Construction of 10 buildings in Dubai Design District already underway
Following the announcement made on Saturday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President and Prime Minister and Ruler...
Dubai Mall commences massive expansion work to welcome 100 million annual...
The massive expansion of The Dubai Mall, the world's largest shopping and entertainment destination has commenced in preparation to welcome over 100 million...
New Dubai Design District to be adjacent to Business Bay
Dubai strengthens position as a Centre for Fashion, Design and Luxury
The Vice President and Prime Minister of the UAE and Ruler of Dubai,...
GCC Real Estate in Q1 of 2013
· Markets continued to maintain uptrend in 1Q13
· UAE and Saudi markets continue to lead while Kuwaiti market catches up
· Government support & improved...
UAE Central Bank Postpones Direct Debit System
The adoption of a direct debit system from accounts of consumers will be deferred with two months. That was announced by UAE Central Bank...
Is it the right time to buy a home in UAE?
Property rents in the UAE rose slightly in the past one year, although the availability of vacant units is large. As a result,...
Slight correction in pricing, hints Dubai’s real estate agency boss
In a recent interview for a new property-dedicated print magazine, Sean McCauley, director - agency services at Astico Property Managements, hints a slight correction...
Consumer confidence declined among Middle Easterners
Consumer confidence declined in four of six Middle East and Africa markets in Q1 2013, reflecting negative sentiments about personal finances and job prospects,...
Rents in Downtown Dubai fall faster than expected
On May 13, DubaiChronicle.com published an article exploring the probability of rents in Downtown Dubai to fall during the coming summer months. A week...
Private Equity Focus Shifts From Emerging Markets
Private equity investment activity in the Americas is positioned for a solid year, while markets in Europe and Asia-Pacific tread water; this according to...
Dubai Municipality to complete 10 prestigious projects
Eng. Hussain Nassir Lootah, Director General of Dubai Municipality, has said that the civic body is in great confidence to accomplish the two ambitious...
Dubai among most popular property investment hubs, study says
Only a few days ago, Dubai Chronicle informed that Dubai was announced as one of the hottest property markets for 2012. This trend...
Signs of falling rents in Downtown Dubai
Nowadays, in the local newspapers one can read about rising rents in Dubai, both residential and commercial. Tenants are complaining of landlords who demand...
Bad for schools’ business, but good for hotels performance
School Holidays Increased Hotel Performance in Dubai and Abu Dhabi in March
A new report released by HotStats has found that this year’s spring school...
2nd among “The Hottest Real Estate Markets on Earth,” or so...
Not long ago, Forbes published a ranking called “The Hottest Real Estate Markets on Earth.” Dubai also shines on the prestigious list. Moreover,...
Dubai Sustainable City Project Starts in July
The construction of Dubai’s new grand project, Dubai Sustainable City was officially announced on Tuesday during the International Property Show. The modern eco-friendly city...
International Property Show 2013 kicks off in Dubai on April 30
The International Property Show 2013 (IPS), which kicks off in Dubai on April 30, 2013, announces that the exhibiting spaces at the show is...
Dubai Residential Market Remains Well Supplied
The positive performance of the overall residential market observed in 2012 has continued into the first quarter of 2013, according to JLL latest real...