Tuesday 27 January 2015
 
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New wave of transport facilities boosts Dubai property

A new wave of transport, retail and leisure facilities at Dubai Marina, continuing to drive buyer demand at the popular beachside location, where prices have risen by 28 per cent, to Dh1,670 ($454) per sq ft in the past five years, according to

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Bayut.com launches new android app

Bayut.com, a leading Dubai property portal, has announced the launch of its eagerly-awaited android app for real estate enthusiasts. After the iOS app that was launched in November last year, and its immense success, the portal has now

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Bank Muscat to buy 230 Wave villas

The Wave, Muscat, a premier mixed-use community project, has sealed an agreement with Bank Muscat for the sale of 230 residential apartments in 4 blocks at its ‘Marsa Parklands’ development to the Omani lender. The dea

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Saudi Dar Al Arkan Q4 profit plunges 26pc

Dar Al Arkan, one of Saudi Arabia's largest property developers, has reported a 26.3 per cent fall in its fourth-quarter net profit, missing analyst forecasts on lower income from financial instruments. Arkan made a net profit

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Limitless nears deal with creditors for debt extension

Dubai government-owned property developer Limitless has secured the agreement of 85 per cent of its creditors for a three-month extension to a debt repayment due at the end of 2014 and for a proposed restructuring plan, its chairman said.

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Limitless nears deal with creditors for debt extension

Dubai government-owned property developer Limitless has secured the agreement of 85 per cent of its creditors for a three-month extension to a debt repayment due at the end of 2014 and for a proposed restructuring plan, its chairman said.

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Dubai property investment hits $30bn in 2014

Investors from across the globe pumped Dh109 billion ($30 billion) into the real estate market in Dubai, UAE in 2014, slightly down from Dh114 billion ($31 billion) the previous year, said a report. The investor-led transactions w

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UAE property firm opens new office in Dubai

Green Valley Real Estate, one of the UAE’s leading real estate companies, has announced the opening of its new regional office at Business Bay in Dubai, UAE. The new office will be located at Oxford Tower, a commercial devel

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Unlicensed brokers behind Qatar property rate hike

Majority of the property investors in Qatar blame the unlicensed real estate brokers in the market for the hike in property rates, said a report. They said the non-enforcement of Law No 13 of 2011 has resulted in the proliferation

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UAE property market 'booming' despite challenges

The UAE real estate sector will remain attractive in 2015 despite global challenges with the residential activity spearheading Abu Dhabi’s property market and Dubai's business enjoying higher consumer confidence, said a report.

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