Saturday 3 December 2016
 
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Dubai freehold apartments see price recovery

Half of the freehold apartment locations in Dubai, UAE, have seen a gradual price recovery in the third quarter (Q3) of the year, while most freehold villas saw a continued marginal softening in values, according to a new report.

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Dubai residential prices continue decline in Q3

Residential prices in Dubai, UAE, continued to drop in the third quarter (Q3) of the year amid projections of further declines, a report said. Apartment lease rates declined 3.4 per cent, while sale prices declined 4.1 per cent, p

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Ascott inks two new serviced residences in Saudi Arabia

The Ascott Limited, the world’s largest serviced residence owner-operator, is strengthening its presence in Saudi Arabia by unveiling plans for two new properties in the kingdom. At the recent signing event, representatives

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New GM for Marriott Hotel, Executive Apartments Al Jaddaf

Deepak Manocha has joined the Marriott & Marriott Executive Apartments Al Jaddaf Dubai as its new general manager. Over the past two years Manocha was the general manager at the Marriott Harbour Suites, responsible for oversee

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SRG launches $191m residential project in Dubai

SRG Holding, one of the leading family-owned holding companies in the UAE, has launched a new Dh700-million ($191 million) residential project, Marquise Square, at Business Bay in Dubai. A striking 29-floor development, Marquise S

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Marriott Hotel, Executive Apartments debut in Abu Dhabi

Marriott Hotels, the signature brand of Marriott International, and Marriott Executive Apartments, the brand's extended stay product, opened their doors in Abu Dhabi today. Ideally located in the heart of the UAE’s capit

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Amazon unveils newlook London Park Crescent

Amazon Property, a leading investment and development group, has announced the launch of newly-revamped The Park Crescent, London’s only Royal crescent, which was designed by renowned architect John Nash (1752-1835). The new

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Airbnb gets $1bn debt for expansion

Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big US banks to aid its new services and finance its expansion plans, a source close to the company said. JPMorgan, Citigroup, Morgan Stanley an

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New GM for Marriott Executive Apartments Dubai Creek

Brian Nourollahi has joined Marriott Executive Apartments Dubai Creek as the property's new general manager. Nourollahi joins from the Marriott Executive Apartments Addis Ababa, the first Marriott property in the capital of Et

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$700m Villamar project in Bahrain set for completion by 2018

The first phase of a $700-million Villamar apartments project in Bahrain is expected to be completed by 2018, where units will be handed over to the investors, reported the Gulf Daily News, our sister publication. To read

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