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News
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Surplus residential units in Dubai may hit 31,000 by year-end |
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Written by Administrator
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Wednesday, 12 August 2009 16:49 |
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Dubai is likely to see a surplus of 31,000 residential units mainly due to the decline in the expatriate population, while the shortage of units in Abu Dhabi will rise to 28,000 by year-end, according to JP Morgan.
"In the short term, we expect the non-residential sector in the UAE to remain under pressure given the global financial crisis. However, the historical shortage of both retail and commercial space in Abu Dhabi has kept falls in leasing rates well below Dubai," the investment bank said in a report on Mena real estate.
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Last Updated on Wednesday, 12 August 2009 16:50 |
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Read more... [Surplus residential units in Dubai may hit 31,000 by year-end]
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Re:Surplus residential units in Dubai may hit 31,000 by year-end
Aug 01 2010 19:20:44
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#4361 |
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Surplus residential units in Dubai may hit 31,000 by year-end
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Re:Surplus residential units in Dubai may hit 31,000 by year-end
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Surplus residential units in Dubai may hit 31,000 by year-end
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#8545 |
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Surplus residential units in Dubai may hit 31,000 by year-end
Aug 18 2010 18:50:37
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#8549 |
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Price cuts help Dubai hotels boost occupancy |
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Written by Administrator
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Wednesday, 12 August 2009 05:07 |
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Dubai hotels saw a 5 per cent increase in the number of guests during the first half of 2009, official data showed Tuesday, after they cut prices and launched promotions.
An industry report said last month that Dubai hotels were hard hit in revenue terms in the Middle East during the first half of the year as the global financial crisis bit into the spending power of many travellers.
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Last Updated on Wednesday, 12 August 2009 05:09 |
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Read more... [Price cuts help Dubai hotels boost occupancy]
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You need to login or register to post comments. Discuss this item on the forums. (238 posts)Discuss (238 posts)
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Aug 14 2010 13:45:09
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Re:Price cuts help Dubai hotels boost occupancy
Aug 14 2010 15:25:14
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Re:Price cuts help Dubai hotels boost occupancy
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Re:Price cuts help Dubai hotels boost occupancy
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Aug 15 2010 16:29:33
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Re:Price cuts help Dubai hotels boost occupancy
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Price cuts help Dubai hotels boost occupancy
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#8546 |
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Price cuts help Dubai hotels boost occupancy
Aug 18 2010 18:51:32
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#8550 |
There are too many comments to list them all here. See the forum for the full discussion.
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Paid-up investors take on Dubai Properties over Business Bay |
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Written by Administrator
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Wednesday, 12 August 2009 05:04 |
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Dubai Properties has become embroiled in a row with investors surrounding a Dh3 billion (US$817 million) development, after demanding final payment before the project was ready to hand over.
The dispute involves the Executive Towers development at Business Bay, a collection of 11 high-rise buildings containing more than 2,200 luxury apartments.
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Last Updated on Wednesday, 12 August 2009 05:09 |
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Read more... [Paid-up investors take on Dubai Properties over Business Bay]
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You need to login or register to post comments. Discuss this item on the forums. (4 posts)Discuss (4 posts)
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Re:Paid-up investors take on Dubai Properties over Business Bay
Aug 01 2010 19:22:33
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Paid-up investors take on Dubai Properties over Business Bay
Aug 04 2010 12:30:45
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#5083 |
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Paid-up investors take on Dubai Properties over Business Bay
Aug 18 2010 18:48:59
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#8547 |
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Paid-up investors take on Dubai Properties over Business Bay
Aug 19 2010 20:54:08
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#8598 |
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Survey shows 190 Hydra investors want legal action |
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Written by Administrator
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Wednesday, 12 August 2009 04:47 |
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Close to 50 per cent of the 380 members of Hydra Investor Group favour taking a collective legal action against Hydra Properties than an independent approach, according to the group.
In an online survey conducted by the group, 45.5 per cent of the members (only 50 per cent responded to the survey) said they have legitimate objections to terms/understanding of any agreement and require legal assistance to uphold their understanding of the agreement and then proceed with purchase in Hydra Villa Abu Dhabi project.
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Last Updated on Wednesday, 12 August 2009 05:08 |
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Read more... [Survey shows 190 Hydra investors want legal action]
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Discuss this item on the forums. (4 posts)
Discuss (4 posts)
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Re:Survey shows 190 Hydra investors want legal action
Aug 01 2010 19:26:16
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Survey shows 190 Hydra investors want legal action
Aug 04 2010 12:32:23
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#6663 |
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Survey shows 190 Hydra investors want legal action
Aug 18 2010 18:49:51
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#8548 |
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Dh150,000 company start-up hurdle axed |
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Written by Administrator
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Tuesday, 11 August 2009 05:02 |
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The Dh150,000 capital requirement for start-up companies has been scrapped by the Government to help small businesses get off the ground without the burden of expensive red tape.
The change is expected to provide a boost to small and medium-sized limited liability firms which have been among the hardest hit by the global financial crisis.
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Last Updated on Tuesday, 11 August 2009 05:03 |
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Read more... [Dh150,000 company start-up hurdle axed]
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Discuss this item on the forums. (1 posts)
Discuss (1 posts)
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Dh150,000 company start-up hurdle axed
Aug 18 2010 18:52:43
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#8551 |
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Off plan property sales 'dead' - real estate MD |
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Written by Administrator
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Tuesday, 11 August 2009 04:57 |
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Off-plan property sales are ‘dead’ and prices continue to slide, Mohanad Alwadiya, managing director of property adviser Harbor Real Estate has said.
While he said there were signs of stablisation of completed properties in areas such as downtown Dubai and the Palm Jumeirah, Alwadiya said investors lacked confidence in the off-plan market, where prices have slid up to 50 percent since the emirate’s property collapse last September.
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Last Updated on Tuesday, 11 August 2009 04:58 |
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Read more... [Off plan property sales 'dead' - real estate MD]
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Discuss this item on the forums. (76 posts)
Discuss (76 posts)
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Re:Off plan property sales 'dead' - real estate MD
Aug 06 2010 14:30:36
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Off plan property sales 'dead' - real estate MD
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Off plan property sales 'dead' - real estate MD
Aug 25 2010 20:44:09
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#8611 |
There are too many comments to list them all here. See the forum for the full discussion.
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Dubai hotel tariffs to go up by 30% in Q4 |
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Written by Administrator
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Monday, 10 August 2009 04:14 |
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After witnessing up to 60 per cent drop in average room rates for almost a year, Dubai hotels will see rates increasing by up to 30 per cent in the fourth quarter of this year, according to a senior executive at CBRE hotels.
"Between October 2009 and January 2010, the average room rates for Dubai hotels will go up by at least 20-30 per cent from their current levels," Amine Hamdani, Vice-President, Fund Advisory and Indirect Investment, CBRE Hotels, told Emirates Business.
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Last Updated on Monday, 10 August 2009 04:20 |
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Read more... [Dubai hotel tariffs to go up by 30% in Q4]
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Discuss this item on the forums. (221 posts)
Discuss (221 posts)
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 14 2010 15:42:16
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Aug 14 2010 17:11:17
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#7718 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 15 2010 01:11:09
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#7814 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 15 2010 09:27:58
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#7925 |
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NEWsECWKwo
Aug 15 2010 11:21:50
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#7946 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 15 2010 16:55:55
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#8011 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 16 2010 23:26:35
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#8092 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 17 2010 03:57:16
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#8119 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 17 2010 09:05:07
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#8171 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 17 2010 09:06:37
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#8175 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 17 2010 11:26:33
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#8195 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 17 2010 11:58:24
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#8202 |
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IqBSfLZoumr
Aug 17 2010 16:49:05
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#8248 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 17 2010 19:12:36
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#8266 |
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kQUvwHFrNnvHYEcTUdw
Aug 18 2010 01:01:31
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#8339 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 18 2010 01:46:30
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#8352 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 18 2010 07:54:11
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#8417 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 18 2010 13:43:42
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#8489 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 18 2010 14:22:46
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#8500 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 18 2010 15:25:40
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#8512 |
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Dubai hotel tariffs to go up by 30% in Q4
Aug 18 2010 18:54:15
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#8553 |
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Re:Dubai hotel tariffs to go up by 30% in Q4
Aug 19 2010 08:35:01
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#8588 |
There are too many comments to list them all here. See the forum for the full discussion. |
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