Archive for October, 2018

Emirates Hills villa nets Dh90m in Q3-18

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Rated as the costliest residential deal in Dubai, while a Downtown unit picked up Dh47.5m Dubai: An Emirates Hills villa became the costliest residential property transaction between July and end September, with Dh90 million, while a seller took away Dh47.5 million from a 33,570-square-foot apartment in Downtown Burj Khalifa. The Dh90 million Emirates Hills villa,[…]

Why NRIs must visit realty show

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The India Real Estate Show 2018 to be held on October 26 and 27 (Friday, Saturday) at the Crowne Plaza, Sheikh Zayed Road, is a good opportunity for NRIs to check out attractive offers for properties in India. Leading developers from India will attend the event, which is being organised by Khaleej Times and Indiabulls[…]

Dubai-based Nakheel breaks ground on $194mln Dragon Towers

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DUBAI – Nakheel, the Dubai-based property developer, today broke ground on Dragon Towers, its AED713 million twin-building residential project at Dragon City mixed-use community. The ground-breaking ceremony, led by Nakheel Chairman Ali Rashid Lootah, comes a month after the developer awarded a contract for AED552 million to UAE-based Ali Mousa and Sons Contracting to build[…]

New survey by HSBC reveals the prosperity of overseas residents, they’re warned that they are risking the futures of their families

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Despite owning large amounts of property and other wealth, 99% of non-Muslim expats in Dubai are not protected by an enforceable Will  October 22 – 15.05 – Dubai – A stark warning has been issued that up to99% of overseas residents who’ve built up significant wealth during their years in Dubai are taking major risks[…]

With Iconic Dubai Creek Tower and Dubai Square, Dubai Creek Harbour Set to Record 30 to 40%

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Featuring iconic attractions such as the Dubai Creek Tower and Dubai Square, the newly unveiled retail metropolis of the future, the prestigious waterfront development by the historic Dubai Creek is well-positioned to set new benchmarks in value appreciation and returns on investment. This makes the residential launches in Dubai Creek Harbour a compelling purchase for[…]

Dubai Creek Harbour to see 40pc uplift in property prices

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Leading UAE property developer Emaar said its 6-sq-km mega-development, Dubai Creek Harbour is set to record an uplift in residential property prices by an average of 30 to 40 per cent in the short-term thanks the presence of several iconic projects. Dubai Creek Harbour, located only 10 minutes from Dubai International Airport and the iconic[…]

Wasl completes work on Dubai residential project

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UAE-based wasl properties has announced the completion of its new residential project in Al Quoz area of Dubai. The centrally-located wasl Crystal will feature 306 apartments including studio, one-, two-, and three-bedroom units. A subsidiary of wasl Asset Management Group, wasl properties manages an extensive real estate portfolio of more than 35,000 residential and commercial[…]

Mövenpick set to open hotel apartment tower in Dubai

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Mövenpick Hotels & Resorts is gearing up for the opening of a new hotel apartment tower in Downtown Dubai. Expected to open by year end, the 244-key property, which will be within walking distance of the world’s tallest building – Burj Khalifa –  and the Dubai Mall, will become the operator’s sixth property in the[…]