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Dubai’s Samana Developers Appoints Dow Jones Affiliated Complyfin to Implement AML/CFT Compliance Across Operations

Dubai’s Samana Developers Appoints Dow Jones Affiliated Complyfin to Implement AML/CFT Compliance Across Operations

Dubai, May 2024 – Samana Developers, a prominent real estate developer in Dubai, has recently partnered with Complyfin, an affiliate of Dow Jones, to enhance its compliance framework. This strategic move aims to implement Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) measures across Samana's operations, ensuring adherence to global standards. Read this also : Sharjah Real Estate...

Dubai's Ultra-Luxury Real Estate Set to Soar with HNWI Surge

Dubai’s Ultra-Luxury Real Estate Set to Soar with HNWI Surge

Dubai's ultra-luxury real estate market is poised for significant growth, propelled by a surge in high-net-worth individuals (HNWIs) and substantial investment inflows during the first quarter of the year. By 2025, HNWIs are expected to account for a 24.6% increase in Dubai's real estate market, driving the luxury segment to unprecedented heights. read this also : Emaar Properties Announces Dh4.4...

Sharjah Real Estate Thrives: February Transactions Surpass $844 Million

Dubai Bus On Demand: Your Last-Mile Solution

Introduction If you’ve recently stopped using e-scooters as part of your regular Dubai Metro commute, don’t worry! The Bus On Demand service is here to provide a convenient and efficient way to reach your home or office. Let’s explore how you can utilize this ride-pooling option. What Is Bus On Demand? Introduced by Dubai’s Roads and Transportation Authority (RTA) in 2020, the Bus On Demand...

Rise in Luxury Property Prices in Dubai and Manila Defies Global Trends: Knight Frank Report

Elevating Dubai’s Commercial Real Estate Landscape: Trends and Insights

In the heart of Dubai's bustling commercial real estate scene, a remarkable surge in demand for luxury office spaces is reshaping the skyline and redefining workplace standards. Companies, eager to set themselves apart and foster employee satisfaction, are driving this trend by investing in premium work environments. Read More : Tech-Driven Transformation: How Technology is Reshaping Dubai’s Real...

Dubai's New Master Communities to Enrich Villa and Townhouse Supply

Dubai’s New Master Communities to Enrich Villa and Townhouse Supply

Dubai anticipates the unveiling of three novel master communities in 2024, poised to address the burgeoning demand for villas and townhouses while propelling the emirate into its next phase of expansion. Despite the prevailing dominance of off-plan sales, these developments are set to inject vitality into the market. Read More : Union Properties Reclaims Success: Achieves Dh837...

Union Properties Reclaims Success: Achieves Dh837 Million Net Profit in 2023

Union Properties Reclaims Success: Achieves Dh837 Million Net Profit in 2023

Dubai's Union Properties is marking a triumphant return, showcasing a remarkable Dh837 million in net profit for 2023. Positioned as a leading developer in the region, Union Properties asserts that its diligent efforts towards recovery are yielding promising results, resonating positively with investors and the broader real estate market. Read more : Ras Al Khaimah Unveils ‘RAK Central’ – Northern...

Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion

Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion

Dubai's commercial real estate sector is set to defy remote work expectations as it prepares to welcome 44,000 square meters of new, premium office space in free zones across the city in 2024. This proactive response comes amidst surging demand for office accommodations, reflecting Dubai's resilience and attractiveness as a business hub. A report by commercial real estate company CRC highlights the...

Binghatti's $300 Million Sukuk Issuance Receives Strong Investor Response

Binghatti’s $300 Million Sukuk Issuance Receives Strong Investor Response

Binghatti, a prominent developer based in Dubai, has achieved a significant milestone with the successful launch of its inaugural $300 million, three-year sukuk issuance. This Islamic bond, priced competitively at 9.625%, has tightened by 30 basis points, showcasing robust investor confidence and demand. Click Here to Read More : Dubai Real Estate Witnesses Surge in Rent Prices: Dubizzle Annual Property...

Record-Breaking Real Estate Transactions Forecasted for Sharjah's Central and Eastern Regions in 2023

Record-Breaking Real Estate Transactions Forecasted for Sharjah’s Central and Eastern Regions in 2023

In 2023, real estate transactions worth $326.7 million are expected to occur in the Central and Eastern Regions of Sharjah, marking a significant increase from previous years. According to the annual report from the Sharjah Real Estate Registration Department, the Central and Eastern Regions witnessed AED 1.2 billion in real estate transactions in 2023, compared to AED 1 billion in 2022. Read this also...

Dubai Office Space Market Defies Remote Work Expectations with 44,000 Square Meters of New Developments

Dubai Office Space Market Defies Remote Work Expectations with 44,000 Square Meters of New Developments

In a surprising move contradicting remote work expectations, Dubai is set to witness the construction of 44,000 square meters of high-quality office space in free zones during 2024, responding to the city's surging demand. Read this also : In 10 Years, Sharjah Millionaires Projected to Surge by 120%; Dubai Ranks Third in BRICS Bloc Wealth Commercial real estate company CRC's report reveals plans for...

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