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| Mizin, the real-estate development arm of Tatweer, announced yesterday an alliance with RAKBank to provide a mortgage deal on Mizin's Remraam community that will ease the financial prioritisation of the development's existing non-mortgaged customers.
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| Investors and real estate experts have expressed confidence that
Dubai
's property sector will buck the global trend and continue to grow, backed by the country's strong economy.
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| Even as it aims for nothing less than a 25 per cent share of the local market, the facilities management subsidiary of Dubai Properties, Idama, is quite taken up with tapping prospects elsewhere.
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| While Dubai’s mortgage market is consolidating around a merger involving the duopoly of Amlak and Tamweel,
Abu Dhabi
has gone ahead and launched its own mortgage company.
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| HSBC has said it will take control of its tower in
Canary
Wharf
from troubled Spanish property giant Metrovacesa.
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