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In June 2023, Provident Estate obtained exclusive rights to launch and sell Habtoor Tower, the Al Habtoor Group's inaugural freehold property on Sheikh Zayed Road. [ 6 ] [ 7 ] In December 2023, Provident Estate sold the 3rd most expensive penthouse in the world covering almost 22,000 square feet [ 8 ] – Como Residences on the Palm Jumeirah ...
They provide a flexible and credible option for foreign investors to register an offshore company in UAE without the need to establish a physical presence in the UAE. RAKICC is also allowed to hold the freehold property in Dubai. [7] A RAK offshore company formation can engage in almost any form of international business. While it is prohibited ...
Loai Al Fakir is a real estate professional and the Chief Executive Officer of Provident Estate, a real estate brokerage firm based in Dubai. He established the company in 2008. The firm provides property management and brokerage services. [1]
The government's decision to diversify from an oil-based economy, and to make Dubai the main hub of tourists in the world, has made and other developmental projects such as Dubailand, more valuable, resulting in the property boom from 2004 to 2007. There are over 1,500 major freehold developments and communities in Dubai. [1]
It consists of 9 distinct districts and contains the site for the flagship Dubai Creek Tower, this 1,480-acre mixed-use development was announced in 2013. [31] Upon completion, it will be home to a variety of residential, commercial, and leisure facilities. Dubai Creek Harbour is situation near to Ras Al Khor Wildlife Sanctuary and Downtown ...
Emirates Hills is the most expensive villa community to buy or rent a property in Dubai, with buyers paying up to Dh2,604 per square feet. [ 6 ] Some notable residents included the late Benazir Bhutto ; [ 7 ] [ 8 ] [ 9 ] the managing director of Géant Middle East, Mohammed Ayub Shaikh; Abdul Rahiman Abdul Azeez, owner of Alpha Smart Security ...
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Wasl is a semi-government entity established on May 25, 2008, by the Dubai Real Estate Corporation (DREC) to oversee the development and management of its assets. [4] It was created following the merger of two public sector organisations: Dubai Development Board and Real Estate Department.
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