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Dubai’s residential property sector in recovery mode

Sunil Kumar Singh Emirates 247 05.10.2010

Dubai property prices seen to fall further this year

Issac John Khaleej Times 05.10.2010
Dubai’s residential property sector in recovery mode

Cityscape Global 2010, the flagship event of the world’s largest business-to-business real estate investment and development brand, opened for business on Monday amidst a wave of optimism from regional and international investors after a spell of positive economic indicators since the Dubai World debt restructuring was completed earlier in September.

Dubai property prices seen to fall further this year

DUBAI — The pace of decline in Dubai’s property market has eased from that seen in 2009 as the emirate “moves closer to the bottom of the current cycle,” but prices and rents are expected to continue to decline in 2010, real estate investment and advisory firm Jones Lang LaSalle, or JLL, said in its latest report on Sunday.

Real estate prices to stabilise on back of Dubai disclosure

Parag Deulgaonkar Emirates 247 30.09.2010
Freehold property sale stabilises in Dubai: Report

DUBAI: Sale prices in a number of freehold communities across remained stable in Q3 this year compared to the previous three months, a new report has said. According to the Dubai-based property management company Asteco report, further price adjustments are expected in the near future.

Real estate prices to stabilise on back of Dubai disclosure

Realty experts in Dubai believe the disclosure of 495 properties either being cancelled or put on hold will limit supply in an already bloated market and help prices stabilise.

Dubai ruler's property company extends loan terms

A real estate and hotel group owned by Dubai's ruler says it has won an extension to repay a $555 million loan as the emirate works to resolve its severe debt crisis.

Reidin.Com Index Reveals 2.25% Decrease In Dubai Apartment Prices In July

REIDIN.com, the leading real estate information company covering emerging markets has today announced the July 2010 figures of its Sales Price Index for Dubai (SPID). SPID is part of REIDIN.com's INDEXFocus-UAE product, an online database of proprietary real estate indices for the UAE designed to accurately track price fluctuations in the residential real estate market.

Dubai Developers Rush To Meet New Regulations By Deadline

As developers struggle to complete all the paperwork required to register property owners associations in Dubai, experts believe that the deadline will be extended. While some developers have been holding back in the hopes of avoiding the costs of compliance, some developers are using consultants to handle the headaches of registration. See the following article from Property Wire for more on this.

Dubai Developer Confident That Real Estate Market Has Hit Bottom

The CEO of one of the largest developers in Dubai recently stated that the Dubai real estate market has hit bottom. While Deyaar CEO Markus Giebel remained unclear on whether the market would go up or down in 2010, he believes that Dubai's strong fundamentals will lead toward a recovery in the Dubai market starting in 2011. See the following article from Property Wire for more on this.

Dubai real estate market to see 'selective stability'

Parag Deulgaonkar Business24-7 25.01.2010
World's tallest tower in UAE closes

The world's tallest skyscraper in Dubai has unexpectedly closed to the public a month after its lavish opening, the tower's owner said.

Dubai real estate market to see 'selective stability'

"Selective stability" will be witnessed across the office and residential sectors of Dubai's real estate market in 2010 with the market moving to become more tenant-friendly, according to Jones Lang LaSalle Mena.


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