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Category: PROPERTY

Posted on January 16, 2023

Russians become biggest buyers of Dubai property as sanctions drive oligarchs out of Europe

Russians have become the biggest foreign buyers of property in Dubai after the desert oasis became a refuge for wealthy oligarchs fleeing sanctions. In the wake of the Ukraine war, many super-rich …

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Posted on January 16, 2023

Dubai’s $10 million-plus property sales hit all-time high as millionaires flock to emirate

219 transactions for properties with over $10 million value were made last year as compared to 93 in the previous year, an increase of 135% …

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Posted on January 16, 2023

Dubai property market performance was exceptional in 2022, says Sheikh Hamdan

The performance of the Dubai property market last year was described as exceptional by Crown Prince Sheikh Hamdan bin Mohammed, as the value of deals reached a new high of Dh528 billion ($143.7 …

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Posted on January 16, 2023

Dubai’s annual realty transactions top Dhs500b for first time in 2022

Dubai’s annual real estate transactions have crossed the milestone of half a trillion dirhams for the first time in 2022, as the sector witnessed transactions worth a record Dhs528 billion in 2022, a …

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Posted on January 16, 2023

Dubai property price increase fuelled by high net worth investors

The overall prime real estate market in Dubai has seen an increase in average prices of 8.72% Dubai property price increase fuelled by high net worth investors Dubai Land Department, Dubai luxury real …

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Posted on January 16, 2023

Russian buyers help propel Dubai property sales to record levels

RUSSIANS were the biggest international buyers of Dubai real estate last year, when the city emerged as a safe haven amid geopolitical and economic uncertainty elsewhere, Dubai-based brokerage …

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Posted on January 16, 2023

Russians lead Dubai property investments in record $56bn year

Russians were the biggest international investors of property in Dubai last year Russians lead Dubai property investments in record $56bn year Dubai, Dubai real estate, Dubai real estate market, Dubai …

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Posted on January 16, 2023

Application to register Vkusno & Tochka trademark under review in Kazakhstan – justice ministry

An application from Russia’s Sistema PBO LLC [formerly McDonald’s LLC, Russia] to register the Vkusno & Tochka trademark in Kazakhstan is being reviewed by an expert panel, Kazakhstan’s Department of …

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Posted on January 16, 2023

Russian chain Delicious, Full Stop applies for registration in Kazakhstan after McDonald’s exit

Local publication Vlast reported on January 16 that the restaurant chain Delicious, Full Stop, which replaced McDonaldʼs in Russia, had applied for the registration of its trademarks in Kazakhstan.

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Posted on January 16, 2023

Failure to prevent violence after May 9: CA issues notices on Shavendra Silva, IGP and others

IGP Chandana Wickremaratne and several others returnable for February 24 in connection with a writ petition filed 22 government Parliamentarians representing Sri Lanka Podujana Peramuna (SLPP). Filing …

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