Loading Share Content… Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has announced an administrative order clarifying the law of Decree No. 41, introduced in 2013 to govern holiday home activity in Dubai. The order outlines regulations for operators, homeowners and authorised tenants, who wish to obtain a holiday home license, and has been[…]
(Bloomberg) — Dubai is turning to two of its most trusted officials to steer its key companies through a drawn-out slowdown, a decade after they helped pull the business hub back from the brink of default. Mohammed Al Shaibani, director general of the ruler’s court and head of Investment Corp. of Dubai — the emirate’s[…]
Thank you for your reading and interest in the news Property stocks hurt Dubai Financial Market and now with details Aden – Yasmin Abdel Azim – Traders at the Abu Dhabi Securities Exchange (ADX). Image Credit: Al Khaleej Today Archives Dubai: The main benchmark in Dubai ticked lower on Wednesday, hurt by declines from property[…]
Mohammed Ibrahim Al-Shaibani has taken over as chairman of Nakheel following the resignation of Ali Rashid Lootah. Lootah, who took on the position in 2010, has resigned following an invitation from Sheikh Ahmed bin Saeed Al Maktoum to assume a new position with the Dubai World board, a statement said. Nakheel is a Dubai-based property[…]
Also, easing seen in the real estate sector pressured the tracking index to drop down 0.9 per cent. Emaar-related stocks fell, with Emaar Properties … Source link
New Bayut report says property sector has followed the trend seen in Dubai, with sales and rental prices becoming more competitive 2020 will be an “important year” for the real estate sector in Abu Dhabi with more first-time buyers likely to enter the market as prices continue to become more attractive, according to property website[…]
Year 2019 has been a dynamic one for Abu Dhabi’s real estate sector, with significant developments from the government to create more viable conditions for investors, buyers, sellers and tenants, says a report. The UAE’s leading property website, Bayut, has released a comprehensive report on the evolution of property prices for apartments and villas[…]
Inside view of the Dubai Financial Market (DFM). Image Credit: Pankaj Sharma/Gulf News Archives Dubai: The main benchmark on the Dubai bourse ended marginally higher on Tuesday, as gains recorded by banking stocks were almost nulled by declines in the real estate sector. The top index on the Dubai Financial Market (DFM) edged up 0.1[…]
Located adjacent to Ibn Battuta Mall and Ibn Battuta Metro Link, close to Dubai Marina and the site for upcoming Dubai Expo 2020, the new 360-key hotel was constructed by master developer Nakheel and opened its doors late last year. Avani Ibn Battuta Dubai Hotel
Avani Hotels & Resorts continues its expansion[…]
Although real estate is at record levels of affordability, there are sustainable reasons for first-time buyers and investors to continue buying at similar levels. Image Credit: Reuters There has been a double-digit growth in residential and office sales, with actual end-of-year supply being lower than originally projected, according to local real estate consulting firm ValuStrat[…]
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