DUBAI — A UAE real estate expert says “phobic” perceptions of an over-supplied Dubai residential property market persist when there is currently an under-supply of premier homes that will be ready for occupancy in some areas next year. Firas Al …
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Abu Dhabi rents, sales prices drop as demand lags supply
Challenging market conditions for the Abu Dhabi real estate market in Q2 due to a drop in demand and increase in supply says Asteco Property prices and rents in Abu Dhabi posted declines in the second quarter of the year as the market continued to see …
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UAE Properties Boom Is Back With a Bang, Says Yzer Property
Business cycle of the United Arab Emirates and its local property market are no longer relying on area of oil exploration to drive its economic growth. Financial fortunes of the UAE and its real estate division have long been linked to the fluctuations in …
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2017 to remain tough for Abu Dhabi property market – Asteco
RELATED ARTICLES: Jeddah real estate sector remains slow in Q2 2017 | Return on investment for UAE real estate remains high | Asteco inks first Saudi Arabia master franchise Rental prices for apartments and villas in Abu Dhabi posted declines during the …
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Dubai property prices will not see decline in 2017 – Sobha
RELATED ARTICLES: Forest Villas launched in Dubai’s $4bn Sobha Hartland community | Sobha launches twin-tower residential project in Dubai | Site visit: Sobha Hartland Dubai property sales prices will not see a decrease this year as demand remains strong …
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UAE- Property registration trustee offices help DLD save Dh45 million
(MENAFN – Khaleej Times) The Dubai Land Department (DLD) has announced that real estate registration trustee offices have helped it to achieve an annual saving of approximately Dh45 million through 18 offices located across Dubai. Saad Abdulla Al Hammadi …
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Dubai Properties adds more homes for sale in Remraam
Dubai Properties announced sale of new units in the next phase of Remraam located in Dubailand at prices starting from Dh448,000. The off-plan units, comprising one and two- bedroom apartments, will be ready for handover by end of 2019. The launch presents …
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Dubai Properties Launches Additional Clusters for Sale in High-Demand Remraam Community
Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, announced the launch of sale of new units in the next phase of the Remraam community development, strategically located …
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Dubai Properties to boost facilities in key residential project
Dubai Properties, a leading real estate master developer and asset manager of renowned destinations across the emirate, is set to invest over Dh10 million ($2.7 million) in community enhancements at its Remraam residential project, strategically located in …
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Dubai property transactions down by 23%
LONDON: Dubai property transactions plunged by 23 percent in the second quarter, according to a report from Chestertons. But the weak property market is good news for renters who benefitted from a 2 percent decline in rents for both apartment and villas …
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Report unveils Dubai and Abu Dhabi property market performance in H1 2017
The number 1 property portal in the UAE, Bayut.com, has confirmed exclusively to Al Arabiya English that the UAE estate market has witnessed a balancing act in the first half of 2017; despite both sale and rental prices in Dubai and Abu Dhabi having …
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Dubai Properties Invests Over AED10 Million in Community Enhancements in Sought-After Remraam Development
Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, has announced an investment of AED10 million for planned enhancements in the popular Remraam community, strategically …
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Tech driving demand for industrial property in Dubai
RELATED ARTICLES: ‘Softening’ of Dubai property expected in 2017 | Dubai property market bottoms-out, official says | Dubai: Demand for industrial real estate drops The growth of Dubai’s technology sector amid its economic diversification effort is driving …
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Dubai property prices marginally down in Q2
The property prices across Dubai, UAE, witnessed a marginal drop as fresh supply in the apartment, villa and commercial segments continued to place downward pressure on rental rates and sales prices, according to a report. This trend will continue as the …
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Return on investment for UAE property still strong
The UAE real estate market has witnessed a balancing act in the first half of 2017, according to new research by property portal Bayut.com. Despite both sale and rental prices in Dubai and Abu Dhabi witness a small dip, the market still represents a rich …
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Dubai property prices, rents continue to decline in Q2
Dubai property prices and rents continued to decline in the second quarter with little sign of the trend reversing, according to Asteco In its quarterly report, the real estate firm said average quarterly sales prices were down 3 per cent for apartments, 2 …
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Dubai Properties distributes 6,600 meals to staff accommodations
Dubai Properties, a leading Dubai-based real estate master developer and asset manager distributed over 6,600 meals at staff accommodation in Al Quoz, Dubai Investment Park and Muhaisnah. Demonstrating the company’s solidarity with and appreciation for the …
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