar Properties, the emirate’s biggest listed developer, to build its new home on Yas Island. The project is part of a Dh12 billion development of the southern part of …
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Aldar to build new site for Abu Dhabi’s free trade zone for media
DUBAI Abu Dhabi-listed Aldar Properties ALDR.AD won a contract on Monday to build a new site for the twofour54 free trade zone that hosts media firms. Aldar, the state-linked construction firm that built Abu Dhabi’s Formula One circuit, was awarded the …
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Abu Dhabi’s Aldar wins deal to develop Twofour54’s new freezone in Yas Island
Twofour54, Abu Dhabi’s media and entertainment freezone, has appointed Aldar Properties to develop its new headquarters in Yas Island. Set to cover an initial gross floor area (GFA) of 95,000 square metres, the new development will feature offices …
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Dubai Property Prices Set To Bottom Out At Last
Dubai’s property market is still in the doldrums, years after prices and rents started to drop. Estate agents suggest the downward spiral is likely to bottom out over the next few months. International property firm Cluttons, who have offices in Dubai …
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DAMAC predicts Dubai property supply rise
DAMAC Properties expects around 11,000 to 12,000 residential properties to hit the Dubai market in 2017, a steady increase compared to the average over the last two years, the group’s chief finance officer said. Supply of such properties in 2017 would …
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Evicted tenant is refusing to vacate Dubai property
My husband and I bought a property with a tenant living in it in July 2015. He is on a five-month rolling contract, as that was his time remaining from the previous owner. After a lot of backwards and forwards and underhanded tactics from his side, we …
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Dubai Real Estate Report
Damac Properties, a pioneering property developer in the Mideast has recorded a net profit of USD240mn for the first quarter of this year, marking net margins of 45 percent. Additionally, the developer posted profits of Dh1.95bn, with gross profit margins …
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Dubai property: returns on the up
The property market in Dubai is on the up due to an increase in projects throughout the sector. The Dubai Land Department has revealed that the volume of investment in local real estate during the first half of 2016 reached $7.6 billion. As well as …
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Aldar Properties : Academies set to manage Adnoc schools
Under the terms of the agreement, Aldar Academies, a unit of Abu Dhabi-based developer Aldar Properties, will operate Adnoc’s schools in Sas Al Nakhl, Ruwais, Madinat Zayed and Ghayathi, beginning in September. The financial value of the agreement was …
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The Dubai Property Market: An Overview Of Rental Opportunities
The Dubai property market is one of the most reliable in the world. According to the Dubai Land Department, the volume of investment in local real estate during the first half of 2016 reached $7.6bn. The great attractions for investors are economic …
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Global property bubble is ready to pop
Ever since interest rates were slashed to near zero in the wake of the financial crisis, the world has gone property mad. Residential house prices from Abu Dhabi to Zurich have spiralled as hot money travelled the world looking for a home. For those who …
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DAMAC predicts Dubai property supply rise as market turns corner
DUBAI May 15 DAMAC Properties expects around 11,000 to 12,000 residential properties to hit the Dubai market in 2017, a steady increase compared to the average over the last two years, the group’s chief finance officer said. Supply of such properties in …
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