The six-month event, the first World Expo to be staged in the Middle East, is expected to attract up to 300,000 visitors a day when it opens in October 2020
Al Ain Properties, owned through an investment vehicle by Sheikh Hamdan Bin Zayed Al Nahyan, the Abu Dhabi Ruler's Representative in the Western Region of the emirate
Exhibitors at the three-day Cityscape Global showed off models of high-end skyscrapers and even "Floating Venice", a resort complete with underwater suites
The companies said discussions were at an advanced stage for Reem to receive new shares in Eshraq in exchange for Eshraq acquiring Reem’s entire business and assets
Supply of such properties in 2017 would not be far off demand, reflecting a move towards stability, Adil Taqi said
It's a combination of mismanagement and decline in oil prices, which has forced most of the region’s governments to cut down many of these projects.
Its property market has been under pressure for more than a year after oil-rich Abu Dhabi had to cut government spending and lay off thousands of workers at state-linked companies
Indians have emerged the top foreign property investors in Dubai, spending over USD 3.2 billion last year alone, according to the Dubai Land Department.
2017 sees a strong start for the Dubai real estate market in light of increased investor interest.
Increased investment interest from China, India and Saudi Arabia saw Dubai real estate sales achieve a high of AED12billion in the first two weeks of 2017
Experts attribute this sales increase to a number of factors, including Dubai’s new safe-haven status and investor friendly policies
The positive economic forecast continues to drive investor interest in Dubai property
The UAE real estate sector might have felt the after-shocks of the country's demonetisation move with some cancellations being reported in bookings, but the real estate experts are bullish for a mid-to-long term positive effect.
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