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FNC considers property watchdog

Mahmoud Habboush The National 24.03.2009
UAE plans to set up a federal real estate regulatory authority, says minister

The Government considers setting up a federal real estate regulatory authority and coordinating efforts of the local regulatory authorities to regulate real estate developers, the minister of state for financial affairs told the Federal National Council (FNC).

FNC considers property watchdog

A federal property sector watchdog that co-ordinates the work of local regulatory bodies could be introduced UAE-wide under plans being considered by the Government, the Minister of State for Financial Affairs said yesterday.

Almost half of expats in UAE plan to buy property

Almost half of expatriates living in the UAE plan to buy property in the country, but think that prices are still too high despite the recent slump, according to a survey published yesterday.

Expatriates in UAE still want to invest in real estate sector

Expat populace in Bahrain and the UAE still believes in the potency of the Gulf property market, notwithstanding the real estate crisis looming the region, according to a new survey.

Hooked on property

Dana El Baltaji Kipp Report 22.03.2009
Bartering Property - A Recession-proof, Cashless alternative to ...

As markets continue to be denuded, consumers are hard-pressed for cash and resources to make ends meet. In such a scenario, the age-old concept of commodity barters or exchanges assumes significance. But will bartering properties solve investors' debt woes.

Hooked on property

Expatriates in Bahrain and the UAE still considering investing in property, says Zurich

UAE retail real estate to grow 12pc

Trade Arabia 22.03.2009
Nexus in search of prime land for real estate development in UAE

Nexus Development Ltd, a specialist real estate development company with over 40 years combined experience in the Middle East, are in search for mortgage free, prime development land in the UAE to explore exciting development possibilities.

UAE retail real estate to grow 12pc

Retail real estate sales in the UAE are likely to grow around 12 per cent annually from last year to 2011, according to a report.

UAE accounts for lion's share of investments in Iraq

Yazad Darasha Emirates Business 20.03.2009
Dubai Real Estate Regulatory body sets new condition to register with Land Department

The new legislation introduced by Dubai's Real Estate Regulatory Authority (Rera) in February mandates residents to buy parking space in order to register with the Land Department. The initiative would help property owners in the UAE emirate in the long run.

UAE accounts for lion's share of investments in Iraq

UAE-based companies and funds are the largest investors in Iraq by value, having committed more than $31 billion (Dh113.8bn) since 2003, representing 50 per cent of all investments in value terms, data released this week has shown.


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