News
Selected News
Dubai attracts global institutional property investors
30-04-2008 - International property consultants Strutt & Parker have announced their plans to open in Dubai . They will be hoping to capitalize on an increase in interest from its major institutional clients who have watched the evolution of the Dubai vision and now want to participate.
The UK market faces a much tougher time this year. Commercial property transactions have slumped by as much as three-quarters in the first three months of 2008, with the global financial crisis impacting on activity. It is perhaps one of the reasons Strutt and Parker have chosen now to open in Dubai where the commercial property boom continues.
The Dubai market has also attracted the American Insurance Group, the first big investment by a US financial institution in Dubai property. Dubai attracting these large global institutions is another mark of progress for Dubai property: for it is the presence of these players that will ultimately drive rental yields down to global levels, and capital values upwards.
Other News
24-07-2008 -
Dubai’s real estate market is underpinned by strong fundamentals. Demand is outstripping supply, and rental yields are high. According to Colliers International, property prices in freehold areas in Dubai rose by 42% during the first three months ...More...
24-07-2008 -
Property developer Limitless, which is owned by the Dubai Government, could face competition in the middle of intense negotiations to buy British developer Minerva for an estimated Dh1.9 billion (£260 million).
A spokesperson for Minerv ...More...
A spokesperson for Minerv ...More...
24-07-2008 -
Residential rents in Dubai rose 22 per cent year-on-year, but at a slower pace compared with the previous figure, said Asteco Property Management, a property services consultancy firm in the UAE. Residential buildings along Shaikh Zayed Road continue to ...More...
23-07-2008 -
The UAE home finance market is expected to double during the next four years to reach around Dh80 billion by 2012, says Kuwait's Global Investment House.
The market is at present worth between Dh35bn and 40bn, equal to five per cent of th ...More...
The market is at present worth between Dh35bn and 40bn, equal to five per cent of th ...More...
23-07-2008 -
Dubai property market has a long way to go, said Dubai-based property developer Harry Kantaria, allaying any fears that the market may be close to saturation.
Kantaria, chairman of Aspire Real Estate, who recently launched the Santorini devel ...More...
Kantaria, chairman of Aspire Real Estate, who recently launched the Santorini devel ...More...
23-07-2008 -
Khoie Properties, the real estate arm of the $2 billion UAE-based Khoie Group, was one of the early movers in the Ras Al Khaimah property development market when the company announced the Dh1bn La Hoya Bay in Al Marjan Island development.
In ...More...
In ...More...
20-07-2008 -
Is now the time for second home markets like Dubai to change the thrust of their marketing, and try to appeal to lifestyle buyers rather than pure investors? I ask the question because the largest research ever conducted into Britons who buy holiday hom ...More...
20-07-2008 -
Al Fara’a Properties, the flagship subsidiary of the Al Fara’a Construction, Industrial and Property Group, has announced the launch of the AED 1 billion ’Burj Al Fara’a’, a state-of-the-art commercial tower located in the ...More...
20-07-2008 -
Damac Properties - the luxury lifestyle provider and Middle East's largest private sector master developer is witnessing an overwhelming response for properties in Jumeirah Lake Towers.
Located in the heart of the city, Damac's two pr ...More...
Located in the heart of the city, Damac's two pr ...More...
17-07-2008 -
Dubai: House prices in Dubai are set to moderate in 2010, as supply and demand begin to strike a balance, according to industry analysts.
Robert McKinnon, managing director of Al Mal Capital Research, said: "Into next year we expect prices to ...More...
Robert McKinnon, managing director of Al Mal Capital Research, said: "Into next year we expect prices to ...More...
17-07-2008 -
Hydra Properties, a developer based in Abu Dhabi, is in talks with the New York-based property behemoth Trump Organisation to build a mixed-use residential and hotel tower on Reem Island, says Hydra’s chief executive.
Negotiations are o ...More...
Negotiations are o ...More...
17-07-2008 -
Danial Schon, Vice President of Schon Properties, talks to AME Info about the Dubai real estate market, which sectors investors should be looking into for the biggest returns and why he thinks that prices across the city can only keep increasing.
< ...More...
< ...More...
16-07-2008 -
The famous Dubai may get all the attention when it comes to hot real estate markets in the Middle East, but Abu Dhabi, the capital of the United Arab Emirates (UAE), is pushing through to the front of the line and demanding to be noticed. Its growing pr ...More...
16-07-2008 -
The merger of US-based architectural firms Cubellis and A/R Environetics Group will also impact the Dubai operations of Cubellis, said the company's president in an interview with Emirates Business yesterday.
Cubellis, an architecture, in ...More...
Cubellis, an architecture, in ...More...
16-07-2008 -
Hydra Properties today said that it has fast tracked its prestigious Hydra Downtown Tower project, located at the Sheikh Zayed Road, Dubai, by beginning excavation and piling work for the project.
Commenting on the progress of the Hydra Downt ...More...
Commenting on the progress of the Hydra Downt ...More...
15-07-2008 -
Aldar Properties yesterday awarded Drake & Scull International (DSI) a Dh125 million mechanical, electrical and plumbing (MEP) contract for two hotels to be built on Yas Island in the UAE capital.
The properties, the Yas Island Rotana Res ...More...
The properties, the Yas Island Rotana Res ...More...
15-07-2008 -
The developer Emaar has warned residents against disturbing neighbours and spoiling the image of its properties, introducing fines for anyone who violates its community rules.
With their secluded settings and perfectly manicured lawns, Emaar& ...More...
With their secluded settings and perfectly manicured lawns, Emaar& ...More...
15-07-2008 -
Housing shortage in Abu Dhabi is leading people to move to Dubai, pushing up prices, particularly in developments closer to the border that are now relatively cheap because they are less central, according to a recent report.
However, in the ...More...
However, in the ...More...
13-07-2008 -
All properties sold off-plan in Dubai, on both the primary and secondary markets, will need to be registered under a new regulation to be introduced this month by the Dubai Land Department.Since the introduction last year of the Real Estate Regulatory A ...More...
13-07-2008 -
Al Fara'a Properties has announced its plans to launch a series of new projects collectively valued at Dhs10bn in Dubai by the end of 2008. The projects will be located in Dubai Maritime City, Dubai Waterfront, Down town Jebel Ali, and Al Reem Islan ...More...
13-07-2008 -
Select Group, a leading private developer of luxury residential property in the UAE, announced the launch of its Dhs5.5bn private island development, Aquitainia, on The World archipelago promoted by master developer, Nakheel.
Aquitainia, whic ...More...
Aquitainia, whic ...More...
10-07-2008 -
The Dubai Financial Market (DFM) index turned upwards in yesterday's session in what analysts described as a temporary technical movement before it continues on its downward trend until the expected support level of 5200 points.
The index ...More...
The index ...More...
10-07-2008 -
Investors who bought many of the 7,500 units at Jumeirah Beach Residence (JBR), expecting great views of the ocean, are shocked to see a car park coming up on the beach.
About 20 per cent of the beach has been newly covered with asphalt to cr ...More...
About 20 per cent of the beach has been newly covered with asphalt to cr ...More...
10-07-2008 -
Dubai will face an oversupply of property if current projects are delivered on time, according to an international ratings firm.
There is also a risk of the emirate being unable to stimulate demand in view of the massive developments in the p ...More...
There is also a risk of the emirate being unable to stimulate demand in view of the massive developments in the p ...More...
09-07-2008 -
Hydra Properties, a UAE-based property developer, yesterday launched Hydra Twin Towers in Jumeirah Village in Dubai.
The project will feature two towers with 32 levels each. One of the tower will be an exclusive residential tower and the othe ...More...
The project will feature two towers with 32 levels each. One of the tower will be an exclusive residential tower and the othe ...More...
09-07-2008 -
The setting up of the property court will bring transparency among developers in Dubai, while investors will be more inclined towards risk taking, said developers and analysts.
The reactions came after Emirates Business reported on Tuesday th ...More...
The reactions came after Emirates Business reported on Tuesday th ...More...
09-07-2008 -
CBI Properties, real estate development arm of Dubai-based Shami Group, has plans to launch commercial properties in Waterfront and Al Furjan, the master developments in Dubai. These master developments feature predominately residential property project ...More...
08-07-2008 -
In a bid to bring more transparency into the real estate sector in Dubai, a court to exclusively deal with property-related cases will be set up in September, a top judge of Dubai Courts said. Once this court takes shape, realty-related disputes will be ...More...
08-07-2008 -
DOHA • While many buyers of high-end properties are looking at high rental yields, an equal number of purchasers are acquiring apartments and office space for the long-term.
Peter Riddoch, CEO of DAMAC Properties, the Dubai-based propert ...More...
Peter Riddoch, CEO of DAMAC Properties, the Dubai-based propert ...More...
08-07-2008 -
A new development from Dubai Properties is exclusively available to buy off plan in Harrods this summer
Dubai Properties and Harrods Estates have launched a new development which is exclusively available to buy in the Knightsbridge store from ...More...
Dubai Properties and Harrods Estates have launched a new development which is exclusively available to buy in the Knightsbridge store from ...More...
07-07-2008 -
Property consultants Cluttons believe there is considerable "hope value" for continued uplifts in property prices over the next few years. "We are seeing an increasing gap between the prices achieved by developers during the launch of a product due for ...More...
07-07-2008 -
Mada'in Properties has unveiled Dh400 million Domain real estate tower in Dubai Silicon Oasis. Abdul Aziz Al Awar, Chief Executive Officer of Mada'in real estate, said the project was the company's debut in commercial developments, and follo ...More...
07-07-2008 -
LG Electronics Wins USD 38.1 Million Smart City Contract
Giga Group to Deploy Digital Leader’s Smart Home Technology in its Latest project
Global and regional digital leader LG Electronics has been awarded an USD 38.1 million ...More...
Giga Group to Deploy Digital Leader’s Smart Home Technology in its Latest project
Global and regional digital leader LG Electronics has been awarded an USD 38.1 million ...More...
06-07-2008 -
DUBAI: Abu Dhabi's Tameer Towers project has won top honours at the CNBC Arabian Property Awards 2008. Tameer's Abu Dhabi flagship development received Best Development, Best Property, Best Architecture and Best High-Rise, Best High-rise Develop ...More...
Gulf region increasingly attractive against global property trends, says expert real estate firm DTZ
06-07-2008 -
DTZ today recommended the Gulf property market as a strong proposition for investors seeking to escape a global fall in property investment transactions.
The recommendation follows the publication of DTZ’s annual Money into Property rep ...More...
The recommendation follows the publication of DTZ’s annual Money into Property rep ...More...
06-07-2008 -
The takeover of Minerva by the Gulf state of Dubai is this weekend hanging in the balance after the troubled property company rebuffed a takeover proposal from its Middle Eastern suitor.
Limitless, the property development arm of the multi-bi ...More...
Limitless, the property development arm of the multi-bi ...More...
03-07-2008 -
On December 10 2007, Dubai issued the Joint Properties Ownership Law (Number 27 of 2007, the Dubai Strata Law) contemplating the rights and obligations pertaining to jointly-owned properties (also known as condominiums or strata property). The law appli ...More...
03-07-2008 -
Dubai: The Public Prosecution has issued an arrest warrant against Emirati businessman Abid Al Boom, owner of Abid Al Boom Management and Development Properties, and seized his property and funds.
"We issued the arrest warrant and the procedu ...More...
"We issued the arrest warrant and the procedu ...More...
03-07-2008 -
After a 78% increase in prices in the past year, housing units in Dubai are tipped to fall back to 2007 levels.
Considerable new supply is expected to come on to the market next year and in 2010, more than matching the current growth in deman ...More...
Considerable new supply is expected to come on to the market next year and in 2010, more than matching the current growth in deman ...More...
02-07-2008 -
UAE. Recently-launched property development company, Define Properties, has assigned specialist international consulting group, Harrington Middle East, to assist the company in redefining the property development practice and increase its organisational ...More...
02-07-2008 -
According to MAG Group Property Development, real estate developer headquartered in Dubai, the next lot of property supply coming in 2009 and 2010 may help bring stability to the Dubai realty market. The booming of real estate market in Dubai and the No ...More...
02-07-2008 -
Leading UAE-based property development company, Durar (‘jewels’ in Arabic) Properties, unveiled its newest residential project in Dubai today, at a gala event held at the spectacular Mina A’ Salam last evening.
Durar 1, a tw ...More...
Durar 1, a tw ...More...
01-07-2008 -
Bonyan International Investment Group, one of the leading real estate companies in Dubai, announced that it has sold out its Dhs4bn 'Sama Al Jadaf' community project, a 135-plot master development located in the Al Jadaf area in Dubai.
...More...
...More...
01-07-2008 -
A mid-price hotel has been opened on Sheikh Zayed Road at Safa Park in Dubai by the InterContinental Hotels Group in partnership with Ishraq Gulf Real Estate.
Holiday Inn Express Dubai Safa Park is the second Express limited service property ...More...
Holiday Inn Express Dubai Safa Park is the second Express limited service property ...More...
01-07-2008 -
Dubai: With positive coverage of a few firms by Credit Suisse in the run up to the second-quarter results, UAE stock indices reversed declines on Monday.
While the Dubai Financial Market General index gained 0.70 per cent to close at 5443.78, ...More...
While the Dubai Financial Market General index gained 0.70 per cent to close at 5443.78, ...More...
30-06-2008 -
A new rotating tower looks set to dominate the skyline in Dubai, it has been confirmed.
The Dynamic Tower, which has been designed by architect David Fisher, will be 420 metres high and will contain hotel rooms, offices and residential accomm ...More...
The Dynamic Tower, which has been designed by architect David Fisher, will be 420 metres high and will contain hotel rooms, offices and residential accomm ...More...
30-06-2008 -
Rikaz Properties, a leading KSA's real estate company concluded last week an acquisition of several lots of land in Dubai with a total investment of over Dhs350m.
Rikaz is planning to build office and business towers with a contemporary d ...More...
Rikaz is planning to build office and business towers with a contemporary d ...More...
30-06-2008 -
Dubai Properties, master real estate developer and a subsidiary of Dubai Properties Group, today announced it has won the “Best Master Development” category for its Business Bay project at the Arabian Property Awards 2008.<>br/
Du ...More...
Du ...More...
29-06-2008 -
MANAMA: Emaar Properties has expanded its property portfolio in Dubai with the unveiling of Warsan Estate, an exclusive residential community on Al Awir Road.
The masterplan of the project, currently being finalised, envisages over 500 single ...More...
The masterplan of the project, currently being finalised, envisages over 500 single ...More...
29-06-2008 -
EmaarMGF Land Ltd., a joint venture between Emaar Properties PJSC and MGF Developments, begins a three-day showcase in Dubai from June 30 to display lifestyle residences across its integrated master-planned communities in India. Formed in 2005, this par ...More...
29-06-2008 -
Dubai World Africa has bought up major shares in three lucrative South African wildlife reserves as part of its plans to spend nearly R12,5-billion buying "high end property" across the continent over the next five years.
The company - which ...More...
The company - which ...More...
26-06-2008 -
Plus Properties, a Dubai-based real estate developer will build a $125 million skyscraper project in Dubai called ‘Beirut Towers’.
The towers will be located in the International Media Production Zone (IMPZ) in Dubai, the develope ...More...
The towers will be located in the International Media Production Zone (IMPZ) in Dubai, the develope ...More...
26-06-2008 -
Asia Pacific's property investors will get a preview of all major Dubai real estate offerings with the largest of them - Dubai World Central (DWC), the 140 square kilometre $33bn urban land project - leading the way at the Asian International Invest ...More...
26-06-2008 -
Emaar Properties PJSC has won the 'International Achievement' award at the inaugural Arabian Property Middle East Awards 2008, while Emaar, The Economic City (Emaar.E.C) won the 'Best Industrial Development' award.
The Intern ...More...
The Intern ...More...
25-06-2008 -
Dubai's real estate market is facing a major upheaval as initiatives to strengthen the emirate's property regulations and protocols begin to take effect. One of these initiatives, the need for all agents to possess a relevant qualification, has ...More...
25-06-2008 -
Of late, there has been a lot of confusion regarding the issuance of residence visas linked to property ownership in Dubai. Different people are giving different versions, often contradictory, of how this visa scheme works, and this is fuelling speculat ...More...
25-06-2008 -
Dubai's palm island developer Nakheel is mulling plans to outbuild rival Emaar Properties EMAR.DU with a near mile-high tower, eclipsing the world's tallest building, the Burj Dubai.
Nakheel is looking at constructing a tower "higher ...More...
Nakheel is looking at constructing a tower "higher ...More...
24-06-2008 -
Dubai's ETA Star Property Developers mulls a fund of $400 million via Islamic bonds to enter Asian markets as diverse as India and Laos. The real estate firm is planning to utilise its own funds to develop 120 million square feet of land in India, a ...More...
24-06-2008 -
For middle-class expatriates and would-be investors who cannot afford Dubai or Abu Dhabi, looking north may be the answer.
According to industry insiders, the northern emirates – and Ajman in particular – now offer the UAE’s ...More...
According to industry insiders, the northern emirates – and Ajman in particular – now offer the UAE’s ...More...
24-06-2008 -
Dubai: Some developers are misleading people with advertisements with promises of life-long residency if they buy their properties, Marwan Bin Galita, chief executive of Dubai Real Estate Regulatory Agency said.
"There is nothing called a lif ...More...
"There is nothing called a lif ...More...
23-06-2008 -
Dubai's premier residential golf development learned it is to be recognised as one of the Best Developments in the Middle East, with an additional award for Best Interior Design for its luxurious Fireside by Greg Norman villas.
The awards ...More...
The awards ...More...
23-06-2008 -
Donald J. Trump Reserves a Residence at Palm Jumeirah Centerpiece
Nakheel and the Trump Organization,two of the world's leading developers, are set to break property records in Dubai after receiving bids for an exclusive penthouse in Trum ...More...
Nakheel and the Trump Organization,two of the world's leading developers, are set to break property records in Dubai after receiving bids for an exclusive penthouse in Trum ...More...
23-06-2008 -
UAE. HH Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai, and Vice President and Prime Minister of the UAE, has unveiled ambitious plans for an entire city to be built in the desert.
Respectful of the region's cultural heritage in bo ...More...
Respectful of the region's cultural heritage in bo ...More...
22-06-2008 -
Real estate prices in Ajman are expected to skyrocket following the introduction of the new property law in the emirate, says a senior official. The legislation is aimed at strengthening confidence in the real estate market, Sheikh Majid bin Saeed bin R ...More...
22-06-2008 -
People who buy property off developers' plans will be better protected from misleading marketing by developers if a new consumer protection law is passed by the Dubai Land Department (DLD).
The proposed property law would also give home b ...More...
The proposed property law would also give home b ...More...
22-06-2008 -
Dubai Property Group (DPG), Dubai’s only real estate professional association, today hosted Emaar Properties, one of the world’s largest real estate companies at its ‘Monthly Networking’ event. Mr. Arif Amiri, Senior Director &nd ...More...
20-06-2008 -
Nakheel, a development arm of Dubai World, is beginning an "aggressive" sales phase with 10 more property launches planned for the year, a company official said.
The developer is also implementing new policies to make its sales system more tr ...More...
The developer is also implementing new policies to make its sales system more tr ...More...
20-06-2008 -
Investors in Dubai's ever-expanding real estate market can now take advantage of a growing sales phenomenon in the local property sector - open auctions. Over the past few months these have been increasing in popularity as long-anticipated projects ...More...
19-06-2008 -
Nakheel, the Dubai government-owned property developer, might be making a splash in an arcane area of Islamic finance after having defied nature to create palm-shaped islands off the United Arabe Emirates coast.
Nakheel wants to raise Drh1.36 ...More...
Nakheel wants to raise Drh1.36 ...More...
19-06-2008 -
Escan Real Estate and ACI Real Estate unveil a Dh2bn freehold property, The Escan Tower, along Sheikh Zayed Road in Dubai. The 60 storey sky-scraper is a unique tower, strategically located along the main thoroughfare linking Dubai to the capital, Abu D ...More...
19-06-2008 -
Investors in Dubai's ever-expanding real estate market can now take advantage of a growing sales phenomenon in the local property sector - open auctions. Over the past few months these have been increasing in popularity as long-anticipated projects ...More...
18-06-2008 -
Property prices in Dubai have soared over the last year according to Colliers International. Dubai has witnessed tremendous growth in the real estate sector over the last year, with an increase in the number of overseas homebuyers and investors.
...More...
...More...
18-06-2008 -
Dubai Property Group (DPG), Dubai’s only real estate professional association, today hosted Emaar Properties, one of the world’s largest real estate companies at its ‘Monthly Networking’ event. Mr. Arif Amiri, Senior Director &nd ...More...
17-06-2008 -
Authorities in the United Arab Emirates have revealed that property for sale in Dubai must meet new environmental standards.According to ShelterOffshore.com, the government hopes this will improve the sustainability of the market for many years to come. ...More...
17-06-2008 -
“Dubai has witnessed tremendous growth in the real estate sector over the last year, with an increase in the number of overseas homebuyers and investors,” said Colliers' Middle East CEO, John Davis, at the launch of a new house price ind ...More...
17-06-2008 -
Britons who have invested in property in Dubai will be disconcerted by the news that the UK Government has warned British nationals living in or visiting the United Arab Emirates (UAE) that terrorists may be planning indiscriminate attacks.
T ...More...
T ...More...
13-06-2008 -
Unspoilt white sand beaches, warm turquoise waters, five star hotels, international restaurants and a booming property market, Ajman, the smallest of the seven Emirate states, is currently attracting a lot of interest from savvy property investors looki ...More...
13-06-2008 -
Over 250 local and international investors engage in intense bidding at invitation-only auction.Mazad, the auction house that operates under Salwan, a subsidiary of Dubai Properties Group, surpassed expectations by fetching nearly AED250 million within ...More...
13-06-2008 -
Indian Property Show (IPS), the world's largest Indian real estate and property exhibition, opens today at Airport Expo in Dubai will run thru June 12-14, 2008 from 11:00 a.m. to 10:00 p.m. Featuring a stronger and bigger line-up of India's real ...More...
11-06-2008 -
Boating enthusiasts are expected to flock to Dubai Marina when the Yacht Club opens for business in the next few weeks. The man-made marina, one of the largest in the world, has been developed by Emaar Properties at a total cost of $1.2 billion.
...More...
...More...
11-06-2008 -
Sherwoods Independent Property Consultants has announced that it will conduct a two-day road show featuring various real estate investment opportunities now available in Abu Dhabi, with the combined value of projects exceeding AED 1 billion. Kicking off ...More...
11-06-2008 -
Jumeirah Group, a member of Dubai Holding, has been appointed to manage Jumeirah Culu Culu Polo Lifestyle Resort, a luxury resort dedicated to polo and equestrian sports, located at Lobos in Argentina. Jumeirah will manage the 5-star hotel property comp ...More...
10-06-2008 -
Real estate major Omaxe has formed a wholly owned subsidiary named Rohtas Holdings Gulf in order to develop its construction project in Gulf.Rohtas Holdings through a special purpose vehicle (SPV) by the name of Golden Crescent RED and General Trading w ...More...
10-06-2008 -
The world’s largest Indian property exhibition is back. With Dubai playing host to one of the largest Indian expatriate populations in the world; the Indian Property Show (IPS) is expected to be attended by over 15,000 Indian expatriate investors. ...More...
10-06-2008 -
The demand for property in United Arab Emirates is likely to remain strong for the foreseeable future, according to one of the leading player's in the country's real estate sector.Several recent media articles have opined that the local property ...More...
09-06-2008 -
Demand for property for sale in Dubai remains as strong as ever, according to a local market expert.Some recent media reports have suggested the fast-growing property sector in Dubai is set for a slowdown.
Writing in the Gulf Times, market co ...More...
Writing in the Gulf Times, market co ...More...
09-06-2008 -
Property developers in this Persian Gulf sheikdom, famous for its grandiose projects, are increasingly turning to American and European celebrities to help sell the properties to wealthy consumers.
The latest luminary to lend his name to a de ...More...
The latest luminary to lend his name to a de ...More...
08-06-2008 -
International FM experts to highlight emerging trends and key issues at the inaugural Property and FM conference The huge opportunities that the rapidly expanding facilities management market presents in the Middle East were highlighted today, when the ...More...
08-06-2008 -
The Naturalisation and Residency Department announced on Friday the detention of 672 violators of UAE residency laws and 30 infiltrators in the first half of this year.
According to Colonel Sultan Yousuf Al Nuaimi, who heads the department, s ...More...
According to Colonel Sultan Yousuf Al Nuaimi, who heads the department, s ...More...
08-06-2008 -
Freehold property buyers are fully entitled to residence visas, a senior government official has confirmed, quashing widespread confusion among homebuyers in the UAE.
Officials at Dubai's Naturalisation and Residency Department (DNRD) hav ...More...
Officials at Dubai's Naturalisation and Residency Department (DNRD) hav ...More...
06-06-2008 -
Overseas property investors could collect strong returns in Dubai, an expert has advised.
According to Ahmed Jamal of Emerging Markets Property Advisors, the emirate is one of the best investment markets in the world.
This was said ...More...
According to Ahmed Jamal of Emerging Markets Property Advisors, the emirate is one of the best investment markets in the world.
This was said ...More...
06-06-2008 -
DUBAI World Africa will use part of the $1bn earmarked for African investments on major projects in SA, including development of a 30000ha game reserve in Mpumalanga that the company intends to have listed as a World Heritage site.
In March, ...More...
In March, ...More...
05-06-2008 -
Investors who purchase property for sale in Dubai could collect strong returns, industry experts have said.According to Emerging Markets Property Advisors, the emirate is currently one of the best investment locations in the world.
Ahmed Jama ...More...
Ahmed Jama ...More...
05-06-2008 -
The price of property for sale in Dubai is continuing to increase, according to industry specialists.Sandcastles-Property.com described the growth of the housing market over the last few years as "phenomenal".
This means that overseas propert ...More...
This means that overseas propert ...More...
03-06-2008 -
People who are thinking of purchasing property for sale in Dubai have been advised to enter the market quickly.According to AME Info, house prices in the emirate are rising at their highest rate in about four years.
The news provider stated t ...More...
The news provider stated t ...More...
03-06-2008 -
High local inflation and low US interest rates are fuelling the market with negative real interest rates.That economic force is not away for summer.In this environment anybody leaving their property purchase until this autumn is likely to find that pric ...More...
03-06-2008 -
Zabeel Properties, real estate development and investment arm of Dubai-based Zabeel Investments, has revealed the details of a new 5-star hotel and resort property in Dubai. Graft, Los Angeles-based architecture firm, has been appointed as the architect ...More...
02-06-2008 -
According to the latest figures, the cost of a square foot in some parts of the Burj Dubai have now more than tripled from $1,089 a few months ago, UAE daily Emirates Business 24/7 reported on Monday.
Its main rival in terms of price is the T ...More...
Its main rival in terms of price is the T ...More...
02-06-2008 -
Tamweel PJSC, the largest provider of real estate finance in the UAE, announced today the establishment of Tamweel Properties & Investments LLC, a fully owned subsidiary that will focus on real estate investment and also offer brokerage services. Th ...More...
02-06-2008 -
Dubai's real estate sector is being significantly boosted by foreign investors, according to a property developer.MAG Group stated that people from other countries account for about two-thirds of its custom at the moment.
Mohamed Nimer, c ...More...
Mohamed Nimer, c ...More...
30-05-2008 -
Following a highly successful show in May 2007, Property Arabia is set to return to the Bahrain International Exhibition Centre from 24 to 27 October 2007 with an exciting new co-event - The Worldwide Property Show, organised by Dubai Shows Limited.
...More...
...More...
30-05-2008 -
The Property Court will sit for the first time on Monday and is expected to speed up the time between hearings from one month currently to just a week, Dubai Courts Director-General Ahmad bin Hazim told UAE daily Emirates Business 24/7.
Bin H ...More...
Bin H ...More...
30-05-2008 -
Home Overseas, the established overseas property investment experts, has launched its property buying guide for Dubai and the Middle East. To enable better understanding, the guide is divided into various sections and is available in an article format.< ...More...
29-05-2008 -
Top executives of Dubai-based property and hospitality heavyweight Ruwaad Holdings are in KwaZulu-Natal looking at possible investment in a R15-billion tourism resort and property project for the North Coast.
Sources on Monday confirmed inves ...More...
Sources on Monday confirmed inves ...More...
29-05-2008 -
A new court set up to deal with property cases will sit for the first time next Monday, a senior official has revealed.The Property Court will operate under new regulations that differ from those that apply to the existing civil courts, Ahmad bin Hazim, ...More...
28-05-2008 -
As the real estate sector in Dubai booms, so do associated businesses. One sector currently enjoying good growth on the back of the property frenzy is high-end consumer electronics, particularly for top of the range entertainment systems and smart homes ...More...
28-05-2008 -
Welcome to Dubai, the self-proclaimed leading golf destination of the world. Well, perhaps. Purists may still invoke the Algarve in Portugal, the Spanish Costa del Sol or Florida in the US as rivals for that title. But no one can dispute Dubai's amb ...More...
28-05-2008 -
A Dubai court charged a British man on Wednesday with creeping into the world's tallest building under cover of darkness and parachuting off the 150th floor without consent, in an effort to set a new world record.
At his initial hearing t ...More...
At his initial hearing t ...More...
27-05-2008 -
The real estate sector in Dubai is being driven largely by foreign investment, with individuals and companies from other countries comprising 60-70 per cent of the buyers of freehold units. Two out of three of all the new freehold properties in the emir ...More...
27-05-2008 -
Dubai-based property portal, sandcastles-property.com, is adding a new blog section to their website.
The move is aimed at providing an area for Dubai property investors and holiday home buyers to keep up-to-date on the very latest Dubai prop ...More...
The move is aimed at providing an area for Dubai property investors and holiday home buyers to keep up-to-date on the very latest Dubai prop ...More...
27-05-2008 -
EFG-Hermes Holding SAE predicted a 10 percent decline in the number of Britons buying Dubai property as the British housing slump erodes their buying power, Zawya Dow Jones reported, citing the bank's real-estate analyst Stefan Schurmann.
...More...
...More...
26-05-2008 -
Two out of three of all new freehold properties in the United Arab Emirates are bought by foreign corporates or individuals who live outside the country, according to one of Dubai's leading property developers.
MAG Group Property Developm ...More...
MAG Group Property Developm ...More...
26-05-2008 -
Peter Penhall, CEO of property portal Gowealthy.com, rubbished industry concerns that the index would allow landlords to bypass the 5% rent cap.Dubai's Real Estate Regulatory Agency (Rera) plans to introduce an index setting a range of appropriate r ...More...
26-05-2008 -
The cooling British housing market and the weakening pound could hit Dubai’s real estate boom as British buyers, one of the emirate’s largest groups of foreign investors, tighten their belts, analysts say.
“I estimate a 10% ...More...
“I estimate a 10% ...More...
25-05-2008 -
United Arab Emirates-based Dubai World chairman Sultan Ahmed bin Sulayem on Saturday conferred with Thai Prime Minister Samak Sundaravej, expressing the interest of his business group to invest in Thailand's property sector.
The sultan to ...More...
The sultan to ...More...
25-05-2008 -
UAE-based real estate sales and marketing agency Great Properties has announced the conclusion of its successful participation in Property Shopper 2008, which was held at the Al Ameera Ballroom at the Grand Hyatt, Dubai from 22 to 24 May.
Pro ...More...
Pro ...More...
25-05-2008 -
The Real Estate Regulatory Agency announced a major initiative to fill a crucial gap in the information chain in the Dubai property sector by launching its own official monthly magazine titled Dubai Real Times.
The magazine will serve as a me ...More...
The magazine will serve as a me ...More...
23-05-2008 -
Leading property developer JMS will launch its 1.5 billion dirham ($408 million) flagship development Sharjah Jewel at the Worldwide Property Show today. The project will provide the very highest levels of luxury hotel accommodation and office space of ...More...
23-05-2008 -
Realtors and investors of the real estate sector are forecasting a serious cutback in property investment on the news of enhancement in Capital Value Tax (CVT) in the upcoming fiscal budget.With the reports boiling up on the imposition of Capital Gain T ...More...
23-05-2008 -
Dubai World is keen on investing in Thailand due to its huge growth potential, according to its chairman, Sultan Ahmed Bin Sulayem.''In Thailand we have a well diversified portfolio and are already in the process of identifying a few other proje ...More...
22-05-2008 -
Property development and real estate investment company Al Duaa Holdings and A&A Investments yesterday launched its Dh240 million residential project The Residences in Jumeirah Village. The Residences is a 10-storey project spread over 277,929 squar ...More...
22-05-2008 -
Dubai Real Estate Institute (DREI), the first specialised academic real-estate institution in the region, announced it will offer an executive programme on Real Estate Ecology and Green Property Development from 8 - 10 June.
br/>The programme wi ...More...
br/>The programme wi ...More...
22-05-2008 -
Developments in the industrial, commercial, residential and public lighting segments have boosted the global demand for lighting fixtures that is now set to exceed AED 345 billion by 2010, according to conservative industry estimates.
Messe F ...More...
Messe F ...More...
21-05-2008 -
Do you prefer the colourful flamboyance of Versace or the tastefully restrained greys and beiges of Armani?
From next year this will be a dilemma facing not just well-heeled shoppers but also those wishing to book a luxury hotel room or buy a ...More...
From next year this will be a dilemma facing not just well-heeled shoppers but also those wishing to book a luxury hotel room or buy a ...More...
21-05-2008 -
Realty firm Omaxe is planning to foray into Dubai property market and is targeting to develop 10-12 projects over the next three years, at an investment of about Rs 600 crore.
The Delhi-based company has identified some projects in Dubai, whi ...More...
The Delhi-based company has identified some projects in Dubai, whi ...More...
21-05-2008 -
The Dubai Real Estate Institute, the first specialised academic real-estate institution in the region, has announced it will offer an executive programme on Real Estate Ecology and Green Property Development from 8th - 10th June.
The programm ...More...
The programm ...More...
15-05-2008 -
This city-state's real-estate market is booming. Massive building projects scrape the sky. Sales and rental prices appear buoyant as investments flow in from other oil-rich Persian Gulf states, the former Soviet Union, India and Iran.
But ...More...
But ...More...
15-05-2008 -
Dubai-based luxury real estate developer DAMAC Properties has appointed local agents in Gujarat to harness the investment opportunities in the region. The company has signed up around 60 agents across India, mostly in metros.
These include tw ...More...
These include tw ...More...
15-05-2008 -
The Cityscape event brings together regional and international investors, architects and designers, property developers, governmental authorities and senior executives involved in the design and construction of public and private development property fo ...More...
12-05-2008 -
Principal International one of the UK’s leading overseas property investment companies has just announced that it is releasing one bedroom apartments for £59,000 and studio apartments for £42,000 for sale at International City in Dubai ...More...
12-05-2008 -
Owners of buy-to-let accommodation in Dubai could be set to experience a surge in demand over the next few years, it has been suggested.
According to Dubai Tourism and Commerce Marketing (DTCM), about seven million people booked temporary lod ...More...
According to Dubai Tourism and Commerce Marketing (DTCM), about seven million people booked temporary lod ...More...
12-05-2008 -
The India Property Show 2008 in Dubai which was organized by IndiaProperty.com, India’s No 1 property portal, part of Consim Info Pvt. Ltd, saw stupendous success attracting property investment worth Rs.250 crores from NRI investors in Dubai.
...More...
...More...
08-05-2008 -
The Kerala Builders Forum is organizing the 'Kerala Property Expo' from May 8 to May 17 at three different locations in the Middle East. The expo will be held in Doha from May 8 to 10 at Regency Hall, in Kuwait from May 11 to 12 at Ramada Hotel ...More...
08-05-2008 -
The Gulf has enjoyed a reputation over the past decade as something of an expat hotspot, coming in droves with their sights set on making money, tax-free and lots of it. The shift towards a rising demand for expat accommodation means higher property pri ...More...
08-05-2008 -
Country Club India (CCIL), a leading entertainment and leisure infrastructure company with a chain of family clubs, has announced the acquisition of an existing boutique luxury property in the Emirate of Dubai for 165 million AED (Rs. 175 crore).
< ...More...
< ...More...
08-05-2008 -
Overseas investors have been to consider buying property for sale in the United Arab Emirates (UAE).According to ShelterOffshore.com, the impact of the credit crunch on many countries has led to some local investors restricting their activities to the d ...More...
08-05-2008 -
With more properties coming on to the market, rental rates in some areas of Dubai are levelling out – even witnessing a drop, according to a leading property developer.
Andrew Chambers, Managing Director of Asteco, said that with supply ...More...
Andrew Chambers, Managing Director of Asteco, said that with supply ...More...
07-05-2008 -
Deyaar, a Dubai property developer at the centre of an investigation into alleged embezzlement, said it had agreed to drop plans to develop a real estate project in India.
In November, Deyaar, Dubai's second-largest property developer by ...More...
In November, Deyaar, Dubai's second-largest property developer by ...More...
07-05-2008 -
Rosewood Dubai comes under atm spotlight as luxury brand eyes more new middle east locations Butlers at your beck and call, luxury from suite to spa, and the atmosphere of a private residence Rosewood Hotels & Resorts is this week turning an Arabian ...More...
07-05-2008 -
One of the Middle East’s most spectacular new resort hotels, the Atlantis on The Palm Jumeirah in Dubai, will need a 1