Real Estate


Union move lifts property in UAE

The National 23.01.2012
Union move lifts property in UAE

Property and construction stocks edged the Dubai Financial Market (DFM) higher yesterday after Union Properties replaced a key executive.

3-year UAE property visas result in spurt in million-dirham units

The UAE announcement of an extension of real estate investor visas from six months to three years has suddenly increased the number of properties worth Dh1 million, according to a new report.

Property must be worth Dh1m for new real estate visa: official

Details surrounding the new three-year real estate visa announced by the UAE government last week are flying in thick and fast.

Property stocks drag down UAE indexes

Abu Dhabi's Aldar Properties drags down the emirate's index after Moody's cut its credit rating by two notches and Kuwait slips in muted trade. The developer falls 3.7 percent.

Six new property laws that will impact your investment

Parag Deulganokar Emirates 247 05.01.2011
New property index shows mixed outlook for Abu Dhabi

Cluttons has launched its Abu Dhabi Property Index, which helps benchmark property values in the Emirate, and shows that apartment and villa sales in Abu Dhabi have fallen in Q4 2010

Six new property laws that will impact your investment

From an investor protection law in Dubai, to a mortgage law for Abu Dhabi, 2011 will be a watershed year for property legislation

Bankruptcy filing highlights stress

Daniel Thomas Gulf News 02.01.2011

Foreign investor confidence in UAE property on the rise

Parag Deulgaonkar Emirates 247 23.12.2010
Bankruptcy filing highlights stress

Dubai It was one of the most recent visible signs of the cash flow constraints faced by the local property market when Al Murjan Real Estate, the company behind a $3-billion stalled residential development in Umm Al Quwain, filed for insolvency in November. This episode attracted attention not just because it was the first court-mandated bankruptcy of a distressed property project after the financial crisis began, but also because it puts the spotlight back on a number of projects put on hold in the country.

Foreign investor confidence in UAE property on the rise

Confidence of international investors in the Dubai property market has increased, but steps need to be taken to ensure that contractual provisions negotiated by buyers can ultimately be enforced, says a UK-based law firm.

Big developers accused of hurting Dubai property

DUBAI — Dubai's real estate regulatory body on Thursday accused the Gulf emirate's state-backed master developers of damaging its ailing property market by continuing to build despite a rampant oversupply.

Property developers to expand real estate business in UAE

General Shaikh Mohammed bin Zayed Al Nahyan who is believed to be the Crown Prince of Abu Dhabi and the Deputy Supreme Commander of the UAE Armed Forces has jointly signed up a treaty/contract in relation to real estate.

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