Property
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Damac shares dive 10% on dividend news
Dubai developer proposes a stock dividend, disappointing investors. Shares in Damac plunged by almost 10% on Monday morning, as the Dubai developer...
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AZIZI plans more Dubai property projects this year
Developer says it has already invested $1.23bn in real estate projects in the emirate. AZIZI Developments, which has invested roughly $1.23 billion...
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Dynamic Dubai? Less so, as property market levels out
Lower growth in real-estate prices sees emirate drop 10 places in JLL ranking of world’s ‘most dynamic cities’. Dubai has been overtaken...
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Arab investors offered villa plots at $400m Sharjah site
First phase of Shoumous Residential Complex will see sale of 200 plots of land of up to 3,000sqm in size. The first...
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Sobha plans global push for sales of $4bn Dubai project
Developer to open offices in London, Singapore, Riyadh, Doha and Kuwait after breaking ground on luxury villas and apartments in second quarter....
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Sink some money… into a $1.3m ‘underwater villa’ in Dubai
Floating villas located off The World manmade islands will have one level completely submerged in water, according to promo email. If you’re...
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High Abu Dhabi rents ‘driving demand in cheaper areas’
Residential rents increased by 3% in last quarter of 2014, according to CBRE report. Increasing rents in Abu Dhabi are giving a...
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Akoya sales help boost Damac revenues by 64%
Flagship project accounted for almost half of sales in 2014, Dubai developer says; Q4 profit rises 11%. The Dubai property developer Damac...
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Dubai breaks record for world’s largest vertical maze
Why you might get lost on the balconies of the 55-storey Maze Tower.... Dubai can now boast of another world record in...
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Abu Dhabi house prices flat amid cooling property market
There was no increase in the value of residential property during the last quarter of 2014. Abu Dhabi house prices in the...
