property

UAE developers can leverage sustainability to add value to their properties, as new data shows that 70 percent of investors are willing to pay premiums for green facilities. According to real estate firm Property Finder’s latest paper,…
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Sales of homes in Dubai worth $10 million or more rose 6 percent in the first quarter versus last year, an industry report showed on Tuesday, as demand from the international ultra-rich for homes in the emirate showed little sign of…
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The Saudi capital will soon be home to new offices and commercial projects thanks to the launch of the Durrat King Khalid Fund, inaugurated by Riyad Capital. Established in partnership with Saudi real estate firm Al-Ramz, the new…
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Dubai property market continues to grow at an unprecedented rate, with the transaction volumes reaching record highs of 11,597 in March alone, cumulating a total volume of 29,323 in the first quarter of 2023, according to a new report.…
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The Dubai property market is set to benefit when Expo 2020 transitions into a mixed-used community, Zoom Property said. Called “District 2020,” the new community will reuse and retain at least 80 percent of the infrastructure used for…
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The Saudi stock market ended the Tuesday session up 88.62 points, or 0.77 percent, closing at a high of 11555.53 points — a level not seen since January 2008. Liquidity amounted to SR7.6 billion, with shares in Aramco, Al-Rajhi Bank, and…
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A man has been arrested after breaking onto Kylie Jenner’s property and lighting fireworks in her backyard. The 24-year-old reality star’s Los Angeles property allegedly faced another trespasser this week, after a man was arrested on…
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A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, was pulled late on Wednesday, four financial…
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Bahrain-based investment firm Arcapita Group Holdings is in the process of forming a $1.5 billion real estate investment fund, with most of its assets in Saudi Arabia. CEO Atif Ahmed Abdulmalik made the disclosure in an interview…
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The rally in Dubai’s residential property prices isn’t stopping anytime soon, Bloomberg reported, citing a Morgan Stanley report. “Robust demand, peaking supply growth and long lead times for new projects could lead to a…
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