The new unofficial Dubai Rental Index released
The Dubai Real Estate Regulatory Authority (Rera) released the new rental index, which was expected to show a 10 to 15 per cent drop...
U-turn in car parking legislation
The Dubai Land Department has revised legislation that was to force residents to pay for a car parking space with newly acquired property following...
Emaar Misr launches sale of fully-finished Mivida townhomes in Views District
•Starting price at EGP1.2 million with only 5% down payment
•Two- and three-bedroom units of size 158 to 190 sq m; delivery scheduled for 2012
•Located...
Al-Wasl Real Estate inaugurated
H.H Sheikh Maktoum Bin Mohammed Bin Rashid Al-Maktoum today inaugurated the head office of the Wasl Real Estate Group in Al-Mankhoul area in Dubai,...
UAE Travel ‘&’ Tourism Sector Ranks “1st” in the Middle East...
HE Hani Rashid Al Hamli Secretary-General of Dubai Economic Council, pointed to the vital role played by the travel and tourism sector (T'&'T) in...
Escrow (Trust) Account – Explained
Escrow Account explained by consultant from Vispiron Properties
Escrow or Trust Accounts are Bank Accounts set up in the name of the project, a client...
Property Sales worldwide fell nearly 60 per cent in 2008
The latest comprehensive report Global Capital Trends™, published by Real Capital Analytics, Inc. reveals that as perceived risk increased and lending decreased throughout 2008,...
New Federal Law will grant residency visas to property owners
New federal law granting residency visas to owners of freehold property, regardless of their nationality or the size and value of the property, will...
Union Properties partners with Emirates Environmental Group
Union Properties PJSC (UP), one of the leading property developers in the United Arab Emirates has signed a Memorandum of Agreement (MOA) with the...
RERA denies media reports on Dubai real estate market
Dubai Real Estate Regulatory Authority (RERA) has denied receiving a letter signed by 300 real estate investors, developers and advocates expressing their concern over...
Bailout actions for the Real Estate Sector badly needed
The United Arab Emirates may be preparing a bailout plan for the real estate industry, said EFG- Hermes, according Bloomberg.
After the Government of...
Mirdif City Centre ushers in a unique concept in mall design
Residents and tourists in Dubai will experience one of the most welcoming and community-focused shopping malls in the region when Mirdif City Centre opens...
Dubai property developers told not to increase services charges
Dubai's Real Estate Regulatory Agency (RERA) has directed property developers in the emirate to refrain from increasing services charges during 2009, without its permission,...
“UAE property prices have fallen off a cliff”
UAE Property - Chill winds rapidly changing landscape
In it's latest report Morgan Stanley summarized what the firm considers are the most important developments in...
Important revision of the original terms of the ‘One Villa, One...
On Sunday, the Director-General of Dubai Municipality - General Hussein Nasser Lootah said in a statement that more than one family will be allowed...
Investments in UAE industries reach AED77b
The UAE has recorded strong growth in the industrial sector with total volume of investments reaching AED77 billion in 2008, according to the UAE...
Land Department to help investors rescheduling payments for properties
According an article in the Emirates Business, investors facing cash-flow difficulties can approach the Dubai Land Department for rescheduling payments for their properties.
The goal...
Dubai property prices decline
The latest report by HSBC stated that Dubai property prices fell 23% last month from their record high in September. Prices for Dubai villas...