
09 April, 2013
Emaar launches 188 villas in Reem, 3-bedroom at less than Dh1 million
Sale will commence at 7am on April 13 at Emaar Sales Centre in Emaar Square, Downtown Dubai.
Emaar Properties will launch sales of 188 townhouses in Mira, the first residential community in Reem.
Located near Arabian Ranches, the Dubai developer...
07 April, 2013
Dubai property values ride on transport links
Consistent gains for communities with optimum transport connections.
The Dubai transport network has been lauded across many forums. With a combination of a metro, bus and taxi system, the city manages to make commuting possible for millions of...
07 April, 2013
Dubai Bypass Road renamed Emirates Road
Mohammad Bin Rashid renames key traffic corridor in the road network in the UAE.
Dubai: Dubai Bypass Road has been renamed Emirates Road under the directive of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of...
07 April, 2013
Storm weather hits UAE: More thunder, rain, dust, forecast today
Flights on schedule; Dubai Police warn motorists to be very careful while driving due to reduced visibility.
Thunderstorms lashed the UAE last night, capping a day of terrible weather – sand and dust storms making going outdoors impossible and...
04 April, 2013
Nakheel’s new mall fully leased
Discovery Gardens Community Centre to open early 2014.
Construction of Nakheel’s new 8,700 square metre community centre in Dubai’s Discovery Gardens is in full swing, with all 6,000 sqm of available shop space now booked by retailers and...
03 April, 2013
Dubai rents go up further by 3 to 4%
Hike only for certain areas, not across board, real estate experts say.
Renewed confidence in the economy and the real estate sector is pushing rents up further in some areas in Dubai during the first quarter of the year.
A report released by...
03 April, 2013
Dubai tenants turning into property owners
JLT poised to outperform Dubai Marina; Emirates Living is attractively valued on a relative basis to Arabian Ranches, says study.
In a major sign of growing confidence on Dubai’s residential market, the latest report claims that the Dubai tenants...
02 April, 2013
1km-plus Emaar tower in Asia?
It will be “a little taller” than 1km-high Kingdom Tower: Alabbar.
Chairman of Dubai’s Emaar Properties, Mohamed Alabbar, is looking at plans to build a 1km plus tower in Asia, according to Arabian Business.
In an interview to be...
02 April, 2013
Burj Al Arab to be lit blue in support of autism
World Autism Awareness Day on April 2.
Dubai: The Burj Al Arab, one of Dubai’s iconic landmarks, will be awash in blue light in support of World Autism Awareness Day, marked on April 2.
The day, declared by the United Nations General Assembly,...
02 April, 2013
Dubai property ‘recovering strongly’
Saudi bank cites supply overhang and tight credit issues.
Dubai’s property market is strongly recovering after reaching its lowest point since the 2008 global fiscal distress although the recovery remains uneven through the emirate’s various areas,...
31 March, 2013
More than 90% of Al Furjan villas delivered
The remaining 61 villas are due by May.
Dubai: Nakheel has delivered more than 90 per cent of villas at the Al Furjan community in Dubai. This covers nearly 760 homes, with the remaining 61 due for handover by May. In addition, all landscaping work...
31 March, 2013
New proposed limits on mortgage loans to have less impact on UAE economy
Original cap put forward would have had a ‘negative impact’ on growth across the country.
he Central Bank’s new limits on mortgage loans discussed last week may save Dubai and the UAE a potential GDP loss of up to 5.71 per cent and 1.43 per cent...
31 March, 2013
Online travel bookings on the rise in Middle East
More customers are leaving traditional travel agents.
Dubai: Travel websites are increasingly becoming prime destinations for Middle Eastern travellers to browse and book flights.
According to a report by global travel market research company,...
31 March, 2013
Abra route launched at Burj Khalifa waterfront as RTA embarks on major marine expansion across Dubai
Several ferry, water bus and Abra routes added to the network.
Dubai: In a major overhaul of the marine transportation in Dubai, the Roads and Transport Authority (RTA) has launched several new routes, even as more abras, waterbuses and ferries are...
25 March, 2013
Dubai property investment drops
Burj Khalifa is best-selling unit with 1,026 sales transactions.
Dubai: The total number of overall property investors has dropped steadily in the last three years but the value of transactions increased in 2012, data from the Dubai Land Department...
25 March, 2013
Women invest Dh13.3b in Dubai real estate market
Spend Dh13.3b on property in Dubai last year, making up 23% of the market.
Dubai: Female investors spent Dh13.3 billion on property in Dubai last year, representing 23 per cent of the emirate’s real estate market.
According to data from the Dubai...
24 March, 2013
News You Can Use: Your step-by-step guide to taking a mortgage in Dubai
While the statistics show that the majority of property purchases in Dubai are in cash, taking a mortgage is still a key part of investing in property in the emirate.
In fact, nowadays mortgage advisors are calling residents advising them to apply...
24 March, 2013
Meydan,G&Co launch ‘Millennium Estates’ villa development
Meydan and G&Co on Thursday announced the launch of Millennium Estates, a new luxury residential development set to occupy Meydan’s South Extension.
Construction work on the development has commenced following the ground breaking, with...
24 March, 2013
Investors readying to pick second-tier property
They could deliver even better yields than top-notch assets.
Cannes, France: Real estate investors are venturing out from the safety of the best buildings in Europe to gamble on edgier properties in a sign of risk-taking creeping back into the...
24 March, 2013
Damac Properties to develop in Dubai Maritime City
Plot on the sea-front at Dubai Maritime City will be home to a high-rise luxury tower.
Dubai: Damac Properties plans to develop prime real estate in Dubai Maritime City.
Damac’s plot of land on the sea-front at Dubai Maritime City will be home to a...