Coldwell Banker

13 June, 2010
New strata norms to usher in better service expertise
New Strata Law guidelines will open the market for more newly-established specialised facilities management (FM) companies to operate in Dubai, according to industry experts. Douglas J Ralph, Managing Director, Snag & Inspect, said: “The...

08 June, 2010
Rents at Burj Khalifa start at Dh140,000
Dubai: The tallest tower on the planet has opened its doors to tenants. With the handover of the Burj Khalifa residential units now starting, the market is beginning to get a feel for how much the rent should be for the 828-metre building’s...

08 June, 2010
Burj Khalifa homes enter rental market
Dubai: Prospective tenants got a feeling for annual rents in the world’s tallest tower, as real estate agencies began marketing the first 60 units in the Burj Khalifa this week. The asking price for a studio on a lower floor with sea view...

06 June, 2010
Best rentals up for grabs in Dubai
The best rental deals in Dubai are currently available in International City, Discovery Gardens and Dubai Silicon Oasis as landlords there start to compete to rent their units, according to realty consultants. Mohanad Alwadiya, Managing Director,...

06 June, 2010
How to evaluate property value in these turbulent times
Dubai : A good dose of common sense could come in handy in setting an optimum value for a real estate asset, more so than ever in these uncertain times. “The markets are moving very fast to rely on historic data and there’s a huge gap...

06 June, 2010
Rera nod needed to collect service fees
Master developers in Dubai will be required to set up “community associations” that will take over the responsibility of operating and maintaining the master community common area and facilities, the new Strata Law guidelines...

06 June, 2010
Burj Khalifa fee ‘competitive’
A cross-section of realtors and estate agents told Emirates Business that they found the service charges for Burj Khalifa to be competitive. Matthew Hammond, Head of Agency, Jones Lang LaSalle Mena, told this newspaper: “The quoted service...

01 June, 2010
Mortgage market begins to stir back to life
After much gloom, there is finally some good news on the home-financing front. The Dubai and Abu Dhabi mortgage sectors are gradually staging a recovery, with banks lending more freely. While Abu Dhabi’s developers and lenders have hogged the...

01 June, 2010
‘Property prices in the UAE aren’t going to go anywhere until the end of 2011-1212′
Starting out as Landmark Property Consultants in 2006 and transforming into Landmark Advisory in April 2008, the real estate research and advisory body has had a challenging time over the past two years, producing regular sales and leasing reports...

31 May, 2010
Office landlords offer rent holidays to fill buildings
Office landlords in Dubai are offering increasingly attractive incentives, including rent-free periods of up to two years on five-year leases, as they compete for tenants. As new buildings were delivered in the first quarter this year, rents fell by...

31 May, 2010
Foreigners offered long leases in Al Fanar
Escan Investment and Real Estate Development, an Abu Dhabi-based real estate developer, yesterday said it will offer long-term leases of up to 100 years, and title deeds to foreigners who have 49 per cent company ownership in the UAE, for its Al...

31 May, 2010
Land Department releases Strata Law guidelines
The Land Department of Dubai released guidelines for implementing the Strata Law, which redefines the rights, responsibilities and obligations of all parties to jointly owned properties. Implementation of the guidelines, which took effect from...

31 May, 2010
Dubai housing fee to be mandatory from January 1
All occupants of residential units in Dubai will compulsorily have to pay housing fees from January 1, 2011, as the Dubai Municipality aims to bring in around 300,000 unit occupants who are evading the fees, a top government official told Emirates...

30 May, 2010
Meydan to monitor secondary market plot sale
Meydan, the developer of the world’s biggest horse-racing complex, is not stopping investors from selling their plots in the secondary market, but is ensuring that those who come on board have the capabilities to complete their projects, a top...

30 May, 2010
New rule empowers home owners in Dubai
Dubai: Dubai’s developers have six months to hand control to home owners associations (HOA) since the Land Department added the much-awaited regulations or guidelines accompanying the ‘strata law’ Wednesday. “Transparent strata...

26 May, 2010
Open House this Saturday 29th of May
Do not miss the opportunity to view exceptional property here in Dubai. Call and meet our sales agents for viewing these properties. Zeeshan Ali on 055 3362818: VI3135 – Al Reem,Arabian Ranches, 2-6 pm Tamer Hegab on 050 858 0457: AP3561 - Marina...

26 May, 2010
Dubai sees Dh94bn realty deals
A total of Dh94 billion in real estate transactions were registered in the first four months of the year, the Land Department of Dubai said yesterday. According to figures compiled by the department’s real estate sector development division,...

26 May, 2010
New residents keep property market going
Property agents and dealers in Dubai still have enough business to keep them occupied as the emirate is adding 10,000 residents to its population every month, delegates attending a lecture at the Capital Club Dubai heard yesterday. Quoting recent...

24 May, 2010
Final Nakheel deal in two weeks, UAE Contractors Association says
Dubai: A final deal over developer Nakheel’s debt restructuring offer should be completed within two weeks, the head of the UAE Contractors Association said yesterday . The developer of man-made islands has 50 per cent approval for the deal,...

24 May, 2010
The ABC of JLT
Natalie and Sean Calder are, more or less, your typical western expats in Dubai. They live in Marina Residence, adjacent to Shaikh Zayed Road in Dubai Marina, and intend to work here for a few years to save some money and then return to their...