United Arab Emirates Property News

Azizi Developments Seeks to Expand Hotel Business from UAE to India

Azizi Developments Seeks to Expand Hotel Business from UAE to India

Recently in March Azizi Developments were confirmed to take on a grand project for Dubai Sports City which would cost over $200m around AED750million; this would build 431 apartments which are split into 238 studio flats, 140 one bed, 53 two-bedroom apartments. The project would be located on the well-known Sheikh Mohammed bin Zayed Road […]

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Gulf helps Mayfair regain London property top spot

Gulf Heavily Invests into Mayfair to Regain Top London Property Spot

Reports have been released for Mayfair taking over Knightsbridge on property prices which have happened for the first time this decade, statistics show an increase of 18% for Mayfair last year 2017. The luxury apartments in Mayfair were priced £2,378 per square foot in 2017 which is 6% higher than Knightsbridge – this report has […]

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VAT to be Introduced in the UAE – Find Out How much!

News has come out that the UAE will be introducing VAT at just five percent and this will be implemented January 1st, 2018. If you’re doing business in the UAE then you are in the right place – let us take you through how this may affect you. Do I need to register for VAT […]

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worldwide news

After UK, India, Nigeria and South Africa, Commercial People welcomes two new countries!

Commercial People was established as a worldwide search portal to provide comprehensive access to commercial and residential properties to buy and rent worldwide. Today we proudly announce two new members of this global family! After UK, India, Nigeria and South Africa, it is with great joy that we welcome Australia and the United Arab Emirates […]

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oil refenery

Oil price has fallen by approximately 5%, despite oil-producing nations agreeing to extend production cuts for a further nine months.

The meeting in Vienna between, energy ministers from both Opec and non-Opec countries have agreed to maintain output curbs, due to expire next month, until March 2018. Having said that, investors had been hoping the oil producers would go further. Brent crude fell $2.60 to $51.36 a barrel on Thursday and was trading at $51.47 […]

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The Towers of the House

The Most Expensive Building In The World

The Abraj Al-Bait (Translated as “The Towers of the House” is a government-owned megatall complex of seven skyscraper hotels in Mecca, Saudi Arabia. These towers are a part of the King Abdulaziz Endowment Project that strives to modernise the city in catering to its pilgrims. The 120 story Abraj Al Bait is the most expensive […]

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commercial properties in Dubai

Commercial properties & additional services

According to statistics, searches for property related information has risen by 253% in the last four years, not only that but in 2016 alone, 80% of all home buyers started their search for a new home online. Buyers want to know as much as possible about the property, see as many pictures as they can, […]

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UK investor demand is seen at London Dubai Property Show

At the recent Dubai Property Show in London, analysts have found British citizens are currently the second largest investors of Dubai real estate, investing a total of £1.9bn last year. This strongly suggests that UK investors are demanding for high quality real estate. Dubai’s property market fundamentals comprise of world-class infrastructure with a governing environment […]

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Private investors looking towards the UK market

Private investors from the Middle East and other parts of the globe have been eyeing opportunities to purchase landmark buildings. This is as large institutions are weary pre-referendum. Private investors include 3 Associates, a UK family office, aiming to deploy £500 million alongside its own capital, together with overseas partners into London real estate and […]

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dubai investment

Dubai Real Estate Participants Confident on High Indian Investment

Top real estate players in the Middle East are confident with Indians continuing to be among the most prolific foreign investors in the sector in the future months since official figures demonstrate that Indians have invested more than Rs 30,000 crore last year alone in properties. Indian real estate investors have presented an obvious preference […]

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