real estate

September 17, 2020

Ajman Sewerage, a government venture in partnership with leading international water treatment experts Besix and Veolia, has started work on Phase Three of its foul drainage and wastewater collection project at the Humaideya Sector 1 in the northern emirate.

The scope of work includes laying of a complex drainage and wastewater collection network that will connect to Jurf 2 commercial network and provide sewerage services to residential and commercial properties in the area. The network will also include over 525 manholes, said the company in a statement.

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September 17, 2020

Ideal Standard, one of the world's leading manufacturers of bathroom solutions, has introduced a new design-led collection, Atelier, following its exclusive partnership with renowned Italian design studio Palomba Serafini Associati and appointment of Roberto Palomba as Ideal Standard’s Chief Design Officer.

Ludovica and Roberto Palomba, international design masters with over 25 years of experience in the field of bathroom design innovations have unveiled a collection that also includes an exclusive range of bathtubs, said the statement from Ideal Standard.

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September 16, 2020

Sharjah Executive Council has approved the list of beneficiaries (those with a monthly income of less than AED25,000), who will given housing grants this year towards new construction, completion, addition and maintenance of housing in various regions of the emirate.

The decision was taken at a meeting chaired by Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and SEC Chairman at the Sharjah Ruler’s office in the presence of HH Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and SEC Deputy Chairman.

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September 15, 2020

Jubail Island Investment Company (JIIC) has awarded a contract to design 16 villa and townhouse typologies to be constructed within Phase 1 of the Dh5 billion Jubail Island project.

The unique designs will cater to diversified buyer demands and include a myriad of differing floor plan layouts, and serviced plots ranging in size from 1,200 to 2,205 square metres - meeting market demand particularly addressing Emirati household preferences.

The units will blend seamlessly into the adjacent natural environment which completely surrounds and meanders through the communities."...

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September 14, 2020

DUBAI, 13th September, 2020 (WAM) -- Dubai South Properties has announced that investments in its first leasehold staff accommodation development, Sakany, have reached AED500 million, helping to position the project as a regional benchmark for safe and secure housing for blue collar workers.

The welfare of residents is central to the Sakany project, reflected in its first-rate leisure facilities and well-equipped medical rooms.

There is also ample parking, which can accommodate every resident, as well as additional visitors, following the recent extension of the car"...

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September 13, 2020

The upcoming Expo 2020 Dubai shines spotlight on innovative best practices solving some of the world’s biggest challenges under the Global Best Practice Programme.

An environmentally-friendly water treatment plant that has created a wetland in Oman’s desert, a project from the UK building battery-powered underwater fishing lights to reduce unwanted catch, and a UAE-based educational platform that harnesses artificial intelligence to personalise learning experiences for students are among the second stream of projects under the Programme.

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September 12, 2020

Dubai Real Estate Institute (DREI), a unit within Dubai Land Department (DLD), recently the virtual ‘UAE-KSA Real Estate – post-Covid-19’ conference that was organised in cooperation with the Smart Decision Training Center (SDTC) in Saudi Arabia.

The objectives of the two-day conference included achieving coherence and communication among public and private sectors in the UAE and the KSA to develop real estate knowledge.

The"...

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September 10, 2020

A new federal law that allows charges to be placed on movable assets will allow banks and financial institutions to diversify lending to businesses, particularly small to medium-sized enterprises, a Ministry of Finance official said.

Federal Law No (4) of 2020 on Securing Interest with Movable Property was issued by UAE President Sheikh Khalifa in May this year.

It allows companies to use tangible assets such as tools and raw materials, as well as intangible assets such as receivables and collateral against loans, making it easier for lenders to offer products that"...

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September 10, 2020

DUBAI, 9th September 2020 (WAM) - Dubai Real Estate Institute (DREI), in Dubai Land Department (DLD), concluded the virtual ‘UAE-KSA Real Estate – post-COVID-19’ conference that was organised in cooperation with the Smart Decision Training Center (SDTC) in KSA via remote communication technology. The objectives of the two-day conference included achieving coherence and communication among public and private sectors in the UAE and the KSA to develop real estate knowledge.

The conference consisted of seven main tracks, and its activities concluded with a number of recommendations and lessons from the proposed tracks, comprising"...

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September 9, 2020

Dubai-based developer Omniyat said more than 90 per cent of the work has been completed on its ultra-luxurious project, One at Palm Jumeirah, Dorchester Collection, and it was on track for delivery this December.

Located at the track of Palm Jumeirah, One Palm is a yet another luxury residential project by Omniyat which has been built, designed and crafted by renowned award-winning New York firm Soma Architects.

Reflecting"...

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