Wednesday 20 August 2014
 
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Emiratis top in Dubai’s real estate market investment

Emiratis accounted for Dh12.54 billion ($3.41 billion) or 66 per cent of the total Dh19 billion ($5.1 billion) pumped into Dubai’s real estate market by GCC nationals in the first half of 2014, sending a message across the world that the r

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2,000-unit Royal Estates launched in Dubai

The Dh2.3 billion ($626 million) Royal Estates project was officially launched by Bollywood superstar Shah Rukh Khan at an event held in Madinat Jumeirah in Dubai recently. The development is a collaboration among Aristocratic Star, Pal

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Kuwait residential sector sales hits $3.5bn in H1

Kuwait’s residential sector recorded more than KD1 billion ($3.5 billion) in sales during the first half of the year, up 17 per cent compared to the same period last year. In June, the sales hit KD172 million ($606.3 million

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Qatar real estate projects to hit $9bn

Qatar’s real estate project value is set to reach QR35 billion ($9.6 billion) in the next five year, with about 25,000 housing unites to be available by the end of this year, said a report.

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Dubai residential sector 'shows signs of slowdown'

The rise of Dubai's red-hot residential real estate market is slowing as government steps to curb speculative buying have an impact and higher prices start to affect demand, consultants JLL said in a report on Sunday. Second

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Real estate trading up 44 pc in Bahrain

Bahrain has made a major leap in real estate trading in the first half of this year.   The total real estate trading amounted to BD722.6 million ($1.9 billion), an increase o

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Safety, security in industrial facilities highlighted

Sur Industrial Estate, which pertains to the Public Establishment for Industrial Estates (PEIE), hosted a workshop highlighting safety and security procedures in industrial facilities.    The workshop comes

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New valuation regulation for UAE real estate valuers

Real estate valuation prepared by qualified valuers in the UAE will be formally regulated by the Royal Institution of Chartered Surveyors’ (RICS) professional body.   Following a drive by the Dubai Governme

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Mideast investors to spend $180bn in global real estate

Middle Eastern investors are expected to spend $180 billion in commercial real estate markets outside of their region over the next decade, according to a recent research.   Global property advisory CBRE’s

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Nakheel, E&V to launch new real estate company

Dubai-based Nakheel, a major real estate developer, has signed a letter of intent with German real estate brokerage company Engel and Völkers (E&V) to create a new company specialising in selling and leasing properties in the emirate.

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