Coldwell Banker

23 May, 2013
Which are the three costliest apartments in Dubai?
Dh24m Le Reve unit sale tops costliest Q1 apartments deals in Dubai. It’s the “dream” tower of the rich. Le Reve, which means “The Dream” in French, in Dubai Marina has registered the top three costliest apartment transactions of the first quarter...

22 May, 2013
Dubai’s TECOM shakes up real estate business
TECOM Investments, a wholly-owned subsidiary of Dubai Holding, has announced a new operational structure it says will help it develop further its business parks. The company said in a statement that the implementation of the new structure would...

22 May, 2013
Dubai’s 10 biggest villa deals: Emirates Hills villa tops at Dh36.5m
Of the top 10 transactions registered by DLD in Q1, seven were in Emirates Hills and three in Palm Jumeirah. Property prices in Dubai are on the upswing, especially in the villa market, with prices rising by 20 per cent last year. Data shared...

21 May, 2013
Tour the Luxury Miami Home of Kim and Kourtney Kardashian
Whether you love them or hate them, there’s no denying that Kim Kardashian and her family have made a name for themselves. And they have ridiculously nice taste in homes. Proof of the latter can be seen from our friends over at NBC’s LXTV Open House...

21 May, 2013
Damac mega project will be Dubai Beverly Hills
Luxury Middle East developer Damac Properties says its new master plan development centred around a golf course “deserves to become the Beverly Hills of Dubai”. Located near Arabian Ranches and Dubai Polo and Equestrian Club, Akoya by Damac will...

20 May, 2013
Escrow accounts cannot be attached: Dubai Land Dept
This means developers will have access to funds and a single legal dispute will not stop funding to a project. In the first of its meeting in years, the Dubai Land Department (DLD) answered queries of developers to even assuring them that “escrow...

15 May, 2013
Best bets: properties to look out for in 2013
Figures reveal that the UAE real estate market is on the upswing. We spotlight the top properties that have been instrumental in driving up the numbers. Following an admirable recovery, sentiment in the UAE’s real estate market is more positive...

15 May, 2013
Expo 2020: Why Britain is backing Dubai
The emirate is not only a city of Arabia, but of the world, a global hub where cultures, ideas and people from around the planet meet. The story goes that when the Crystal Palace was unveiled in Hyde Park in 1851, at the start of the Great...

13 May, 2013
New law for Dubai property registration fees on warehouses
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued a law altering registration fees for property transactions on warehouses. He issued in his capacity as the Ruler of Dubai, law No.2...

12 May, 2013
Delinking valuations from real estate cycles
Valuations should be based on solid surmises rather than led by demand spikes. “It usually takes five or six years to recover from a downturn” — such a statement was repeatedly used by many after the Dubai property market’s decline in 2008…...

12 May, 2013
Retail leads UAE’s commercial property prospects
Upward mobility recorded by other markets though weakness continues in Europe. London: The recovery trend in the global commercial property sector is expected to persist during the second quarter of 2013, with a progressive increase in both,...

12 May, 2013
Dubai to reach 1m cruise tourists by 2020
The Dubai Cruise Terminal expects to welcome 420,000 cruise passengers this year. Dubai: In line with the recently revealed Dubai Department of Tourism and Commerce Marketing’s (DTCM) tourism vision for 2020, of 20 million tourists a year, Dubai...

07 May, 2013
Dubai’s DPG plans new JBR hotel and beach club
Dubai Properties Group (DPG) has unveiled plans to revamp JBR’s popular ‘The Walk’ retail and hospitality venue, including installing escalators to entice visitors up to the plaza level and a new hotel and beach club along the beachfront. As part of...

07 May, 2013
Damac to build Dh150m golf course in $2.5b Akoya project
Damac to tie up with Donald Trump on luxury golf club. Damac Properties has announced plans to develop an 18-hole PGA Championship golf course worth Dh150 million in collaboration with Donald Trump at the heart of its $2.5 billion ‘Akoya by Damac’...

07 May, 2013
Dh100m sales at Pinoy Property Show
More than 3,000 visitors participated in the exhibition, which lasted over three days. Pinoy Property Show concluded Dh100 million worth of sale from the three-day exhibition with over 3,000 visitors attending the expo. The success of the event,...

05 May, 2013
111-storey tower coming up on Dubai’s Sheikh Zayed Road
Project expected to be launched in next six weeks, says Meydan Chairman. Dubai’s Meydan Group will launch Meydan Tower, a 111-storey high tower, on Sheikh Zayed Road in the next six weeks, Emirates 24|7 can reveal. “We launch the tower in the next...

05 May, 2013
Emaar ‘considering’ tower higher than 1km-tall Kingdom Tower
Will Dubai also be home to the next tallest tower in the world? Dubai can accommodate a tower taller than Burj Khalifa, said Mohammed Alabbar, Chairman of Emaar Properties. Dubai is already home to the world’s tallest tower Burj Khalifa, which...

30 April, 2013
Palm’s Anantara units on sale
Strong demand anticipated for phase 1 of freehold apartments. Dubai-based developer Seven Tides has announced the release of the first phase of apartments for sale on Wednesday May 1, as part of the exclusive Anantara Residences Dubai, on the...

30 April, 2013
Buyers ‘happy’ despite late delivery, says Nakheel
Indebted Dubai developer Nakheel said that most of its customers are “happy” to receive properties they have bought, even if delivery has been delayed by several years, according to a senior company executive. So far this year the real estate firm...

29 April, 2013
Dubai’s Emaar reserves Dh1m Mira units for government staff
Registration starts on Tuesday; number of units and prices not disclosed. Dubai’s Emaar Properties has for the first time exclusively reserved units for government employee in its new master development Mira at Reem, according to the company...