Top-quality Dubai office rents to rise

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Rents for the best-quality offices in Dubai are set to tick up slightly this year as occupiers resume shelved office searches amid an improved economic outlook, according to Knight Frank. The broker said that after rising steadily to about Dh190 per square foot at the start of 2016, grade A office rents in Dubai dipped[…]

2017 edition of Egypt Property Show inaugurated in Dubai | CPI Financial | CPI Financial News

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  A number of regional and international companies participating in the event showcased their latest large-scale and high-valued projects in Egypt, including “The New Capital of Egypt” and the “New El Alamein City”. Running until 7 May, the premier exhibition is an ideal venue for regional and global investors to explore promising real estate opportunities in Egypt[…]

Seidco wins DP residential tower deal

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UAE-based Dubai Properties (DP) has awarded a Dh200-million ($54.4 million) deal to Seidco General Contracting for the development of its Bellevue Towers residential project in the Burj Khalifa District of Dubai. The Bellevue Towers residential apartment buildings will offer 319 units including 159 one-bedroom, 105 two-bedroom, 42 three-bedroom, 10 penthouses and three loft apartments. The[…]

It could be Dubai office market’s chance for turnaround

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Towers on Shaikh Zayed Road in Dubai. According to a Knight Frank report, not all commercialproperties in the city are getting a demand uptick. Picture for illustrative purpose only. Dubai Dubai’s office property market could be next in line for a turnaround … even a partial one. Leasing enquiries for DIFC and Tecom locations continue[…]

Dubai’s Rent Dispute Centre levels the playing field

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In the three years of operations, it has been intervening forcefully where needed Dubai Did your landlord just cut your utility connections? Then you have a case for Dubai’s Rental Dispute Centre (RDC) to intervene. “The tenant may apply to both the police station where the property is located to rescind the eviction or to[…]

DIFC signs MoU with Dubai Land Department

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Dubai Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) to allow entities based in the Centre to purchase and register properties with the DLD. The strategic agreement, signed by Eisa Kazim, Governor of DIFC, and Sultan Butti Bin Mejren, Director General of the Dubai Land[…]