Category: Real Estate Market
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Emaar Properties announces AED 4.4 billion dividend (50 fils/share) and reports record AED 40.3 billion property sales in 2023
Emaar Properties appoints new Board of Directors to spearhead the company’s growth strategy. · Emaar’s year to date domestic property sales reached over AED 19 billion (US$ 5.2Billion), grew by over 60% compared to same period last year. · Emaar continues to focus on digital transformation and market expansion to bolster future growth. United Arab Emirates, DUBAI…
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MERED and Pininfarina Successfully Present the ‘ICONIC Tower’ at MIPIM 2024
Dubai, UAE, 18 March 2024 – MERED, a prominent international real estate developer, along with the globally renowned Pininfarina, an illustrious name in architectural design, successfully participated in MIPIM 2024 in Cannes, France, showcasing their flagship project, the ‘ICONIC Tower’, a symbol of ultra-luxury living in the heart of Dubai. Marking their inaugural participation at the…
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DLD honours owner of real estate investment transaction number ‘1,000,001’ with several top-performing real estate brokers and investors
Dubai, United Arab Emirates, 01st March 2024: Dubai Land Department (DLD) concluded its participation in the International Property Show – IPS 2024, which spanned three days with the involvement of 125 local and international exhibitors. The event provided a platform for exchanging expertise and showcasing the latest projects and most promising investment opportunities the real…
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Super prime property developer launches on Palm Jumeirah to cater for influx of global elite
Dubai, 14 February 2024 – International entrepreneur and investor David von Rosen has announced the launch of 25 Degrees – a new top-end Dubai-based property developer co-founded with a Dubai-based family office – and the completion of its first luxury villa on the Palm Jumeirah. Having invested more than AED 500 million of his own private…
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MERED announces strategic partnership with Pininfarina to develop ICONIC Tower in Dubai
24 January 2024, Dubai UAE – MERED, a prominent international real estate developer, has officially announced its strategic collaboration with the globally renowned Pininfarina, an illustrious name in architectural design. This partnership will shape the future of Dubai’s skyline with the development of MERED’s flagship project “ICONIC Tower,” a symbol of ultra-luxury living in the…
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UK to Draw GCC Investors Seeking Diversification and Stability
Dubai, UAE, 21 December 2023: Select Property, a leading UK-based property developer and investment partner with over 18 years of experience in Dubai, sheds light on why Middle Eastern investors are forecasted to invest $3.2 billion into UK real estate in 2024. According to Adam Price, CEO of Select Property, tourists from the Gulf Cooperation Council (GCC) have…
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Dutco and Ellington Properties unveil a new residential development, One River Point, under the Dutco Ellington brand
Dubai, UAE; November 7, 2023: Dutco andEllington Properties today announced the launch of their new waterfront project, One River Point, in Dubai. This comes on the back of the strategic alliance announced earlier this year to develop several premium residential developments in major communities extending well beyond Dubai and the UAE. Dutco, established in 1974, is a leading…
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Nitya Capital Exits Three Assets in Texas Delivering Strong Returns
HOUSTON — Nitya Capital, the international real estate investment firm headquartered in Houston, has recently concluded the sale of three multifamily properties in both the Austin and Houston regions. These transactions contribute to Nitya’s growing record of 77 property exits valued in excess of $2.5bn since its establishment in July 2013, solidifying its standing in…
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Inside the Newly Launched Stella Stays Residences in the Heart of London
Dubai, UAE, 2 November 2023 – Stella Stays, the UAE proptech start-up renowned for its disruptive approach to flexible rentals, proudly announces the grand opening of its branded residences in the heart of Baker Street, London. Expanding its real estate portfolio to its seventh market, Stella Stays reaffirms its commitment to redefining global rental experiences.…
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Dubai’s Most Anticipated Luxury Residences: An Inside Look into the Residence-only Members Club at the SLS Residences at Palm Jumeirah
Dubai, UAE –Roya Lifestyle Developments, Dubai’s recently-launched, luxury lifestyle real estate development company behind SLS Residences at Palm Jumeirah, unveils the details behind the amenities of its inaugural development. A pinnacle of opulence, the SLS Residences at Palm Jumeirah will be home to a comprehensive range of first-class amenities, aligning with Roya Lifestyle Developments’ mission…
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