1. UAE Developer lets buyers renegotiate price
(News/UAE Dubai Property News)

UAE Developer lets buyers renegotiate price Bloom Properties, an Abu Dhabi based property developer, says it will go back to buyers in one of its key projects and allow them to renegotiate the price ...

2. Dubai rental costs fall by a third in two months
(News/UAE Dubai Property News)

Dubai rental costs fall by a third in two months The cost of renting in Dubai has fallen by up to a third in the last eight weeks, agents said on Tuesday, as homeowners flood the leasing market amid ...

3. Dubai Rental prices dropping fast
(News/UAE Dubai Property News)

Dubai Rental prices dropping fast As we predicted almost 4 months ago, rental property is coming down in price – and prices decline fast. If you follow some of the online posting areas like Dubizzle, ...

4. Dubai house prices to fall 60% from peaks
(News/UAE Dubai Property News)

Dubai house prices to fall 60% from peaks Real estate values in Dubai could plummet by 60 percent by the end of 2009, according to UAE investment bank Shuaa Capital. Property prices in the emirate ...

5. Dubai Rental Index is not enough
(News/UAE Dubai Property News)

Dubai Rental Index is not enough No new rent cap – but government officials in RERA says they will be following the old rent cap until instructed to do otherwise. But no rent cap will be a disaster. ...

6. Dubai cancels 1,500 work permits daily
(News/Latest)

Dubai cancels 1,500 work permits daily DUBAI: An average of 1,500 work permits and visas are being cancelled in Dubai each day as companies lay off employees in the wake of the global financial crisis. ...

7. Arabian Business predicts 70% drop
(News/UAE Dubai Property News)

Arabian Business predicts 70% drop In an article today in Arabian Business, Rob Corder compares the stock market with the UAE and Dubai property market, and asks a viable question. What is the floor ...

8. Bonnington cancels Dubai project
(News/UAE Dubai Property News)

Bonnington cancels Dubai project Bonnington Land has cancelled developments on three of its plots at Jumeirah Village because of a shortage of electricity, said a company executive. A public ...

9. Room rates in Dubai see drop of up to 30%
(News/Latest)

Room rates in Dubai see drop of up to 30% Hotel room rates in Dubai are beginning to dip as the economic crisis bites into spending in the leisure and business sectors, industry insiders say.  ...

10. Dubai developer asks buyers to cover construction costs
(News/UAE Dubai Property News)

Dubai developer asks buyers to cover construction costs Property developer MiNC has sent a letter to investors in its Prodigy 1 project in Jumeirah Village, Dubai, asking them for up to 88% extra capital ...