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Wellness, The New Trend In Real Estate

Dubai City Guide 29.03.2009
Wellness, The New Trend In Real Estate

Technogym is partnering with the world’s most prestigious real estate developments in UAE. A Technogym stretching couch, a Kinesis Vision or a comfortable exercise bike are becoming the choice drivers when it comes to buy the right apartment in the UAE.

Shift in luxury Bellevue plan by Abu Dhabi group reflects slow housing market

An Abu Dhabi real estate investment and development firm has scrapped plans for a luxury condominium development near the Bellevue Downtown Park in favor of a four-star boutique hotel.

Celebrities lose in Dubai real estate

Shari Kulha National Post 28.03.2009
Dubai real estate developer welcomes online property tracking

One of the UAE’s biggest real estate developers has given its approval to an online construction monitoring system after it was brought in by the Dubai authorities.

Celebrities lose in Dubai real estate

The Beckhams, the Jolie/Pittses, Michael Schumacher and other celebs are losing lots of dosh each week in the Dubai real estate meltdown. Many U.K. football stars and other monied Europeans bought into the dream that was Dubai - a miracle property market growing out of the sand. Posh'n'Becks and others invested in these trophy properties, rented them out at big bucks by the week and went shopping with the proceeds.

Real estate set to get more transparent

Martin Croucher Khaleej Times 28.03.2009
Real estate set to get more transparent

The interest groups in Dubai’s real estate — with the announcement of a system of committees on Thursday—are looking at a climate that promises better coordination and greater
transparency

Abu Dhabi commercial property market predictions

Over the past six or seven years the Abu Dhabi commercial property market has grown considerably, but nowhere near the rate of Dubai. This is in part due to Dubai having been long established as a commercial centre in its own right, whereas Abu Dhabi has been a relatively recent starter, thus lessening the fallout from the financial crisis.

Dubai shrinking amid hard times

To someone not used to its grandiose ways, Dubai's downsizing might not look so bad.

UAE and US dominate investments in Iraq's real estate, new industries

UAE-based companies and funds are the largest investors in Iraq by value, having committed more than US$31 billion since 2003, representing 50% of all investments in value terms, data released this week has shown.

Dubai Real Estate Value Drops

The Media Line 24.03.2009
Dubai Real Estate Value Drops

The average property value in Dubai has dropped by 30 percent, but mega construction projects will prosper again in about three years, an expert in the housing industry said.

Abu Dhabi commercial property market predictions

Over the past six or seven years the Abu Dhabi commercial property market has grown considerably, but nowhere near the rate of Dubai. As of today, the total amount of existing commercial stock in Dubai is in the order of 4.1 million square metres, whereas Abu Dhabi amounts to less than half of this, at approximately 1.85 million square metres. This is in part due to Dubai having been long established as a commercial centre in its own right, whereas Abu Dhabi has been a relatively recent starter, thus lessening the fallout from the financial crisis.


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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.