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Choosing Commercial Rental Commercial Rental refers to the rental of a property rental or space for business purposes. The terms of the rental agreement will depend on the specific needs of the business and the property owner. For example, a car repair garage will likely have different requirements for rental space than a central kitchen or food storage facility. Civil Defence, […]
Construction unit of Emaar Properties says half-year sales in Dubai rose by 50% despite dip in profit and revenue.Emaar Development, the building unit majority-owned by Emaar Properties, has recorded residential property sales in Dubai of AED9.3 billion ($2.5 billion) in the first six months of 2019…
The big question of Dubai real estate is not oversupply – it’s about the right kind of supply for the market. A few weeks ago, I drove to Damac Hills to interview Damac founder Hussain Sajwani. Not having cause to travel out that way too often, the many new developments came as a surprise, begging the…
Aldar Properties said government initiatives have spurred economic growth and are having a positive multiplier effect on the wider Abu Dhabi economy Aldar Properties, Abu Dhabi’s leading property development, management and investment company, announced a 7 percent increase in net profit for Q2 compared to the same period last year, on the back of strong ….
Savills report reveals emirate is fourth best global hub for returns on real estate investment. Dubai has been rated the third most affordable city in the world for purchasing prime residential property….
New Property Finder Trends report says increased housing supply continue to put downward pressure on rents in Dubai Villa/townhouse communities where rent reduced the most in H1 2019 were The Meadows (-18.1 percent), Green Community Motor City (-11.3 percent), Reem Mira (-10 percent), Al Furjan (-7.8 percent) and Damac Hills (-7.5 percent). Average apartment..
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