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News

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  • 21 April, 2009
     Signs of recovery for the property market
    Research has shown that property listings are drying up, which is a result of property owners holding their assets for medium and long term rather than selling it at a further discount. These signs are leading us to believe that the property market...

  • 21 April, 2009
     Sheikh Mohammad visits Abu Dhabi Cityscape
    Prime Minister and Ruler of Dubai his Highness Sheikh Mohammad bin Rashid Al Maktoum visited the Abu Dhabi Cityscape yesterday. During his visit he was briefed on the progress of the major billion dollar development projects in the pipeline in Abu...

  • 30 March, 2009
     The biggest brand in real estate just got bigger!
    Just when you thought the property sector had indeed come to a halt here in Dubai, Coldwell Banker UAE, one of the biggest names in the global real estate arena has proved otherwise. Coldwell Banker UAE has shifted its head quarters to the...

  • 29 March, 2009
     Dubai Property ranked 15th most expensive in the world
    A recent study states that Dubai property is the 15th most expensive in the world with an average price tag of $7,151 per square meter. Global Property Guide, gathered and tabulated data based on the estimated price of an apartment located in the...

  • 29 March, 2009
     The Spelling mansion goes on sale for Dh550.5 million
    Coldwell Banker Previews International in LA is co-listing this extravagant property which is by far the most expensive home in the United States. It has 56,500 square feet of space on more than 4.7 acres and is the largest home in Los Angeles...

  • 26 March, 2009
     Hope for liquidity in real estate market to return shortly
    With US home sales up by 5 %, the UAE property market believes this is a positive sign of increased liquidity in the region. The Dubai Financial Market General Index gained by 4.13 percent to close at 1,622.28. The Emirates Security Market Index was...

  • 22 March, 2009
     RERA keen to boost the real estate image of Dubai
    RERA has set up a new department to be responsible for collection of payments to developers that are linked with construction progress. The Real Estate Development Trust Account Department was formed to enforce and implement the new rule that...

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