Chinese investment in UAE realty on back burner – News

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Developers not banking on Chinese buyers in new projects for now owing to Covid-19 Property developers in the UAE are discounting Chinese buyers from their new projects and also see less participation due to growing coronavirus concerns. Real estate companies say that they have not faced any payment challenges from existing buyers from[…]

Why Indians, Pakistanis are racing to pick up stalled Dubai projects

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Mid-market communities such as Jumeirah Village Circle and Arjan has been of particular interest for investors wanting to take on stalled/delayed projects. These communities remain residential hotspots. Image Credit: Gulf News Archive Dubai: There is a rush of investors, mostly from India and Pakistan, buying stalled residential projects in Dubai. They are pumping in fresh[…]

Why Indians, Pakistanis are racing to pick up stalled Dubai projects

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Mid-market communities such as Jumeirah Village Circle and Arjan has been of particular interest for investors wanting to take on stalled/delayed projects. These communities remain residential hotspots. Image Credit: Gulf News Archive Dubai: There is a rush of investors, mostly from India and Pakistan, buying stalled residential projects in Dubai. They are pumping in fresh[…]

Accor’s ibis Styles Dubai Airport opens its doors

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Loading Share Content… ibis Styles, the eco-hotel brand from Accor, has opened a third property in Dubai. Located in Al Garhoud near the Dubai International Airport, ibis Styles Dubai Airport is designed to provide for travel needs of both business and leisure guests, be it for a brainstorming session at the Creative Terminal, a relaxing[…]

Damac Properties GM reveals plans for Saudi expansion

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Dubai-based property developer Damac Properties is looking to expand into Saudi Arabia. Ali Sajwani, general manager of operations, who has a strategic overview of the UAE and international businesses, revealed in an interview with Saudi publication Arab News, that the kingdom is very much part of the company’s future plans. The 28-year-old said: “Over the[…]

Samana Developers launches Dh100 million Golf Avenue project with 50% finance facility

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Samana Golf Avenue features 233 luxury studios, one and two-bedroom apartments Image Credit: Supplied Samana Developers, a Dubai-based real estate developer, has launched Dh100 million Samana Golf Avenue project. Samana Developers is the first real estate company in the UAE which has extended highly competitive offer of 50 per cent finance facility to its buyers[…]