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Classified Properties
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» Residential apartments and villas in Dubai
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News & Articles
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Featured Story
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Nakheel Employee Under Investigation
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In the latest development in a series of investigations carried out to reveal bribery and corruption in several real estate and financial firms in Dubai, one of Nakheel's employees has been taken in for questioning. The report was issued by Nakheel Properties, the builders of Dubai Palm Islands. This news comes just a day following another probe was carried out on a few former employees of Tamweel and a month after investigations into Dubai Islamic Bank and its affiliate Deyaar concerning financial irregularity allegations.
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Featured News
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“Flipping” clampdown planned by Aldar Properties
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One of Dubai’s leading real estate developers, Aldar Properties has announced plans to place restrictions on the terms and conditions of its property sales as a result of a property “flipping” trend that is occurring frequently across the entire UAE.The move comes after a recent jump in property prices in Abu Dhabi (61%) and Dubai (37%), both increases were published at the end of 2007and into 2008.
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Featured Article
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Cascade Ville, Cascade Manor and The Estates on schedule
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Three new projects, Cascade Ville, Cascade Manor and The Estates, located in the heart of the Culture Village have been officially launched with their ground breaking by Dheeraj and East Coast L.L.C (DEC), a leading Dubai-based property developer; the projects are worth A.E.D 615 million.Two of the projects, Cascade Ville and Cascade Manor are purely residential, while The Estates is a mixed-use project.Sailesh Jatania, Chief Finance Officer, DEC, while speaking at the occasion sited this development as major step forward for the project, indicating that progress being made was right on schedule.
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