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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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UAE: New residential property supply slows significantly

Realty consultancies expect rentals to continue to rise in early 2022 by  Waheed Abbas The UAE real estate market continues to recover but the new residential supply slowed significantly in Dubai in the third quarter due to continued Covid-19 linked restrictions and delays. According to real estate consultancy Asteco’s third-quarter report released on Monday, Dubai saw only 100 villas and 3,600 apartments while approximately …

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