Owners of built-in properties granted six months multi-trip entry visa
Owners of properties in the UAE can enter the country and stay up to six months as per entry permit ( a multi-trip entry...
Statement by Emaar Properties
An Emaar Properties spokesperson:
"No projects launched by Emaar Properties are currently on hold. All the developments are progressing and in line with Emaar's strategy...
“No projects by Emaar Properties on hold”
An Emaar Properties spokesperson today said none of the company's projects is on hold. Following is the statement: "No projects launched by Emaar Properties...
UAE Economic & Strategic Outlook
Since the past few years, UAE’s economy had been performing exceptionally well on the back of surge in oil prices and strong growth in...
The World
The World is a man-made archipelago of 300 islands constructed in the shape of a world map and located four kilometres off the coast...
Dubai property authorities to clarify default rules
A new real estate law amendment is to be introduced in Dubai to clarify what happens when a property buyers defaults on payments.
At present...
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...