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Impact of the transaction will be reflected in the company’s first quarter earnings Emaar Properties, the UAE’s biggest-listed property developer, said it completed its Dh2.2 billion hotels sale deal as part of a wider strategy to focus on the core business of hotel management and move away from asset ownership. Emaar Hospitality, a subsidiary of…
Dubai leverages status as the world’s haven of branded luxury residences Home to the world’s largest collection of luxury branded properties, Dubai continues to attract global brands to its real estate market. The recent launch of Tonino Lamborghini Residences is testament to this trend. The project was announced in December and is the latest in…
Aldar to take full ownership of Etihad Plaza, Etihad Airways Centre Dubai: Aldar Investments announced on Wednesday it will be acquiring full ownership of Etihad Plaza and Etihad Airways Centre from Abu Dhabi’s Etihad Group for Dh1.2 billion. The transaction is expected to complete in the second quarter of this year, and will come in…
When people think of dubai, there are a few images that come up instantly. The silhouette of the Burj Al Arab with the sea lapping gently around it at sunset. Sunlight reflecting off the Burj Khalifa’s glittering facade on a bright summer morning. The spires of the Atlantis looming at the apex of Palm Jumeirah….
Owning a home is a keystone of wealth… both financial affluence and emotional security.