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Developers urged to build awareness on strata law

60% of developers still unprepared for the law, says Peter Crogan, CEO of BCS Strata Management Services Though strata management is making its way...

Unified Real Estate Regulatory Authorities in the pipeline

As Dubai Real Estate Regulator Authority (RERA) continues introducing new laws and regulations aiming to streamline the emirate's real estate sector and protect all...

FNC recommends to reduce the dependence on the foreign labour

Introduction of quota for non-Arab Labour Implementation of Federal Law for property ownership Changes in regulations and fees for family and domestic help sponsorship The Federal National...

DED and RERA sign co-operation agreement to facilitate licensing procedures for...

The Dubai Department of Economic Development (DED) and Dubai’s Real Estate Regulatory Authority (RERA) have signed a co-operation agreement to facilitate all licensing...

Property Prices Roundup

It is no secret to any one that property prices are falling. Through the mail are coming many offers, some of which are listed...

New online tenancy contract registration

Rera recently urged tenants and landlords to register tenancy contracts online from January 1, 2009, to develop a comprehensive rental index that will help...

Apartment service charges in JBR increased by 129 percent

Apartment owners on Dubai’s Jumeirah Beach have been hit with a massive increase in service charges. Salwan Property Management, a subsidiary of the project...

The Wave, Muscat Wins 5 Prestigious International Property Awards

The Wave, Muscat has won top accolades at Homes Overseas Awards held in London. Homes Overseas, one of UK’s leading international property magazines,...

Property prices in Dubai competitive worldwide

Property prices in Dubai are much lower compared to the other metropolis worldwide like Hong Kong, London, Moscow, Paris and New York. Data stated by...

Nakheel announced job cuts

Dubai's master developer, Nakheel, announced that it was scaling back work on some of its projects and that it has adjusted it staffing requirements...

Emaar Middle East launches Enterprise Resource Planning system to optimize project...

New system to strengthen sales & financial management and growth plans Emaar Middle East, the business subsidiary of Emaar Properties PJSC focused on various...

DAMAC puts on hold expansion plans

Focus on Dubai Projects Property developer Damac have announced profits of Dh500 million for the first nine months of this year, reported Gulf News...

New law will regulate Abu Dhabi’s real estate market

Abu Dhabi Department of Municipal Affairs is preparing a new draft law to regulate the real estate market in the emirate, according to Dr...

‘Dubai Smile’ to become the seventh crossing across Dubai Creek

His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the design of the seventh crossing (Dubai Smile) across Dubai Creek, reported...

DAMAC introduses new payment plans

Property Consultant from DAMAC Properties told  DubaiChronicle.com that the company is introducing new more flexible and affordable payment plans, along with various  discounts....

Permanent property exhibition centre established

Property Outlet a concept of 24 Group 24 GROUP, outdoor media specialists and exhibition stand builders, is establishing a permanent exhibition centre where real estate...

Land Department says developers entitled to 30% of paid amount if...

The Land Department in Dubai established an interpretation for article no (11) of law no. (13) for the year 2008 in regards to...

Strata Law to build real estate confidence says BCS

Regulatory improvements in the real estate sector like the new strata law, will help shore up investor confidence in UAE real estate and...