1. Demand rises for Dubai villas as rents get cheaper
(News/UAE Dubai Property News)

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 ...

2. Surplus residential units in Dubai may hit 31,000 by year-end
(News/UAE Dubai Property News)

... returns and easy liquidity led to peak transaction volumes for Dubai property in 2008. Transactions peaked in May 2008 but it took two more quarters to sink into the market fundamentals. As the financial ...

3. Paid-up investors take on Dubai Properties over Business Bay
(News/UAE Dubai Property News)

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 ...

4. Ajman realty regulator cracks the whip
(News/UAE Dubai Property News)

... said Omar Al Barguthi, Director-General, Arra. According to SPAs signed previously between the developer and the investor, the former has the right to forfeit the property of the latter if he/she fails ...

5. No distress sales at Dubai property auction
(News/UAE Dubai Property News)

... distressed sellers. As a result, none of the sellers, who have auctioned their property in the city, have taken a cut. "We categorise sellers into three types: elective, motivated and distressed," ...

6. Off plan property sales 'dead' - real estate MD
(News/UAE Dubai Property News)

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 ...

7. Is this a second crash?
(News/Latest)

From Arabian Business: Everyone I meet is wondering the same thing: are we in the middle of a second property crash? Has anyone really got a clue? Okay, let me declare a few things first: I am no expert. ...

8. Dubai World puts projects on hold
(News/Latest)

... to invest more than $1.5 billion (Dh5.5 billion) over five years. Since the credit crunch and the property sector taking a nose-dive at home base, the company has decided to consolidate its losses before ...

9. Realty firms may restart hiring in Q4 or early 2010
(News/UAE Dubai Property News)

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 ...

10. Standardised property laws needed in UAE
(News/UAE Dubai Property News)

The UAE needs standardised local and federal property laws to help the sector get back to its feet, analysts told Emirates Business. Analysts said only consumer confidence can kick-start the sector, ...

11. Property prices may drop further as the sector is yet to bottom out
(News/UAE Dubai Property News)

... of Gulf Merchant Bank, said the property sector will still see a more reasonable correction as the real estate market has not yet bottomed out. "Comparing the correction in the largest cities in Mena ...

12. Investors take great leap of faith
(News/UAE Dubai Property News)

Consolidations of properties and mergers between developers have made the sector a rapidly changing, complex one for investors. Some developers are encouraging investors to gather their purchases in one ...

13. Dubai house prices down 9% in Q2 - Colliers
(News/Latest)

The rate of decline in Dubai house prices slowed in the second quarter with values falling 9 percent, Colliers International said on Monday. The real estate consultancy put the housing market’s better ...

14. Dubai property rent at lowest level in three years
(News/UAE Dubai Property News)

  Property rents in Dubai are at their lowest level for three years and could drop even further, it has been reported. Tenants can now rent a studio apartment in International City for as little as ...

15. Damac accused over selling flats on UN site in Dubai
(News/UAE Dubai Property News)

A UK lawyer has accused Dubai property group Damac of selling off-plan units on a plot which it knew was occupied by the United Nations (UN). The UN has a considerable presence in Business Bay - and ...

16. Dubai Q2 apartment rents fall by 16-26%
(News/UAE Dubai Property News)

... report on Dubai property market.   Dubai Q2 apartment rents fall by 16-26%  ...

17. Abu Dhabi rents fall to compete with Dubai
(News/UAE Dubai Property News)

... 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. ...

18. Land prices around capital fall 40%
(News/UAE Dubai Property News)

  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 ...

19. Real estate brokerages ignore Rera regulations on advertising
(News/UAE Dubai Property News)

  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 ...

20. Dubai Marina Terrace Debtors price: dishonour
(News/UAE Dubai Property News)

... occupants failed to cough up. Owners have two weeks to pay, the notices said. After that, anyone living in the property could be penalised. The association said the delinquent owners, more than half ...