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Still plenty of takers for luxury realty in Dubai

Sales go live for new Kempinski Residences tower project in Business Bay Dubai: Worried about selling luxury property in Dubai? When you have sold a Dh111 million penthouse (at Al Habtoor City on Shaikh Zayed Road) to a Saudi investor, worry should be the last sentiment on anyone’s mind. For Dr. Brian Etemad, CEO of…

UAE consumers increasingly interested in buying property

Consumers in the UAE appear to agree with the current real estate market sentiment that now is good time to buy property, according to statistics from compareit4me.com, the Middle East’s leading finance comparison site. Using data from its mortgage comparison platform, compareit4me can reveal that there was an 119.5% increase in the number of people…

Setting sail alongside the Dubai Water Canal

Dubai Properties confirms Promenade at Business Bay will open next month Dubai: The first of Dubai’s real estate attractions along the winding Water Canal is all set to open in November itself — the 12-kilometre long Marasi Business Bay Promenade from Dubai Properties. The opening, which coincides with that of the Canal itself, of the…

It’s no longer about just locations in Dubai realty

Sub-markets and individual plots are starting to make it count for developers Dubai: The chase for yields in Dubai is no longer about opting for one location over the other. These days, it is fast turning into sub-markets within a freehold cluster or even particular plots. For the launch of the new Kempinski Residences skyscraper…