Wednesday 24 September 2014
 
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Deyaar

Deyaar 'considering hospitality move'

Deyaar, a leading local and regional real estate developer and real estate services company in Dubai, UAE, is considering moving into the hospitality business, a report said. The real estate developer is currently studying a proposal to

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Deyaar launches three-tower residential project

Deyaar has announced the launch of Montrose, a three-tower residential and hotel apartment project centrally located at Tecom’s DuBiotech Life in Dubai, UAE. The project, which comprises a hotel apartment and two residential tower

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Deyaar profit doubles on new project launch

Dubai-based property developer Deyaar said on Wednesday its second-quarter net profit more than doubled, buoyed by the launch of its hotel apartment project.   Deyaar made a

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Deyaar sells Texas land to invest in UAE project

Dubai-based Deyaar Development said it has sold off its 5.98 acre land in Texas, US, to reinvest the funds into its UAe projects, said a report. In a statement to the Dubai Financial Market, Deyaar said the funds from the US land

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Deyaar signs deal with Dubai Maritime City

Dubai-based property developer Deyaar has signed a deal with Dubai Maritime City to acquire 70,226.53 sq ft of land located at the Marina District within the zone, said a report.   The Marina District is one of t

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Deyaar nets $354m sales in Q1

Deyaar Development, a regional real estate company dedicated to innovation, customer care and long-term sustainable growth, has registered a record sales of Dh1.3 billion ($354 million) for the first quarter. This was announced at

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Deyaar's Q1 net profit soars

Dubai-based property developer Deyaar said its first-quarter net profit more than doubled, buoyed by an upswing in the emirate's real estate market. Deyaar made a quarterly consolidated net profit of 52.1 million dirhams ($14.

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Deyaar approves 25pc foreign ownership

Shareholders of Dubai property developer Deyaar have approved a plan to allocate 25 per cent of its share capital to foreigners, the company said on Saturday. At present, investors in Gulf  countries can own up to 49 per cent

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Deyaar plans $245m Dubai complex

Dubai property developer Deyaar Development said on Sunday it planned to build a combined residential and hotel project in the emirate, its first entry into the hospitality industry. The 900 million dirham ($245 million) project w

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Deyaar allocates 25pc share ownership to foreigners

Deyaar Development said the company board has recommended allocating 49 per cent of its share capital, open to non-UAE nationals, to GCC and foreign investors, provided that the share of capital owned by foreigners does not exceed 25 per cent.

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