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Road to Net Zero

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Road to Net Zero

Music & On-stage

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Road to Net Zero

Music & On-stage

Fashion & Beauty

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Property

Real estate news and analysis

A robot carries out temperature checks of shoppers at Aldar Properties' Yas Mall. The developer has extended about Dh190m to retail tenants and schools customers since the onset of Covid-19. Victor Besa /The National

Cash-rich Aldar weighs up buying opportunities

PropertyNovember 12, 2020

Damac Properties' Park Towers project in the Dubai International Financial Centre. The company paid down Dh500m worth of debt in the first nine months of 2020. Image courtesy of Damac Properties.

Dubai's Damac Properties swings to Q3 loss on impairments

PropertyNovember 12, 2020

Aldar's spherical Abu Dhabi headquarters will be framed by blue skies on Friday.. Victor Besa/The National

Aldar Properties reports third quarter revenue jump on higher sales and management fees

PropertyNovember 12, 2020

The entrance to the Dubai Hills estate, which was one of the new developments where prices actually rose during the third quarter, according to consultancy Asteco. Victor Besa / The National

Emaar Properties chairman upbeat despite revenue and profit slide

PropertyNovember 11, 2020

Tenants can always look for guidance to the Dubai Rental Dispute Committee in order to cancel their rent contract with no penalty. This has been done in many instances during the pandemic this year. Reem Mohammed / The National

Homefront: ‘Can I cancel my rent contract if I lose my job?’

MoneyNovember 11, 2020

Investcorp's assets, which it sold, were located in major metropolitan areas in Arizona, California, Florida and New York. Courtesy Investcorp

Investcorp sells US residential properties for $900m

BusinessNovember 10, 2020

RAK Properties handed over apartments at the Gateway Residences project, part of its Dh10 billion Mina Al Arab development in Ras Al Khaimah, during the second quarter. Pawan Singh / The National

RAK Properties profit drops on higher finance costs

PropertyNovember 08, 2020

Bloom Residences, a 225-apartment project that is part of Bloom Marina in Abu Dhabi’s Al Bateen area. Courtesy Bloom Properties

Abu Dhabi’s Bloom Holding appoints Walid El Hindi as its new chief executive

BusinessNovember 08, 2020

Real estate experts recommend home owners not to make drastic changes to bedrooms and bathrooms as these are generally viewed as spaces that add value. Getty Images

10 mistakes that will drag down the value of your home

MoneyNovember 07, 2020

The average UK house price now tops a quarter of a million pounds (£250,457) for the first time in history. Reuters

British house prices rise at fastest rate since 2016 with average homes topping £250,000

PropertyNovember 06, 2020

The Manila skyline. Manila’s high-rise residential condominiums, office and retail have been beat up by the recession. Bloomberg

Rich Filipinos drive seaside property sales near Manila

PropertyNovember 06, 2020

Investcorp is targeting $4 billion of property acquisitions over the next two years in the US and Europe. Courtesy Investcorp

Middle East's top private equity firm targets $4bn in property acquisitions in US and Europe

BusinessNovember 04, 2020

The law is silent when it comes to returning the security deposit when deals go wrong. It is up to the parties to decide the fate of this down payment as per any agreement. Getty Images

Homefront: ‘Should I return a non-refundable deposit for a deal gone wrong?’

MoneyNovember 04, 2020

A view of old Muscat. Foreigners may soon be able to invest in a wider selection of Oman's property market. Reuters

Oman to broaden foreign investor access to its property market

PropertyNovember 04, 2020

The New York skyline. The coronavirus pandemic has led to a pick up in demand for properties in suburbs of major cities such as New York. Getty Images

Properties in New York and London suburbs record strong demand amid pandemic

BusinessNovember 04, 2020

Twenty-two per cent of acquisitions this year were bought by overseas investors that had not viewed the properties themselves, says LCP. Getty Images

Over a fifth of prime central London homes bought 'sight unseen' by overseas buyers

PropertyNovember 03, 2020

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