Saturday 16 December 2017
 
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real estate

Affordability, incentives driving Abu Dhabi real estate

Prolonged economic headwinds have meant that Abu Dhabi’s real estate market has continued to stagnate during 2017, with the majority of sale and lease activity driven by affordability and incentives being offered by landlords and developer

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Amwaj Gateway set for December 13 auction

Amwaj Gateway, a 33,391-sq-m mixed-use development project located near the entrance of Bahrain's Amwaj Islands, is being auctioned on December 13 at a new reserve price of BD25.5 million ($67.4 million).   

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Regional developments 'to impact Dubai real estate'

Recent geopolitical developments on the regional front and new residential legislation in Dubai - with  a prime focus on affordable housing - are both likely to impact the emirate’s property market, according to leading international

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Damac eyeing investment opportunities in Croatia

UAE-based luxury property developer Damac is forging ahead with international expansion plans and is assessing several popular coastal destinations in Croatia as it looks into a number of real estate projects, said a top official.

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Dubai real estate riding high on Expo 2020 boom

With nearly $33 billion worth of projects in the pipeline for Expo 2020, a first-of-its-kind event in the Middle East, Africa and South Asia region, it's boom time for the real estate sector in Dubai, said an industry expert.

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Amlak redeems $27m from Mudaraba instrument

Amlak Finance, a leading specialised real estate financier in the Middle East, said it has redeemed an additional Dh100 million ($27.2 million) of a Mudaraba instrument worth Dh1.3 billion ($353 million) as part of its restructuring plan.

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Manazel unveils major Mena expansion plans

Manazel Real Estate, one of the UAE’s leading developers, said plans are under way to expand its business into the wider Middle East and North African (Mena) markets. The company’s assessment of the regional market has

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Bin Faqeeh wins Gulf Property Show best stand award

Bin Faqeeh Group, a leading real estate investment firm, has topped Facebook Polls for the best stand award at Gulf Property Show 2017, said the event organisers Hilal Conferences and Exhibitions (HCE). The Northern Gulf’s b

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Emaar's nine-month profit surges 20pc to $1.2bn

Leading property developer Emaar Properties has recorded a Dh4.35 billion ($1.18 billion) net profit for the first nine months (January to September), up 20 per cent over the net profit of Dh3.62 billion ($986 million) for the same period in 201

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Berkeley Assets sets up regional HQ in Dubai

Berkeley Assets, a multi-asset company with investments in real estate, hospitality, logistics and technology, has established its Middle East and North Africa (Mena) headquarters in Dubai to drive the strategic growth of business throughout the

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