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206 tower Ajman project scaled back to 20

Maktoob Business 21.07.2009

UAE Property prices rise again

Angela Giuffrida and Nathalie Gillet The National 16.07.2009
206 tower Ajman project scaled back to 20

The UAE property sector slump has forced the developers of the largest residential project in Ajman to reduce its size drastically, UAE daily the National reported on Monday.

UAE Property prices rise again

Property prices in parts of Abu Dhabi and Dubai are registering big increases as buyers regain their confidence, brokers said Tuesday.

UAE Property prices rise again

The National 15.07.2009

Occupancy levels rise in affordable districts

Anjana Kumar Anjana Kumar 13.07.2009
UAE Property prices rise again

Property prices in parts of Abu Dhabi and Dubai are registering big increases as buyers regain their confidence, brokers said Tuesday.

Occupancy levels rise in affordable districts

More than 60,000 people have already moved into International City, while about 20,000 residents are living in Discovery Gardens, according to Nakheel.

UAE property firms 2nd qtr hit by low sales

Property firms in the United Arab Emirates are poised to report weaker second-quarter profits on lower revenues from land and property sales, as the real estate sector continues to suffer in the global financial crisis.

Aqaar Receives Master Developer Licence for Ajman

Aqaar LLC, the leading real estate and property development company headquartered in the emirate of Ajman, has received a master developer licence from the Ajman Real Estate Regulatory Authority (ARRA).

BuildingSmart receives interest from 25 companies

Emirates Business 247 13.07.2009
BuildingSmart receives interest from 25 companies

About 25 organisations in the UAE have expressed an interest in the buildingSmart Middle East chapter, said a senior official.

Abu Dhabi building material costs fall 60 pct

Building material prices in Abu Dhabi dropped by more than 60 percent in June in line with commodities becoming cheaper globally in the economic downturn, the Statistics Centre of Abu Dhabi said.

UAE property firms 2nd qtr hit by low sales

Property firms in the United Arab Emirates are poised to report weaker second-quarter profits on lower revenues from land and property sales, as the real estate sector continues to suffer in the global financial crisis.

Dubai ponders how to rebuild confidence in local real estate

Re-building confidence in the Dubai property sector was the subject of the Cityscape Connect Business Breakfast in the Grand Hyatt this morning, and the highly professional tone of this event seemed to immediately contribute towards its objective.


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