Tuesday 2 September 2014
 
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Dubai residential property prices up 34pc

Residential property prices in Dubai, UAE, posted solid growth in July with a 34.5 per cent year-on-year increase over the same period last year, said a report. The Dubai Residential Property Sales Price Index for all residentials incre

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Dubai's real estate sector 'enters new era'

It's the beginning of a new era for Dubai's real estate sector as project developers start adopting a sustainable, long-term approach rather than the old one of build it, sell it and move on, said the head of one of Dubai’s fastest

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UAE’s property valuations market growing

The property valuations market in the UAE is growing along with the real estate sector, according to a leading property expert. Property valuations have been a fair measurement tool that is used to determine the unbiased price of

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Christie's to open Bahrain property office

Christie’s International Real Estate, the property arm of the renowned London-based art auction house, is considering opening an office in Bahrain. The company's senior vice-president and Middle East regional director Jo

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Al Khabeer acquires prime US office property

Al Khabeer Capital, a Saudi-based asset management and investment firm, has joined hands with its investment partner USAA Real Estate Company to acquire Lake Pointe Center III and IV, a prime office property in Indianapolis, US. T

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Abu Dhabi property price rise ‘no risk to banks’

The price rise in Abu Dhabi’s residential real estate does not pose a serious risk to the emirate’s banks as the industry is not reliant on leverage but backed by stinger fundamentals, said a report. According to the l

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UAE property sector stays vibrant in summer

Property sector across the UAE remained vibrant during this summer with Dubai, in particular, witnessing impressive growth levels across different master developments, said a leading property agency. Both Dubai and Abu Dhabi will

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Talaat Moustafa H1 profits rise 12pc

Egyptian property developer Talaat Moustafa said that its net profit was up 12 per cent for the first half of this year. Its after-tax profit was 351.543 million Egyptian pounds ($49.17 million) in the six months to June 30, compared to

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Dubai Property Show to launch in London

An exclusive property expo showcasing unique targeted properties of Dubai and other parts of the UAE will be held London next year. Sumansa Exhibitions, a Dubai-based event’s organising company, announced the launch of the “

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Turkish property market sees 60pc sales rise

The Turkish property market recorded a 60 per cent increase in year-on-year sales to foreigners in Turkey during the first six months of the year, totalling to more than 8,500 property purchases, said a report. Istanbul alone recorded a

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