Wednesday 29 July 2015
 
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Dubai property market sheds weight, Abu Dhabi steady

The UAE’s property market witnessed mixed results in the first half of 2015 with Dubai losing the steam it had amassed over the last two years, hinting at a maturing market capable of sorting itself out by steering clear of extremes, said

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Geant opens new supermarket in Dubai property

International supermarket chain Geant has opened its new outlet at Remraam community, a major project of master developer Dubai Properties in Dubai, UAE. The centrally-located supermarket complex at Remraam, which will feature a p

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Deyaar Q2 net profit rises 37.5pc

Dubai's Deyaar Development recorded a 37.5 per cent increase in second-quarter net profit, according to a statement from the real estate firm on Monday. The company, which was one of the worst hit by Dubai's property marke

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UAE mulls panel for federal property leases

The UAE Ministry of Finance has announced plans to set up a panel to standardise policies and procedures relating to the leasing of federal properties as well as to implement and monitor such operations by federal entities. The mo

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ME property market among world’s fastest growing

Middle East real estate market revenues have augmented at a compounded annual growth rate (CAGR) of 4.7 per cent between 2009 and 2014, making it one of the fastest growing sectors across the world, a report said. Foreign real est

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ME property market among world’s fastest growing

Middle East real estate market revenues have augmented at a compounded annual growth rate (CAGR) of 4.7 per cent between 2009 and 2014, making it one of the fastest growing sectors across the world, a report said. Foreign real est

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GCC investors eye mature property markets amid low oil

With the lowering oil price having a knock-on effect on the local property scene, GCC investors are looking towards more mature markets that can withstand the fluctuating price of oil, while also offering institutional grade products.

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Property expo 'returns to Bahrain'

In a sign of renewed confidence in Bahrain's economy, a property exhibition on hold for the last five years due to unrest in the country will return in November. The Bahrain International Property Exhibition (BIPEX) was last h

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Small print in contract alert for home buyers in Bahrain

A warning has gone out to expatriate property buyers in Bahrain to beware the small print in their contracts. It follows several complaints, received by the real estate committee at Bahrain Chamber of Commerce and Industry (BCCI),

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Qatar land price surge threatens property profitability

Land accounts for about half the value of real estate sales in Qatar, 10 times that of developed markets, as prices surge to levels that may make even high-margin luxury developments unprofitable to build, said experts. Qatar allo

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