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“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...

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...

Global property sales for the last three months of 2008 down...

Dubai saw sales volume more than double in 2008 Middle East Q4’08 property sales down 62% over Q4’07 Real Capital Analytics, Inc. (RCA) is an independent...

Property sales in Dubai and Abu Dhabi stand still

Real estate Industry shrinks Property Consultants loose jobs Property sales in Dubai and Abu Dhabi have come to a near standstill, according to real estate industry...

Global economy enters recession

According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...

Aftershock impact of financial crisis on manufacturing, financial and real estate...

Business ownership structure in UAE differs from that in the Western countries. About 95 per cent of the local companies are small and medium-size family enterprises.

Bargain Property Hunters

Dubai property broker was approached  yesterday by two clients who are ready to purchase property right now. The first one is looking for 2 bedroom...

Crisis Frustration hits the Real Estate Sector

The global recession or depression is well on the way as the financial crisis hits stock markets and banks all over the world and...

Financial Crisis for real

Warren Buffet's tenet: "Be fearful when others are greedy... (and vice versa)" While many will say that the Middle East shouldn’t pretend its not happening,...

Sovereign Wealth Funds could invest as much as $725b in real...

Sovereign Wealth Funds could, potentially, invest as much as $725 billion over the next seven years, states a new report by CB Richard...

Why should we hire a real estate agent?

With so much information readily available online, trough magazines and newspapers, one could wonder: "Why should we hire a real estate agent?". We can...

75% of property purchases in Dubai are for investment purposes

In a worldwide economic crisis confidence in the economy can quickly vanish, as potential buyers are  waiting and estimating how much further the market...

Real estate market withnesses distressed sales driven by cash and debt...

Dubai's freehold market may have entered a period of consolidation as financially strong investor-developers target the land and property assets held by the land...