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Written by Administrator
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Wednesday, 15 July 2009 17:45 |
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Average rents for apartments in Dubai declined by 16 to 26 per cent in the second quarter compared to the first quarter, while office rents fell on an average by 20 per cent during the same period, said a new report.
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Read more... [Dubai Q2 apartment rents fall by 16-26%]
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Written by Administrator
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Wednesday, 15 July 2009 09:36 |
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ABU DHABI: Rents in the capital have fallen sharply as a tide of residents opt instead for Dubai’s lower prices and newer buildings.
Apartment rentals in Abu Dhabi fell by up to 35 per cent between March and June.
The price reductions were further fuelled by redundancies and tenants relocating out of the city centre, according to a report published yesterday by Asteco, a property services firm. |
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Read more... [Abu Dhabi rents fall to compete with Dubai]
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Written by Administrator
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Wednesday, 15 July 2009 09:11 |
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Dubai: A senior media executive is suing an Arabic newspaper for Dh200 million in civil compensation, accusing the newspaper of libel.
The Dubai Civil Court yesterday held its first hearing in the case of the Canadian plaintiff, the CEO of a pan-Arab satellite television, who claims in his lawsuit that the Dubai-based newspaper published a defamatory article in which it alleged that he molested a lawyer.
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Read more... [Dubai court hears Dh200m libel case against Arabic daily]
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Written by Administrator
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Wednesday, 15 July 2009 09:07 |
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Business 24|7: Land prices and rents for residential and commercial units in new developments outside the capital have fallen by up to 40 per cent since the start of the year, according to real estate brokers. The drop has been seen in areas such as Khalifa City A, Khalifa City B and Mohammed bin Zayed City. |
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Read more... [Land prices around capital fall 40%]
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Written by Administrator
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Tuesday, 14 July 2009 19:40 |
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Most of the real estate brokerage companies in Dubai are ignoring Real Estate Regulatory  Agency’s (Rera) rules when it comes to newspaper advertising. A search of newspaper listings shows that even some of the top brokerage companies don’t mention their Rera registration numbers, |
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Read more... [Real estate brokerages ignore Rera regulations on advertising]
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Written by Administrator
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Sunday, 12 July 2009 11:22 |
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Residents of Marina Terrace know where their neighbours live. They know what units they occupy, they know who has pets, they know who goes to work at what time. And now they know exactly which ones owe thousands of dirham's’ worth of maintenance fees.
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Read more... [Dubai Marina Terrace Debtors price: dishonour]
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Written by Administrator
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Sunday, 12 July 2009 10:49 |
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One in 10 people in the UAE say they have lost their jobs in the past six months, according to a poll conducted for The National.
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Read more... [One in 10 UAE residents have lost their jobs]
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