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Dubai property prices 'fall 41%'

The Kurdish Globe 06.05.2009
Dubai property prices 'fall 41%'

Colliers said speculators have already left the market.

UAE grants foreign homeowners multiple entry visas

Expatriate property owners in the United Arab Emirates will be granted multiple entry visit visas enabling them to stay six months at a time, the Gulf state said in a decree issued on Saturday. Home buyers had been waiting for legislation for years to clarify their residency rights in the second-largest Arab economy after many of the country's seven emirates allowed foreign investment in property in recent years.

Property developers welcome law on renewable real estate visas

The renewable real estate visa to be issued to foreign investors is set to kickstart buying and selling once more, real estate experts say.

Doubletree By Hilton Enters Middle East With UAE Signing

Hilton Hotels Corporation today announced the entry of the Doubletree by Hilton brand into the Middle East with the signing of a Management Agreement with Mohamed Ahmed Ali Hassan Ruqait for the Doubletree Suites by Hilton Ras Al Khaimah in the U.A.E set to open Q1 2010.

New rules for Dubai residency

Catherine Deshayes The Move Channel 29.04.2009
New rules for Dubai residency

Traditionally, there has been confusion around the promise that buying a freehold property in Dubai came with a 99-year residency visa included as part of the deal.

UAE cities offer best quality of life

Cities of the UAE offer the best quality of life in the Middle East, according to a global survey published yesterday.

Dubai property boom slows as prices drop 41%

Heidi Lees-Bell The Institute of Commercial Management 28.04.2009
Sorouh Real Estate announces first quarter results

Sorouh Real Estate PJSC, the Abu Dhabi-based real estate developer, announced on Wednesday its first quarter results for the period ending 31 March 2009.

Dubai property boom slows as prices drop 41%

House prices have dropped by 41% in the first quarter of 2009, according to the Colliers International House Price Index (HPI).

UAE real estate 'up to 50% dearer than Europe'

Real estate in the UAE is up to 50 percent more expensive than in Europe if comparisons are based on median income estimates rather than GDP per capita, Al Mal Capital’s head of equity research has said.

70 percent price-fall looms for UAE real estate

The Swiss banking giant UBS has downgraded the real estate sector in the United Arab Emirates (UAE), the Wall Street Journal reports.


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