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Abu Dhabi property market set to remain ‘subdued’ in 2019

Abu Dhabi property market set to remain 'subdued' in 2019

Cavendish Maxwell report says average residential prices have fallen by 6% over the past year Activity in Abu Dhabi’s real estate market is expected to remain “subdued” this year following a challenging 2018, according to a new report. Cavendish Maxwell’s 2018 Abu Dhabi Property Market Report revealed that in the residential sector, prices continued to…

Ready-to-move-in properties in demand as prices fall in Dubai

Ready-to-move-in properties in demand as prices fall in Dubai

The sales prices are expected to remain under pressure in the foreseeable future. If you’re keen on buying Dubai real estate, the best deals can be found in new build, ready-to-move-in property. This is effectively newly built supply, which has been completed and still sits on the developers’ stock sheet. This property segment tends to…

Majid Al Futtaim revenue leaps to Dh34.6B on diversification drive

Majid Al Futtaim revenue leaps to Dh34.6B on diversification drive

Dubai firm continues to maintain strong balance sheet with total assets at Dh60.4B Leading retail and leisure conglomerate Majid Al Futtaim reported on Wednesday an 8 per cent growth in revenue to Dh34.6 billion and a 9 per cent increase in earnings to Dh 4.6 billion for 2018. In a statement, the Dubai-based company said…