Dubai property prices decline
The latest report by HSBC stated that Dubai property prices fell 23% last month from their record high in September. Prices for Dubai villas...
Global property sales for the last three months of 2008 down...
Dubai saw sales volume more than double in 2008
Middle East Q4’08 property sales down 62% over Q4’07
Real Capital Analytics, Inc. (RCA) is an independent...
Construction works on the Arabian Canal on schedule
Limitless, an integrated real estate development company and a business unit of Dubai World, has begun construction work on the Dh40.4 billion ( $11...
New Rental Index unveiled
Not a regulation, but a guideline
The Real Estate Regulatory Authority (Rera) unveiled a new rental index, which shows residents average rental prices they can...
Q4 2008 House Price Index for Dubai shows average 8% price...
Report attributes fall to reduced liquidity and negative sentiment
Colliers International, the global real estate consultancy, today released its Q4 2008 House Price Index (HPI),...
Developers urged to build awareness on strata law
60% of developers still unprepared for the law, says Peter Crogan, CEO of BCS Strata Management Services
Though strata management is making its way...
Unified Real Estate Regulatory Authorities in the pipeline
As Dubai Real Estate Regulator Authority (RERA) continues introducing new laws and regulations aiming to streamline the emirate's real estate sector and protect all...
FNC recommends to reduce the dependence on the foreign labour
Introduction of quota for non-Arab Labour
Implementation of Federal Law for property ownership
Changes in regulations and fees for family and domestic help sponsorship
The Federal National...
DED and RERA sign co-operation agreement to facilitate licensing procedures for...
The Dubai Department of Economic Development (DED) and Dubai’s Real Estate Regulatory Authority (RERA) have signed a co-operation agreement to facilitate all licensing...
Property Prices Roundup
It is no secret to any one that property prices are falling. Through the mail are coming many offers, some of which are listed...
New online tenancy contract registration
Rera recently urged tenants and landlords to register tenancy contracts online from January 1, 2009, to develop a comprehensive rental index that will help...
Apartment service charges in JBR increased by 129 percent
Apartment owners on Dubai’s Jumeirah Beach have been hit with a massive increase in service charges.
Salwan Property Management, a subsidiary of the project...
The Wave, Muscat Wins 5 Prestigious International Property Awards
The Wave, Muscat has won top accolades at Homes Overseas Awards held in London. Homes Overseas, one of UK’s leading international property magazines,...
Property prices in Dubai competitive worldwide
Property prices in Dubai are much lower compared to the other metropolis worldwide like Hong Kong, London, Moscow, Paris and New York.
Data stated by...
Nakheel announced job cuts
Dubai's master developer, Nakheel, announced that it was scaling back work on some of its projects and that it has adjusted it staffing requirements...
Emaar Middle East launches Enterprise Resource Planning system to optimize project...
New system to strengthen sales & financial management and growth plans
Emaar Middle East, the business subsidiary of Emaar Properties PJSC focused on various...
DAMAC puts on hold expansion plans
Focus on Dubai Projects
Property developer Damac have announced profits of Dh500 million for the first nine months of this year, reported Gulf News...
New law will regulate Abu Dhabi’s real estate market
Abu Dhabi Department of Municipal Affairs is preparing a new draft law to regulate the real estate market in the emirate, according to Dr...