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Sheikh Mohammed approves UAE bankruptcy law

In a series of tweets, Sheikh Mohammad bin Rashid Al Maktoum, Vice-President of the UAE and Prime Minister and Ruler of Dubai, said: “Today, we approved the final draft of the Federal law on Bankruptcy. “The law aims to promote the investment attractiveness of the UAE economy and facilitate business.” The new law paves the…

Nakheel reveals more details of its Dh7.5 billion Jebel Ali Gardens community

Tasks six Emirati firms with overseeing design and construction supervision Dubai master developer Nakheel is drawing on the talent and expertise of home-grown engineering and architectural consultants to help deliver its new Dh7.5 billion Jebel Ali Gardens community. Nakheel has tasked six Dubai-based, Emirati-led companies with overseeing the design and construction supervision of the sprawling…

Don’t know where apartments return top yeilds in Dubai? Here’s where

Investment in Dubai’s real estate market has remained persistently strong on the back of superior rental yields properties in the emirate offer.Compared with global realty hubs like London and Singapore, the return on investment from properties acquired in the Dubai stands head and shoulders above international compatriots. Over the months, Bayut has noticed yields for…