GCC Real Estate Outlook – 3rd Quarter of 2012

Dubai’s Property market showing signs of recovery; still far from the peak in 2008 Real estate oversupply remains a major concern across markets in the...

Global Consumer Confidence Increases One Point in Q3

Sixty-Two Percent of Global Respondents Say They Are in a Recession; Sixty-Nine Percent Are Changing Spending Habits to Save More Global consumer confidence increased one index...

New mega project announced in Dubai: Mohammed Bin Rashid City

According to the emirates official news agency, today in Dubai, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin...

Emaar launches new premium ‘CASA’ villa community

CASA to feature six types of Moroccan style three and four-bedroom villas Highlight of the new development is a world-class health club, recreation centre and...

4th phase of Madinat Jumeirah may be completed by 2015

Dubai is a global tourist destination where development process never ends The development of tourism infrastructure in Dubai matches UAE’s growing position as an international...

UAE’s Indian expats look to invest in property back home

Downfall of the Indian rupee stirred the property interests of expat Indians residing in the UAE. Now they can buy real estate worth even...

Over three thousand real estate brokers registered in Dubai

The total number of real estate brokers registered in Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (LD) have reached...

Cash property investment yields reasonable income in Dubai

Recently, an anonymous 45 year old financial advisor purchased a two-bedroom apartment in Downtown Dubai. When he appeared at the closing, he brought a cheque...

Dubai records double digit property price growth, Prime Global Cities Index

The index rose by 1.1% in the three months to September, down from 1.4% last quarter Prime prices across the 26 cities tracked by the...

Cosmopolitan cities need to explore shoebox apartment concepts

Building of more small housing units may solve the problem with accommodation shortage in cosmopolitan cities across the world, according to Savills, an...

Few paused real estate projects in Dubai to be resumed

Tanmia initiative to undertake three shelved-off projects The Dubai Land Department’s initiative Tanmia will resume a number of previously stopped projects in Dubai. Some of...

Financial systems across the world are stalling

World Economic Forum Financial Development Report 2012 shows that financial systems across the world are stalling Hong Kong tops the Financial Development Index; top six...

Dubai among best investment destinations worldwide

Dubai is is among the 25 most profitable destinations for hotel investment in 2012. The list was put up together by an international panel...

Emaar Properties reports first nine months of 2012 results

Emaar Properties reports net operating profit of AED 1.607 billion (US$ 438 million) in first nine months of 2012 Revenue for first three quarters of...

Doing business in UAE gets easier, but investors protection is a...

The annual report by the World Bank and IFC, Doing Business 2013, measures 185 economies on the ease of starting and operating a local...

Dubai Land Department introduces “my e-licenses” program for real estate brokers

The Government of Dubai Land Department ( LD ) has launched the real estate e-licenses program. The program is part of service package introduced...

Global house prices still falling, IMF

Global residential property prices are still declining in a number of countries four years after the downturn and the peak of the property bubble,...

Global commercial real estate investment volumes decline by 8%, report

Global commercial real estate investment volumes at US$96bn in Q3 2012 Strong performance in major global property investment markets continues despite 8% total volume decline...