News
Selected News
USGBC Certification for Dubai Pearl
09-02-2010 - Dubai Pearl, the 20 million square feet integrated sustainable destination overlooking the Palm Jumeirah, has acquired his pre-certification from the US Green Building Council (USGBC) at the Gold level for Leadership in Energy and Environmental Design (LEED).
The pre-certification brings Dubai Pearl a step closer to setting up a new precedent for sustainable urban communities in Dubai, a Press statement issued by the company said. LEED is the internationally recognized benchmark for the design, construction and operation of high performance green buildings across the real estate industry. Its five key principles of sustainable site development, water savings, energy efficiency, materials selection and indoor air quality, provide a suite of standards for environmentally sustainable construction practices
Other News
15-03-2010 -
Chief Executive Markus Giebel, Deyaar Development PJSC, is working with the contractors to agree with the payment plan for 100 million dirhams.
As far as the builders and suppliers are concerned, the Dubai based developer, is having a nego ...More...
As far as the builders and suppliers are concerned, the Dubai based developer, is having a nego ...More...
15-03-2010 -
In spite of the fact the Dubai was one of the affected places of business investments, there are female enterpreneurs and business women having ideas in some ways to help Dubai arise again from the financial economic crisis.
International ...More...
International ...More...
15-03-2010 -
In London, the Developer Pearl Dubai FZ LLC is planning to attract international investments for its $ 4 Billion funds for development in Dubai.
The company is making a business strategy by marketing its residential units for pre-sale to i ...More...
The company is making a business strategy by marketing its residential units for pre-sale to i ...More...
15-03-2010 -
Yesterday, there were Middle East Markets emerged because of the firm oil prices and positive world sentiment.
The $26 billion in debt of Dubai World is about to repay it through its link to property units, which are Limitless and Nakheel. ...More...
The $26 billion in debt of Dubai World is about to repay it through its link to property units, which are Limitless and Nakheel. ...More...
15-03-2010 -
According to Asteco, the rental of properties in dubai reflects locally and internationally a several years ago.
Al Muraqqabat Apartments were the earliest appointments of Asteco in terms of leasing and management agents last 1985. Because ...More...
Al Muraqqabat Apartments were the earliest appointments of Asteco in terms of leasing and management agents last 1985. Because ...More...
15-03-2010 -
Shaik Hamdan Bin Rashid Al Maktoum, the Deputy Ruler of Dubai and Minister of Finance, stated that the Federal Government of UAE is wiiling to help Dubai anytime if ever it needs its support. So far Dubai has not been asking yet for support from the ...More...
15-03-2010 -
There will be one of the biggest property funds being launched by prominent Matrix Property Middle East with the amount of almost 1.1 Billion Dirhams.
The said fund is still in the process so far and is being registered at the Qatar Financ ...More...
The said fund is still in the process so far and is being registered at the Qatar Financ ...More...
14-03-2010 -
Two weeks later, one of the luxurious and prestigious mansions in Palm Jumierah in dubai was purchased by the 11-year old boy.The said propery worthed of $ 44 million.The richest boy was identified by Dubai Land Department Resource as Heydar Aliyev, ...More...
14-03-2010 -
In spite of the pressure caused by the global financial crisis in the Real Estate Investments, Markus Giebel Deyaar, the head of Dubai's second largest developer, said that nobody can underestimate the strength of the Emirates and can rule out th ...More...
16-02-2010 -
Last month, a new bird species was discovered at Abu Dhabi’s Al Wathba Wetland Reserve. Wilson’s Phalarope, Steganopus tricolor, a small wader, is the first ever record of this species in the UAE. This is a remarkable new find because thi ...More...
16-02-2010 -
A senior memeber's of Air France executives gave Abu Dhabi’s tourism a huge vote of confidence following a familiarisation tour of the capital.
This was in advance of the airline’s planned launch of flights from Charles de ...More...
This was in advance of the airline’s planned launch of flights from Charles de ...More...
16-02-2010 -
Nissan Motor Company expects to sell around 20,000 newly-launched 2010 Nissan Patrol sport utility vehicle in a year in the Middle East, its President and Chief Executive Officer Carlos Ghosn said.
The new vehicle will be available across ...More...
The new vehicle will be available across ...More...
16-02-2010 -
Khalifa Abdullah Al AED aheri, acting director of Al Ain Branch, Abu AED abi Chamber of Commerce and Industry, inaugurated on Monday the AED 15 million ‘Danube Buildmart’ in Bawadi Mall, Al Ain.
The new outlet, part of a AED 10 ...More...
The new outlet, part of a AED 10 ...More...
15-02-2010 -
Jumeirah Group, the Dubai-based company and member of Dubai Holding, has signed an agreement with Xanadu Holdings Private Limited to manage Jumeirah Meradhoo, a new five star deluxe resort located in Gaafu Alifu Atoll, south of the Malé Atoll. ...More...
15-02-2010 -
Etihad Airways, has opened 14 additional weekly flight from its Abu Dhabi home-base
to Australia.
Out of these 14, seven weekly flights have been granted to Etihad on the condition that the operation also flies via or onto a regional ai ...More...
Out of these 14, seven weekly flights have been granted to Etihad on the condition that the operation also flies via or onto a regional ai ...More...
15-02-2010 -
Steel and concrete prices plunged last year in Abu AED abi due to economic slowdown, a report said
on Saturday.
The steel prices plummeted 43.9 % while concrete rates declined 13.5 % in the emirate in 2009, according to a report issued ...More...
The steel prices plummeted 43.9 % while concrete rates declined 13.5 % in the emirate in 2009, according to a report issued ...More...
11-02-2010 -
Last month, a new luxury desert resort managed by Banyan Tree opened its doors in Al Wadi, United Arab Emirates.50 % of the new Banyan Tree Al Wadi's 250 acres is set aside as a nature reserve with Arabian gazelles and local antelope called "oryx ...More...
11-02-2010 -
Aabar Investments, which has stakes in a F1 racing team, electric sports cars and space tourism, added executive jets to its portfolio yesterday with a US Dollar's 20 million (AED73.4m) investment in XOJET.
The jet charter company, bas ...More...
The jet charter company, bas ...More...
11-02-2010 -
Dubai Investments subsidiary Glass LLC plans to double its exports to offset demand in the UAE due to the property slump, the company's general manager said.
Faisal Ali Rashid said that his firm expects to double its revenues by end of ...More...
Faisal Ali Rashid said that his firm expects to double its revenues by end of ...More...
11-02-2010 -
A research report titled ‘Abu Dhabi State of the Market’ will be released at a conference participated by a panel of experts, on February 22.
The conference, organised by Investment Boutique, will be moderated by Bloomberg L P& ...More...
The conference, organised by Investment Boutique, will be moderated by Bloomberg L P& ...More...
11-02-2010 -
Biggest bank in the United Arab Emirates, Emirates NBD PJSC more than doubled provisions for bad loans to 3.63 billion AED (US Dollar 988 million) , posted a 9 % drop in full-year profit.
Net income fell to 3.35 billion AED from 3.68 billi ...More...
Net income fell to 3.35 billion AED from 3.68 billi ...More...
10-02-2010 -
Dubai-based Tamweel PJSC has reported on Monday a net profit of Dh11 million in the fourth quarter, compared with a net loss of Dh112.4 million in the year-earlier period, on lower costs of funding.
The company posted a full-year net loss ...More...
The company posted a full-year net loss ...More...
09-02-2010 -
Defence spending in the whole Gulf region is expected to exceed $100 billion by 2014, according to Philip Keating, Business Relations Manager, Injazat Defence Services, Injazat Defence Services is one of the leading defence business and information t ...More...
09-02-2010 -
Prepaid transactions in the UAE are expected to reach a total of $18.4 billion by 2015, surpassing the $17.1 billion projected for the region’s largest economy Saudi Arabia, said Gerard Tilley, chief executive officer of VRL, a cards and paymen ...More...
09-02-2010 -
Dubai Pearl, the 20 million square feet integrated sustainable destination overlooking the Palm Jumeirah, has acquired his pre-certification from the US Green Building Council (USGBC) at the Gold level for Leadership in Energy and Environmental Desig ...More...
09-02-2010 -
Cityscape management announced on Monday that 2010 would be the ninth consecutive year that a Cityscape event will be held in Dubai, but it would be under a new name — Cityscape Global — to acknowledge its place as a significant internati ...More...
08-02-2010 -
Etihad Airways, has announced a new agreement with Tourism Thailand to promote holiday packages to Bangkok, Phuket, Pattaya and Koh Samui.
Peter Baumgartner, chief commercial officer of Etihad, said that as part of a special promotion runn ...More...
Peter Baumgartner, chief commercial officer of Etihad, said that as part of a special promotion runn ...More...
08-02-2010 -
A young and growing population, availability of resources and ample supply of cheap and efficient workforce ensures that the Gulf region will continue to grow at a fast pace for the next 20 years at least, said Dr Khater Massaad, Chief Executive Offi ...More...
08-02-2010 -
Arabtec, a Dubai-based construction company, has given the contract for the construction work of the Yasmeen Rotana Hotel, owned by Al Fajr S. A. of Syria.
Yasmeen Rotana is a 5-star hotel valued at over $120 million with a construction va ...More...
Yasmeen Rotana is a 5-star hotel valued at over $120 million with a construction va ...More...
08-02-2010 -
People who drink two or more sweetened soft drinks a week have a much greater risk of pancreatic cancer, an unusual but deadly cancer, researchers reported on Monday.
People who drank mostly fruit juice instead of sodas did not have the sa ...More...
People who drank mostly fruit juice instead of sodas did not have the sa ...More...
08-02-2010 -
The world’s highest observation deck housed on the 124th floor of Burj Khalifa, has been temporarily closed for “maintenance and upgrade,” as announced on Sunday.
“Due to unexpected high traffic, the observation dec ...More...
“Due to unexpected high traffic, the observation dec ...More...
08-02-2010 -
The Lord Mayor of the City of London on Sunday urged the UAE-based financial institutions to look to the British capital as a partner to raise capital and do business as the city is recovering from the financial crisis.
Nick Anstee, Lord M ...More...
Nick Anstee, Lord M ...More...
08-02-2010 -
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has ordered to create an establishment for the protection and control of common trade in Dubai.
The order was issued durin ...More...
The order was issued durin ...More...
07-02-2010 -
Commercial production of oil from the newly acquired Al Jalila offshore oilfield could begin next year, the Media Office of the Dubai Government said yesterday.
The new oilfield, named after the daughter of His Highness Shaikh Mohammad Bin ...More...
The new oilfield, named after the daughter of His Highness Shaikh Mohammad Bin ...More...
07-02-2010 -
Etihad Airways will add 3 new aircraft to its fleet and open 3 new routes in 2010. This will push up the fleet strength of the airline to 55 and the number of routes to 57, said James Hogan, Chief Executive Officer, said.
All the 3 new air ...More...
All the 3 new air ...More...
07-02-2010 -
The manufacturers, distributors and suppliers of low voltage household electrical appliances have been given a six month lease of life, to comply with the standardisation requirements and mandatory registration of their products with the Emirates Aut ...More...
07-02-2010 -
The Dubai Department of Economic Development (DED) announced that the Dubai’s economic activities in 2009 continued to surge, highlighting the investors’ trust in the economic opportunities available in the emirate and the UAE.
...More...
...More...
07-02-2010 -
A company has launched and it claims are the UAE's first 100 % biodegradable disposable plates.
LTC International said the move aims to empower UAE consumers to deliver more concrete contributions in efforts to regulate the increasing ...More...
LTC International said the move aims to empower UAE consumers to deliver more concrete contributions in efforts to regulate the increasing ...More...
05-02-2010 -
Financial institutions now require a higher degree of lending money security and conduct in-depth checks to make sure they will be repaid
If you strongly feel you have the capacity to repay a lending money and you are in dire need of cash, ...More...
If you strongly feel you have the capacity to repay a lending money and you are in dire need of cash, ...More...
05-02-2010 -
The UAE overtook Saudi Gulfia to become the largest Gulf exporter of goods and services in 2009 but the kingdom could be back on top in 2010, official figures showed yesterday.
Despite a decline of $63 billion (Dh231.2 billion) in its expo ...More...
Despite a decline of $63 billion (Dh231.2 billion) in its expo ...More...
05-02-2010 -
The Saudi-based Islamic Development Bank plans to issue Islamic bonds, or sukuk, worth a total of $5 billion over this year and for the four following years, its president said on Tuesday.
“We hope to mobilise $1 billion every year b ...More...
“We hope to mobilise $1 billion every year b ...More...
05-02-2010 -
Abu Dhabi Ship Building Company, or known as ADSB, which has emerged as the leading naval shipyard in the Arabian Gulf has made a staggering revenue of about Dh 1.16 billion in 2009 making a significant increase from Dh 842 million earned in the
p ...More...
05-02-2010 -
Air Miles, the world’s leading multi-participant loyalty programme, has announced his launch of its Interactive Voice Response, or IVR, system which is set to provide members with 24 hour service,
365 days a year.
The system &ndas ...More...
The system &ndas ...More...
05-02-2010 -
ABN Amro Bank N.V. will be renamed to The Royal Bank of Scotland N.V. (RBS) on February 6 in the UAE, RBS said which will announced rebranding in the Gulf region in September 2008 after a $102 billion acquisition deal in October 2007.
ABN ...More...
ABN ...More...
04-02-2010 -
ABU DHABI — IKEA UAE, an affiliate of the Al-Futtaim Group, broke ground in the capital for the biggest IKEA retail store in the Middle East on Wednesday, and said it will seek further expansion in other untapped Gulf markets such as Qatar and ...More...
04-02-2010 -
A graduate with an impressive profile carrying a laptop comes back from work and enters a tiny apartment, big enough for not more than two people. But, he has six to seven apartmentmates, waiting for him. The entire apartment is jam-packed. No one el ...More...
04-02-2010 -
The first project costing SR180m, to build on express highway and overpasses connecting Al-Kharj Industrial City with Riyadh-Dallam Road, while a second project costing SR75.5m for setting up Electrical Energy Transmission Station.
The agr ...More...
The agr ...More...
04-02-2010 -
The government of Dubai, which has dwindling oil resources and with a mountain of debt, announced Thursday to discovery of a new off-shore oil field.
The ruler of Dubai, Mohammed bin Rashed al-Maktoum, "heralds the good news to the people ...More...
The ruler of Dubai, Mohammed bin Rashed al-Maktoum, "heralds the good news to the people ...More...
03-02-2010 -
The residential prices in Dubai increased by 0.7percent during the final quarter of last year, in comparison to the third quarter of the same year, reported a recent research.
The increase which reflected in the new Sales Price Index for D ...More...
The increase which reflected in the new Sales Price Index for D ...More...
03-02-2010 -
Responding to the evolving landscape of the airline industry, where economic conditions are putting increased pressure on liquidity, Abu Dhabi's Mubadala Development Company launched a new venture to provide component and engine financing solutio ...More...
03-02-2010 -
Belle Vue Hotels, managed by Jordan-based Amlak Hotels and Tourism Investment Company, has announced there launch of its Dh250 million ($68 million) hospitality venture in Dubai.
The Grand Belle Vue Hotel Apartments, located in the heart o ...More...
The Grand Belle Vue Hotel Apartments, located in the heart o ...More...
03-02-2010 -
As part of its strategic objective of promoting Dubai as an international business hub, and in order to explore new markets for its members, the Dubai Chamber of Commerce & Industry will be launching its quarterly "Country Focus Briefing" with Ch ...More...
03-02-2010 -
Chairman and Chief Executive Officer of Goldman Sachs Group Lloyd Blankfein expressed his confidence in the recovery of the global economy and the future prospects of dynamic economies such as Dubai.
He has emphasised the need for taking a ...More...
He has emphasised the need for taking a ...More...
03-02-2010 -
The biggest and most expensive track in history has already taken 34 months and at least $1.25bn to build; the original construction firm was sacked when the work fell behind schedule; and, when a debt crisis threatened Dubai's eco ...More...
02-02-2010 -
The Qatari flag-carrier has upped services to the Malaysian capital, Kuala Lumpur, from seven to eleven flights a week, while the Indonesian tourist island of Bali will now be served daily via Singapore, from four weekly flights previously.
...More...
...More...
02-02-2010 -
Bayut.com is most comprehensive database of UAE real estate and Dubai properties has now introduced a social networking platform for Dubai property buyers and sellers. Packed with a contemporary features and sections like Q & A, discussions and b ...More...
02-02-2010 -
The Tiger Woods Dubai golf course and luxury-home complex, which was delayed by the emirate's property slump, will be completed as planned. 'We haven't decided yet on a date for its completion or delivery to the market, but the project is ...More...
02-02-2010 -
Buyers and brokers alike were more intent on sealing the deal or moving on to the next than in observing the social niceties.
But the change in fortune for Dubai's property market has brought on more time to reflect and to go about doi ...More...
But the change in fortune for Dubai's property market has brought on more time to reflect and to go about doi ...More...
01-02-2010 -
Owners of affordable housing units have begun issuing notices to all their tenants to vacate the premises as the rent law, which has frozen rents since early 2008, is due for expiry on February 14.But lawyers say no landlord can drive a tenant out if ...More...
01-02-2010 -
Fahad al-Sultan said that the real estate in his country is most important sector after oil, adding that Saudi's gross domestic product had risen 50 percent from 1999 to 2008 as the country witnessed annual average growth of 5 percent.
...More...
...More...
01-02-2010 -
Arabtec, the UAE's biggest contractor in market value, said the contract value is for the first stage of the project, which will take 38 months to complete.
.
The contract for the new tower, which came from Tasameem Real Estate and incl ...More...
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The contract for the new tower, which came from Tasameem Real Estate and incl ...More...
28-01-2010 -
Dubai developer Union Properties expects 2010 to be better than last year as it completes and hand over projects, and will be look to sell assets to help cover debts, its chairman said on Wednesday.
The 3rd developer by market value in th ...More...
The 3rd developer by market value in th ...More...
28-01-2010 -
A new blog on Dubai Real Estate Market has been launched that caters the needs of investors and general real estate professionals interested in Dubai real estate. Doesn’t matter if they are brokers, lenders, dealers, landlords or any other prop ...More...
28-01-2010 -
Investors were constantly seeking high-quality properties in prime locations of Dubai, due to stability in prices and increase in demand during the past months, say industry sources.
The Senior Investment Consultant at Asteco Property Mana ...More...
The Senior Investment Consultant at Asteco Property Mana ...More...
27-01-2010 -
Emaar's flagship project is significant in many ways. It delivers another iconic structure to Dubai's skyline, complementing the Burj al-Arab in international recognition and plays an arguably even greater role as the anchor project to Emaar& ...More...
27-01-2010 -
Enforcing the real estate agent trust account law in Dubai will ensure real estate agents receive their commissions on time, according to a legal expert.
“Escrow accounts could play a role to ensure that brokers get their commissions ...More...
“Escrow accounts could play a role to ensure that brokers get their commissions ...More...
27-01-2010 -
A new blog on Dubai Real Estate Market has been launched that caters the needs of investors and general real estate professionals interested in Dubai real estate. Doesn’t matter if they are brokers, lenders, dealers, landlords or any other prop ...More...
26-01-2010 -
The lease rates of Burj Khalifa's units, the world's tallest tower, are yet to be established, although analysts believe that the rental rates for commercial spaces in the tower will easily surpass the prevailing rates in other established hi ...More...
26-01-2010 -
The cost of renting a new shop in Dubai is set to fall even further from the 29 per cent it dropped last year, says a report by a property consultancy.<br />Average retail rents fell in the fourth quarter of last year to about Dh264 (US$7 ...More...
The cost of renting a new shop in Dubai is set to fall even further from the 29 per cent it dropped last year, says a report by a property consultancy.<br />Average retail rents fell in the fourth quarter of last year to about Dh264 (US$7 ...More...
26-01-2010 -
The Arab Appraisal Foundation (AAF) will be headquartered in Dubai, said the CEO of the Real Estate Regulatory Agency (Rera).<br />Speaking on the sidelines of a photo exhibition organised by the Land Department to mark 50 years of its establis ...More...
25-01-2010 -
After a few dismal quarters, real estate sale and rental prices in Dubai are stabilising, two new reports highlighted yesterday, pointing to an equilibrium being reached in the emirate's property market.
HC Securities' latest review o ...More...
HC Securities' latest review o ...More...
25-01-2010 -
Strong growth in Abu Dhabi is expected to fuel a 2.5-percent increase in real Gross Domestic Product in the Emirates in 2010, a Dubai-based financial services company forecast in a report released on Monday.
"We expect the Emirates to emerge ...More...
"We expect the Emirates to emerge ...More...
24-01-2010 -
Dubai's Emaar Properties (EMAR.DU) opened the world's tallest tower on Monday, marking the completion of the last of its big local landmark projects and the start of a new strategy which is expected to focus on overseas projects, hotels and hosp ...More...
24-01-2010 -
Robin Teh, director, Valuations & Research, said the arrival of several investment funds targeting distressed sales, especially in Dubai, was a sign that the country's real estate market was bottoming out.<br />
"This is usually th ...More...
"This is usually th ...More...
21-01-2010 -
A new agreement between the Real Estate Regulatory Agency and the Ministry of Labour in Dubai is set to increase transparency and professionalism in the emirate’s property market, it is claimed.
The deal will see real estate brokers in the ...More...
The deal will see real estate brokers in the ...More...
21-01-2010 -
The lease rates for units at Burj Khalifa, the world's tallest tower, are yet to be established, although analysts believe that the rental rates for commercial spaces in the tower will easily surpass the prevailing rates in other established high ...More...
30-09-2009 -
The most coveted title that only the chief executive officer of Emaar Hospitality Group and Emaar Hotel & Resorts proudly received the “CEO of the Year 2009” award particularly in the Middle East.
Marc Dardenne’s involve ...More...
Marc Dardenne’s involve ...More...
27-07-2009 -
By the end of this year, it has been promised by major developer Union Properties (UP) to hand over its remaining residential units in Dubai’s MotorCity development.
850 units has already been completed by the organization within that 2 ...More...
850 units has already been completed by the organization within that 2 ...More...
27-07-2009 -
For the record, Dubai’s best one-day gain since February with a listed stocks that rose by up to 5.23%, as investors fortune back into worn out financial and property shares.
As the company who manages the exchange, Dubai Financial Mark ...More...
As the company who manages the exchange, Dubai Financial Mark ...More...
27-07-2009 -
Cornelia Erhardt, Radisson Blu Residence, Dubai Marina GM, stated that the Serviced Apartment idea shows flexible to the ambiance during summer characteristically notice in Dubai, UAE.
When Hotelier Middle East held a committee meeting, Erhar ...More...
When Hotelier Middle East held a committee meeting, Erhar ...More...
26-07-2009 -
As the flagship property of Jebel Ali International Hotels, Jebel Ali Golf Resort & Spa join forces with the new diving center managed by Al Boom will be opening soon.
With its launching, Jebel Ali Golf Resort & Spa offers the best se ...More...
With its launching, Jebel Ali Golf Resort & Spa offers the best se ...More...
26-07-2009 -
Since January of this year, Dubai Property Market is indicating an early recovery as it is projected to start near the beginning of 2010.
Property prices in Jumeirah Village in particular rise by up to 5% to 30% from their low point this year ...More...
Property prices in Jumeirah Village in particular rise by up to 5% to 30% from their low point this year ...More...
26-07-2009 -
Du, a Telcoms firm in the United Arab Emirates, posted their 2nd Quarter net profit of AED57.65 million ($15.7 million).
Consequently during the period of 2008, the net income came up to 231.5% from a loss of AED43.84 million.
Du, ...More...
Consequently during the period of 2008, the net income came up to 231.5% from a loss of AED43.84 million.
Du, ...More...
26-07-2009 -
Dubai sets up and has issued a ruling in the second half of a $20 billion assistance that intends to control companies during the global credit crisis. This is for the purpose of how to manage the earnings.
Department of Finance of the emirat ...More...
Department of Finance of the emirat ...More...
25-07-2009 -
Despite of global recession, Dubai-based engineering firm, Drake & Skull is wrapping up its conciliation for the acquisition of the two construction companies as it takes hold of the development opportunities in the economic slump.
The pr ...More...
The pr ...More...
23-07-2009 -
One of the five-star hotels in Dubai like Al Murooj Rotana has united influences for the encouragement in aid of “Dubai Green Tourism Award 2009”. Launched by Government of Dubai, DTCM by its initiative validated the involvement.
...More...
...More...
21-07-2009 -
Technology and Real Estate has been trying to unite by Abu Dhabi’s firm, considered to be the huge venture with the Mercedez-Benz maker Daimler of Austria.
Two-thirds property owner of the new Austrian-based company, Aabar Investment, w ...More...
Two-thirds property owner of the new Austrian-based company, Aabar Investment, w ...More...
21-07-2009 -
When the market is all set, DREC or Dubai Real Estate Corporation will proffer a number of projects in the upcoming year specifically next year, with its two mega-projects.
The project will be developed by Wasl, the DREC’s asset managem ...More...
The project will be developed by Wasl, the DREC’s asset managem ...More...
20-07-2009 -
Recently, Coldwell Banker UAE headquarter opened last October 2008 located in an esteemed Downtown Burj Dubai, as well as at the Arabian Ranches Community Center in a global real estate brand.
And now, announcing the newest location at the Du ...More...
And now, announcing the newest location at the Du ...More...
20-07-2009 -
Regardless of the financial crisis that causes project slowdown and slower development, young populations and monetary development objectives mean that demand for real estate in the Middle East and even in North Africa remains soaring.
Middle ...More...
Middle ...More...
18-07-2009 -
Dubai based 5-star hotel, Al Bustan Rotana , recently organized an on-the-job training programs for students from hotel schools, conveying experience in dealing with hospitality to the guests, likewise learn about the 5 star property’s functions.< ...More...
18-07-2009 -
Dubai World, owner of the ship and the South Africa came up with a decision that the QE2 will be staying most likely for the short term in Cape Town Harbor.
South Africa’s Department of Environmental Affairs and Tourism, spokeswoman sta ...More...
South Africa’s Department of Environmental Affairs and Tourism, spokeswoman sta ...More...
18-07-2009 -
Market around the world specifically on properties are being enthusiastically presented in International Property Investors recommended to take advantage of the good deal.
Shakeel Barok, Chief Operating Officer at Hamptons International, stat ...More...
Shakeel Barok, Chief Operating Officer at Hamptons International, stat ...More...
16-07-2009 -
Residential units in the area known as “New Dubai” during the second half of 2009 from Asteco, is on the go.
Dubai’s apartment and villa sales prices reduces with an average of 15% and 13% respectively. The noteworthy delay ...More...
Dubai’s apartment and villa sales prices reduces with an average of 15% and 13% respectively. The noteworthy delay ...More...
16-07-2009 -
Now a days because of the weather in summer, fire is very possible in anytime. And recently Al Bustan Center and Residence, a luxurious property which offers top-notch services and facilities in the city of Dubai thought to exercise a fire safety drill ...More...
14-07-2009 -
The world’s tallest skyscraper, the Burj Dubai, is set to open this year, stated by the Emaar Properties who is in charge of the development.
The 2,600 foot (800 m) tower will be open to the public sometime on September, but there&rsquo ...More...
The 2,600 foot (800 m) tower will be open to the public sometime on September, but there&rsquo ...More...
12-07-2009 -
Roads and Transport Authority (RTA) has an additional service that will processed by the Customer Service Centers Department at Corporate Administrative Support Service Sector. This new service to the public is deliverable across Dubai allowing the publ ...More...
05-07-2009 -
Lately, IFA Hotels & Resorts (IFA HR) obtained Boschendal Limited in South Africa furthermore built up its awareness by 5.25% rising its investment to 37.33%. The company is present in 13 market across 4 continents like; in Kuwait, Dubai, Lebanon, t ...More...
05-07-2009 -
The deluxe hotel apartments, Al Bustan Center and Residence that provides world class services and facilities in the heart of Dubai launches the “Green Planting and Gardening Campaign” as part of its continuing Responsible Awareness Programm ...More...
04-07-2009 -
Dubai Properties LLC announced its appointment of Salwan LLC, are both supplementary of Dubai Properties Group (DPG), to supply wide-ranging property management services to a worth AED3 billion Executive Towers development at Business Bay.
Th ...More...
Th ...More...
04-07-2009 -
The asset management group, “wasl”,owned by Dubai Real Estate Corporation has organized 10 Scholarship for UAE nationals to pursue graduate studies in various faculties at the American University in Dubai. The whole courses of the 1st year w ...More...
04-07-2009 -
Dubai’s ruler is summing up for the possible bid to host the Olympic Games in 2020 as it is foreseen to boost up the deteriorating property market especially of Dubai.
Currently, emirate’s bid to host is in a state of meticulousne ...More...
Currently, emirate’s bid to host is in a state of meticulousne ...More...
04-07-2009 -
Rakeen, a Property Developer will be starting the project in August as the 2nd phase of Al Marjan in Ras Al Khaimah an infrastructure work that worth AED365 million.
A contracting and engineering company, Rizzani, was awarded for its infrastr ...More...
A contracting and engineering company, Rizzani, was awarded for its infrastr ...More...
02-07-2009 -
Investors of German and Austrian in Boris Becker, Niki Lauda & Michael Shumacher Towers is asking for refund as it was supposed to be used for constructing of the three towers.
The investments would then be reimbursed from the capital pro ...More...
The investments would then be reimbursed from the capital pro ...More...
01-07-2009 -
If signs are to be assumed, where economies of BCC nations, especially in UAE, are fast approaching to its usual within next six months. High oil prices and stable property sector are the main thing that bringing about a new life of kind in the UAE, spe ...More...
01-07-2009 -
The two major emirates of the UAE (Abu Dhabi and Dubai) first time in history that their retail rents collapse at least a decade in the 1st Quarter.
Dubai has 11% as their cost of leasing while 3.5% in Abu Dhabi in the first 3 months of this ...More...
Dubai has 11% as their cost of leasing while 3.5% in Abu Dhabi in the first 3 months of this ...More...
30-06-2009 -
The impressive project “The Villa” of Al Mazaya Holding has finally finished. It is the major stages of development and construction that comprises of 700 residential villas with modern designs that will accommodate to the needs of residenti ...More...
30-06-2009 -
“New chapter in the history of real estate globally” is the sign and interpretation of Emaar Properties joint venture during the announcement with the three government-related developers.
Nonetheless, Middle Eastern’s bigges ...More...
Nonetheless, Middle Eastern’s bigges ...More...
30-06-2009 -
Rental prices in Dubai recovered marginally in June as a result of troubled sales, suggesting the market may have bottomed out.
In June the average apartment and villa prices rose by approximately 6.5% to AED1,285 ($350) /sq.ft. and the avera ...More...
In June the average apartment and villa prices rose by approximately 6.5% to AED1,285 ($350) /sq.ft. and the avera ...More...
29-06-2009 -
Ras Al Khaimah Investment Authority (RAKIA) , the organization, decided to establish a property controller in order to protect the investors and to make sure construction funds are not tainted.
RERA will be under RAKIA where they’ll sup ...More...
RERA will be under RAKIA where they’ll sup ...More...
29-06-2009 -
Dubai is starting to take up on prices in some properties in the most attractive areas, agents stated that only the economic mishap are the one delaying the developments.
Whilst agents are always very eager to project the positive side of the ...More...
Whilst agents are always very eager to project the positive side of the ...More...
25-06-2009 -
Considered to be regions’ largest real estate agency, Better Homes, received some positive results over the past two weeks. After a plunge from previous months with regards to the affect of the global financial crisis particularly in the UAE both ...More...
25-06-2009 -
Deyaar Development raises half of a US$136 million (AED500 million) fund in order to purchase troubled properties.
Markus Giebel, CEO, stated, “The fund is subscribed by a mix of local and overseas investors and would buy back distresse ...More...
Markus Giebel, CEO, stated, “The fund is subscribed by a mix of local and overseas investors and would buy back distresse ...More...
23-06-2009 -
Emaar Properties PJSC of Dubai, UAE through its subsidiary the Emirates Property Holdings Limited got the chance to get hold of the liability or debt entrusted to Golden Ace Pte. Ltd. by its financier with the amount of US$ 122 million.
The l ...More...
The l ...More...
23-06-2009 -
Emaar Properties and Standard Chartered Bank joints to offer two mortgage products, namely: Asset Back Lending (ABL) Product and Standard Mortgage Product (SMP). The first one offers an easy loan of up to 40% of the property price with mortgage of Dhs10 ...More...
22-06-2009 -
Multinational and Government-owned Dubai World has hired the service of AlixPartners, the turnaround specialist who are giving advice on the General Motors bankruptcy.
Prior to the end of the year when the $3.5 billion Islamic bond comes due, ...More...
Prior to the end of the year when the $3.5 billion Islamic bond comes due, ...More...
22-06-2009 -
Nakheel, Dubai’s main developer just announced their lower service charge budget for its Discovery Gardens community. New rate has been formally agreed upon with the Dubai Property Market Regulator , RERA, following a detailed study of capacity an ...More...
22-06-2009 -
Real Estate Developer, DAMAC Properties awards a Dhs7.5 million enabling work contract for its Marina Bay development at Al Reem Island in Abu Dhabi to National Dewatering and Drainage Services. They will start the real estate project soon.
T ...More...
T ...More...
21-06-2009 -
Holy month of Ramadan is fast approaching, mostly regional travelers prefer Dubai as their summer get away even just for a short time. Travel discounts and activities are on offers in the UAE as Hyatt Executives consider.
Thierry Bertin, Vice ...More...
Thierry Bertin, Vice ...More...
15-06-2009 -
Emaar clarifies its involvement in Kingdom Holding’s project, stated that “they will not invest in any projects of this sort” and furthermore, that it signed a contract with Jeddah Economic Company, and would, “only offer managem ...More...
15-06-2009 -
Based from the survey conducted, Wealthy investors in the UAE are most probably grow their real estate investment in the approaching 12 months compared with other countries.
31% of wealthy investors in the UAE expressed that they’ll see ...More...
31% of wealthy investors in the UAE expressed that they’ll see ...More...
15-06-2009 -
Built up by publication, UAE markets seems to be enticing and aims higher outlook of investors or shareholders engaging mega projects in some major real estate company in Saudi Arabia.
Naming a few, Saudi-based Kingdom Holding Co’s stat ...More...
Naming a few, Saudi-based Kingdom Holding Co’s stat ...More...
15-06-2009 -
Saudi’s Kingdom Holding Co. chose Dubai-based Emaar Properties to be in-charge or the main developer of a real estate project that features the world’s tallest property.
The 95% owned project by billionaire Prince Al Waleed Bin Ta ...More...
The 95% owned project by billionaire Prince Al Waleed Bin Ta ...More...
11-06-2009 -
Moody’s Investors Service – Dubai Inc.’s chances on credit ratings when given a facelift will provide a spark of hope for the emirate that went from boom to bust during the financial crisis.
According to Philipp Lotter, Seni ...More...
According to Philipp Lotter, Seni ...More...
11-06-2009 -
Executive Chairman, Dubai Luxury Hotelier Jumeirah, stated Tuesday, anticipates disclosure control of recruitment by the end of the year of new hotels, the opening is on 2010, and seeking to operate of up to 30 hotels by 2013.
Gerald Lawless, ...More...
Gerald Lawless, ...More...
08-06-2009 -
Leading German company in the real estate sector, Casamia Star Gesamtplanung Real Estate L.L.C announcing today that the company aspires to concentrate on its real estate business as part of its efforts to improve furthermore its presence in the regiona ...More...
08-06-2009 -
Ibis Mall of the Emirates enters Dubai’s hotel property market, comprises of 204 modern-day style rooms (153 double rooms, 49 twin-bedrooms, and 2 special needs room).
The trendy and lavish Ibis Mall of the Emirates’ location is i ...More...
The trendy and lavish Ibis Mall of the Emirates’ location is i ...More...
08-06-2009 -
HH Shaikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has given a 5-year extra time for the construction on the land granted on UAE Nationals.
Those who have acquired (UAE Nationals) the la ...More...
Those who have acquired (UAE Nationals) the la ...More...
08-06-2009 -
Government of Dubai Law No. 9 of 2009 established for the purpose and interest of property developers from investors who cancel their contracts before the completion of the projects of real estates.
Global recession’s outcome, sharp sho ...More...
Global recession’s outcome, sharp sho ...More...
04-06-2009 -
Today is the proclamation of the company, Deyaar Development, PJSC, a regional real estate company devoted to modernism, customer care and long-term sustainable growth. They will entrust shortly this month all of their 470 residential units at four (4) ...More...
03-06-2009 -
It is a thrilling time for the Saudi Property Market, in looking at a quantity of the excesses and fruitless property developments witnessed in the GCC countries, together with conspicuous demographics demonstrating that the flourishing in the Kingdom o ...More...
02-06-2009 -
Indexes of Dubai and Abu Dhabi reach 24-week closing highs, however some of the conclusions in the early hours of the sessions were wear away as it repeatedly failed to smash above 2,000 points.Benchmark of Dubai rose 2.1% to 1,960 points believe to be ...More...
02-06-2009 -
One of United Arab Emirates’ largest property developer, Emaar Properties, PJSC, soared to the highest point in over six (6) months on speculation, the worst in the region’s real-estate market is ended.
The shares advanced 10% in ...More...
The shares advanced 10% in ...More...
02-06-2009 -
Burj Al Alam, a real estate property that worth Dhs2.5 billion is up for completion by 2012. Originally, the real estate project launched in 2006 in Dubai and was set to finish by 2009, but due to some unexpected circumstances in the field of UAE’ ...More...
02-06-2009 -
Kuwait-based Global Investment House is up to 9.50%. They posted the major profit at another upbeat day the Dubai Financial Market (DFM).
The DFM General Index prolonged its gains from the other day. It closed to 2.21% higher at 1,919.60 poin ...More...
The DFM General Index prolonged its gains from the other day. It closed to 2.21% higher at 1,919.60 poin ...More...
01-06-2009 -
The two former property salesmen were sentenced to three years in prison and penalized worth Dhs3.8 million (US$1million) for pilfering Dhs3.08 million in an illegal charges.
Both were former worker of the developer Nakheel, namely KM,28, an ...More...
Both were former worker of the developer Nakheel, namely KM,28, an ...More...
01-06-2009 -
Nakheel, the state-owned developer of 3 Palm-tree shaped man-made islands in Dubai made a unification with the property section Dubai Multi-Commodities Center (DMCC).
Spokesman of DMCC uttered, “Property-related operations have been int ...More...
Spokesman of DMCC uttered, “Property-related operations have been int ...More...
01-06-2009 -
In a report released from HSBC, Dubai property market is beginning to become stable.
A once-booming property sector in Dubai has fallen off dramatically as a result of the global financial crisis, as prices plunge, developers cancel projects ...More...
A once-booming property sector in Dubai has fallen off dramatically as a result of the global financial crisis, as prices plunge, developers cancel projects ...More...
01-06-2009 -
Last week amid investor concerns about the viability of his Dubai property project, Sulaiman Al Fahim launched his bid for Portsmouth. Fahim’s Hydra Properties – Hydra Village, the flagship with 2500 villa development was due for completion ...More...
01-06-2009 -
Over 100 would-be property buyers grace with their presents in Dubai’s first real estate public sale but the lots failed to attain reserve prices and unfortunately didn’t sell.
The auction was organized by Mandania Real Estate, a ...More...
The auction was organized by Mandania Real Estate, a ...More...
01-06-2009 -
Dubai’s house prices has reach its biggest downturn among global property markets in the Q1 (First Quarter) as an outcome of the economic crisis. “On a quarterly basis, the most dramatic fall in prices were documented by Dubai (40%) and Sing ...More...
27-05-2009 -
The property developer Nakheel is offering their customers a discount of up to 30% on its residential units in order to aid people shun expenses and not to create failure payments.
The move is everybody’s hoped that will help investors ...More...
The move is everybody’s hoped that will help investors ...More...
26-05-2009 -
Frozen cranes in an isolated building sites, no laborers, no engineers are just an absolute reminder of Dubai’s property sector that has gone from flourishing to devastation status in less than nine (9) months.
Investors/Shareholders ar ...More...
Investors/Shareholders ar ...More...
25-05-2009 -
The Dubai Department of Tourism and Commerce Marketing has revealed, that occupancy rates in Dubai hotels fell to 73% in the 1st quarter of this year, compared to 90% in the previous quarter. The fall is pointing out of a wider fall in tourism, which ha ...More...
25-05-2009 -
It is said that, hundreds of millions of pounds is at risk. An 800-enthusiastic group of investors, from individuals who put deposits on holiday flats/villas to property brokers. Work has been slowed and closed on wrap of building sites that includes th ...More...
25-05-2009 -
24th May 2009, Dubai: Dubai Property Society or DPS held an event at the Park Hyatt's Creek Ballroom with theme titled "Freehold Property Legislation in Dubai Real Estate Market". An association of professionals engaged in the real estate sector. Th ...More...
03-03-2009 -
The external cladding and painting have now started at Emirates Garden development in Jumeirah Village, declared by DAMAC Properties,in Dubai. The low-rise Mediterranean style complex is made up of 3 separate buildings each of 4 storeys. Emirates Garden ...More...
24-02-2009 -
New report said, about 30,000 units will be carried in Dubai in 2009 and 2010 while Abu Dhabi will see a supply of 18,000 units during the same period. While demand is more difficult to predict and dependent on a number of variables, we estimate 30,000 ...More...
17-02-2009 -
The official groundbreaking of 5th Avenue Tower in the city of Ajman will be held by GBS on 14th of February, one of the 5 developments that GBS Group Holding is constructing Tower. This is a freehold property which can be owned by an investor from any ...More...
17-02-2009 -
$100 million real estate fund in Abu Dhabi has been initiated by London-based investment house, planned to take advantage of the opportunities in the UAE capital presented by a unceasing undersupply of housing and the population boom. The Lewis Charles ...More...
17-02-2009 -
A strategic partnership agreement was formed by Manazel a leading real estate developer with the Dubai Quality Group to guarantee the highest levels of quality and excellence in its property projects, Dubai Quality Group (DQG) said.Khalid Al Jodar, Secr ...More...
13-02-2009 -
Ajman real estate is on its path of development and will be revitalizing in times to come as revealed by a senior official "We seek to implant confidence in the minds of investors and buyers of real estate units. The market is doing well and is moving s ...More...
13-02-2009 -
The demand in Ajman real estate has gone up as rates come down to as low as Dh299 per square foot now from Dh600 per square foot six months ago.While there are many bargains to be had here in Dubai if cash isn't an issue, in Ajman, the chances are j ...More...
05-02-2009 -
More than 1,000 homes opened by Dubai property developer in a impressive waterfront scheme will be handed over by the end of 2009.Nakheel said work on 1,040 new homes in the Manarah District in Badrah, part of its vast Waterfront scheme, ...More...
05-02-2009 -
Blue Dolphin Commercial Centre has its newest project collection, The Crown Jewel. Valued at Dhs400m, Blue Dolphin Commercial Centre will be one of the first freehold office complexes to be developed at Abu Dhabi's Al Raha Beach, just ten minutes fr ...More...
05-02-2009 -
The UAE federal government is evaluating the issue of freehold property visas linked to expats' ownership of properties in different emirates, Nasser Bin Hassan Al Shaikh, director of Dubai Government’s Department of Finance told the media on ...More...
02-02-2009 -
A leading developer and multi-service contributor to the real estate sector, Sweet Homes proclaimed the sold out of A3 and B4 Towers, collectively valued at Dh70 million � within the Al Khor Towers development in Ajman.The company further revealed tha ...More...
02-02-2009 -
Sweet Homes a UAE property developer has sold out two towers in a nine-building plan valued at AED 70 million. Sweet Homes, one of Ajman’s major real estate companies, said the ‘A3′ and ‘B4′ sections of its Al Khor Towers g ...More...
28-01-2009 -
Dubai International Convention and Exhibition Centre will be the venue for Dubai International Property show to be held from 15th to 17th of February.Organisers of the happenning, Strategic Marketing and Exhibitions, have announced that delegates from a ...More...
28-01-2009 -
Report forecast that market of real estate in Dubai is set to see an augment in activity when liquidity returns to the sector. According to Business 24-7, a study by HSBC Holding has proposed that buyer assurance will return once finance becomes easier ...More...
23-01-2009 -
Residential index for the mid of the year 2008 started by RERA recently after sub dividing it into a range of factions.The preceding week saw the unveiling of the commercial property index prepared by the establishment. The index has been agreed to prov ...More...
12-01-2009 -
The laws initiated recently for real estate in Dubai showing to be cooperative in driving out unhelpful trends. Consultants from different dubai real estate acclaim the new real estate laws as perfect for inspiring investor confidence. An innovative mov ...More...
09-01-2009 -
New course on implementing Dubai Strata Law has launched by Dubai Real Estate Institute (DREI), the first and leading comprehensive institute for real estate education in the Middle East tendering high quality programmes. The course offers participants ...More...
09-01-2009 -
With differing rumor of fluctuating prices, luck of information on date for a guaranted rental index, and little mark of this year's rent cap, it has never been a more unsure time to be a tenant in Dubai. Along with all the confusion, experts agree ...More...
09-01-2009 -
The famous Dubai Investment Properties (DIP) has finally platformed the Sunset. The project that has been planed according to contemporary benchmarks will conceptualize a abundant lifestyle by incorporating opulent features such as a high-end luxury sho ...More...
07-01-2009 -
Tough rules on dubai real estate property market in the Gulf financial hub subsequent to many developers go down projects since of the global crisis. Real estate authorities are expected to issue new rules and regulations aspired at helping prevent dela ...More...
06-01-2009 -
The fashionable furnishing combines delicate Arabic motifs and sophisticated design elements that flawlessly merge into a current modern environment with 180 rooms, 20 suites, 2 restaurants, a coffee shop, business center, two board rooms, a airy banque ...More...
06-01-2009 -
Real Estate Regulatory Agency (RERA) is hovering to roll out its eagerly expected rental index. The main driver of inflation in the UAE is the increasing rents on the properties RERA index will evaluate rental prices range across the city to control. Th ...More...
06-01-2009 -
Most recent proof that it will not be the US economy that leads the world out of its slump is the meager sales statistics in the automobile industry. US citizens are tightening their purse strings, which will have the unintended benefit of seeing fewer ...More...
05-01-2009 -
New study disclosed that investors in the Middle East interested in making purchases on property consider the sustainability rather than its location. Developer Nakheel study, shows half of respondents believe how environmentally-friendly a property is ...More...
05-01-2009 -
Huge increase in service charges hit Dubai’s 7,000 Jumeirah Beach apartment landlords. Salwan Property Management, formerly Idama, is a supplementary of the project developer, Dubai Properties, which is associated to the Dubai government. The cont ...More...
05-01-2009 -
20 percent increase in Dubai public spending for new anticipated infrastructure development. The emirate's government - which is due to disclose its budget next month - is to raise public spending in an effort to improve its economy in the present e ...More...
14-11-2008 -
According to industry specialists, anxiety about the credit crunch has produced a movement in the Dubai property market away from sales towards rentals.
Advertisement on properties for rent increases rather than being sold. Pooja Rajani direc ...More...
Advertisement on properties for rent increases rather than being sold. Pooja Rajani direc ...More...
12-11-2008 -
At a World Economic Forum meeting in Dubai, EMAAR Chairman, Mohammed Alabbar informed the participants, "Domestic demand for real estate continues to outstrip supply, and it will be so for several years."
"This demand is real, and there is a ...More...
"This demand is real, and there is a ...More...
11-11-2008 -
Despite of the global crisis, emirate’s thriving real estate sector would uphold growth as demand continued to surpass supply said by prominent Dubai property development executive on Sunday. At a World Economic Forum meeting in Dubai, EMAAR Chair ...More...
09-11-2008 -
On the dealing grounds of the world's financial markets, October has been a month to conceal in the closet - credit has dried up, mortgages are hard to come by, and property markets in the West are sluggish.
However in the sparkling distr ...More...
However in the sparkling distr ...More...
09-11-2008 -
Time period extension has been started for repayment of mortgages given by the EMAAR Properties to their customers as liquidity constraints in the local banking sector has intinsified the problems of sheltering home finance.
Issam Galadari, E ...More...
Issam Galadari, E ...More...
09-11-2008 -
Investment opportunities in the Indian Ocean island paradise of Mauritius has been showcased by PURE International, real estate sales and marketing agency, to distinguish Dubai property customers this week.
In a succession of events - startin ...More...
In a succession of events - startin ...More...
07-11-2008 -
Declining property and commodity prices and slowing economies are starting to influence the bankers, although they have been hardly bruised so far. Islamic banks and financial institutions which is infecting conventional lenders.
"The problem ...More...
"The problem ...More...
07-11-2008 -
Superior of a leading real estate believe that Dubai could get a larger diversity of investment property loan, as well as buy to let mortgages.
The country state will also survive the current economic chaos that has hit other markets, Cliff K ...More...
The country state will also survive the current economic chaos that has hit other markets, Cliff K ...More...
07-11-2008 -
University of Toronto where Saif Ahmed equipped his M.B.A.. He began his dream of living in Dubai five years ago, Ahmed a Canadian entrepreneur stirred to the gulf city-state and co- founded property developer Universal Canlink Inc. The firm had $15 mil ...More...
06-11-2008 -
$2.2 billion residential project has taken a chance by golfer champion Adam Scott with more than 1000 luxury apartments, but no golf course in Dubai.
The 28-year-old Australian, ranked 16th in the world, is one of the associates in a combined ...More...
The 28-year-old Australian, ranked 16th in the world, is one of the associates in a combined ...More...
06-11-2008 -
The government, developers and even municipal bodies are discussing about the market, declaring that there is a short of completed properties in real estate presented on the market, that as effect the rising rates of rental all the time making a potenti ...More...
12-10-2008 -
A media outlet has noted overcoming sense of self-assurance at this week’s Cityscape conference in Dubai. Numerous of the leading investors, designers, property and contractors in the emirate attract in the happening.
According to the W ...More...
According to the W ...More...
12-10-2008 -
US investment bank Citi made a report that a thinning credit market will more probably sluggish than fall down of Dubai property market. In the past three months report, GCC economy had left from a position of too much development and demand- driven the ...More...
12-10-2008 -
Oblivious to the crawling current of humanity around her, a fair-haired goddess in the curving white dress nerved calmly at her golden harp. A tower creatively named Pemtominium of Ferragamo penthouses was probably intended to highlight theirs stylishne ...More...
24-09-2008 -
Gather major asset gains for investors in Dubai property market could be in line, proposed by some specialists. According to EFG-Hermes investment bank, this year Dubai has exceeded the initial house price development expectations.
Definitely ...More...
Definitely ...More...
24-09-2008 -
Dubai Marina presents the newest luxury complex in West Avenue with 32 floors, Manhattan style. More than 678 million worth like combine residential property, Dubai’s Select Group in association with Select Property has commenced this project, UK ...More...
24-09-2008 -
1.5 billion US dollar expected to push into the Dubai property market from Russian Investors in 2008, as studies disclose their eagerness to discover added investor to friendly markets outside their country. By the outburst of global real estate investm ...More...
22-09-2008 -
Dubai real estate remains strong as point of view, determined by the better doorway of end users into property market, a decrease in mortgage rates and an increase in financing alternatives, according to a latest report.
The EFG-Hermes report ...More...
The EFG-Hermes report ...More...
22-09-2008 -
Dubai Analysts told, that the rising prices on property in Dubai are expected to continue next year, however different rate as in the last 12 months. Both residential and commercial real estate in Dubai continues to challenge global trends, according to ...More...
18-09-2008 -
Series of building in the booming emirate of Ras Al Khaimah in United Arab Emirates (UAE) conceptualized by Bollywood celebrity Shak Rukh Khan, currently endeavoring a new role as a property developer, according to an entertainment website.
K ...More...
K ...More...
18-09-2008 -
UAE markets shaken when Lehman Bros a US banking giant shrunk hit by global crisis, causing worries that the Dubai property explosion could be stop in its trails.
4 percent drop in Dubai’s main index on opening, indicates on early tradi ...More...
4 percent drop in Dubai’s main index on opening, indicates on early tradi ...More...
15-09-2008 -
Fake currency woth of 2.5 million rupee supposedly used to buy a property in Dubai, the suspect denied having the counterfeit currency, a court heard on Monday.
The Public Prosecution charged the 28-year-old Pakistani suspect, A.M., with poss ...More...
The Public Prosecution charged the 28-year-old Pakistani suspect, A.M., with poss ...More...
10-09-2008 -
For the last few years UAE growth attract international interest in property particularly in continuously developing Dubai. Authorities believe that Dubai property market to still be in its formative years, and therefore will continue to rise at a surpr ...More...
10-09-2008 -
Days gone by the values of shares in some Middle East biggest real estate companies gone down in the middle of developing signs that the region oil stoked property grow is near to an end.
Emaar Properties, developer building the world’s ...More...
Emaar Properties, developer building the world’s ...More...
10-09-2008 -
Over 5,000 global industry players including investors appearing in the occasion to expand their collections into soaring possible markets in Middle East.
Today September 09, 2008, Sherwoods Independent Property Consultants has proclaimed tha ...More...
Today September 09, 2008, Sherwoods Independent Property Consultants has proclaimed tha ...More...
31-08-2008 -
Dubai held a two days show from Philippine Property this September 26-27 at Crown Plaza Hotel in Zheikh Zayed Road. This event is to be the 1st Philippine Property Show in the Middle East. They have exceptional opportunities to carry on business directl ...More...
31-08-2008 -
Rising prices in Dubai housing are expected to climax in 2009 ahead of declining at least 15 percent as the UAE emirate take actions to weed out short-term speculators, according to forecasts from a group of banks, investment firms and research institut ...More...
31-08-2008 -
Rising prices in Dubai housing are expected to climax in 2009 ahead of declining at least 15 percent as the UAE emirate take actions to weed out short-term speculators, according to forecasts from a group of banks, investment firms and research institut ...More...
31-08-2008 -
Shebab Gargash, whose firm manages around 5 billion dirhams ($1.4 billion), told Reuters after a news conference, “Prices are bound to stop growing at this maddening scale”.
"The question is how will it stop? Will it be a crash? I ...More...
"The question is how will it stop? Will it be a crash? I ...More...
29-08-2008 -
If master developers halt their offering residence visas for property buyers Dubai would lose its good dealing influence in the real estate property market. The majority of overseas investors feel safer as they come to and leave the emirate without rest ...More...
29-08-2008 -
Foreign western investor have slowed down on Gulf property markets, parting the picture for local oil billionaires at smallest amount until global credit crises ease or markets in the Gulf region turn into more open and predictable.
In cash-r ...More...
In cash-r ...More...
29-08-2008 -
70 % for the past 18 months the property prices in Dubai soared up and this year about 40 % up, still Dubai property market continues to exceed all expectations.
HSBC believes that, with sustained population growth of about 7 per cent and con ...More...
HSBC believes that, with sustained population growth of about 7 per cent and con ...More...
28-08-2008 -
Official from Dubai Real Estate Regulatory (RERA) told on Tuesday that a new law has issued to regulate the sale of real estate property in Dubai but it is still under creation in an effort to restrain rumor that has sent property prices in the Gulf Ara ...More...
28-08-2008 -
Selected Group, Dubai and Select Property, UK have jointly commenced West Avenue, a luxury Manhattan style compound with 32 floors on one of the last remaining plots on Dubai Marina-Jumeirah.
West Avenue, an over AED 678 million joint residen ...More...
West Avenue, an over AED 678 million joint residen ...More...
28-08-2008 -
Ajman is blistering on their heels while other Dubai neighboring emirates were drawing their thumps and following the paths as the next emirates in the country to emerge in property markets, after the achievements of Dubai and Ras Al-Khaimah and their f ...More...
28-08-2008 -
Depressing forecasts have failed to occur so far. Rumor about the burst of bloating real estate in Dubai has been a preferred entertainment of Gulf spectators for years, as one super construction project has followed another.
With property pr ...More...
With property pr ...More...
26-08-2008 -
To those who are interested in purchasing a freehold property in the Al Maktoum International Airport project an agreement to offer a financing way outs or solutions have jointly signed by DWC-Dubai World Central and Tamweel Real Estate Group.
...More...
...More...
26-08-2008 -
In a country that well establish in property market, there is a soar demand to obtain both residential building insurance and contents insurance. For some reason, the insurance matter in the UAE is nowhere close as high. For a proprietor not to acquire ...More...
26-08-2008 -
The enclose that has been place collectively among a leading UK finance broker means that the credits can be arranged in local currency (Dirhams) with a assurance of proficient and rapid processing in the UK. Meaning buying property in Dubai has never b ...More...
26-08-2008 -
Strict selection scheme put by a member of Dubai Holding, Tatweer to potential clients planning to purchase property in Tiger Woods Dubai, a private residential golf community development in Dubailand, told by top executive officer the other day.
< ...More...
< ...More...
22-08-2008 -
Dusit Residence in Dubai Marina to be launches this coming first quarter next year, plans by Thailand’s Dusit Thani Goup after the rescheduled opening on July this year due to construction delays. The 35-storey serviced apartment building will con ...More...
22-08-2008 -
Today, Select Group, Dubai luxury residential property developer proclaimed that it has awarded a construction contract to Construction Technology Contracting (CTC) based in Ras Al Khaimah for its new Pacific project on the off-shore man made developmen ...More...
22-08-2008 -
This day Select Property has publicized a 100 million pound apartments plan in the Middle East, which it said would assist attain its 800 million pound sales aim for this year.
Select Property, will expand West Avenue, a 31-storey tower block ...More...
Select Property, will expand West Avenue, a 31-storey tower block ...More...
22-08-2008 -
Plans to build in Dubai worth of 100 million pound apartment tower announced today by Wilmslow-based developer Select Property.
The 31-storey West Avenue in Dubai Marina, will have 251 flats plus shops and restaurants on the ground floor, and ...More...
The 31-storey West Avenue in Dubai Marina, will have 251 flats plus shops and restaurants on the ground floor, and ...More...
22-08-2008 -
In the silhouette of the soaring twin towers that decorates the Bahrain Financial Harbour dozens of wooden dhows sail one by one in the late calm afternoon sun in Manama Harbour. The sight captured one of the numerous stark disparities you can discover ...More...
22-08-2008 -
As a commercial and financial hub of the country (UAE) Dubai government issued a mortgage law as part of endeavors to standardize the emirate’s growing real estate sector, Khaleej Times newspaper reported on Wednesday.
The 35-article la ...More...
The 35-article la ...More...
19-08-2008 -
Anti-corruption drive by Dubai government helped revitalized the emirate’s equity market.
On Sunday the share drop was led by Tamweel, whose former chief executive has been questioned by police, but yesterday the Islamic loan provider r ...More...
On Sunday the share drop was led by Tamweel, whose former chief executive has been questioned by police, but yesterday the Islamic loan provider r ...More...
19-08-2008 -
The chief executive of the Real Estate Regulatory Authority said, Sheikh Mohammed bin Rashid Al-Maktoum, ruler of Dubai has issued a new mortgage law as part of moves to regulate the emirate's developing real estate sector.
Following a 35 ...More...
Following a 35 ...More...
19-08-2008 -
The major incident for interior design firms in the Middle East is the index 2008, and is set to crowd the world’s major suppliers as they slide down on Dubai. Dmg organizers said that the happening is to be held at the Dubai International Exhibit ...More...
19-08-2008 -
In 2002 when Dubai Government gave the right to own real estate to the foreigners, property prices in Dubai climbed high and demand has surpassed supply with evidence population growth.
The investment bank Al Mal Capital, said yesterday that ...More...
The investment bank Al Mal Capital, said yesterday that ...More...
19-08-2008 -
Other industries in the country have a knock on result with the growing Dubai property market in real estate. Design and Interiors is one of the industries to benefit from soared demand for Dubai property.
Organizers have stated that INDEX 20 ...More...
Organizers have stated that INDEX 20 ...More...
18-08-2008 -
The growing real estate is going from end to and end of Gulf region, in the smallest sleepy emirate of Ajman property business is at an all-time above the ground.
To support the enormous real estate growth, the Ajman government is also implem ...More...
To support the enormous real estate growth, the Ajman government is also implem ...More...
18-08-2008 -
Today the Dubai Real Estate Institute (DREI), which is the first specialized real estate institutions in the region’s proclaimed the launch of its graduate programmed, which will include three in built degrees, comprising Master of Real Estate Dev ...More...
18-08-2008 -
The newest trade gossip to bring in the Gulf business hub today is the reports of senior official who work in one of the primary real estate developers in Dubai which is under investigation for allegedly taking 816.8 million dollar as kickback.
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18-08-2008 -
Soaring rental market of the property in UAE cause trap feeling by many residents, not capable to buy there own apartment and place rotten by the difficulty of paying a mortgage.More than half of respondents to an online survey performed by the website ...More...
18-08-2008 -
Morgan Stanley said on Tuesday that 10% probable fall down of Dubai property prices by 2010 as supply of real estate units outpaces demand in the Gulf emirate, which flowed up 79% since the start of 2009.
A keen modification in Dubai's re ...More...
A keen modification in Dubai's re ...More...
17-08-2008 -
Senior property consultant said, a wide-open magnifying eye put in their operations by private companies across Dubai to make sure there are no financial abnormalities in the rouse of high-profile investigations into a Nakheel official and a former chie ...More...
17-08-2008 -
Growing property market in Dubai seems to be on its track for a slowdown, following years of tough capital increase. The Dubai government plans to limit the widespread rumor of alarming growth-ruined situation of property market with overflow of new hom ...More...
17-08-2008 -
Dubai Real Estate Institute (DREI) announced the three latest degrees concerning to the real estate sector in a move that is as helpful for the industry. The newest graduate programmes will include the new built-in degrees, according to the Dubai Real E ...More...
17-08-2008 -
Worth of 1.7 billion dirhams residential tower commences tonight and other four more expansion projects to be announced by Desert Dream Real Estate and Investment, enough evidence that it is optimistic about the property market here in spite of reports ...More...
15-08-2008 -
Today a contract with Salwan Property Management has signed by primary master developer Dubai Property (DP), both supplementary of Dubai Properties Group, to deal with and sell key developments around Dubai as element of its mission to tender complete r ...More...
15-08-2008 -
Yesterday Dubai stock exchange makes revenue attractive troubled, dashing hope of it recovering for a second day. The Dubai Financial Market (DFM) cut down 1.11% to 5,018 points, it’s second lowest end of 2008, and thinning volumes sick prefigure ...More...
15-08-2008 -
In prosperous with optimistic progress predictions real estate sector in Abu Dhabi, Aldar Properties named in a report by Morgan Stanley Research Europe as a ‘leading developer’ in the emirate. Despite a tougher performance showed by Sorouh ...More...
15-08-2008 -
High rents on apartment expected in the emirate when homeowners association takes effect this year. Property proprietors partly say, occupants in freehold properties may end up bearing the impact of increase in maintenance cost. On the other hand, exper ...More...
15-08-2008 -
This July 40% increased on property prices in Dubai compared to the same period last year, the investment bank, Al Mal Capital, said yesterday. Report said that based on Al Mal’s Dubai property price index, the price of residential section have se ...More...
14-08-2008 -
Al Mal Capital disclosed today that in the month of July Dubai property prices soared up by an average of 40%. In the meantime, rental give ways down turn slightly in July to 6.8% compared to 7.8% the year before as prices on property outpaced rental ra ...More...
14-08-2008 -
Worth of 1.7 billion dirhams residential tower commences tonight and other four more expansion projects to be announced by Desert Dream Real Estate and Investment, enough evidence that it is optimistic about the property market here in spite of reports ...More...
14-08-2008 -
WSJ’s property headline report today about Dubai it appears that tolerable. It was just a couple weeks ago that another typical media property, 60 Minutes, did it’s adorable profile of all things Dubai, as well as loving their monarchy that ...More...
14-08-2008 -
In Waterfront, a district by expert developer Nakheel, a new residential development worth of 1.7 billion dirhams, Dream Harbour, officially commenced by Desert Dream Real Estate Investments, one of the greatest growing developers in the Gulf. A 48 floo ...More...
14-08-2008 -
In a flashy and well skilled real estate in Dubai, breaks starting to show in the walls of property markets. Flipping properties has reached such a excited speed, driving up prices, that Dubai's Real Estate Regulatory Authority, or RERA, is looking ...More...
14-08-2008 -
Magic Hills Residences’ in Navi Mumbai will start construction works in October and expected to complete first phase in eighteen months, as their NRI township projects, said Sternon Real Estate in Dubai and Garnet construction based in Mumbai.
...More...
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13-08-2008 -
One of Dubai biggest developers in real estate sector, Union Properties now looking for its legal alternatives following the Morgan Stanley issued report last week that gave the company a negative rating and helped propel its shares dropping 15% in a we ...More...
13-08-2008 -
In a flashy and well skilled real estate in Dubai, cracks starting to show in the walls of property market.
Flipping properties has reached such a feverish pace, driving up prices, that Dubai's Real Estate Regulatory Authority, or RERA, i ...More...
Flipping properties has reached such a feverish pace, driving up prices, that Dubai's Real Estate Regulatory Authority, or RERA, i ...More...
13-08-2008 -
1.7 billion dirhams project in Waterfront commence by Dubai Property developer Desert Dream.
A 48-storey residential tower located on 67,850 square feet of land-Dream Harbour. The total built-up area will be 750,000 square feet, excluding car ...More...
A 48-storey residential tower located on 67,850 square feet of land-Dream Harbour. The total built-up area will be 750,000 square feet, excluding car ...More...
13-08-2008 -
Over the past five years, Dubai International Financial Centre (DIFC) may have had its share of ups and downs. However, the lates Chatham House study creates the emirate as the financial centre in the world most likely to ‘become significantly mor ...More...
13-08-2008 -
UAE has hoped 23 places to marked the fourth position among the majority and lively land markets worldwide in the first half of 2008. Latest statistics enclosed yesterday, 64 billion US dollar (Dh235bn) global sales arrived during the period.
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13-08-2008 -
Large warehousing facilities would be more of their direction of Gulf region companies, attracted by the resilience in the Gulf logistics sector.
With the Middle East region locating itself as a worldwide logistics hub given its strategic sit ...More...
With the Middle East region locating itself as a worldwide logistics hub given its strategic sit ...More...
13-08-2008 -
For a number of years investor in the GCC have been investing in the conservative evade fund market.GCC institutions have, in terms of their own portfolio diversification, generally mirrored global investment thinking. Tough regional progress and the st ...More...
12-08-2008 -
By completing the foundation work for the project ahead of the timetable, Hydra Properties the foremost UAE based international property developer said that it has rapidly tracked its impressive Hydra Avenue Towers project which is located at Al Reem Is ...More...
12-08-2008 -
Today, The Tiger Woods Dubai, a member of Tatweer and an exclusive 55-million sq. feet golf community development announced the launching of an exclusive sale suite on August 17 at the Westin hotel in Dubai to provide to interested investors.
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12-08-2008 -
Al Mashraf Bank the latest proprietor of the Casa del Mar development in Dubai Marina told the investors that once the project finished it will be sold to new investors, rending the present contracts canceled.
The original owner of the develo ...More...
The original owner of the develo ...More...
12-08-2008 -
Residential units in Dubai will offer the most attractive returns in 2008, growing 37 per cent annually, which will be followed by commercial and retail space, according to a new study.
"We do expect continued buoyancy in prices across the bo ...More...
"We do expect continued buoyancy in prices across the bo ...More...
12-08-2008 -
Property owners in Dubai are likely to see a sharp rise in their building service fees with the introduction of home owners’ associations.
Some will see thousands of dirhams added to their annual fees when the new associations take resp ...More...
Some will see thousands of dirhams added to their annual fees when the new associations take resp ...More...
12-08-2008 -
According to Royal Institution of Chartered Surveyors reports (RICS) intervention from the government should slow down in frantic speculation in the property market.
RICS discovered that as much as 80% in Abu Dhabi and 50% in Dubai has sold t ...More...
RICS discovered that as much as 80% in Abu Dhabi and 50% in Dubai has sold t ...More...
12-08-2008 -
Dh170 billion project plans estimated to reach by the end of 2010 for all their developments by Dubai Property Developer, Azizi Investment, with over 50 projects in the channel.
Inline of their ambitious road to reach their goals, Azizi Inves ...More...
Inline of their ambitious road to reach their goals, Azizi Inves ...More...
12-08-2008 -
Dubai Financial Market (DFM) yesterday pushed a ten-month down subsequently huge decline in real estate revenue, banking and investment.
The 5,200 sugn was presumed to give strong support, but the DFM's General Index collapsed through thi ...More...
The 5,200 sugn was presumed to give strong support, but the DFM's General Index collapsed through thi ...More...
12-08-2008 -
Why villas, apartments and plots can’t go beneath the beat, if horses, camels and plate numbers can. In a situation of property market such as Dubai, high-net-worth individuals are increasingly willing to bid the highest for products of their choi ...More...
11-08-2008 -
PCI Group, LLC bought by Hill International, a global prime in managing risk pertaining to real estate. The PCI Group is a firm that does business with property shared claims, a project management support, and support services and software sales all thr ...More...
11-08-2008 -
Dubai is a city where you can entertain your visitors with many attractions and breath taking views, however, some tourists are looking for a view of Dubai unlike any other.
Tourist operators conventionally bring visitors to a city’s be ...More...
Tourist operators conventionally bring visitors to a city’s be ...More...
11-08-2008 -
Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments (DI).
"DIRCDIRC has so far launched one project this year in Mirdiff Hills, which is a 2 billion dihams mixed-use development. We will commence three more ...More...
"DIRCDIRC has so far launched one project this year in Mirdiff Hills, which is a 2 billion dihams mixed-use development. We will commence three more ...More...
11-08-2008 -
Twelve property developement project plans worth of 3 billion dirhams and 5 billion dirhams expected to grow for the next two years by the MAG Group property development, which is a member of the Moafaq Al Gaddah (MAG) Group of Companies. MAG G has acco ...More...
11-08-2008 -
Retails is the second most prospering market non oil sector after the property market, and more and more in Dubai regional holding companies turn to it as a resources of expanding their works and investments.
Dubai Properties Group (DPG), a d ...More...
Dubai Properties Group (DPG), a d ...More...
11-08-2008 -
Latest report, in the first mid of this year, dealings on commercial property in the country doubled, making it one of the fastest global bursting markets at a time when sales shrunken to a different place.
Real Capital Analytics (RCA), the p ...More...
Real Capital Analytics (RCA), the p ...More...
11-08-2008 -
Some property actors stay optimistic regarding Dubai’s real estate market situation in spite of the boiling and fearing reports that saturated market in the coming midst of the year could persuade a descending trend.
Speaking to Emirate ...More...
Speaking to Emirate ...More...
11-08-2008 -
After emerging as one of the best to put the money on for many years, Dubai growing property market come into view to be heading for a slow down period.
The authorities are seeking into solutoins to stem widespread speculation, fearing an ove ...More...
The authorities are seeking into solutoins to stem widespread speculation, fearing an ove ...More...
10-08-2008 -
Property investors in Dubai expect a new real state court, which is intended purposely to cater with arguments, possibly will help lucid the small number of clouds over the Dubai’s real estate market when it starts functions in September.
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10-08-2008 -
Top company executive told that in early 2009 new six projects would be hand over by Dubai Investments Real Estate Company (DIRC) in Dubai.
"DIRC has so far launched one project this year in Mirdiff Hills, which is a Dh2- billion mixed-use de ...More...
"DIRC has so far launched one project this year in Mirdiff Hills, which is a Dh2- billion mixed-use de ...More...
10-08-2008 -
International investors chastised regional property and financial stocks across the Gulf region by retreating from floating markets and tightening credit.
Last week Banking and property shares tumbled, helping to drag broader indexes down and ...More...
Last week Banking and property shares tumbled, helping to drag broader indexes down and ...More...
10-08-2008 -
Police in Dubai has arrested gangs of Armenians after being found in their home with a total of 50,000 US dollar cash and other stolen items.
The money was the profits of a crime binge dating back to May where the five men and two women targe ...More...
The money was the profits of a crime binge dating back to May where the five men and two women targe ...More...
10-08-2008 -
Yesterday property developer Hydra Properties said that its Hydra Avenue Towers project is advance of its schedule.
Hydra Avenue Towers is located at Al Reem Island projects in Abu Dhabi and has finished the foundation work.
Dr Sul ...More...
Hydra Avenue Towers is located at Al Reem Island projects in Abu Dhabi and has finished the foundation work.
Dr Sul ...More...
10-08-2008 -
Next year according to property agents in Dubai the commission charged by real state brokers for closing property contracts will soar more than double to five percent from leaping by half from two to three percent.
Brokers before charged purc ...More...
Brokers before charged purc ...More...
10-08-2008 -
First footbridge for Dubai Metro station users has been installed by the Roads and Transport Authority (RTA), which is close to Jebel Ali Industrial area on sheikh Zayed Road. Pedestrian bridges either elevated or underground will be made in each of 47 ...More...
10-08-2008 -
Live testing on Palm Monorail will be on October 2008 announced by Nakheel, one of the world biggest real estate developers in Dubai. It is the first monorail project build in the Middle East, the Palm Monorail in Palm Jumeirah. Nakheel has laid 100% of ...More...
07-08-2008 -
In Dubai Dheeraj and East Cost (DEC) real estate property developer started the ground breaking on Wednesday for its three 615 million dirhams projects plans located in the center of Culture Village.
Over an area of 60,981 square feet covers ...More...
Over an area of 60,981 square feet covers ...More...
07-08-2008 -
Dheeraj and East Cost (DEC) real estate property developer started the ground breaking on Wednesday for its three 615 million dirhams projects plans located in the center of Culture Village, Dubai.
Over an area of 60,981 square feet covers o ...More...
Over an area of 60,981 square feet covers o ...More...
07-08-2008 -
Revenues and net profit for 2008 will continue to increase in line with growth data recorded in 2007 expected by Tamweel, the biggest real estate finance supplier in the UAE. 387.3 million dirhams net income recorded by Tamweel in the first half of 2008 ...More...
07-08-2008 -
Dubai soon will be home of the towering buildings and the largest number of towers. Real Estate BOOM continues in the emirate’s, approximately 3,000 buildings comprising mid and high-rise are in different phase of development and construction in D ...More...
07-08-2008 -
08/08/08 sets to be a one in lifetime date for property investors and buyers to attend. Emaar Properties the largest real estate developer in the world, which based in Dubai, will hold a limited sale of 8 impressive projects from its varied portfolio. T ...More...
07-08-2008 -
33 billion US dollar to be use to develop considerable transport network, announced by Dubai World Central (DWC) to facilitate the residents move freely around the 140 kilometer square urban real estate development in Jebel Ali. Grand Central will be DW ...More...
07-08-2008 -
Dubai Wafi Mall considered being the most distinctive shopping malls in the world, Wafi Mall is recognize for its magnificent stylish ambiance as well as its varied of luxurious shop and restaurants. Theme and formed like an Egyptian pyramid, it has hie ...More...
07-08-2008 -
Research from US revealed that middle east overtaken the rest of the world to turn out to be the leading foreign property investor in North America this year..
A Multimillion dollar contracts like the Abu Dhabi Investment Council’s 90 p ...More...
A Multimillion dollar contracts like the Abu Dhabi Investment Council’s 90 p ...More...
07-08-2008 -
Aber Group reached 1.5 billion dirhams its present investment in the real estate sector as Dubai property developer, announced on Wednesday. Aber Group investment collection comprises freehold properties such as villas, commercial and residential towers ...More...
07-08-2008 -
Spectator of the property market in Dubai, observes that villas and apartments in near completion generate premiums of 70 to 200 percent per year higher than the 10 to 30% yearly payments for finished properties. Adham Roshdy, director of sales for resi ...More...
06-08-2008 -
For the first time since 2002 in the property market of Dubai, are put to down as a overflowing of new housing units touches the market, according to Morgan Stanley prediction. In 2009 a forecasted surplus supply could ignite price turndowns that will e ...More...
06-08-2008 -
Dubai Healthcare City-the Middle East most well known healthcare development is stripping near to its completion. Is the development in impolite health, or starting to display worrying symptoms? MT reports.
Whatever it takes, the buzz is buil ...More...
Whatever it takes, the buzz is buil ...More...
06-08-2008 -
150 million US dollars (552 million dirhams) investment plans for the region in the next twelve months by water infrastructures company Septech emirates, its CEO said yesterday. The development projects will comprise three attainments, David Heffernan t ...More...
06-08-2008 -
10.72 million dirhams developement projects awarded to Damac Properties-one of the famous, biggest private master developers and luxury lifestyle providers to facilitate works contract to international foundation group for its Lincoln Park project (plot ...More...
06-08-2008 -
667,000 square feet of land at Mina Rashid bought by Azizi Investments-Dubai based multinational property developer. Azzi confirmed today about the purchased, the project is the redevelopments of the old Port Rashid that is being designed by Nakheel.
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06-08-2008 -
UAE. As observed in the beginning of 2008, the slow down of residential rent increases in Dubai continued through the second quarter as well, according to property services company Asteco’s quarterly real estate report.
According to the ...More...
According to the ...More...
06-08-2008 -
With the launch of the latest term threatening, universities are struggling to recruit quality staff due to high rents in the country.
Top-flight academics have turned down job offers over concerns that much of their salary would be used up o ...More...
Top-flight academics have turned down job offers over concerns that much of their salary would be used up o ...More...
06-08-2008 -
Dubai’s Real Estate Regulator (RERA) inquried an clarification from Sokook-saudi developer until next Tuesday concerning the discontinuation of payments from the investors of Ivory Tower project, which will outcome to cancellation of deals.
< ...More...
< ...More...
06-08-2008 -
Dubai developer on Tuesday disclosed the possible extension for future Nakheel openings of Trump International Hotel Tower due to the limited chance on purchasers’ resale’s.
Investors at the recently-launched Trump International H ...More...
Investors at the recently-launched Trump International H ...More...
06-08-2008 -
A former director of disqualified UK real estate company presently managing a Dubai based company after his former firm goes down, he borrowed money for investment almost $1.9 million from company funds before it went into management, official show.
...More...
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06-08-2008 -
Abu Dhabi expect property price increase due to undersupplied market in 2010, on the other hand property prices in Dubai are likely to down 10% as supply outpaces demand, according to Morgan Stanley report on Tuesday.
"For 2009, we expect pri ...More...
"For 2009, we expect pri ...More...
05-08-2008 -
Dubailand hold the launching of Berlin City Centre, a 1.2 billion dirhams property development this Wednesday.
Berlin City Centre (BCC) is located in Majan famous as downtown of Dubailand. Member of the Premier Group Companies GRAM, the Germa ...More...
Berlin City Centre (BCC) is located in Majan famous as downtown of Dubailand. Member of the Premier Group Companies GRAM, the Germa ...More...
05-08-2008 -
Balducci, the famous food commercial center in New York will launch numerous stores in the country and throughout the Middle East as a new associate in retail of Nakheel.
Having a history in the Big Apple that dates back to its Greenwich Vill ...More...
Having a history in the Big Apple that dates back to its Greenwich Vill ...More...
05-08-2008 -
First company in the Middle East to supply energy solutions EMS, Energy Management Service, proclaimed today that it has qualified the ability as a Green Building sustainability (GBS) consultant for EHS, Dubai World arm in environmental health and Safet ...More...
05-08-2008 -
Dubai Real Estate Regulatory Authority will take move to those master developers and sub-developers in Dubai who failed to fulfill the contractual obligations..
"A developer who feels a project has been held up due to delays in the handover o ...More...
"A developer who feels a project has been held up due to delays in the handover o ...More...
05-08-2008 -
UAE Markets finish in red: The Dubai Financial Market cut down by 0.30 percent, ending the day, Monday at 5,394.01. First appearance from Takaful House did not help raise the indicators up as Tamweel, Dubai Financial Market (DFM) and Union Properties su ...More...
05-08-2008 -
Dubai suffered the continuing increase of turndown in residential rents throughout the second quarter in 2008 as an observation, according to Asteco’s quarterly real estate report, a property services company.
Report says, no vital res ...More...
Report says, no vital res ...More...
05-08-2008 -
“Invest in inflation, it’s the only thing going up” from Will Rogers known as the wisecracking cowboy. In first three months of 2008 Dubai freehold units price soared 42%, according to a report by Colliers International, a commercial p ...More...
05-08-2008 -
In Palm Jumeirah, Trump International Hotel Tower purchasers will wait a year before they can resell the purchased apartments on the secondary market, according to Nakheel officials. The conclusion is to limit buyers at the required after property is pa ...More...
05-08-2008 -
Quality products in strategic locations, patience in dealing investors, consider always the deal as a long term investment, and always go for a excellence developer are the things to consider in making a successful investment in the property market.
...More...
...More...
04-08-2008 -
A tale that tells, Arabian purchasers will shortly discover real estate good deals in London. "Last summer I met my old friend Leslie Kent, a stock broker of considerable experience and a shareholder-director in JM Finn Capital Markets in London, for ou ...More...
04-08-2008 -
10,000 villas on going construction by Dubai Arabtic Construction Company at the present and received a 1.6 million dirhams offer from Emaar, Bawadi joint venture to design and construct 1,473 villas as part of the Bawadi project in Dubailand developmen ...More...
04-08-2008 -
Arabtic Construction, one of the largest leaders in construction and real estate industry in UAE offered by Emaar-Bawadi Venture a 1.6 billion dirhams letter of acceptance to design and construct 1,437 villas part of Bawadi real estate development in Du ...More...
04-08-2008 -
70 percent of Kensington Crystal project value of 544 million US dollar in Dubai Maritime City has been sold out disclosed by Kensington Real Estate, Dubai based realty developer. The outstanding 30% of the developer's first UAE project will be sold ...More...
04-08-2008 -
Why investor relations (IR) is such a big deal for firms in the GCC region questioned by Oliver Schutzman and no one have a gloomy talk on what may seem a dry subject. He said, how the companies converse with their progressively varied base of sharehold ...More...
04-08-2008 -
Project schemes to open by Al Fara'a Properties watchfully monitored the fast increase of the value. Al Fara’a Properties is one of the leading subsidiary of the Al Fara’a Construction, Industrial and Property Group.
"Al Fara& ...More...
"Al Fara& ...More...
04-08-2008 -
Associations among Better Homes and RSA, leading insurance, present insurance at reasonable price to Dubai property tenants and homeowners similarly.
No need for tenants and homeowners to cover big amount of money for safety and security for ...More...
No need for tenants and homeowners to cover big amount of money for safety and security for ...More...
03-08-2008 -
Valuation deal agreement signed by two Giants Company, Hamptons International, the leading property services company and Al Hilal Bank, the Islamic banking institution entirely owned by the Abu Dhabi Investment council.
Stated in the contract ...More...
Stated in the contract ...More...
03-08-2008 -
Chris Dommett, CEO of John Charcoal Dubai said, a lot of issue affects the slow down the processing of mortgage applications in Dubai. Mortgage market complexity in UAE, absence of credit agency, and the lack of trained and qualified staff, they added.< ...More...
03-08-2008 -
DUBAI//Dubai Police are going all out to rip off motorists and drivers who won’t follow speed limits. Brigadier Mohammed Saif Al Zafin, Director of the General Department of Traffic said, 513 permanent radars and 30 mobile radars monitoring Dubai ...More...
03-08-2008 -
Bureaucrats are planning to take ownership or control of important historical, archaeological and heritage sites, by means of management orders if necessary, to protect the emirate’s heritage.
The Abu Dhabi Authority for Culture and Her ...More...
The Abu Dhabi Authority for Culture and Her ...More...
03-08-2008 -
Five new properties in Dubai, United Arab Emirate (UAE) to be administer by BridgeStreet Worldwide, a leading global provider of apartments services, proclaimed today after signing the ten year contract agreement with The First Group.
This ar ...More...
This ar ...More...
03-08-2008 -
The Rezidor Hotel Group (Rezidor), one of the best leading growing hotel companies in the world commences its first UAE luxury apartments in Dubai, and today has opened the way as its newest plans, the Radisson SAS Residence in Dubai Marina, the Brussel ...More...
31-07-2008 -
Dubai Mall, self-proclaimed biggest mall in the world and flagship retail realty of Emaar, opening date October 30, 2008 has finalized by Emaar Malls Group. Hundreds of vendors and enthusiastic access from the city’s major highway, Sheikh Zayed Ro ...More...
31-07-2008 -
Dh2, 602.7 net profit in the second quarter of 2008 announced by Aldar Properties, a leading real estate development firm in the UAE.
Ronald Stephen Barrott, Chief Executive of ALDAR said: "Outcomes for the first half of the year were in line ...More...
Ronald Stephen Barrott, Chief Executive of ALDAR said: "Outcomes for the first half of the year were in line ...More...
31-07-2008 -
Almost 1.4 billion dirhams worth of infrastructure projects in Ajman on going construction to take up with the fast progression different real estate developments have complete in the UAE emirate. Ajman's real estate market is the third largest foll ...More...
31-07-2008 -
In 2007 United Arab of Emirate (UAE) GDP represented by Oil income of 35% and the remaining 65% being constituted from non-oil sector including real estate, construction and financial services. UAE tale of success has been carefully shaped mainly by Dub ...More...
30-07-2008 -
235 apartments sold at Skycourts, a freehold residential project announced yesterday by Amlak Finance, an Islamic mortgage provider.
It covers 238,000 square feet development area comprises of one and two bedroom apartments. It is located nea ...More...
It covers 238,000 square feet development area comprises of one and two bedroom apartments. It is located nea ...More...
30-07-2008 -
ACW Holdings, one of the leading property developer in UAE, established just over four years in the market, experts in giving UAE real estate market with high-yield investment chances over the residential, retail, serviced apartment and commercial offic ...More...
30-07-2008 -
Property sales in Dubai expected to soar as many global investors getting away from the market hit by credit crunch crises, looking their way going to Gulf markets, expert said.
Dubai, which recorded the largest growth in real estate transpar ...More...
Dubai, which recorded the largest growth in real estate transpar ...More...
29-07-2008 -
Union Properties, a Dubai based real estate company exceeds in performance, according to the latest study rates of Al Mal Capital. Union Properties still in their high pick in the United Arab of Emirate (UAE) real estate sector, noted by Robert McKinnon ...More...
29-07-2008 -
The developer of Ivory Tower, a residential project, over delayed on its completion told along with other investors of the projects, Sokook Investment Group contracts will be cancelled or stops and 20% of the deals price reserved.
Investors w ...More...
Investors w ...More...
29-07-2008 -
Yesterday experts said, Dubai is expected to shift up the lucidity steps provided it brings in performance standards and argument resolution mechanisms.
It is expected to touch "Transparent Tier" (Tier Two) in 2010 from its present "Semi-Tran ...More...
It is expected to touch "Transparent Tier" (Tier Two) in 2010 from its present "Semi-Tran ...More...
28-07-2008 -
City Center Resorts, luxurious and comfortable, shows to be a favorites choice of rich tourist’s from the region, mostly for those travelers who choose to get away from the traffic problems and wish the ease of being minutes away from main attract ...More...
28-07-2008 -
Advert created yesterday on the internet that could make potential purchasers in little confusion about residency visa was part of the deal, “Luxury seaside apartments…10 minutes from Dubai International Airport…Dubai residence visa ...More...
28-07-2008 -
Emaar Properties, one of the largest real estate developers in Middle East, wrote down 165 million dirhams ($45 million) connected to its U.S. unit in the second quarter, Al Mal Capital said.
Gross profit contained a writedown linked to its & ...More...
Gross profit contained a writedown linked to its & ...More...
27-07-2008 -
Completion of Le Solarium, worth of 405 million dirhams, the first commercial project to be finished and located at Dubai Silicon Oasis announced by Global Investment FZE as their product development project in the country.
The development on ...More...
The development on ...More...
27-07-2008 -
Unified real estate database of Dubai Land Department is in the first steps of establishing for the whole country (UAE).
Information on real estate, properties and land also laws and legislations currency in force in all emirates is all in th ...More...
Information on real estate, properties and land also laws and legislations currency in force in all emirates is all in th ...More...
27-07-2008 -
Is it worth to invest in UAE property? Answer: I don't know. Uncertain answer is a huge gust to the reliability of portfolio planners.
Particularly when you think the figures of "mid-wealth" individuals who have (at least in paper terms) ...More...
Particularly when you think the figures of "mid-wealth" individuals who have (at least in paper terms) ...More...
24-07-2008 -
Dubai real estate market is strengthening a foundation by strong basics. Demand is surpassing supply and rental yields are high. In Dubai, 42% increased of the freehold property prices during the first three months of this year, according to Colliers In ...More...
24-07-2008 -
Dubai Government, property developer Limitless faces a rivalry in the midst of negotiations in purchasing the British developer Minerva, which worth of 1.9 billion dirhams (260 million pounds).
A spokesperson for Minerva said there had been " ...More...
A spokesperson for Minerva said there had been " ...More...
24-07-2008 -
According to Asteco Property Management, a property services consultancy firm in the UAE, 22% increased every year on residential rents in Dubai, however at a slower manner compared with the preceding figure. Properties along Shaikh Zayed Road continue ...More...
23-07-2008 -
Kuwait’s Global Investment House says home finance market of UAE expected to twice increase throughout the next four years to touch around 80 billion dirhams by 2012.
The market is at present worth between Dh35bn and 40bn, equal to five ...More...
The market is at present worth between Dh35bn and 40bn, equal to five ...More...
23-07-2008 -
Harry Kantaria, a Dubai based property developer said, that Dubai property market needs a long period of time, calming any doubts that the property market may be near to saturation.
Kantaria, chairman of Aspire Real Estate, who recently launc ...More...
Kantaria, chairman of Aspire Real Estate, who recently launc ...More...
23-07-2008 -
Dh1 billion La Hoya Bay in Al Marjan Island development announced before by Khoi Propeprties when the company was one of the early movers in the Ras Al Khaimah property development market. Khoi Properties in one of the real estate arm of the 2 billion U ...More...
20-07-2008 -
Untroubled days of the investor may be over, according to largest study ever conducted into British nationalities who purchase holiday homes abroad.
The research, by estate agent Savills and lettings firm www.Holiday-Rentals.com, shows there ...More...
The research, by estate agent Savills and lettings firm www.Holiday-Rentals.com, shows there ...More...
20-07-2008 -
Covering 811 hectares in the commercial business district of Jumeirah Village, state of the art commercial tower worth of 1 billion dirhams, ‘Burj Al Fara’a’ has been announced for it’s opening by Al Fara’a Properties, the ...More...
20-07-2008 -
Irresistible reply for Jumeirah Lake Towers properties observed by DAMAC Properties, the luxury lifestyle provider and Middle East’s biggest private sector master developer.
Situated in the heart of the city, Damac's two properties ...More...
Situated in the heart of the city, Damac's two properties ...More...
17-07-2008 -
According to industry analyst, year 2010 prices on property houses in Dubai is expected to set on moderate, as supply and demand start to hit a balance..
Robert McKinnon, managing director of Al Mal Capital Research, said: "Into next year we ...More...
Robert McKinnon, managing director of Al Mal Capital Research, said: "Into next year we ...More...
17-07-2008 -
Hydra Chief Executive says, construction of combined function residential and hotel tower in Reem Island is on the table of negotiations by Hydra Properties, a developer based in Abu Dhabi with New York based property behemoth Trump Organization..
...More...
...More...
17-07-2008 -
Vice President of Schon Properties Danial Schon speak to AME Info regarding the real estate market in Dubai, which sectors of investors should be looking into for the biggest proceeds and why he considers that prices along the city can only keep rising. ...More...
16-07-2008 -
When it comes to boiling real estate market in the Middle East well-known Dubai catch all the attention, however Abu Dhabi, the capital of the UAE, is approaching through to the face of the line and hoping to noticed. Its rising property market is start ...More...
16-07-2008 -
In an interview with Emirates business yesterday, president of Cubellis said, that the union of the two US based architectural firms Cubellis and A/R Environetics Group would blow the Cubellis operations in Dubai.
Cubellis, an architecture, i ...More...
Cubellis, an architecture, i ...More...
16-07-2008 -
Hydra Downtown Tower project speed its path on starting excavation and support work for the project, which is situated in Dubai Sheikh Zayed Road, said Hydra Properties today.
Commenting on the progress of the Hydra Downtown Tower project, Dr ...More...
Commenting on the progress of the Hydra Downtown Tower project, Dr ...More...
15-07-2008 -
Drake & Scull International (DSI) received an award from Aldar Properties of 125 million dirhams mechanical, electrical and plumbing (MEP) contract for two hotels to be constructed on Yas Island in the Abu Dhabi, UAE capital.
Yas Island R ...More...
Yas Island R ...More...
15-07-2008 -
Emaar, one of the largest developers informed residents about disturbing neighbors and ruining the image of its properties, introducing fines for individuals who go against its community policy.
With their secluded settings and perfectly mani ...More...
With their secluded settings and perfectly mani ...More...
15-07-2008 -
Many people moving to Dubai due to the shortage of property housing in Abu Dhabi, pressing prices up, mainly in growing developments near to the border that are currently low price since they are adjacent from the city, according to a recent report.
...More...
...More...
13-07-2008 -
Dubai Land Department will present its latest regulation this month, under this regulation all properties sold off plan in Dubai on both the primary and secondary markets will need to be registered. Since the introduction last year of the Real Estate Re ...More...
13-07-2008 -
Opening a series of new project plans worth of 10 billion dirhams in Dubai at the end of 2008 proclaimed by Al Fara’a Properties. This venture will be situated in Dubai Maritime city, Dubai Waterfront, Downtown Jebel Ali, and Al Reem Island in Abu ...More...
13-07-2008 -
Commence of Acquitainia, a 5.5 billion dirhams island development on The World archipelago announced today by Select Group, a leading private developer of luxury residential property in the country, endorsed by master developer, Nakheel.
Aqui ...More...
Aqui ...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 -
Jemeirah Beach Residence (JBR) investors, who purchased several of the 7,500 units, expect great seaside oceanic views but surprised to notice a car park coming up on the beach.
Almost 20% of the beach has been lately covered with asphalt to ...More...
Almost 20% of the beach has been lately covered with asphalt to ...More...
10-07-2008 -
Obviously oversupply of property will flow all over the face of Dubai if present projects are hand over on time, according to an international ratings firm.
There is also a risk of the emirate being unable to rouse demand in view of the vario ...More...
There is also a risk of the emirate being unable to rouse demand in view of the vario ...More...
09-07-2008 -
Yesterday, Hydra Twin Towers in Jumeirah Village in Dubai has been launched by Hydra Properties, a UAE based property developer.
The project will feature two towers with 32 levels each. One of the tower will be an exclusive residential tower ...More...
The project will feature two towers with 32 levels each. One of the tower will be an exclusive residential tower ...More...
09-07-2008 -
Developers and analysts said that the main purposed of the property court is to bring transparency with developers in Dubai, despite the fact that investors will be more disposed towards risk taking.
The feedbacks came after Emirates Business ...More...
The feedbacks came after Emirates Business ...More...
09-07-2008 -
Commercial properties in Waterfront and Al Furjan soon to rise as CBI Properties, real estate development arm of Dubai based Shami Group has plans to launch. Waterfront and Al Furjan is one of the major developments in Dubai. These major developments fe ...More...
08-07-2008 -
Top judge of Dubai Courts said to be more transparent in biddings in real estate sector in Dubai, a court that solely focus on dealing with the property related cases will be set up in September. Once this court takes shape, realty-related arguments wil ...More...
08-07-2008 -
DOHA • While countless purchasers of high end properties are seeking at soaring rental yields, an equal number of buyers are getting apartments and office space for the long term.
Peter Riddoch, CEO of DAMAC Properties, the Dubai-based ...More...
Peter Riddoch, CEO of DAMAC Properties, the Dubai-based ...More...
08-07-2008 -
In Harrods this summer, Dubai Properties latest development is exclusively available to purchase off plan proerties.
Dubai Properties and Harrods Estates have opened a new development which is exclusively available to purchase in the Knights ...More...
Dubai Properties and Harrods Estates have opened a new development which is exclusively available to purchase in the Knights ...More...
07-07-2008 -
Cluttons, property consultants believe that there is substantial “hope value” for the on going increase in property prices over the next few years. "We are seeing an increasing gap between the prices achieved by developers during the launch ...More...
07-07-2008 -
Dubai: Worth of Dh400 million Domain real estate tower in Dubai Silicon Oasis (DSO) revealed by Mada’in Properties. Chief Executive Officer, Aziz Al Awar of Mada’in real estate, said the development project was Mada’in’s entrance ...More...
07-07-2008 -
38.1 Million US dollar wins by LG Electronics for Smart City Contract
Giga Group to Deploy Digital Leader’s Smart Home Technology in its newest project
Goldcrest Properties, a division of Giga Group, give an award worth of US ...More...
Giga Group to Deploy Digital Leader’s Smart Home Technology in its newest project
Goldcrest Properties, a division of Giga Group, give an award worth of US ...More...
06-07-2008 -
CNBC Arabian Property Awards 2008 give high honors to Tameer Towers, Abu Dhabi’s flagship developement project. The following are the most honored awards received by Tameer’s, the Best Development, Best Property, Best Architecture and Best H ...More...
Gulf region increasingly attractive against global property trends, says expert real estate firm DTZ
06-07-2008 -
Today, DTZ recommended the Gulf property market as a strong proposal for investors seeking to escape a global drop in property investment dealings.
The recommendation go after the publication of DTZ’s annual Money into Property report, ...More...
The recommendation go after the publication of DTZ’s annual Money into Property report, ...More...
06-07-2008 -
Middle Eastern competitor rejects the handover offer of Minerva Company that puts troubled for Gulf state in Dubai to takeover this weekend.
Limitless, the property development arm of the multi-billion pound Dubai World group of companies, t ...More...
Limitless, the property development arm of the multi-billion pound Dubai World group of companies, t ...More...
03-07-2008 -
Joint Properties Ownership Law (Number 27 of 2007, the Dubai Strata Law) has been issued in Dubai last December 10, 2007. The law reflects the rights and obligations concerning to joint ownership of properties (also known as strata property). The law pe ...More...
03-07-2008 -
Warrant of arrest has been issued to Abid Al Boom, emirati businessman proprietor of Al Boom Management and development Properties by the Public Prosecution and take hold his properties and money.
"We issued the arrest warrant and the procedu ...More...
"We issued the arrest warrant and the procedu ...More...
03-07-2008 -
Dubai residential property units are inclining to down back to 2007 levels, following a 78 per cent rise in prices in the past year.
Substantial new supply is expected to come on to the market next year and in 2010, more than matching the pr ...More...
Substantial new supply is expected to come on to the market next year and in 2010, more than matching the pr ...More...
02-07-2008 -
Define Properties, a new opened property development company in UAE, assigned Harrington Middle East, the specialist international consulting group to help the company in restructuring the property development practice and increase its organizational pe ...More...
02-07-2008 -
It might help carry stability to real estate market in Dubai is the coming batch of property supply in 2009 and 2010, according to MAG Group Property Development, a Dubai based real estate developer. The fast growing of real estate market in Dubai and t ...More...
02-07-2008 -
Today, Durar (‘jewels’ in Arabic) Properties, a leading UAE based property development company, revealed its latest residential project in Dubai, during the festival occasion held at the stunning Mina A’ Salam last evening.
...More...
...More...
01-07-2008 -
4 billion dirhams ‘Sama Al Jadaf’ community development projects with a 135 plans development situated in al Jadaf area in Dubai has been sold out proclaimed by Bonyan International Investment Group, one of the leading real estate companies ...More...
01-07-2008 -
The InterContinental Hotels Group in partnership with Ishraq Gulf Real Estate has launched a mid-price hotel on Sheikh Zayed Road at Safa Park in Dubai.
Holiday Inn Express Dubai Safa Park is the second Express limited service property in the ...More...
Holiday Inn Express Dubai Safa Park is the second Express limited service property in the ...More...
01-07-2008 -
Monday, United Arab of Emirate stock index upturned turndowns with optimistic report of a small number of firms by Credit Suisse in the run up to the second quarter outcomes.
As the same time as the Dubai Financial Market General index gained ...More...
As the same time as the Dubai Financial Market General index gained ...More...
30-06-2008 -
First dynamic tower in Dubai seems to put dominating attractions, has been corroborated.
Architect David Fisher designed the 420 meters high Rotating Tower. The Tower holds hotel rooms, offices and residential space.
Since the stru ...More...
Architect David Fisher designed the 420 meters high Rotating Tower. The Tower holds hotel rooms, offices and residential space.
Since the stru ...More...
30-06-2008 -
Rikaz Properties, one of the leading KSA's real estate company ended last week an gaining of several lots of land in Dubai with a total investment of over Dhs350m.
Rikaz is planning to construct office and business towers with a contempor ...More...
Rikaz is planning to construct office and business towers with a contempor ...More...
30-06-2008 -
Business Bay project won the ‘Best Master Development’ category during the Arabian Property Awards 2008, announced by its developer, Dubai Properties, the master leading real estate developer and subsidiary of Dubai Properties Group.<> ...More...
29-06-2008 -
Emaar Properties revealed its new development project in Dubai at the Warsan Estate, a limited residential community on Al Awir road, as part of their growth property portfolio.
The masterplan of the project, currently being finalised, envisa ...More...
The masterplan of the project, currently being finalised, envisa ...More...
29-06-2008 -
3 days showcase in Dubai starting June 30 by EmaarMGF Land Ltd., a combined venture between Emaar Properties PJSC and MGF Developments, to show way of life residences all over its integrated master-planned communities in India. Created in 2005, this par ...More...
29-06-2008 -
Dubai World Africa has purchased major shares in three profitable 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 -
Dubai based real estate developer, Plus Properties will construct 125 million US dollar skyscraper project in Dubai named ‘Beirut Tower’.
The towers will be situated in the International Media Production Zone (IMPZ) in Dubai, the ...More...
The towers will be situated in the International Media Production Zone (IMPZ) in Dubai, the ...More...
26-06-2008 -
Dubai World Central (DWC), the biggest of all Dubai real estate, the 140 square km 33 billion US dollar urban land project will be previewed by Asia Pacific’s property investors, leading the path at the Asian International Investment Property Show ...More...
26-06-2008 -
Emaar, The Economic City (Emaar.E.C) won the 'Best Industrial Development' award award at the inaugural Arabian Property Middle East Awards 2008, while Emaar Properties PJSC has won the 'International Achievement'.
The Interna ...More...
The Interna ...More...
25-06-2008 -
When the plans of strengthening emirate’s property regulations and set of rules start to take function, real estate market in Dubai will face a big disturbance. One of these plans, the need for all agents to have a relevant qualification, has beco ...More...
25-06-2008 -
Before, there has been a lot of confusion concerning the issuance of residence visas connected to property proprietorship in Dubai. Many people are giving different versions, often opposing, of how this visa plan works, and this is overheating speculati ...More...
25-06-2008 -
Nakheel, the leading developer, Dubai’s palm island developer, is considering schemes to out build competitor Emaar Properties EMAR.DU with a near mile high tower, concealing the world’s tallest building, the Burj Dubai.
Nakheel i ...More...
Nakheel i ...More...
24-06-2008 -
Dubai's ETA Star Property Developers think over a fund worth of 400 million US dollars via Islamic bonds to enter Asian markets as varied as India and Laos. The real estate firm is planning to use its own funds to develop 120 million square feet of ...More...
24-06-2008 -
For those individuals in the mid-wealth and would like to be investors who don’t have enough money to invest in Dubai or in Abu Dhabi, seeking north might give you the chance.
According to industry insiders, the northern emirates &ndash ...More...
According to industry insiders, the northern emirates &ndash ...More...
24-06-2008 -
According to Marwan Bin Galita, chief executive of Dubai Real Estate Regulatory Agency (RERA) some developers made advertisements with promises for a lifetime residency if they purchase their properties that mislead or confuse the buyers.
"Th ...More...
"Th ...More...
23-06-2008 -
According to Greg Norman villas, Dubai's premier residential golf development learned it is to be recognized as one of the Best Developments in the Middle East, with an additional award for Best Interior Design for its luxurious Fireside.
...More...
...More...
23-06-2008 -
Donald J. Trump set aside a Residence at Palm Jumeirah Centerpiece
Two of the world's leading developers, Nakheel and the Trump Organization, are set to break property records in Dubai after getting bids for a private penthouse in Trump I ...More...
Two of the world's leading developers, Nakheel and the Trump Organization, are set to break property records in Dubai after getting bids for a private penthouse in Trump I ...More...
23-06-2008 -
UAE, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai, and Vice President and Prime Minister of the UAE, has revealed determined plans for the whole city to be built in the desert.
Reverent of the region's cultural herit ...More...
Reverent of the region's cultural herit ...More...
22-06-2008 -
Senior official said, that real estate in Ajman are expected to rapidly grow subsequent to the introduction of the latest property law in the emirate. The legislation is intended at strengthening self-assurance in the real estate market, Sheikh Majid bi ...More...
22-06-2008 -
Individuals who purchase off plan property from developers will better, safe and protected from deceptive marketing by developers if the Dubai Land Department (DLD) passes a new consumer protection law.
The proposed property law would also gi ...More...
The proposed property law would also gi ...More...
22-06-2008 -
Today, Dubai Property Group (DPG), Dubai’s real estate professional association, hosted Emaar Properties, one of the world’s largest real estate companies at its ‘Monthly Networking’ occasion. Mr. Arif Amiri, Senior Director, Inv ...More...
20-06-2008 -
Company official said, Nakheel, a development arm of Dubai World, is starting an "aggressive" sales time with ten more property openings planned for the year.
The developer is also putting into action new policies to make its sales system mor ...More...
The developer is also putting into action new policies to make its sales system mor ...More...
20-06-2008 -
Investors in Dubai’s growing real estate market can currently take lead of a increasing sales occurrence in the local property sector for an open sales. Over the past few months these have been rising in fame as long-anticipated projects begin to ...More...
19-06-2008 -
Dubai government owned property developer, Nakheel might tried to deep in into an unknowable part of Islamic finance after having challenged nature to make palm shaped islands off the country’s shore.
Nakheel needs to raise 1.36 billion ...More...
Nakheel needs to raise 1.36 billion ...More...
19-06-2008 -
In Dubai, The Escan Tower along Sheik Zayed Road worth of 2 billion dirhams freehold property has revealed by Escan Real Estate and ACI Real Estate. The 60 floors property project is a exclusive tower, strategically situated down the main road connectin ...More...
19-06-2008 -
Investors in Dubai’s growing real estate market can currently take lead of a increasing sales occurrence in the local property sector for an open sales. Over the past few months these have been rising in fame as long-anticipated projects begin to ...More...
18-06-2008 -
According to Colliers property prices in Dubai have raised over the previous year. Dubai has observed incredible expansion in the real estate sector over the previous year, with an increase in the number of foreign home purchasers and investors. Dubai h ...More...
18-06-2008 -
Today, Dubai Property Group (DPG), Dubai’s real estate professional association, hosted the ‘Monthly Networking’ occasion of Emaar Properties, one of the world’s largest real estate companies. Mr. Arif Amiri, Senior Director, Inv ...More...
17-06-2008 -
New environmental standards for property on sale to meet unveil by authorities in the United Arab of Emirates. The government expects this will alleviate the sustainability of the market for many years to come, according to ShelterOffshore.com.
...More...
...More...
17-06-2008 -
John Davis, Colliers’ Middle EAST CEO said during the opening of a new house price index in Dubai last Tuesday, “Dubai has observed incredible increase in the real estate sector over the previous year, with an increase in the number of forei ...More...
17-06-2008 -
British investors in Dubai property will be unsettled because of the reports that the United Kingdom (UK) Government has advised British nationals residing in or visiting the United Arab Emirates (UAE) that terrorist might be planning random attacks.
...More...
...More...
13-06-2008 -
Ajman, the smallest of the seven Emirate states, with its sandy white beaches, warms clear waters, five star hotels, international restaurants and a rapid growing property market. Ajman is presently magnetizing a lot of interest from confidence property ...More...
13-06-2008 -
More than 250 participants, international and local investors actively participate in intense bidding at invitation call during auction. Mazad, the auction house that operates under Salwan, a subsidiary of Dubai Properties Group, exceeded expectations b ...More...
13-06-2008 -
Indian Property Show (IPS), the world's largest Indian real estate and property exhibition, starts it’s opening today at Airport Expo in Dubai will showcase from June 12 until 14th, 2008 from 11:00 a.m. to 10:00 p.m. Displaying a stronger and ...More...
11-06-2008 -
In the next few weeks the Yacht club will be opened for business at Dubai Marina, boating enthusiasts are expected to flock at the place. The $1.2 billion artificial man made marina, considered as one of the largest in the world, has been developed by E ...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 -
Culu Culu Polo Lifestyle Resort, a lavishness resort in Lobos Argentina devoted to polo and equestrian sports to be administers or manage by Jumeirah Group, a member of Dubai holding as the chosen company. Jumeirah Group will manage the 5-star hotel pro ...More...
10-06-2008 -
The Creation of Rohtas Holdings Gulf, a completely owned subsidiary by Omaxe is to arrange the development in Gulf construction project. Rohtas Holdings through a special purpose vehicle (SPV) by the name of Golden Crescent RED and General Trading would ...More...
10-06-2008 -
Indian Property Show (IPS) is back, the largest Indian property show hosted by Dubai, one of the biggest Indian expatriate populations in the world, is projected to be attended by over 15,000 Indian investors who are in Dubai.
IPS will run fr ...More...
IPS will run fr ...More...
10-06-2008 -
According to one of the leading company in the U.A.E.'s real estate sector, the required for property in United Arab Emirates is expected to remain strong for the predictable future. Numerous new media articles have discoursed that the local propert ...More...
09-06-2008 -
According to a local market specialist, the demand for property for sale in Dubai continues as strong as ever. A few news from media have proposed the booming property sector in Dubai is position for a slowdown.
Gulf Times letters, market com ...More...
Gulf Times letters, market com ...More...
09-06-2008 -
Persian Gulf sheikdom property developers, well-known for its high-flying projects, are progressively more spinning to American and European celebrities to help sell the properties to well-off consumers.
The newest celebrity to lend his name ...More...
The newest celebrity to lend his name ...More...
08-06-2008 -
International FM specialists to emphasize promising tendency and key subjects at the opening Property and FM conference. The enormous opportunities that the fast-growing facilities management market presents in the Middle East were highlighted today, wh ...More...
08-06-2008 -
672 detainees, violators of UAE residency laws and 30 infiltrators in the first half of this year announced by Naturalization and Residency Department on Friday.
According to Colonel Sultan Yousuf Al Nuaimi, heads of the department, figures s ...More...
According to Colonel Sultan Yousuf Al Nuaimi, heads of the department, figures s ...More...
08-06-2008 -
Senior government official confirmed that the freehold property purchasers are completely permitted to residence visa, nullifying extensive misunderstanding among homebuyers in the UAE.
Officials at Dubai's Naturalisation and Residency De ...More...
Officials at Dubai's Naturalisation and Residency De ...More...
06-06-2008 -
Expert give their opinioned that overseas property investors could gather strong proceeds in Dubai.
Ahmed Jamal of Emerging Markets Property Advisors said, the emirate is one of the best investment markets in the world.
This was sa ...More...
Ahmed Jamal of Emerging Markets Property Advisors said, the emirate is one of the best investment markets in the world.
This was sa ...More...
06-06-2008 -
DUBAI World Africa will utilize piece of the 1 billion dollars allocated for African investments on major projects in SA, as well as development of a 30000 hectares area game set aside in Mpumalanga that the company intends to have listed as a World Her ...More...
05-06-2008 -
Real estate industry experts said, that investors who buy property for sale in Dubai could gather strong returns. The emirate is presently one of the greatest investment place in the world, according to emerging markets property advisors.
Ahm ...More...
Ahm ...More...
05-06-2008 -
According to real estate property experts, the price of property for sale in Dubai is ongoing to increase. Sandcastles-Property.com illustrated the increase of the housing market over the last few years as "extraordinary".
This means that ove ...More...
This means that ove ...More...
03-06-2008 -
Individuals who are planning of buying property for sale in Dubai have been suggested to go into the market hurriedly. According to AME Info, house prices in the emirate are increasing at their maximum rate in about four years.
The news provi ...More...
The news provi ...More...
03-06-2008 -
Soaring local increase and low US interest rates are contributing the market with negative real interest rates. That economic force is not away for summer. In this environment, for those who leave their property purchase until this autumn is likely to f ...More...
03-06-2008 -
Real estate development and investment arm of Dubai-based Zabeel Investments, Zabeel Properties has disclosed the particulars of a latest 5 star hotel and resort property in Dubai. Los Angeles-based architecture firm, has been assigned as the architects ...More...
02-06-2008 -
Reports from UAE daily Emirates Business 24/7 on Monday, latest statistics indicates, the price of a square foot in other parts of the Burj Dubai have now more than tripled from $1,089 a few months ago.
Its main rival in terms of price is the ...More...
Its main rival in terms of price is the ...More...
02-06-2008 -
Tamweel PJSC, the biggest supplier of real estate finance in the UAE, publicized today the establishment of Tamweel Properties & Investments LLC, a wholly owned subsidiary that will focus on real estate investment and also tender brokerage services. ...More...
02-06-2008 -
According to a property developer, foreign investors are significantly contributed Dubai’s real estate sector. MAG Group said, that individual from other countries account for about two thirds of its custom at the present.
Mohamed Nimer ...More...
Mohamed Nimer ...More...
30-05-2008 -
Dubai Shows Limited organized a new show called ‘The Worldwide Property Show’ at the Barhrain International Exhibition Centre on 24-27 of October 2007 as property Arabia is set to return for the event from highly successful show in May 2007. ...More...
30-05-2008 -
General Ahmad bin Hazim, Dubai Courts Director told UAE daily Emirates Business 24/7, that the property court will take a seat for the first time on Monday and is likely to speed up the instance between hearings from one month presently to just a week. ...More...
30-05-2008 -
The recognized overseas property investment specialists, Home Overseas has opened its property-purchasing guide for Dubai and the Middle East. To allow enhanced understanding, the guide is separated into a variety of sections and is accessible in an art ...More...
29-05-2008 -
Dubai based property and hospitality heavyweight Ruwaad Holdings top executives are in KwaZulu-Natal seeking at potential investment in a R15-billion tourism resort and property project for the North Coast.
According on Monday reports, long-e ...More...
According on Monday reports, long-e ...More...
29-05-2008 -
Senior official disclosed that a new court system to tackle with property cases would sit for the first time next Monday. Ahmad bin Hazim, Director General of Dubai Courts, told, that the property court will function under latest policy that vary from t ...More...
28-05-2008 -
As Dubai real estate sector fast-grows, so do related businesses. One sector presently benefited from good increase on the back of the property fury is high-end consumer electronics, mainly for top of the range entertainment systems and smart homes.
...More...
...More...
28-05-2008 -
Welcome to Dubai, the self-proclaimed leading golf destination of the world. Well, perhaps. Dubai, the self-proclaimed leading golf destination of the world. Well, perhaps. Traditionalists may still appeal to the Algarve in Portugal, the Spanish Costa d ...More...
28-05-2008 -
Attempt to set a new world record charged by Dubai Court on Wednesday, a British man went up to the world’s tallest tower under cover of darkness andparachuting off the 150th floor without permission.
At his initial hearing the 36-year- ...More...
At his initial hearing the 36-year- ...More...
27-05-2008 -
Dubai real estate sector is being driven mostly by overseas investment, with individuals and companies from other countries comprising 60% to 70% of the buyers of freehold properties. Two out of three of all the new freehold properties in the emirate ar ...More...
27-05-2008 -
New blog section was put into function in sandcastles-property.com website, the Dubai based property portal.
The initiative is purposed at providing an area for Dubai property investors and holiday home buyers to keep up-to-date on the very l ...More...
The initiative is purposed at providing an area for Dubai property investors and holiday home buyers to keep up-to-date on the very l ...More...
27-05-2008 -
EFG Hermes Holding SAE foreseen a 10% turn down in the figure of Britons purchasing Dubai property as the British housing fall grind down their purchasing power, Zawya Dow Jones reported, citing the bank's real-estate analyst Stefan Schurmann.
...More...
...More...
26-05-2008 -
Foreign corporates or individuals who live outside the country, according to one of Dubai’s leading property developers, buy two out of three of all fresh freehold properties in the United Arab Emirates.
MAG Group Property Development, ...More...
MAG Group Property Development, ...More...
26-05-2008 -
CEO of property portal Gowealthy.com, Peter Penhall, junked industry concerns that the index would let landlords to bypass the 5 per cent rent limit. Dubai's Real Estate Regulatory Agency (Rera) plans to set up an index setting a range of suitable r ...More...
26-05-2008 -
Experts say, the declining British housing market and the deteriorating pound hit Dubai’s real estate growth as British purchasers, one of the emirate’s largest groups of foreign investors, tighten their belts.
“I estimate a ...More...
“I estimate a ...More...
25-05-2008 -
Sultan Ahmed bin Sulayem chairman of Dubai World presented with Thai Prime Minister Samak Sundaravej, stating the interest of his business group to invest in Thailand’s property sector.
The sultan told Mr. Samak that the UAE prime minis ...More...
The sultan told Mr. Samak that the UAE prime minis ...More...
25-05-2008 -
Great Properties, UAE based real estate sales and marketing agency, has announced the culmination 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.
...More...
...More...
25-05-2008 -
Launching of Dubai Real Times new official monthly magazine announced by Real Estate Regulatory Agency (RERA) as a key initiative to plug a critical gap in the information series in the Dubai property sector.
Dubai Real Times will provide as ...More...
Dubai Real Times will provide as ...More...
23-05-2008 -
Today at the Worldwide Property Show, the Sharjah Jewel, the major development worth of 1.5 billion dirhmas ($408 million) will be open by JMS, a leading property developer UAE. The project will serve the very highest levels of luxury hotel accommodatio ...More...
23-05-2008 -
In the approaching fiscal budget, realtors and investors of the real estate sector are predicting a serious curb in property investment on the reports of improvement in Capital Value Tax (CVT). With the reports overheating up on the imposition of Capita ...More...
23-05-2008 -
According to Sultan Ahmed Bin Sulayem, chairman of Dubai World, the company is eager in investing in Thailand property sector due to its enormous increase potential. ''In Thailand we have a well diversified portfolio and are already in the proce ...More...
22-05-2008 -
Yesterday, Al Duaa Holdings and A&A Investment, both property development and real estate company, opened its residential project worth of 240 million dirhams The residences in Jumeirah Village. The project is a 10 floor building that covers 277,929 ...More...
22-05-2008 -
The primary specialized academic real estate institution in the region the Dubai Real Estate Institute (DREI) publicized it will provide an executive programme on Real Estate ecology and Green Property Development from 8-10 June.
br/>The program ...More...
br/>The program ...More...
22-05-2008 -
According to conservative industry estimates, the growth in the industrial, commercial, residential and public lighting sections have increased the comprehensive demand for lighting fixtures that is currently put to surpass AED 345 billion by 2010.
...More...
...More...
21-05-2008 -
Do you favor the colorful showiness of Versace or the attractively reserved grays and beiges of Armani? From next year this will be a quandary opposite not just well heeled shoppers but also those wishing to book a luxury hotel room or buy a luxurious a ...More...
21-05-2008 -
Omaxe a realty firm plans to venture its Rs 600 crore as an investment into Dubai property market and is aiming to build up ten to twelve projects over the next three years.
Omaxe, the Delhi based company has recognized some projects in Dubai ...More...
Omaxe, the Delhi based company has recognized some projects in Dubai ...More...
21-05-2008 -
June 8-10, the Dubai Real Estate Institute, the primary specialized academic real-estate institution in the Gulf region, has publicized it will open an executive programme on Real Estate Ecology and Green Property Development.
The programme w ...More...
The programme w ...More...
15-05-2008 -
Dubai real estate market is fast growing. Huge building property projects rub the sky. Sales and rental prices emerge floating as investments run in from other oil-rich Persian Gulf states, the former Soviet Union, India and Iran.
However, a ...More...
However, a ...More...
15-05-2008 -
DAMAC Properties, the Dubai based luxury real estate developer has selected local agents in Gujarat to take-control the investment opportunities in the region. Around 60 agents all over India generally in cities has signed up.
These comprise ...More...
These comprise ...More...
15-05-2008 -
The Cityscape occasion fetch’s together regional and international investors, architects and designers; property developers, governmental authorities and senior executives concerned in the design and construction of public and private development ...More...
12-05-2008 -
1 bedroom apartments for 59,000 pound and studio apartments for 42,000 pound for sale at International City in Dubai presently announced by UK’s leading overseas property investment company, Principal International.
This positive announ ...More...
This positive announ ...More...
12-05-2008 -
It has been suggested that the property owners of buy to let housing in Dubai could be place to experience a rush in demand over the next few years.
About seven million people booked temporary lodgings in the region last year.The organisation ...More...
About seven million people booked temporary lodgings in the region last year.The organisation ...More...
12-05-2008 -
Astounding success luring property investment cost Rs.250 crores from NRI investors in Dubai, subsequent to 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. ...More...
08-05-2008 -
A series of property expo starting May 8-17 at the three different locations in the Middle East the Kerala Builders Forum will organize the ‘Kerala Property Expo.’ The expo will be held in Doha from May 8 to 10 at Regency Hall, in Kuwait fro ...More...
08-05-2008 -
The region has benefited from a reputation over the past decade as something of a foreign attraction, coming in throngs with their sights put on creating money, tax-free and plenty of it. The swing towards a increasing demand for foreign accommodation m ...More...
08-05-2008 -
Largest entertainment and leisure Infrastructure Company with a sequence of family clubs, Country Club India (CCIL), has announced the attainment of an existing boutique luxury property in the Emirate of Dubai for 165 million AED (Rs. 175 crore).
< ...More...
< ...More...
08-05-2008 -
Offshore investors have been to think purchasing property for sale in the United Arab Emirates (UAE). The results of the credit crunch on many countries have led to some local investors limiting their activities to the domestic market, according to Shel ...More...
08-05-2008 -
According to a leading property developer, with more new properties coming on to the real estate market, rental prices in other locations of Dubai are soaring out yet experiencing a fall.
Andrew Chambers, Managing Director of Asteco, said tha ...More...
Andrew Chambers, Managing Director of Asteco, said tha ...More...
07-05-2008 -
Dubai property developer, Deyaar at the core of an investigation into alleged misappropriation, said it had decided to slump plans to expand 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 attention 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 -
Atlantis, one of the Middle East’s mainly impressive latest resort hotels in Dubai Palm Jumeirah, will need a 130 strong team to uphold its facilities at an annual cost of 11 million dirhams when it launch later this year.
Having secure ...More...
Having secure ...More...
06-05-2008 -
Sheikh Mohammed bin Rashid Al Maktoum, UAE Prime Minister opened the new eco town worth of 55 billion dollars to be constructed in the heart of Dubai. The project aspires at preserving the environment and mounting greenery in Dubai.
The lates ...More...
The lates ...More...
06-05-2008 -
Nakheel PJSC, the developer building islands off Dubai's shore, received bids for 17% more than the $980 million of Islamic bonds it sold this month as investors venture on growth in the emirate's property market.
State-owned Nakheel ...More...
State-owned Nakheel ...More...
06-05-2008 -
The global leader, RCI in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE: WYN), has announced its contract to associate with Aerated Concrete Industries Co. (ACICO) to partner the company's recently proposed Nassima Tow ...More...
06-05-2008 -
‘Purchase land, they aren’t making it any more’ is a statement attributed to Mark Twain, who, in an Orwellian moment, must have had visions of the Dubai property scene over 100 years from now.
There’s not much proof th ...More...
There’s not much proof th ...More...
05-05-2008 -
Talking at the usual monthly meeting of the Dubai Property Group (DPG), Bin Ghulaita announced that the figure of projects registered with RERA amounted to 1,560 projects, 476 of them have trust account. He noted that by the end of April, RERA had regis ...More...
05-05-2008 -
Dubai World Trade Centre (DWTC) today announced a major milestone for the Middle East’s hotel industry, unveiling Amanresorts and GHM as operators of a prestigious signature destination that will anchor the hospitality offering within the ...More...
05-05-2008 -
Twin Towers to be Tallest Structures in World’s First Integrated Sports City; Commercial Destination will Attract Major Corporate Tenants. Dubai Sports City today launched The Gateway, the iconic twin towers at the entrance to the world&rs ...More...
05-05-2008 -
Today, Mr Mohamed Ali Alabbar, Chairman of Emaar Properties received an award presented by HH Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman & CEO of Emirates Group, of Leadership, instituted by the Arabian Hospita ...More...
04-05-2008 -
Lately, 170 real estate developers hosted by the Dubai Multi Commodities Centre Authority (DMCCA) for in detail information meeting, intended at growing understanding and impact of the newly introduced Law on Ownership of jointly owned properties, usual ...More...
04-05-2008 -
James Wilson, Dubai World Africa CEO point out during the Conference at Arabian Hotel Investment that it is one of Dubai World Africa’s plans to obtain high end assets in prospect locations across Africa.
Dubai World's recognition o ...More...
Dubai World's recognition o ...More...
04-05-2008 -
Individual who buy property for sale in Dubai seek set to harvest a number of profits, a media outlet has said. The region looks put to see important growth during the next few years and decades.
The publication portrayed Dubai as "a city for ...More...
The publication portrayed Dubai as "a city for ...More...
04-05-2008 -
US Federal Reserve, last week slice interest rates to 2 per cent, an move quickly followed by the UAE Central Bank, as the currencies remain hooked.
However dropping interest rates have already set Dubai house prices in an upward spin this sp ...More...
However dropping interest rates have already set Dubai house prices in an upward spin this sp ...More...
02-05-2008 -
Dubai Holding Commercial Operations Group LLC, a company fully owned by Dubai ruler Sheikh Mohammed bin Rashid al Maktoum, said whole year profit rose 82% on rolling land and property sales.
Net income advanced to 13.9 billion dirhams ($3.78 ...More...
Net income advanced to 13.9 billion dirhams ($3.78 ...More...
02-05-2008 -
The Strata Law, which has recently been expanded to all of Dubai , will force facilities management firms to improve their performance and boost the sector as a whole. Experts believe the move will transform the industry and lead to higher quality and b ...More...
02-05-2008 -
Luxury Hotel to be constructed at Downtown Burj Dubai at a height that will make it the second highest building tower in the development by Emaar Hospitality Group, a division of Emaar Properties.
The hotel is one of three properties being bu ...More...
The hotel is one of three properties being bu ...More...
02-05-2008 -
Dubai Investments Company, which has a businesses range from glass making to pharmaceuticals, publicized its largest revenue in the first quarter on increases in the fair value of its investment property and real estate sales.
Net income in t ...More...
Net income in t ...More...
02-05-2008 -
Worth of 350 billion dirhams increased its portfolio considerably over the last few years by Dubai Properties, the real estate development arm of Dubai Holding.
Top official of the company said yet, its increasing desire for more will double ...More...
Top official of the company said yet, its increasing desire for more will double ...More...
01-05-2008 -
Bonyan International Investments Group has broadcasted that it will be sponsoring 10 aviation technology students from the Dubai Men’s College (DMC) to visit Deutsche Lufthansa, the famous European aircraft manufacturer, in its major center in Ham ...More...
01-05-2008 -
The India’s largest property Web Portal, IndiaProperty.com is setting a property show to Dubai. This coming May 2-3 at the ballroom of the Crown Plaza Hotel on Shaikh Zayed Road, the showcase will feature leading property developers from Bangalore ...More...
01-05-2008 -
Two office blocks purchased by American International Group last week at the Emaar Business Park, near and opposite the Dubai Internet City. It is the first largest investment by a US financial institution in Dubai property. Strutt & Parker, the UK& ...More...
01-05-2008 -
The exhibition or show gathers the ideal marketing ensemble of offline and online branding. The India property Show 2008 is a variety property show to be held in the core of the city at Crowne Plaza, Sheik Zayed Road.
The show will provide th ...More...
The show will provide th ...More...
30-04-2008 -
According to analyst, the take into custody of Deyaar Development’s former executive in the middle of accusations of financial unlawful activity may force authorities to constrict or tighten up on regulating Dubai’s fast growing 300 billion ...More...
30-04-2008 -
Dubai’s skyscrapers property buildings taken attention from a public-private delegation of Lyon, wihtout delaying it to encourage real estate developers here to invest in that third-largest French City in the east central part of France.
...More...
...More...
30-04-2008 -
Gulf’s 3rd biggest bank that act in accordance with Islamic law, Dubai Islamic Bank DISB.DU, said 31% profit increased for its first quarter after providing more, especially to the United Arab emirate’s fast-growing realty sector.
...More...
...More...
30-04-2008 -
Strutt & Parker, the International property consultant, have proclaimed their plans to launch in Dubai. The company will be hoping to make profit from on a growing in interest from its main institutional clients who have observed the development of ...More...
30-04-2008 -
Effects are boiling up in Dubai’s property market as the world’s first idea built sports city is quickly coming together. According to Homesgofast.com, property in and around the development is putting on the market like hotcakes, with deman ...More...
28-04-2008 -
According to current market research, investors from Asia have ventured more or less 9 billion dirhams in real estate investments into the UAE from March 2007 to the early months of 2008. Determined by the massive potential of marketing its developments ...More...
28-04-2008 -
Two office blocks purchased by American International Group last week at the Emaar Busyness Park, near and opposite the Dubai Internet City. It is the first largest investment by a US financial institution in Dubai property. Strutt & Parker, the UK& ...More...
25-04-2008 -
Scandals and speculation of cheats, fraud, and misappropriation are striking the real estate in Dubai. The multi-billion dollar structure fad, which has fascinated investors from all over the world, has apparently brought in unpleasant types who have be ...More...
25-04-2008 -
Property market in Dubai could possibly experience saturate problems with the coming numbers of developments soon to be completed. Dubai's property market could be in risk of "overheating" due to the huge number of new residential projects, accordin ...More...
24-04-2008 -
Kempinski Hotels new assignment announced by Dubai World Africa, to manage a luxury beach resort in the island nation of Comoros, in the eastern cost of Africa.
The Dubai state-owned company, which has interests ranging from real estate to po ...More...
The Dubai state-owned company, which has interests ranging from real estate to po ...More...
24-04-2008 -
Golden tulip Hotels Company revealed its latest 4 star hotel Dubai property launch at a cutting of ribbon ceremony last week. Located at Al Barsha, three blocks away from Mall of the Emirates and Ski Dubai, brags 125 rooms and suites, a banquet hall whi ...More...
24-04-2008 -
Price increase in Dubai property market may start to drop in 2010 as new 150,000 residential housing units ongoing construction are completed, approaching property investors to neighboring Abu Dhabi.
According to report, in Abu Dhabi the lack ...More...
According to report, in Abu Dhabi the lack ...More...
24-04-2008 -
Research says that the rapid-growing real estate market in Gulf regions could be harshly struck by a shortage of qualified property development and management experts.
The catastrophe appears at a time when the region is experiencing supreme ...More...
The catastrophe appears at a time when the region is experiencing supreme ...More...
24-04-2008 -
The outcomes of a new study on the Dubai real estate sector have tinted the main areas of concern for those purchasing property in Dubai as safety and faith, and construction delays. The research, conducted on behalf of Better Homes as part of client re ...More...
31-03-2008 -
Fresh and new luxury resort development, sold to investors five years ago, will never be constructed.
Damac Properties, the largest private developer in Dubai, has stopped the Palm Springs ...More...
Damac Properties, the largest private developer in Dubai, has stopped the Palm Springs ...More...
28-03-2008 -
According to Principal International, one of the UK’s largest overseas property investment companies, that the property market in Dubai presently remains on growing. Director of Principal International, Si ...More...
28-03-2008 -
The existing catastrophe in the real estate and residential housing market has encouraged a "buyers market" leading investment aware clients to take a closer look at international property as a financial investm ...More...
28-03-2008 -
All over Dubai there are a lot of people desiring to purchase property who don’t for all time know what is included. I am frequently asked for opinion on this and on each event, I try to provide the buy ...More...
28-03-2008 -
For jointly owned property, developer to stay accountable for ten years from the date of completion.
20-01-2008 -
Abu Dhabi, the first of the emirates, with their Abu Dhabi International Airport has posted a record, registering year 2007, with passenger traffi ...More...
20-01-2008 -
One of the master realty developer and creator of the three (3) Palm Islands and The World, Nakheel, has redecorate Dubai Property Industry by uncovering its fifth (50 offshore project, "T ...More...
20-01-2008 -
Ian Russell, a Scottish entrepreneur and a property tycoon is expecting returns of around 30% in his emirates fund. Kristy Dorsey writes, the property flourish that energize the extraordinary expansion of Dubai and proven runaway success.
For ...More...
20-01-2008 -
George Gillett and Tom Hicks, American and owners of Liverpool block off the renewed rumor about the threshold selling of the hub.
18-01-2008 -
Emaar's Standpoint Residences finally uncover on Burj Dubai Boulevard at Downtown Burj Dubai. The first of two (2) towers, with the launch of tower one, Emaar Prope ...More...
18-01-2008 -
Base from the 2007 record of annual net profits of AED6.575 billion (US$1.790 billion), Emaar Properties PJSC concentrates on business segmentatio ...More...
18-01-2008 -
Through the partnership of Emaar Properties (EMAR.DU) and Japan's Sega Sammy Holdings, Inc., established to build up indoor theme parks worth $4 billion as part of the Gulf Company tha ...More...
18-01-2008 -
American co-owners of Liverpool, George Gillett and Tom Hicks, denied the allegation. Friday reports were released, that they are preparing to sell all or part of the club to Dubai International Capital (DIC) ...More...
15-01-2008 -
ABU DHABI — Rental increases in Executive Council of Abu Dhabi, has released the rental cap rate for 2008 of 5% as it is restricted for the rest of the calendar year.
15-01-2008 -
Recently, Grosvenor House, Dubi, was recognized as the World's Leading Hotel Serviced Apartments at the 14th Annual 2007 World Travel Awards held in the Caribbean. The World Travel Awards set eyes on 60 trophies were given out as a recognition to ...More...
15-01-2008 -
It was a tight security, the roads were on high alert with no traffic and no pedestrians.
On Monday morning, following the ceremonial vi ...More...
12-01-2008 -
Khaleej Times purportedly that during 2007, as stated by The President of the Dubai Civil Aviation Authority (DCAA), Dubai International Airport accommodated a total of 34.34 million travelers or with an increase of 19.31%.
In addition to ...More...
In addition to ...More...
10-01-2008 -
As Waitrose launches in Dubai, merchants across the country has not been successful to ring in the New Year or had a great deal as well, by the reason of economic slowdown consumers tightened their purse stri ...More...
10-01-2008 -
One of the world's largest property developers, Nakheel, have place the final stone on the breakwater for The World Islands in Dubai. ArabianBusiness.com is the one who could reveal in ...More...
09-01-2008 -
According from Dubai International , the aviation and cargo centre of the Middle East and the world's rising hub was the world's fastest g ...More...
09-01-2008 -
Wednesday, MGM Mirage (NYSE:MGM) stated that it would mutually make a cash offer with Dubai. A share of 10 million with Dubai World.
Shares will be sold at a price between $75 a share and $80, whic ...More...
Shares will be sold at a price between $75 a share and $80, whic ...More...
09-01-2008 -
South Korean construction company, Sungwon Corporation, Friday, has signed a US$106 million contract to build a residential tower in Dubai.
With the filing of authoritarian, Sungwon in a said country, each unit is on contract to be settled ...More...
With the filing of authoritarian, Sungwon in a said country, each unit is on contract to be settled ...More...
09-01-2008 -
Home to world's 1st fashion island, Dubai Infinity Holdings (DIH) announced Isla Moda. It is a mixed-use development set in the symbolic devel ...More...
07-01-2008 -
DP World (DPW) in Dubai is on vie to tap the cargo traffic in Southern Africa. DI stated on Monday that Mozambique Company, who manages the port o ...More...
07-01-2008 -
The Queen Elizabeth 2, one of the world's most famous cruise ships, set sail Sunday on its final global voyage, before being transformed into a floating 5-star hotel in ...More...
07-01-2008 -
Local newspaper the Gulf News reported on Monday, Dubai-based Emirates Airline will no longer renew a 10-year contract to manage Sri Lankan Airlines which expires on March 31.
Emirates will hand ov ...More...
Emirates will hand ov ...More...
07-01-2008 -
United Arab Emirates - haven for the estimated 14,000 Australians living and looking for hot property, employment opportunities offshore.
07-01-2008 -
"One world, One family, One Festival", the popular logo of DSF 2008 and its calendar of events that will take place on the 24th January to 24th Fe ...More...
07-01-2008 -
A senior official stated, the Metro is being built to serve residents and visitors within Dubai, and not for the purpose of easing traffic congestion in neighboring emirates.
07-01-2008 -
Al Mazaya Holding, the leading regional property developer emphasized the important role played by property portfolios in driving the continuing real estate prosper in the region, particularly those of the GCC c ...More...
07-01-2008 -
"Can't possibly ever happen", stated by the son of US property tycoon Donald Trump. He questioned the financial capability of Dubai's ambitious real estate developments.
In an Arabian Property ...More...
In an Arabian Property ...More...
07-01-2008 -
In solving Dubai rental woes, a new property index/guide will be rolled out across Dubai. A proposal to make the rental market more clear and in order to stop the crooked doings of landlord by charging too much the probability of a not good enough prope ...More...
04-01-2008 -
Regard as one of the least developed townships of the country - Manamah in Ajman, is finally set for a facelift which will bring job opportunities and improved living conditions to a popu ...More...
04-01-2008 -
Last week's announcement of the plans to build an International Airport in the emirate, the prices of the property in Ajman have been in silent by 30%. And it is said that the developers could soon increase the cost of homes in some projects by a fu ...More...
04-01-2008 -
LYON, France (AFP). Abu Dhabi pact for its own Louvre museum. Plans to build its version of Lyon. Dubai, according to Lyon official is also going into French touch that would be completed with cafes, cinemas and schoolds.
Scheduled to be comp ...More...
04-01-2008 -
Industries Qatar expound yesterday that they are setting up a QAR1 billion ($274.8 million) property firm with partners by allowing it to tap growth in the country's real estate market.
A mu ...More...
04-01-2008 -
Deadline is all set by the Dubai Land Departments in the middle of 2008. Property who fail to meet the registration deadline will have to pay 3times more for registration.
The r ...More...
04-01-2008 -
An annual edition, the 2008 Dubai Property Report has been established with the cooperation of the highly respected IFA Hotel & Resorts. The only wide-ranging and independent report on the flourishing proper ...More...
04-01-2008 -
The Dubai Investment Company, is UAE's diverse wealthy corporation by market value. It is said by the Chief Executive that anticipates last year& ...More...
04-01-2008 -
A leading Property Developer in the UEA, ETA Star, publicized the opening of StarMetro Deira. A luxury hotel apartments located at Salahuddin Road. StarMetro Deira, a project of the hospitality division of ET ...More...
02-01-2008 -
A built-in real estate development company and a business unit of Dubai World, the Limitless, started construction work on their Dhs40.4 billion worth of Arabian Canal last week of December 2007. It is perhaps t ...More...
02-01-2008 -
A study of the nascent UAE mortgage market has just been publicized by EFG Hermes, whereas points to a ten-fold growth from $4.4bn at the present day to $44bn by 2012. The scheme for the growth of the real estat ...More...
27-12-2007 -
Citibank NA, a member of Citi, signed in a Real Estate Development Guarantee Account Agreement with Dubai Land Department (DLD). Henceforth, an approved bank for opening and m ...More...
27-12-2007 -
JB Group, a globally diverse company with Indian roots. Announced in the present day a developing 60-storey skyscraper, the JB Tower in Downtown Burj Dubai..
27-12-2007 -
A Senior Executive of the property developer - Omniyat, aims to invest more than Dh1.5bn on the development of residential and commercial properties at the Waterfront, The Lagoons and Business Bay. ...More...
25-12-2007 -
Dubai will be slicked by a new, currently being drawn up by its swift developing mortgage sector. The government will be taking the place of the centralized order dated from 1985, which i ...More...
20-12-2007 -
Dubai's property prices look set to rise between 5% and 10% on the coming year that's according to a new report. It is said that, delays in housing projects means controlled demand will remain unfinished. The prices will peak in the 2nd half of ...More...
17-12-2007 -
One of the most creative Property Developer in the UAE, Omniyat Properties signed a private agreement with distinguished international hotel group, the Movenpick Hotels & Resorts. In taking charge of the "The Square" known for its Serviced Apartment ...More...
17-12-2007 -
Through the innovative new directory site of the Sandcastles. Property in the market of UAE and Dubai has been changed forever by launching it.Sandcastles lists sale and rental properties in the UAE With the special attention particularly to the success ...More...
14-12-2007 -
Brussels-based company, Rezidor Hotel Group which cater hospitality. With the opening of Radisson SAS Residence in Dubai Marina, is launching its first luxury apartments in the UAE 1st quarter of 2008. It is owned by a Kuwa ...More...
14-12-2007 -
- Bavaria Gulf launches Phase I of Sandoval Apartments
- Phase I consist of 165 mid-range apartments that boast ...More...
14-12-2007 -
A leading German Real Estate Developer, Bavaria Gulf, has commenced the Sandoval Apartments at Jumeirah Village. As publicized, it turned out to be one of Dubai's 1st mid-segment realty developer to sign a home loan agr ...More...
14-12-2007 -
An Indian-based, Sobha Group, a recognized leader in the Real Estate Development, is making their way speedily on to progress with its first 2 Commercial projects in Dubai. Sobha Ivory I and Iv ...More...
14-12-2007 -
Dubai: On Thursday, eluding the government order. Dubai's top property regulator advise to seek out security of the Rents Committee against possible defiance of the 7% rent limit. As by seeing that a few lan ...More...
13-12-2007 -
13th December 2007, Wednesday. One of Dubai's fastest growing property development companies The Indigo Group. Confirmed that registration has completed, majority of its projects with the Real Estate Regulatory Agency (RERA)
And by doing so, ...More...
12-12-2007 -
11 December 2007 = A new luxury resort have been revealed Dubai in the ...More...
12-12-2007 -
12th December, Wednesday. Limitless, Dubai property and a government-owned company, is preparing to launch an organization worth $1.2 billion. A two (2)-year Islamic loan via authorized direct coordinator the ...More...
12-12-2007 -
Wednesday 5th December 2007. Dubai's ... ...More...
12-12-2007 -
Properties like DAMAC will be launching for the first time in Sri Lanka, making their outstanding properties available to the Sri Lankan's market.
23-10-2007 -
27 September 2007
In UAE, House of Patels. Is considered as one of India’s leading business multinational, a part-owner of Wall Street Exchange has launched the group's real estate arm Wall Street Property in Dubai.
In UAE, House of Patels. Is considered as one of India’s leading business multinational, a part-owner of Wall Street Exchange has launched the group's real estate arm Wall Street Property in Dubai.
The company& ...More...
23-10-2007 -
October 06, 2007, 00:42
Dubai for several years according to analysts will blast as they have been anticipating it in Dubai's market. Emirate's Central geographical location considered to be the main ingredients for those people who wants t ...More...
Dubai for several years according to analysts will blast as they have been anticipating it in Dubai's market. Emirate's Central geographical location considered to be the main ingredients for those people who wants t ...More...
23-10-2007 -
October 02 – 2007
The biggest local property show in Dubai - The Resale & Rental Property Show. Closed with an important revelation for the real estate industry - the era of private landlord, mostly expats has reached finally here.
< ...More...
The biggest local property show in Dubai - The Resale & Rental Property Show. Closed with an important revelation for the real estate industry - the era of private landlord, mostly expats has reached finally here.
< ...More...
23-10-2007 -
Tuesday, 11 September 2007
CEO Mehdi Amjad of Omniyat Holdings has released current rumor about the full up of Dubai Real Estate ‘bubble'.
"There is no bubble and I don't believe markets will see a sharp bust. We ...More...
23-10-2007 -
DUBAI: The property developer Nakheel Group will create as many as 200,000 new residential units in Dubai over the next decade. Anticipates tough demand on property in the thriving city to carry on, a top company official said.
"The market cou ...More...
23-10-2007 -
01 October 2007
UAE. Once again Dubai made its presence felt at the leading international autumn trade fair for tourism in Russia and CIS held in Moscow ...More...
09-10-2007 -
Barclays Buying Abroad has commenced a new property service designed to assist buyers looking for property in Dubai.
The second largest emirate presently issues 800 work and residency visas a day, and received 5.4 million visitors in 2004 &nda ...More...
09-10-2007 -
<p>Rents for Burj Khalifa units to outdo other established highrises
The lease rates for units at Burj Khalifa, the world's tallest tower, are yet to be established, although analysts believe that the rental rates for commercial spaces ...More...
The lease rates for units at Burj Khalifa, the world's tallest tower, are yet to be established, although analysts believe that the rental rates for commercial spaces ...More...