Property prices in Dubai reports decline of 41% for Q1 of 2009: Colliers International

Tuesday, April 28th, 2009 Posted in Dubai Real Estate | No Comments »

Colliers International, the global real estate consultancy, has released the Dubai House Price Index (HPI) for Q1 2009, which indicates a decline in the overall index of 41% for ... Read more..

Another $10bn bond planned by Dubai to brighten real estate prospects further

Wednesday, April 22nd, 2009 Posted in Dubai Real Estate News | No Comments »

In keeping with Dubai's efforts to shore up real estate sector, another $10 billion (Dh36.73 billion) is being raised by selling bonds this year to tide over the present crunch. Read more..

Rentals in Dubai on the retreat

Thursday, April 2nd, 2009 Posted in Dubai Real Estate News, People & Places, Property Advice | No Comments »

Dubai's Real Estate Regulatory Authority (Rera) officials said that the new rental index to be released shortly shows an average price drop in rents of 10 to 15 per ... Read more..

Property owners have started to enter their homes in Victory Heights, Dubai Sports City

Thursday, March 26th, 2009 Posted in Dubai Real Estate News | 1 Comment »

Since the homeowners' event in late January 2009 handing over the first villas to property owners of the Victory Heights' luxury golf residential real estate development in Dubai, the first ... Read more..

Dubai residential properties overall value rose to 10.8% last year

Tuesday, March 24th, 2009 Posted in Dubai Real Estate, UAE Real Estate | No Comments »

Dubai residential property prices level off to 19.1 per cent in the final quarter of 2008, according to a new, but overall real estate properties' value climbed 10.8 per cent ... Read more..

Karachi: Work on Corridor-III in Gulshan-e-Iqbal begins

Monday, March 16th, 2009 Posted in Pakistan Real Estate News | No Comments »

KARACHI: Gulshan-e-Iqbal Town has started the construction of the elevated U-turn part of the Signal Free Corridor-III that falls in the town’s limits and was allocated as a part of ... Read more..

Dubai-based property developer to deliver six projects in 2009

Thursday, March 12th, 2009 Posted in Dubai Real Estate News | No Comments »

Prominent property developer in Dubai, Deyaar said it is now looking for consolidation. According to the developer, its six projects will be delivered in 2009, of which nearly 80 per ... Read more..

All real estate transactions in Ajman to specify role of ARRA

Wednesday, March 11th, 2009 Posted in Dubai Real Estate News | No Comments »

According to top government official, sales and purchase agreements in Ajman will incorporate certain clauses that will specify the role and jurisdiction of Ajman Real Estate Regulatory Agency (ARRA). Read more..

Properties in Dubai and Abu Dhabi among most expensive Cushman & Wakefield

Sunday, March 8th, 2009 Posted in Dubai Real Estate | 2 Comments »

According to a new study by Cushman & Wakefield (C&W), a commercial real estate services firm, Dubai and Abu Dhabi are on the list of the top 10 commercial property ... Read more..

Dubai-based Emaar Properties eyes expansion in 2009

Monday, March 2nd, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai-based real estate developer Emaar Properties said its primary focus in 2009 will be to mitigate the negative impact of the global financial crisis by facing up to the new ... Read more..

Dubai-based realtor allies with Housing and Development Bank of Egypt

Saturday, February 28th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai-based real estate developer, Damac Properties with five property developments across Egypt, said it had entered into an alliance with the Housing and Development Bank of Egypt. Read more..

$200mn worth wholesale property, Dubai Food City, planned in Dubai

Wednesday, February 25th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai Food City worth $200 million (Dh734 million) is in the planning stages, according to industry experts. Wholesale property will be a five million square foot self-contained development, aimed ... Read more..

Initial Registration System of DLD makes waves at International Property Show-Dubai 2009

Friday, February 20th, 2009 Posted in Dubai Real Estate News | No Comments »

Initial Registration System' initiated by The Dubai Land Department's has made a strong impact among real estate investors during the 'International Property Show - Dubai 2009', which concluded its successful ... Read more..

Dubai property developers want greater transparency in regional markets

Friday, February 20th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai-based real estate developer, Landmark Properties calls for increased transparency and context amid the range of data currently being released into the Middle East property markets, as part of a ... Read more..

Dubai real estate sector shows sign of maturity

Sunday, February 8th, 2009 Posted in Dubai Real Estate News | No Comments »

New legislation being discussed pertaining to off-plan sales could have far reaching consequences for the Dubai real estate market. According to the new law, property developers potentially will not be ... Read more..

Dubai-based developer completes enabling works for Business Bay property

Tuesday, February 3rd, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai's leading real estate developer, DAMAC Properties said that enabling works have been finished on site at its Executive Bay development at Business Bay in Dubai. Read more..

Omniyat Properties to deliver 3 real estate projects in Dubai by Q2 of 2009

Tuesday, February 3rd, 2009 Posted in Dubai Real Estate | No Comments »

Omniyat Properties, one of Dubai's most innovative private property development companies, is set to hand over its first 3 real estate projects, namely, One Business Bay, Bayswater and The Square ... Read more..

Dubai-based Nakheel to deliver 1042 properties at Waterfront by year-end

Monday, February 2nd, 2009 Posted in Dubai Real Estate | No Comments »

Nakheel, Dubai-based master real estate developer, has announced that construction of 1,042 new homes in the Manarah District in Badrah, Waterfront is nearly 40% complete, with all of these properties ... Read more..

Work nearing completion on Aspect Tower and Vision Tower in Dubai

Tuesday, January 27th, 2009 Posted in Dubai Real Estate News | Comments Off

The work on Aspect Tower and Vision Tower within Executive Towers real estate development by Dubai Properties at Business Bay is nearing completion. The work on Aspect Tower is 92% ... Read more..

Dubai Properties Executive Towers at Business Bay nearing completion

Tuesday, January 27th, 2009 Posted in Dubai Real Estate | Comments Off

Dubai Properties, a subsidiary of Dubai Properties Group LLC, has announced that the work is in progress as scheduled within Business Bay and Dh3 billion Executive Towers including Vision Tower ... Read more..

RTA plans to revamp Al Wasl Road in Dubai

Friday, January 16th, 2009 Posted in Dubai Real Estate News | Comments Off

Jumeirah's Al Wasl Road will be completely revamped, following several fatal car accidents in the past two years. Certain dangerous U-turns that have been at the centre of these accidents ... Read more..

Sorouh Real Estate highlights Abu Dhabi as a future capital

Friday, January 16th, 2009 Posted in Dubai Real Estate News | Comments Off

Sorouh Real Estate, Abu Dhabi's real estate developer and Strategic Sponsor of the Future Capitals World Summit, presents Abu Dhabi's future as a global capital city. Read more..

Dubai Shopping Festival begins sans usual glitz

Friday, January 16th, 2009 Posted in Trade Shows & Exhibitions | Comments Off

Middle East's biggest shopping extravaganza, Dubai Shopping Festival (DSF), starts off with various activities and events taking place in malls and other venues across the emirate. Running till February 15, ... Read more..

Real Estate Regulatory Authority of Dubai announces rental price index

Friday, January 16th, 2009 Posted in Dubai Real Estate | Comments Off

Real Estate Regulatory Authority (RERA) of Dubai has announced emirate's first residential and commercial rental price index. RERA believes that the rental index will replace the need for rent caps ... Read more..

Dubai Shopping Festival 2009 all set to woo global tourists

Wednesday, January 14th, 2009 Posted in Trade Shows & Exhibitions | Comments Off

The most eagerly awaited global event of the year, Dubai Shopping Festival (DSF), is due to begin from January 15 until February 15, 2008. However, the official launch ceremony for ... Read more..