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Owners of built-in properties granted six months multi-trip entry visa

Owners of properties in the UAE can enter the country and stay up to six months as per entry permit ( a multi-trip entry...

Emaar Properties to maintain focus on business segmentation and geographic expansion

• Chairman highlights project delivery as priority at 11th AGM • Company holds international land bank of 516 million sq metres The financial results for Emaar...

Statement by Emaar Properties

An Emaar Properties spokesperson: "No projects launched by Emaar Properties are currently on hold. All the developments are progressing and in line with Emaar's strategy...

“No projects by Emaar Properties on hold”

An Emaar Properties spokesperson today said none of the company's projects is on hold. Following is the statement: "No projects launched by Emaar Properties...

UAE Economic & Strategic Outlook

Since the past few years, UAE’s economy had been performing exceptionally well on the back of surge in oil prices and strong growth in...

BCS to assist property developers with ‘Mollak’ registration

1.  Urges developers to register online for Mollak licensing system of Owners Associations 2.  BCS authorised by RERA to train developers in completing Mollak formalities...

The World

The World is a man-made archipelago of 300 islands constructed in the shape of a world map and located four kilometres off the coast...

Dubai property authorities to clarify default rules

A new real estate law amendment is to be introduced in Dubai to clarify what happens when a property buyers defaults on payments. At present...

The new unofficial Dubai Rental Index released

The Dubai Real Estate Regulatory Authority (Rera) released the new rental index, which was expected to show a 10 to 15 per cent drop...

U-turn in car parking legislation

The Dubai Land Department has revised legislation that was to force residents to pay for a car parking space with newly acquired property following...

Emaar Misr launches sale of fully-finished Mivida townhomes in Views District

•Starting price at EGP1.2 million with only 5% down payment •Two- and three-bedroom units of size 158 to 190 sq m; delivery scheduled for 2012 •Located...

Tameer Towers project under consideration

Tameer Holding has informed the contractors appointed to build  the Tameer Towers project in Abu Dhabi about it's decision to cancel the contract, says...

Dubai Department of Economic Development, Dubai Real Estate Corporation join forces...

The Dubai Department of Economic Development (DED) and the Foreign Investment Office (FIO) have recently signed a Memorandum of Understanding (MoU) with the Dubai...

Al-Wasl Real Estate inaugurated

H.H Sheikh Maktoum Bin Mohammed Bin Rashid Al-Maktoum today inaugurated the head office of the Wasl Real Estate Group in Al-Mankhoul area in Dubai,...

UAE Travel ‘&’ Tourism Sector Ranks “1st” in the Middle East...

HE Hani Rashid Al Hamli Secretary-General of Dubai Economic Council, pointed to the vital role played by the travel and tourism sector (T'&'T) in...

Top ten Abu Dhabi projects worth $208 billion

Global slowdown notwithstanding, the capital of the United Arab Emirates continues to be transformed with masterplan budgets for the city's top ten civil projects...

Emaar considering the cancellation of Warsan, Asmaran and Maysan

Emaar received petition regarding cancellation of three projects worth more than $24.5 bilion Emaar Properties said on Thursday it will consider a petition from over...

Escrow (Trust) Account – Explained

Escrow Account explained by consultant from Vispiron Properties Escrow or Trust Accounts are Bank Accounts set up in the name of the project, a client...