Saturday 27 May 2017
 
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Oman mulls new law to let expats own property

Oman is working on new regulations that will allow expatriates to own properties in the sultanate irrespective of the number of years they have spent in the country, said a report It also includes a proposal to earmark a certain p

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Emaar net profit surges 15pc in Q1

Dubai developer Emaar Properties has registered a net profit of Dh1.384 billion ($377 million) in the first quarter, up 15 per cent over Dh1.205 billion ($328 million) for the same period last year. The builder of the world's

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Ellington's Dubai project on track for 2018 launch

UAE-based Ellington Properties has announced that the construction at its new Eaton Place project was progressing rapidly, underlining the company’s growing portfolio to potential buyers, investors and real estate companies.

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New projects to boost Sharjah's residential appeal

New property developments and large government outlays on infrastructure look set to boost Sharjah's residential appeal, expanding housing stocks and helping the emirate maintain a pricing edge over some of its neighbours, according to a rep

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R Hotels to debut two new properties at ATM 2017

The latest addition to R Hotels’ growing portfolio, The Retreat Palm Dubai, MGallery by Sofitel and Wyndham Garden Ajman Corniche will mark their inaugural participation at this year’s Arabian Travel Market. The 255-ke

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Off-plan sales in Dubai increase by 45pc in Q1

Dubai’s position as a safe haven for investors is continuing to grow with a 45 per cent increase in the number of transactions for off-plan properties in the first quarter of this year, according to the latest report from Chestertons, a

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Qatari investors 'eyeing Dubai property market'

Dubai is fast turning into a key real estate investment destination for Qatari investors, thanks to its safe haven status and guaranteed ongoing returns on investment, said industry experts. The city provides golden opportunities

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Indians top Dubai real estate with $3.3bn investment

Indians remain the most prolific foreign investors in Dubai's real estate sector, ranking highest both in terms of volume and value with Dh12 billion ($3.26 billion) worth of property transactions from 6,263 buyers, said a report released ah

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Ascott to manage new property in Saudi Arabia

Ascott, a leading service residence owner-operator, said it has been awarded a contract to manage a Citadines-branded property at Al Khobar in the Eastern Province of Saudi Arabia. Citadines Al Khobar will be located at central Al

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Bloom's FM unit gets new brand identity

Emirates International Property Services (EIPS), a Bloom Holding subsidiary that offers a comprehensive range of competitive, customised facility management services, has adopted a simpler and more dynamic brand name - b.fm. The m

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