(MENAFN – Arab News) DUBAI: Ras Al Khaimah’s tourism and hospitality sectors buoyed the emirate’s property market during the first half, thanks to continuing government efforts promote it as a visitor destination. The residential market meanwhile continued to suffer from weaker demand, and was further pressured by declining rentals rates in neighboring emirates, consultancy CBRE[…]
Archive for July, 2017
Dubai Land Department, DLD, has released its H1 2017 Transactions Report up until 30th June, through the Real Estate Research and Studies Department, announcing that total real estate transactions for this period reached a value of AED132 billion, achieved through 35,571 sales, mortgages and other transactions. The report reveals that the market has achieved a[…]
July 2017 has showed the highest number of off-plan apartment transactions ever recorded since Dubai Land Department started sharing Oqood data with the public in 2012, a report said. “There are still four days left in July, but as of today (July 27), we are showing 1,719 off-plan apartment transactions,” said Lynnette Abad, partner and[…]
DUBAI: Emirati investors helped lift Dubai property transactions during the first half of the year, the Dubai Land Department (DLD) said on Sunday.The total value of real estate transactions rose 16.8 percent to Dh132 billion (SR134.79 billion) in the first half, compared with Dh113 billion of the same period of last year.Emirati investors completed 4,510[…]
30 July 2017 Omar Kassim, the Dubai-based founder of online marketplace JadoPado, has launched a new startup that aims to facilitate real estate transactions using blockchain technology. Kassim, who recently sold his company to Noon, the e-commerce conglomerate headed by Emaar chairman Mohamad Alabbar, has ventured into the world of real estate with a new[…]
Damac has a cluster of four-bedroom villas starting from Dh2.96m Dubai: Own a piece of the Trump name for Dh2.96 million and over. Damac is opening sales of villas bearing the US President’s name on August 5, and, fittingly enough, at the Trump International Golf Club Dubai among its many sales office locations in the[…]
© Reuters. Ali Rashid Lootah, Chairman of Nakheel, poses for a photo during an interview with Reuters in Dubai By Alexander Cornwell and Hadeel Al Sayegh DUBAI (Reuters) – Property developer Nakheel wants recurring income to increase to more than 50 percent of all revenue by 2021 as it opens more shopping malls in Dubai,[…]
The vast majority of would be first time home owners feel stressed about saving for a deposit to get on the housing ladder in London, new research has found. Overall, some 81% of people currently renting aged 24 to 35 are concerned and stressed while just 25% think that home ownership in London, where prices[…]
Event focused on measures undertaken by a host of famous international businesses to protect their trademarks DUBAI: The Intellectual Property Rights (IPR) Department of Dubai Customs has organised a workshop to step up efforts aimed at fighting fake goods. The workshop was attended by 24 officers from Dubai Customs and other relevant government bodies across[…]
Friday, July 28, 2017 The Intellectual Property Rights (IPR) Department of Dubai Customs organized a workshop to step up efforts aimed at fighting fake goods. The workshop was attended by 24 officers from Dubai Customs and other relevant government bodies across the UAE, as well as representatives of some intellectual property law firms. The workshop[…]
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