Monday 1 September 2014
 
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Deyaar

Deyaar launches three-tower residential project

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

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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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Deyaar's profits jump on deliveries

Dubai property developer Deyaar reported a surge in its 2013 profit on Tuesday, as it benefited from completion of stalled projects and the handover of homes to customers. One of the companies worst hit by Dubai's real estate

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