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Villas in Dubai are garnering an increased demand from potential tenants as rentals grow to be economical. "Villa leases are looking very engaging at the moment. With an extra supply of villas to enter ...
Tuesday, 22 June 2010
Seems like iPhone OS4 -iOS4 is ready for the general public. So tune in to iTunes 9.2  and start downloading. And lets see if Apples servers can take the pressure. My iPhone 3GS is updating ...
Tuesday, 22 June 2010
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 ...
Wednesday, 12 August 2009
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 ...
Wednesday, 12 August 2009
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 ...
Wednesday, 12 August 2009
6. No distress sales at Dubai property auction
(News/UAE Dubai Property News)
Even though auction agencies across the world have revealed a significant rise in the number of distressed sales in auction rooms, none of the properties that have been auctioned so far in Dubai come from ...
Wednesday, 12 August 2009
Dubai-based information technology resellers face a tough time as business margins fall by about 50 per cent due to rising costs and increasing number of expats returning to their countries. Majority ...
Tuesday, 11 August 2009
... economy and make up the bulk in terms of employment,” said Robert McKinnon, the head of research at Al Mal Capital, a Dubai-based investment bank. “This is a step in the right direction.” Under new rules ...
Tuesday, 11 August 2009
9. Off plan property sales 'dead' - real estate MD
(News/UAE Dubai Property News)
... 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 ...
Tuesday, 11 August 2009
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 ...
Monday, 10 August 2009
11. Landlords offer 'plug and play' offices
(News/UAE Dubai Property News)
Landlords looking to lease their offices as soon as possible are cashing in on the 'plug and play' concept in Dubai these days. Tenants get fitted-out offices and can start operations from day one without ...
Monday, 10 August 2009
Dubai: Dubai World, the city's global investment conglomerate, on Wednesday announced that it has suspended several of its planned projects. "Dubai World has put on hold a number of projects until ...
Wednesday, 05 August 2009
Dubai: The Dubai public prosecution has referred Abid Al Boom, owner of Abid Al Boom Management and Development Properties, and his partners to the Dubai court of misdemeanour on charges of breach of trust, ...
Wednesday, 05 August 2009
Real estate companies in Dubai may start hiring again when they re-launch some of the projects in fourth quarter or early next year, according to a recruiting consultancy. "Companies in the region have ...
Wednesday, 05 August 2009
15. Standardised property laws needed in UAE
(News/UAE Dubai Property News)
... and to do so, liquidity and trust coupled with proper and harmonised legal infrastructures need to be in place. Stephen Ballantine, a senior legal consultant at Galadari and Associates' Dubai office, ...
Wednesday, 05 August 2009
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, issued law No 14 for 2009 regarding the pricing of government services in Dubai. ...
Wednesday, 05 August 2009
Gold jewellery sale volumes in Dubai fell around 40 per cent in July on a year ago, as the economic downturn and the summer heat deterred tourism, retailers said. Tourists are a large part of the market ...
Wednesday, 05 August 2009
18. Arabian Tower investors seek cancellation
(News/UAE Dubai Property News)
A group of investors, claiming two-third majority, has twice petitioned Dubai's Real Estate Regulatory Agency (Rera) for cancelling Arabian Tower project in Jumeirah Village. MF Khan, a spokesperson for ...
Wednesday, 05 August 2009
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, issued a decree setting up a judicial committee to liquidate the assets of debtor ...
Tuesday, 04 August 2009
Dubai: A man was allegedly murdered in Dubai International Airport's parking area in a bid to cover up a fraud case. The Dubai Court of First Instance is looking into the case of SH.D. and T.A., the ...
Tuesday, 04 August 2009
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