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Funds fuel property recovery

The National 10.06.2009
Funds fuel property recovery

ABU DHABI // Investment funds focusing on distressed property are forming in the UAE, helping to solve some of the problems caused by disputes between developers and investors that have hit tower builders’ cash flows.

UAE real estate sector to recover by year end: Arqaam Capital

Arqaam Capital, investment bank in Middle East, stated that the recovery in UAE real estate stocks signals a recovery in Dubai property prices later this year. The bank predicted that Dubai real estate would bottom out in the second quarter of 2009.

UAE property values edge upwards

Homes Overseas 10.06.2009

UAE 'attractive for long term investments'

Trade Arabia Business News Information 09.06.2009
UAE property values edge upwards

UAE property prices rose in April and May, according to HSBC.

UAE 'attractive for long term investments'

The UAE property market remains attractive for long term investors amidst economic crisis with Bahraini investors pumping over Dh95 million ($25.8 million) into the Emirates’ property market in the first quarter of 2009, said an expert.

Arra law to link payments with construction

Anjana Kumar business24-7 08.06.2009

British-based investors fear losses in UAE

Catherine Boyle Times Online 07.06.2009
Arra law to link payments with construction

Ajman Real-estate Regulatory Agency (Arra) will introduce new regulations by month-end, linking payments to construction milestones achieved, a top government official said.

British-based investors fear losses in UAE

British investors with millions of pounds in a property scheme run by Sulaiman al-Fahim, the soon-to-be owner of Portsmouth Football Club, fear that their investments are at risk.

UAE Property Prices are now matching 2006 levels

Khaleej Times Online 04.06.2009
Clarity on visas for property owners to boost UAE real estate sector

According to real estate industry experts in the UAE, a clear policy of visas for property owners is the key to boost the realty sector. In the beginning of May 2009, the UAE government has issued a decree granting foreigners the right to a 6-month renewable residency visa if they owned properties worth at least Dh1 million.

UAE Property Prices are now matching 2006 levels

DUBAI - propertyfinder.ae, the UAE’s leading real-estate website, today released findings revealing the UAE’s top locations sought after to buy and rent for May 2009.

Real estate sector helps to maintain upward trend in UAE markets

Rachna Uppal, Staff Reporter Gulf News 04.06.2009
UAE Jan-Apr consumer prices fall as housing costs cool

DUBAI, (Reuters) - Consumer prices in the United Arab Emirates fell 2.7 percent between January and April, reflecting a drop in housing costs in a declining property market, the Gulf state's first-ever monthly inflation data showed on Wednesday.The consumer price index of the second-largest Arab economy stood at 113.07 points at the end of April compared with 116.18 points at the end of January, the Ministry of Economy said in a statement.

Real estate sector helps to maintain upward trend in UAE markets

Dubai: The upward trend in UAE equity markets continued on Wednesday, the Abu Dhabi Securities Exchange is up 3.11 per cent to close at 2,809.42, led by real estate, industrial and telecommunications stocks.


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