Thursday 24 April 2014
 
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Homes

73pc Saudis 'don't have own homes'

About 73 per cent of Saudi citizens do not have houses of their own, a Shoura Council member said urging authorities to speed up disbursement of loans. The Real Estate Development Fund (REDF) must speed up the disbursement of loan

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Dubai govt distributes 180 new homes

Dubai government has started the distribution of 180 houses in Al Barsha area as part of its initiative to provide decent living standards and a stable life for every citizen, said a report. These residences are being distributed

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Bahrain real estate trading hits record $2.2bn

Real estate trading volume in Bahrain reached BD861.9 million ($2.27 billion) last year, a 30 per cent increase over 2012, marking the highest level ever recorded in the kingdom, said a top official. Trading volume increased by 6

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Israel plans 1,400 more settlement homes

Israel plans to build 1,400 homes in its settlements in the occupied West Bank and will announce the projects next week after releasing a group of Palestinian prisoners, an Israeli official said on Friday. The Palestinians have sa

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Homes wait to end for Bahraini families

Thousands of Bahraini families living in the capital could finally receive government homes after waiting for more than 30 years. A total of 7,195 families of 52,000 currently on the Housing Ministry's waiting list would be mo

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Abu Dhabi employees in fix over losing Dubai life

When American Stephen Perry lost his job at a bank in Dubai following the emirate's debt crisis in 2009, he was lucky to be hired by one of neighbouring Abu Dhabi's government firms. But now Perry is in a dilemma and might not be able to

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Abu Dhabi homes sector opens up for mid-level buyers

Abu Dhabi will see existing residential supply augmented by the handover of 3,500 units and a rush of standalone tower projects during the second half of the year, offering mid-level investors a wide choice of properties, a report said.

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Hydra completes first phase of homes project

Abu Dhabi-based developer Hydra Properties, completed phase one of construction of Hydra Village, a major new residential development just outside the UAE capital, and has begun the handover of 448 properties. Hydra Village is loc

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Top London property draws ME investors

A prestigious development in North West London has appealed to Middle Eastern investors looking for a base in the UK capital and for suitable homes to rent out to the local market, said a real estate expert. Carmel Gate, a collect

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Bahrain launches project for 4,500 homes

The foundation stone for a 270-hectare project featuring up to 4,500 housing units, one of the key strategic development schemes in Bahrain, was laid yesterday (May 21), a report said. His Majesty King Hamad deputised HRH Prince Salman

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