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Dubai office rents decline by over 14% in 12 months

Shuchita Kapur Emirates 247 07.11.2010
Dubai office rents decline by over 14% in 12 months

Office rents in Dubai are at their most affordable levels in years, having witnessed a decline of more than 14 per cent year-on-year on an average in October 2010 as new supply continues to depress commercial rentals across the emirate, an Emirates 24|7 analysis of data provided by Better Homes, a real estate consultancy, shows.

Property rents and prices on the slide in Abu Dhabi

All sectors of the real estate market in Abu Dhabi are seeing steadily lowering rents and prices, despite the under-supply affecting most areas of the sector, according to the latest data from Jones Lang LaSalle (JLL).

Armani homes defy Dubai property slumn

A Place in the Sun 27.10.2010
Dubai shares retreat the most in more than five months

Dubai shares retreated the most in more than five months, leading a drop in global equity markets, on concern recent gains are overdone and before policy meetings by the US Federal Reserve and Bank of Japan.

Armani homes defy Dubai property slumn

The value of Armani-branded homes in the Burj Khalifa, Dubai, remain steady, despite the fact that the price of other apartments in the world’s tallest tower have plummeted by up to 70 per cent since the Dubai property market crashed two years ago.

Don’t link commission to ‘project life’: estate agents

Parag Deulgaonkar Emirates 247 13.10.2010

Investors Stuck in Dubai Real Estate Crash

Chana Ya'ar Israel National 12.10.2010
Don’t link commission to ‘project life’: estate agents

Real estate agents in Dubai have opposed a private developer’s suggestion to link commission to “the life of the project”, claiming it is an indirect way to penalise them.

Investors Stuck in Dubai Real Estate Crash

International investors have learned the hard way about the legal quagmire surrounding development in Dubai's real estate market.

Beachside life in a cheaper, brand new flat

Matt Hryciw The National 09.10.2010
Beachside life in a cheaper, brand new flat

Property rented One-bedroom flat in Sanibel tower, Park Island, Dubai Marina, rented through GIM Real Estate in April 2010.

Armani Hotels to Follow Dubai and Milan with a Paris Property

Fashion designer Giorgio Armani's first hotel, the Armani Hotel in the Burj Dubai building has now been open for a grand total of 6 months. So what's new? Well, obviously since they finished one, the Armani Hotel people have their eyes on the future. With the second Armani Hotel all set to open next year in Milan, they're considering what city will be bestowed with the third location. According to ArabianBusiness, that very well could be Paris.

Emaar earnings to surge on property handover

Dubai's Emaar Properties remains a lone bright spot in a gloomy outlook for UAE developers, but woes are set to continue for Abu Dhabi's Aldar Properties with an expected third-quarter loss.

Dubai's Emaar Properties Showcases Worldwide Projects at Cityscape Global

(DUBAI, UAE) -- Emaar Properties PJSC, the global property developer, is highlighting its proven capabilities in delivering world-class assets at Cityscape Global 2010, the premier real estate expo that opens today at Dubai International Convention Centre and goes on through Thursday.


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