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Deyaar launches utilities management company, Nationwide Management LLC

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Share Tweet Google Plus Share Email Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has announced the expansion of its portfolio with Nationwide Management LLC for the supply, management and retrofit of utility management across various buildings and communities. The new company will focus on delivering superior utilities[…]

Dubai-based Samana Group to capitalize on Expo 2020 opportunity

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 News Highlights: Samana Developers’ 500 residential units will offer a share of accommodation needs for international tourists coming to the Expo. The group is one of the oldest and largest immigration service providers in the Middle East. Samana Group attributes its growing cultural and religious diversity across its entities to UAE’s policy of tolerance, which[…]

The cities most at risk of a real estate bubble: UBS

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Major U.S. housing markets are unlikely to see a sharp price correction, according to a new study. U.S. cities were not overvalued when compared to cities in Europe, according to the 2019 UBS Global Real Estate Bubble Index, which analyzed 24 global housing markets. Residential property prices in five U.S. cities examined, which include New[…]

District One developer stays ‘cautious with our planning’

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Residents will have access to the world’s largest man-made lagoon all year long Image Credit: Supplied From the camel tracks that hosted the first thoroughbred race meeting to a 45-million-sq-ft luxury community, District One, featuring the groundbreaking Crystal Lagoon, has come a long way. Mohammad Abdul Nasser Al Khayat, vice-president of commercial and free zone[…]

Dos and don’ts of buying property in the UAE

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Research the neighbourhood and know its access points and upcoming developments Image Credit: Gulf News Archives The old adage “location, location, location” remains true when purchasing property, but more relevant would be “research, research, research”. The UAE real estate market is much more transparent than it once was and there is a vast amount of[…]

Emaar marks listing of $500m sukuk

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The 10-year sukuk have an annual return rate of 3.875 per cent and are part of Emaar’s $2 billion bond issuance programme. Image Credit: Gulf News Archives Dubai: The chairman of Emaar Properties, Mohammed Alabbar, rang the Nasdaq Dubai market-opening bell on Monday to mark the listing of a $500-million-sukuk (Islamic bonds) by the company.[…]

Negative interest rates inflating European real estate prices

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Getty Images Newly-constructed apartment buildings stand in the city center of Berlin Getty Images Newly-constructed apartment buildings stand in the city center of Berlin Related content (CNN) – Even as the Brexit chaos helps to deflate London’s real estate bubble by undermining the city’s status as a financial capital, record low interest rates are pushing prices in[…]