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| Emaar Properties and Dubai Holding are in advanced talks over a potential merger of the publicly listed company with developers Dubai Properties, Sama Dubai and Tatweer.
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| Rents for homes in the capital have shot up by 20 per cent this month despite earlier forecasts that they would fall, said real estate authorities.
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| Nakheel, the real estate development arm of Dubai World, has stopped allowing mobilisation on concept design after a number of third-party developers have gone absconding. Mobilisation refers to works the developer begins on the actual site.
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| Kuwait-based Al Mazaya Holding is still sticking to the payment collection process as stipulated in the sales and purchase agreement for its Queue Point residential project at Liwan in Dubailand despite the project being delayed by eight months, said a senior company executive.
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| Almost three quarters of a year after real estate prices started their southbound journey banks are restarting mortgage lending
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