Sunday 24 June 2018
 
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real estate

UAE stimulus bid 'to help boost real estate sector'

With real estate prices on the decline for the last three years mainly due to oversupply from the off-plan market, and not enough demand to meet handovers, the UAE government is taking several steps to boost the market, said an expert.

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Dubai Land Department unveils virtual realty platform

As part of its contribution to the Dubai 10X initiative, Dubai Land Department (DLD) has launched a new platform for conducting real estate trading and transactions with multiple parties, anywhere and anytime. The Real Estate Self

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Dubai tops global real estate with 8pc rental returns

Dubai currently leads the global real estate sector in terms of investment locations among the major cities, with returns averaging 7-8 per cent per annum, compared to the best performing cities in the world, according to a report by Private Fin

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Alargan plans $198m real estate projects in Morocco

Kuwait-based Alargan International Real Estate Company has announced plans to develop commercial and residential projects worth KD60 million ($199 million) in the Moroccan real estate market. These projects will come up on a 10,00

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CBRE announces key Mideast appointments

CBRE, a global real estate consulting firm, has announced four key appointments in the strategic advisory and valuations service line at its Dubai office. As a leading provider of full-range real estate services to an array of bus

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Equitativa registers solid Q1 income growth

Equitativa, the largest REIT (real estate investment trust) manager in the GCC, said its property operating income for the first quarter hit Dh48.6 million ($13.2 million), up 23 per cent over last year, thus reflecting its active management and

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Retail, hospitality driving Bahrain’s real estate market

With economic growth estimated to have reached 3 per cent in 2017, following expansion of 3.2 per cent in 2016, Bahrain’s growth is the strongest amongst the GCC states. The kingdom’s retail and hospitality sectors rem

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Innovative solutions 'key to Bahrain real estate growth'

The launch of innovative solutions and implementation and maintenance of a robust regulatory environment will play a key role in influencing the future of the real estate sector in Bahrain, said a top official of Real Estate Regulatory Authority

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Real estate sector urged to hire more Emiratis

Leading real estate developers and construction companies discussed ways to boost Emiratisation in the  property sector at a key industry event in Dubai, UAE, said a report. Nasser bin Thani Al Hamli, Minister of Human Resour

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Oriental Pearls offers upscale living spaces in Dubai

UAE-based Oriental Pearls Real Estate Developers has unveiled its upscale masterplanned development - Royal Pearls - coming up in Dubai, that offers a range of smart, networked living spaces set in carefully contoured lawns and meticulously mani

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