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Omniyat taps Dh147m construction finance

Omniyat

Omniyat taps Dh147m construction finance Omniyat has secured a Dh147 million construction finance from Kuwait’s Burgan Bank for its twin-tower project, The Sterling, at the Burj Khalifa district. The development will offer 385 residential split between penthouses, townhouses and apartments. “We are delighted to be working with Burgan Bank,” said Mark Phoenix, managing director at…

Dubai’s developers push discounts to get sales going

Dubai property festival

Dubai’s developers push discounts to get sales going Buy off-plan or opt for a ready-to-move-into home from the secondary market? If Dubai’s developers had their way, they will want you deciding only on the first option. And they keep sweetening their offers to make that happen. At the Dubai Property Festival, a three-day event which…