Archives

February 2014

DLD reveals Dubai real estate investor table

  New data from the Dubai Land Department (DLD) has revealed that Qatar had the highest per capita investment in Dubai real estate last year. According to the figures, Qataris invested a total of Dh6.71 million (Approximately £1 million) in…

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Overseas citizens account for one-third of Dubai property brokers

  A new report from the Dubai Land Department (DLD) has revealed that at least one-third of property brokers in the emirate are from India and Pakistan. Some 676 overseas brokers from these nations are said to be operating in…

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Downtown Dubai prepares to host classic car extravaganza

  Those with a taste for the finer things could be flocking to downtown Dubai in two days time when the city is set to host its Emirate Classic Car Festival. Revered as the premier showcase of classic car in…

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Dubai property market hindered by lack of data

  The rate of appreciation in property prices in the UAE is being affected by the lack of official data in the property market, according to experts in the sector. Dubai’s property sector is one such area that is reportedly being affected…

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Over 4000 properties on show at Next Move Live

  As Dubai prepares to host the Next Move Live real estate show, it is announced that over 4000 properties will be available for sale or rent over the three-day event. Commencing tomorrow (February 20th), the consumer property show will…

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Dubai property targeted by overseas and domestic buyers

  The Dubai property market is set for a fresh wave of demand as both overseas and domestic buyers have recently expressed renewed interest in acquiring assets in the emirate, according to real estate consultants Cluttons. Over the last few months…

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Dubai set to host first ever food festival

Dubai’s property market has been hotting up in recent weeks, but it seems the heat will be coming from the kitchen this February as the emirate looks to host its first ever food festival. The event will draw on culinary delights from…

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Underwater tourist experience could be set for Dubai

  A forward thinking tourism company could be poised to set up a revolutionary underwater experience in Dubai. Reef Worlds, a Los Angeles based dynamic reef developer, is believed to have expressed an interest in establishing a new experience that…

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Dubai property market ‘smarter this time’, says report

  With property prices in Dubai continuing to climb to unprecedented levels, many have expressed concern over the health of the market amid fears that a new housing bubble is on the horizon. However, a new report from Jones Lang…

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Online auction offers Dubai property worth Dhs190m

  The Dubai Land Department’s (DLD) online property portal eMart held its third auction this weekend (Sunday 9th), with units worth Dhs190million (£31 million) available to investors. Both residential and commercial properties were on offer as the DLD held its largest internet based auction to…

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