Coldwell Banker

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...

21 March, 2013
UAE weather forecast: Rain, clouds, drop in temperatures
Residents can expect rain on Thursday evening and Friday morning. According to the official weather forecaster of UAE, National Center of Meterology & Seismology (NCMS), unstable weather conditions will prevail in the country. The weatherman...

20 March, 2013
Greens’ rent higher than Marina
One-bed apartment in Discovery Gardens at up to 45,000. It’s official. Rentals of apartments in The Greens rose the highest, outperforming Dubai Marina and Downtown Dubai, the two communities that saw the highest transaction activity and price...

20 March, 2013
The Palm costliest in Dubai to rent villa
Jumeirah Islands, Arabian Ranches next costliest. Palm Jumeirah is now the costliest community to rent a three- or four-bed villa in Dubai, followed by Jumeirah Islands and Arabian Ranches, according to the latest Real Estate Regulatory Agency’s...

18 March, 2013
Rera rent index 2013 update: Greens’ apartments higher than Marina, Downtown Dubai
Prices for one-bed apartment in Discovery Gardens at Dh35,000-45,000 pa. It’s official. Rentals of apartments in The Greens rose the highest, outperforming Dubai Marina and Downtown Dubai, the two communities that saw the highest transaction...

18 March, 2013
Dubai luxury villa prices up 20% in 2012
Emirate rebounds on back of resurgence in demand. Property prices in Dubai rose the second highest globally, registering a 20 per cent increase in 2012, a new global report has confirmed. “Dubai stands out with strong growth of 20 per cent in...

17 March, 2013
UAE weather forecast: Fog lifts to 37deg C heat
Even as the ffoggy conditions - that have saw parts of the UAE enveloped in mist during the weekends - lifted, the National Centre for Meteorology and Seismology has forecast temperatures in some areas already beginning to head towards 40 deg C. The...

17 March, 2013
UAE cities world’s 5th-best managed, better than US, Europe
Singapore, Hong Kong, Switzerland and Sweden best at managing cities in 2012: IMD’s World Competitiveness Centre. With fast rising populations, governments around the world are facing the uphill task of managing cities to meet basic...

17 March, 2013
Dubai to get first vehicle of Sufouh Tram in December 2013
Al Sufouh Tram will be linked with Metro and Monorail of Palm Jumeirah. Mattar Al Tayer, Chairman of the Board and Executive Director of the Roads & Transport Authority (RTA), hs announced that the first vehicle of Al Sufouh Tram will arrive...

13 March, 2013
What Dh1 million can buy you on Dubai’s Sheikh Zayed Road?
JLT and Business Bay offer a variety of options to investors. In one of his annual shareholder letter, Warren Buffett, Chairman of Berkshire Hathaway said: “Home ownership makes sense, particularly at ‘today’s lower prices and bargain interest...

12 March, 2013
Salman Khan investing in mega tourism project in Dubai
Developer of the project in Dubailand says talks are on with the Bollywood superstar. Bollywood superstar Salman Khan is not only looking at buying an apartment, but he is planning to invest in a tourism project in Dubai. “We are in talks with...

12 March, 2013
Property prices: Dubai more affordable than Monaco, Hong Kong, Mumbai
Prime luxury property prices in emirate have risen by over 20 per cent in 2012. Prices of Dubai’s prime luxury properties have risen by over 20 per cent in 2012, but purchasing a property in the emirate is far too inexpensive compared to the top...

12 March, 2013
Dubai tenants drill away security deposits as landlords cash cheques for damage
Landlords say they are within their rights and tenants have to repair or pay for any damage to the apartment. When Stephen Johnson vacated his one-bed apartment in Dubai Marina, little did he know that he would never get his security deposit of...

12 March, 2013
Service charge hiked by up to 37% at world’s tallest Burj Khalifa
An owner of a full floor (residential) will pay just close to Dh1 million in 2013. Service charges for residential and corporate units in Burj Khalifa, the world’s tallest tower, have been increased by 27 per cent and 37 per cent, respectively, for...

12 March, 2013
It’s official: Dubai’s peace dove is the world’s biggest
19X19m white dove made up of 1.2 million buttons with the colours of the UAE flag. The organising committee of the forthcoming region’s first-ever Peace and Sport Middle East Forum received an official Guinness World Records for making the...

10 March, 2013
Paramount-branded hotel to be built in Dubai
$1billion five-star hotel and branded serviced hotel residences in Burj Khalifa Area. Berlin: Property developer Damac on Wednesday announced the launch of ‘Damac Towers by Paramount’ in Dubai. The develpoment will comprise a 540 key Paramount...

10 March, 2013
10 million Dubai visitors in 2012 a record
9% jump in city guests results in 18% increase in hotel revenues. Dubai: Dubai welcomed a record over 10 million visitors in 2012, marking a 9.3 per cent jump from the previous year, boosting hotel revenues by 18 per cent to Dh18.82 billion in the...