Real Estate News at a Glance

• Deyaar postpones plans for fund to acquire distressed properties
• Limitless issues The Galleries update
• Aldar invites project partners
• Migration puts pressure on rents in Northern Emirates
• UAE office rents among the highest in 2009
• Dubai office rents plummet 34 percent
• Abu Dhabi rents seen falling further in 2010
• Dubai residential rent rates down 41%
• Union Properties confirms sale of Ritz Carlton in Dubai
• Al Qubaisi quits Aldar Properties board
• Shadows of foreclosure
• Oversupply with commercial properties in Dubai

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