“Dubai Business News”New metro lines on track in Dubai

Tuesday, May 12th, 2009 Posted in Business, UAE Real Estate | No Comments »

Dubai: All mass transit projects, including additional metro lines announced by the Dubai Roads and Transport Authority (RTA), will be implemented after studying the needs of the respective areas, a ... Read more..

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..

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..

Hilton Hotels to bring new luxury brand to UAE

Saturday, March 14th, 2009 Posted in People & Places | No Comments »

Hilton Hotels Corp owned by Blackstone Group LP, has launched new luxury hotel brand Denizen catering to "globally conscious modern travelers of the world'' and confirmed that active negotiations are ... Read more..

Al Barari real estate development in Dubai to have luxury apartments

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

Al Barari, luxury residential real estate development located in New Dubai, is set to have around 500 apartments built during the second phase. The second phase of the project will ... Read more..

Nakheel commences comprehensive survey of QE2 prior to its renovation

Tuesday, March 10th, 2009 Posted in Business | No Comments »

QE2 is currently berthed at Port Rashid since her arrival in Dubai on November 26, 2008. Nakheel, Dubai-based master real estate developer, has confirmed that there have been no ... Read more..

UAE real estate market to bounce back within next 8 to 12 months Memon Investments

Sunday, March 8th, 2009 Posted in UAE Real Estate | No Comments »

Memon Investments, a leading Dubai-based property developer, has projected that the UAE real estate market will bounce back within the next 8 to 12 months. The developer has based its ... Read more..

Nakheel Hotels receives gift of royal cup & saucer and steamer blanket from QE2’s predecessor

Tuesday, February 24th, 2009 Posted in Dubai Real Estate News | No Comments »

Nakheel Hotels, the owners of the world's best-loved ocean liner QE2, has received the generous gift of a royal cup and saucer and steamer blanket from QE2's predecessor, Cunard's RMS ... Read more..

Dubai real estate market registers Dh5bn investments from across GCC in 2008

Tuesday, February 24th, 2009 Posted in Dubai Real Estate News | No Comments »

According to FutureBrand, information partner of REIDIN.com - world's first online information company, the total value of real estate projects under construction in the GCC is more than $2.39 trillion. ... Read more..

Dubai real estate developers not to hike service charges: Real Estate Regulatory Authority

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

Real Estate Regulatory Authority (RERA), a subsidiary of Dubai Land Department, has ordered all property developers not to increase service charges without getting its permission, which are being brought under ... Read more..

UAE construction sector on track

Friday, February 6th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai: Work on Dh2.56 trillion ($698 billion) worth of civil construction projects in the UAE is still progressing full steam ahead, despite the current economic climate, research shows. Read more..

Gowealthy introduces unique online property barter services

Thursday, February 5th, 2009 Posted in Dubai Real Estate | No Comments »

Prop Swap is the first formalized online property barter community in the UAE for those looking to shift or exchange real estate stock. Designed by the region's leading property brand, ... Read more..

Reef Commercial Tower is ready for occupancy in Jumeirah Lake Towers, Dubai

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

Reef Commercial Tower, property developed by Reef Real Estate Investment, has finished construction and ready for occupancy in the Jumeirah Lake Towers (JLT), Dubai. The G + 32-storey tower provides ... Read more..

Nakheel to deliver several properties over next 24 months in Dubai

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

Nakheel, Dubai-based master real estate developer, has released the details of progress at its communities at the heart of New Dubai - Al Furjan, Jumeirah Village, Jumeirah Islands and Jumeirah ... 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 to host International Golf Festival

Thursday, January 29th, 2009 Posted in People & Places, Trade Shows & Exhibitions | Comments Off

Dubai will host the inaugural International Golf Festival in September 2009 at the Dubai World Trade Centre to further underline its position as a hub for golf. Read more..

Chelsea Group launches new deluxe hotel apartment property in Dubai

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

Chelsea Group Hospitality, owners of the Chelsea Group of luxury hotel and hotel apartment properties in the UAE, has launched Chelsea Gardens Hotel apartments Dubai with a fresh approach to ... Read more..

Dubai real estate to focus on long-term profits for sustainability DPS

Friday, January 16th, 2009 Posted in Global Financial Crisis | Comments Off

The panelists at Dubai Property Society (DPS), an association of real estate professionals in Dubai, has agreed that Dubai's real estate landscape is positively changing although there is a huge ... Read more..

Abu Dhabi targets more overseas investments via extension of property rights of foreigners

Saturday, January 10th, 2009 Posted in Dubai Real Estate News | Comments Off

To attract more external investment into Abu Dhabi real estate sector, government of UAE capital city decides to extend property rights further for foreigners. Free zones, which enjoy some exemptions ... Read more..

Progress of Dubai Maritime City on track to achieve 2012 completion date

Tuesday, January 6th, 2009 Posted in Dubai Real Estate | Comments Off

Dubai Maritime City, the world's first purpose-built maritime centre and part of the Dubai World Group of companies, continues to achieve major development milestones and confidently progresses towards its 2012 ... Read more..

Depa JV Dubai to work on the interiors of Singapore resort

Tuesday, December 30th, 2008 Posted in Dubai Real Estate | No Comments »

    Depa Limited (ticker DEPA), the world's largest interior contractor, announced that its joint venture, DDS Contracts & Interior Solutions Pte Ltd ("DDS"), has won an AED 118m contract for the ... Read more..

Damac makes steady progress for timely delivery of Ocean Heights project

Sunday, December 28th, 2008 Posted in Dubai Real Estate News | No Comments »

In a bid to deliver its project on schedule, Damac Properties is said to be making steady progress on the 'Ocean Heights Tower' project at Dubai Marina, by completing ... Read more..

Memon Investments awards MEP contract for Cambridge Business Centre, Dubai

Friday, December 26th, 2008 Posted in Business, Dubai Real Estate News | No Comments »

Justin John, GM, WIN GATE Electromechanical Services LLC & Rizwan Shaikhani, Joint MD, Memon Investments Memon Investments, a leading Dubai-based property developer, has awarded Dh4.8 million contract to WIN GATE ... Read more..

Construction Product Holding establishes an industrial firm in Egypt worth USD 120 mn

Wednesday, December 24th, 2008 Posted in Business, Buying Advice, Dubai Real Estate | No Comments »

Construction Products Holding Company (CPC) established an industrial company with an investment capital of USD 120 million. This new company will comprise of seven factories, each specializing in the production ... Read more..

DIFC Courts posts addition to the rules for public consultation

Wednesday, December 24th, 2008 Posted in Dubai Real Estate News, Economy | No Comments »

The Dubai International Financial Centre (DIFC) Courts said that it has posted new additions to the Rules of the DIFC Courts for public consultation. The additions to the Rules include ... Read more..