Archive for September, 2017

Palma signs up top brands for $408m Dubai project

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Palma Holding, a leading UAE-based group which operates across three main divisions of real estate  development, sales and leasing and property management, has signed partnerships with four premium brands Dada, Dedon, Molteni&C and TechnoGym – for its Dh1.5 billion ($408 million) Serenia Residences project. An exclusively residential community taking shape on The Palm[…]

Now, register your will online in Dubai registry

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Dubai: Investors holding free zone assets in Dubai or Ras Al Khaimah can now register their wills online at the world’s first virtual wills registry that goes live from Sunday. Launched as part of Dubai’s e-government innovation agenda, DIFC Wills and Probate Registry is designed primarily for overseas asset-holders. The new smart service enables eligible[…]

Dubai offers world’s sixth most competitive skyscraper rents

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Dubai, which continues to provide an attractive real estate and business operating environment, offers the sixth most competitive global skyscraper rents averaging at $44 per sq ft, according to a report by property expert Knight Frank. Globally, Hong Kong’s skyscrapers continue to command, by some margin, the highest rents in the world at $304 per[…]

Square Yards launches dedicated portal for property ‘squareyards.ae’ in UAE

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New Delhi [India], Sep 28 (ANI): Leading tech-backed transaction and aggregation platform for global real estate Square Yards has announced launch of dedicated portal for property in UAE, squareyards.ae. The new portal will focus on resale and rental markets in Dubai in addition to the off-plan primary market segment. The listings on the portal are[…]

UAE’s Arzan Wealth exits prime German property

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Arzan Wealth, a Dubai-based advisory firm with focus on real estate and private equity  investments, said it had successfully exited a prime Volkswagen AG property in Germany after netting 8.25 per cent annual returns and actual IRR of 11 per cent for its investors. This is the fourth exit of an investment by Arzan Wealth[…]

Square Yards launches dedicated portal for property ‘squareyards.ae’ in UAE

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New Delhi:  Leading tech-backed transaction and aggregation platform for global real estate Square Yards has announced launch of dedicated portal for property in UAE, squareyards.ae. The new portal will focus on resale and rental markets in Dubai in addition to the off-plan primary market segment. The listings on the portal are fully syndicated with leading[…]

Dubai’s office skyscrapers still command sky-high rents

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Emirtaes Towers and DIFC at night. Dubai: Don’t go looking for a cheap rental option in Dubai’s office skyscrapers — there aren’t any available. In fact, the city’s premium high-rise addresses command the 18th most expensive rents in the world, according to latest Knight Frank skyscraper index. They command, on average, a rent of $44[…]

Global cities chase the ‘Google’ look

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Dubai It is no longer enough for cities to just build a plain-vanilla building — they have to try and recreate the “wow” effect Google brings to its offices and campus layouts, according to the latest Knight Frank ‘Global Cities’ report. “A city must now provide the ambitious with a stage they want to succeed[…]