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Abu Dhabi Developer Buys Towers Worth $1.2 Billion From Mubadala

July 28, 2022 Aldar Properties PJSC is buying four commercial towers valued at 4.3 billion dirhams ($1.2 billion) from Mubadala Investment Co., a deal it said was among the biggest real estate transactions in the United Arab Emirates.  The agreement includes the four main office towers in Abu Dhabi Global Market, an international financial center based in the capital of the United Arab Emirates. …

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President Sheikh Mohamed orders delivery of Dh2.3bn housing loans for Emiratis

He calls for all pending applications through the Sheikh Zayed Housing Programme to be completed President Sheikh Mohamed has ordered Dh2.3 billion of grant applications made to the Sheikh Zayed Housing Programme to be finalised. The move is in line with a long-standing vision to provide decent living conditions for Emiratis and enhance their quality of life and falls under the initiatives of the …

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AED 2 MILLION GOLDEN VISA BOOST TO PROPERTY INVESTORS

Lowering the Golden Visa’s minimum property investment to AED 2 million will attract significant new buyers and entrepreneurs, particularly to off-plan properties. The United Arab Emirates this week took the landmark decision to lower the investment threshold that, if crossed, would make investors eligible for a Golden Visa. AED 2 million of investment in the country’s property market will now prove enough for buyers …

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Aldar expands land bank with 6.2 million m2 Saadiyat Island acquisition

Aldar’s plot will be developed into a leading mixed-use development, with villas and retail offerings spread throughout a nature-inspired residential community The plot will be developed into a leading mixed-use development, with villas and retail offerings spread throughout a nature-inspired residential community. ALDAR Properties (Aldar) has acquired 6.2 million m2 of land located on the east side of Saadiyat Island The acquisition significantly bolsters …

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Abu Dhabi developers rush to market with offplan launches, with ‘Bloom Living’ being the latest

Recent days see back-to-back launches, including the Louvre homes from Aldar The back-to-back launches come as developers in Abu Dhabi realise there is still heavy pent-up demand for homes from end-users. Dubai: Abu Dhabi developers are coming out with new offplan projects thick and fast, with recent days seeing two massive residential community launches while Aldar introduced super-premium homes under the fabled ‘Louvre” brand …

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A new gated community “Bloom Living” has been launched by Bloom Holding in Abu Dhabi

Bloom Holding has announced Bloom Living, an all-inclusive, fully integrated community in Abu Dhabi. Located on 2.2 million square meters of land, the iconic gated community includes over 4,000 homes, including villas, townhouses, and apartments to meet the needs of residents of all generations. The architecture of Bloom Living is inspired by the rustic vibe of the Mediterranean and seamlessly incorporates traditional Spanish design …

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Bloom Holding launches all-inclusive community with over 4,000 homes in Abu Dhabi

Real estate development company, Bloom Holding, has announced the launch of Bloom Living, an all-inclusive community located in Abu Dhabi. Built over an area of 2.2 million sqm, the gated community will feature more than 4,000 homes, including villas, townhouses, and apartments . The project fuses traditional Spanish design with contemporary finishing’s with Phase 1 of the community named Cordoba after the Andalusian city. …

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Spanish-style project with 4,000 homes in Abu Dhabi

Bloom Holding, an Abu Dhabi-based real estate developer, has launched a Dh9 billion ($2.45bn) gated community in the capital to cater to growing demand for properties in the emirate. Bloom Living will feature more than 4,000 Spanish-style villas, townhouses and apartments surrounding a large lake. The first phase of the development, named Cordoba after the Andalusian city, is scheduled for completion in the UAE …

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Q Properties launches $2.2bn Reem Hills residential project

Project will be set on a man-made hill and will offer residents a variety of amenities Q Properties has launched the first phase of Reem Hills, a $2.2bn gated luxury community development that is taking shape in an exclusive location on Al Reem Island in Abu Dhabi. Reem Hills features a unique man-made hill and is designed to encourage its residents to indulge their …

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ALDAR launches 182- units for Sale

REFLECTION II located at the heart of Reem Island Leading Abu Dhabi developer Aldar Properties  has announced that all 182 apartments at the second tower of its boutique Reflection project are now available for sale. Reflection II is located at the heart of Reem Island, overlooking Abu Dhabi’s mangroves, and with all units ready to move in during Q2 2022, sales will start from …

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UAE property prices set to rise in 2022 amid government initiatives, experts say

International interest in the real estate market is expected to remain strong UAE property prices are set to continue rising in 2022, driven by supportive economic reforms and an accelerated vaccination programme that has helped to hasten a rebound from the coronavirus-induced slowdown last year, according to experts. “The UAE property market will perform in a healthy way,” Haider Tuaima, head of real estate …

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