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Systematic decline in marketing spending for real estate projects

The economic impact of the slump in real estate market on brokers is dramatic and results in systematic decline in marketing spending, not only...

Landmark introduces rent payment by credit cards

Landmark property agency is now offering rent payment with credit cards for units in Dubai's Discovery Gardens, a method formerly uncommon on the...

Emaar Properties records 122 per cent growth in half-year net operating...

Half-year 2010 revenue increases 59 per cent to AED 5.538 billion (US$ 1.508 billion) Second-quarter net operating profit is AED 896 million...

Mubadala and Prudential Financial Inc to launch a Joint Venture

Mubadala Development Company (Mubadala) and Pramerica Real Estate Investors have agreed to launch a joint venture company that will raise capital from...

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...

UAE ranked sixth in the world in quality of infrastructure

The UAE has been ranked sixth in the world regarding quality of its infrastructure. It has also been ranked number 23rd in the...

Freelance Brokers and Agents are “illegal”

RERA, the Dubai’s Real Estate Regulatory Agency, once again is taking stern action to control the activities of freelance brokers and agents, as their...

Omniyat crosses AED 10 Million leasing milestone with the Square

The leasing division of Omniyat, one of the region’s most innovative property developers, has successfully leased 224 units representing an annual value of...

The board of Nakheel will take over Limitless

The board of Dubai World subsidiary Nakheel will take over the responsibility of Limitless, another developer owned by the Dubai World, and...

Dubai Land Department shortlists 40 projects with ‘guaranteed’ finance for project...

A total of 40 projects have been shortlisted for the first phase of the Land Department's groundbreaking initiative to offer developers and ...

Versace home design residences at the “DAMAC Tower”, Beirut

For further information on this project please click here to contact us DAMAC Properties - a leading private residential, leisure and commercial developer in...

Latest Dubai Real Estate Market Overview from Jones Lang LaSalle

The latest ‘Dubai Real Estate Market Overview – Q2 2010: June 2010’ from Jones Lang LaSalle, the world's leading real estate investment...

Damac Properties relaunches Damac Tower in Beirut

Damac Properties has revived plans for a luxury high-rise development in Lebanon, but with a new partner in the distinctively premium label ...

Dubai Land Department will hold public auctions for repossessed properties

The first public auction of repossessed properties in Dubai is due to take place next month and officials are also clamping down on illegally...

The BMB Group forms Pan European Real Estate Leader

The BMB Group has invested an undisclosed amount into Alliance Capital Partners to create a pan-European commercial and residential real estate...

Dubai Oasis Tower I and II

Located in Dubai is a development called Dubai Sports City. Oasis Tower I owned by Dubai-Oasis (CEO is Mostafa Elahy) and Oasis Tower II...

UP steps up repossession of units

Union Properties has started to repossess units from defaulting  investors in its Motor City project. The developer has obtained cancellation orders through the Land Department. In...

Dubai real estate investors angry

Ever since Dubai's property bubble spectacularly burst in late 2008, the emirate has been struggling to revive its shattered image. But the...