web analytics

Dubai, 3rd most affordable major city for prime residential property

Savills World Cities Prime Residential Index notes Dubai’s decline in capital values over past 10 years, but highlights attraction of strong yields and affordability ...

If You Can’t Make Mortgage Payments, Here Is a Few Steps...

When you initially signed your mortgage contract in Dubai, you have been advised by your banker to run the numbers and make sure you...

Global Hotel Transaction Volumes to Increase 30 – 40 % in...

Global hotel investment volumes recovered strongly in 2010 after reaching the lowest level of the decade in 2009. Following this strong bounce back, Jones...

Deyaar to showcase key projects at Cityscape Global 2011

Leading developer to also highlight integrated solutions, including property and facilities management Deyaar Development, a regional real estate company dedicated to innovation, customer care and...

Sharjah’s newest entertainment and shopping attraction welcomes visitors

World-class futuristic project valued at over AED 150 million Al Shaab Village elevating regional tourism to thrilling new frontiers Al Shaab Village, Sharjah’s newest and most...

Global direct real estate investment volumes rise nearly 50 percent in...

Global direct real estate investment volumes in the second quarter of 2011 totaled more than US$101 billion, up seven percent from the previous three...

Dubai Properties to hold auction for three plots of land

Dubai Properties, part of Dubai Holding, plans to hold an auction for three beach-side plots of land on 29th of August, an advertisement...

Emaar Properties PJSC focusing on India

Mohammed A Alabbar, Chairman EMAAR Properties speaks to Bloomberg UTV on the company's plan for India.

Assets Change Hands

Meydan on Thursday signed a memorandum of understanding under which it sold three commercial buildings located in Meydan Metropolis Phase 1 to Emirates NBD, reported Gulf...

Deloitte Real Estate Predictions 2019: Change that responds to challenges

Deloitte Financial Advisory launched the fifth annual Middle East Real Estate Predictions, Dubai, which examines the performance of Dubai’s real estate market in 2018...

Land Department in Dubai values 691 properties

The valuation committee, a part of the land department in Dubai, has completed its valuations on 691 properties during the first quarter of 2010....

Fine of AED 50 000 for sharing villa

Starting August, landlords will be fined AEF 50 000 for sharing villa, whcih is violation of municipal law. Starting August 1st, the fine of AED...

BofA Merrill Lynch Fund Manager Survey Finds Renewed Risk Appetite...

Investors are channeling most of their renewed risk appetite into global emerging market equities (GEM) in the wake of an expected second wave of...

Long term trends for property prices in UAE

Property prices in the UAE aren't going to go anywhere until the end of 2011-12, according an interview with Charles Neil, CEO of Landmark...

Meydan One to Bring First Cinépolis Cinema to Dubai

World’s fourth-largest cinema chain to open in Dubai in 2020 New megaplex to boast 21 screens, luxury lounge Formats to include Macro XE,...

Sorouh 2Q11 Results Snapshot

2Q11 revenues at AED1.2 bn up 542% YoY Gross Profit registered AED144 mn up 91% YoY Net profit at AED125 mn 125 up 520% YoY 1H11 net...

Middle East injects US$180 billion into 113 new power, water, energy...

New power, water, and energy projects valued at US$180 billion are underway or at the planning stages in the Middle East

Aabar Investments PJSC Announces the Establishment of Aabar Properties LLC at...

Khadem Al Qubaisi, Chairman of the board of Directors of Aabar Investments PJSC ("Aabar") announced, in a statement issued by the company, that Aabar...