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Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. [1] Dubai's real estate market has experienced growth and transformation, driven by the city's rapid ...
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Dubai Properties is a property development and management company based in Dubai, United Arab Emirates. [2] The company is a member of the Dubai Holding group. [3] In 2009 the attorney general of Dubai stated that Hashim Al Dabal, then chairman of Dubai Properties, was arrested on "suspicion of embezzlement". [4]
During the Great Recession, Dubai's real estate market declined after a six-year boom. On 25 November 2009, the Dubai government announced that the company "intends to ask all providers of financing to Dubai World to 'standstill' [11] and extend maturities until at least 30 May 2010". [12] The company has laid off 10,500 employees worldwide. [13]
Nakheel Properties (Arabic: نَـخٍـيْـل, romanized: nakhīl, lit. 'palm tree') is a real estate development company based in Dubai, United Arab Emirates. [3] The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise.
regulating real estate advertisements in the Mass media; regulating and licensing real estate exhibitions; publishing studies for the sector; enhancing national participation in the real estate sector; RERA also informs people on regulatory acts when buying and renting the real estate in Dubai. [1] Land resources can be in security until the ...
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