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Even in Dubai’s off-plan rush, niche opportunities emerge

These could be office buildings in select zones or residential options priced right Rapidly rising prices should always sound off alarm bells. These rises should not be a problem normally … if prices are a function of demographics, interest rates, household incomes and upcoming supply by zones. However, the key warning sign for unsustainable price…

Dubai ranks second in world in ease of issuing building permits

Dubai ranks second in world in ease of issuing building permits

City also tops region in ease of tapping construction permits Dubai: Dubai ranks second in the world when it comes to accessing building permits, a key factor when it comes to attracting businesses to base themselves in a city. This is as per the World Bank report that looks at how well — or otherwise…

Emaar looks to raise Dh5.5 billion from unit IPO

Emaar looks to raise Dh5.5 billion from unit IPO

Company announces price range of the IPO Emaar Properties aims to raise up to Dh5.5 billion ($1.5 billion) by selling 20 per cent, or 800 million shares, in Emaar Development through an initial public offering (IPO). The company announced a price range between Dh5.70 and Dh6.90 per share, valuing the company’s market cap at nearly…

Real estate a ‘powerful’ tool of UAE-India economic ties

Real estate a ‘powerful’ tool of UAE-India economic ties

Third edition of Dubai Property Sho opens to hundreds of investors in Mumbai The third edition of the Dubai Property Show, the annual property exhibition of Dubai Land Department (DLD), opened to hundreds of investors at Mumbai’s Bandra Kurla Complex on Friday. It was inaugurated by Sultan Mohamed Hamdan bin Khadim, Charge d’Affaires of the…