Home RSS
Real Estate
Cars

United Arab Emirates

UAE Property prices rise again

Angela Giuffrida and Nathalie Gillet The National 16.07.2009

Strata Law regulations to boost market

Stephen Kelly Emirates Business 247 15.07.2009
UAE Property prices rise again

Property prices in parts of Abu Dhabi and Dubai are registering big increases as buyers regain their confidence, brokers said Tuesday.

Strata Law regulations to boost market

As the Land Department and the Real Estate Regulatory Agency (Rera) put the final touches on implementing regulations to be issued under Law No 27 of 2007 On Ownership of Jointly Owned Properties in the Emirate of Dubai (the Strata Law), it seems an opportune time to reflect on the key features and advantages that a fully operational strata title regime will bring to the Dubai property market.

Dubai prime office rents down 18 percent

Shakir Husain Maktoob Business 15.07.2009

Abu Dhabi rents fall up to 35 pct in Q2

Shakir Husain Maktoob Business 15.07.2009
Dubai prime office rents down 18 percent

Dubai office rents dropped 18 percent in the first quarter year-on-year due to weakening demand, but the business and leisure hub remains one of the most costly cities in Europe, the Middle East and Africa, CB Richard Ellis (CBRE) said on Wednesday.

Abu Dhabi rents fall up to 35 pct in Q2

Apartment rents in Abu Dhabi dropped as much as 35 percent in the second quarter due to increased supply and residents taking advantage of cheaper accommodation in Dubai, property services firm Asteco said on Monday.

UAE Property prices rise again

The National 15.07.2009
UAE Property prices rise again

Property prices in parts of Abu Dhabi and Dubai are registering big increases as buyers regain their confidence, brokers said Tuesday.

DFM index closes lower pulled down by real estate stocks

Dubai: Real estate stocks pulled the Dubai Financial Market (DFM) down on Monday, with major selling seen among the key players. The general index closed down 2.96 per cent, on 1,630.15, recovering slightly just before the close of trading.

Occupancy levels rise in affordable districts

Anjana Kumar Anjana Kumar 13.07.2009
(EB FILE)

More than 60,000 people have already moved into International City, while about 20,000 residents are living in Discovery Gardens, according to Nakheel.

Aqaar Receives Master Developer Licence for Ajman

Aqaar LLC, the leading real estate and property development company headquartered in the emirate of Ajman, has received a master developer licence from the Ajman Real Estate Regulatory Authority (ARRA).

BuildingSmart receives interest from 25 companies

Emirates Business 247 13.07.2009
Tom Lord, Hotel Manager for Crowne Plaza Dubai Festival City; Steven Greenwood, Hotel Manager for InterContinental Dubai Festival City; Tom Meyer, Area GM for InterContinental Hotels Group Dubai Festival City; Bill Car, Director of Engineering MEA; Ken Flockhart, Advisor to CEO, Al Futtaim; Dave Lawrence, VP Compensation & Benefits EMEA; Jenny Atkinson, VP HR UK & Ireland and Pascal Gauvin, VP Operations - Gulf.

Employees of the InterContinental Hotels Group Dubai Festival City move into new accommodation which was inaugurated recently.

BuildingSmart receives interest from 25 companies

About 25 organisations in the UAE have expressed an interest in the buildingSmart Middle East chapter, said a senior official.

Abu Dhabi Islamic Bank announces home loan rates for UAE nationals

Abu Dhabi Islamic Bank (ADIB), a leading regional Islamic bank, has announced attractive home finance rates for UAE nationals. Same day pre-approval and up to Dhs8,000,000 per client are some of the features of the enhanced home finance program available at ADIB.

Abu Dhabi building material costs fall 60 pct

Building material prices in Abu Dhabi dropped by more than 60 percent in June in line with commodities becoming cheaper globally in the economic downturn, the Statistics Centre of Abu Dhabi said.

UAE property firms 2nd qtr hit by low sales

Property firms in the United Arab Emirates are poised to report weaker second-quarter profits on lower revenues from land and property sales, as the real estate sector continues to suffer in the global financial crisis.

Property developers change strategies to retain customers

Dubai: "In real estate nothing works like building and selling," explains Shyam Sunder, general manager of marketing at ETA Star property developers.

Investors await confidence boost before returning to Dubai real estate

More accurate and timely market information, greater transparency and further real estate legislation are required to rebuild confidence in Dubai's real estate market and stimulate investment.

Dubai ponders how to rebuild confidence in local real estate

Re-building confidence in the Dubai property sector was the subject of the Cityscape Connect Business Breakfast in the Grand Hyatt this morning, and the highly professional tone of this event seemed to immediately contribute towards its objective.

Dubai property transactions up, but values are down

Bradley Hope The National 08.07.2009
UAE property prices expected to fall further

Over 60% of people interviewed for a recent online poll believe that UAE property prices will fall by a further 20-30% this year.

Dubai property transactions up, but values are down

The number of property transactions in Dubai increased in the first half of this year by more than a third compared with the same period last year, but the value of sales, mortgages and leases almost halved, a property research company has found.

Banks becoming more flexible on mortgage defaults

Vicky Kapur Emirates Business 247 08.07.2009
 
Banks becoming more flexible on mortgage defaults

Banks and other lending institutions are becoming more flexible in dealing with customers in financial trouble, as mortgage defaults in the UAE are expected to rise with an increasing number of people unable to service their outstanding debt.

 
 

« newer | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | older »




 
_________________________________________________________________________
 
Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.