Tag: Real Estate
Dubai Debt Crisis will affect Property Industry
Dubai’s debt crisis has weakened investor confidence and will hurt the property industry in the United Arab Emirates in 2010.
The Dubai government’s announcement of...
Dubai house prices ‘likely to extend fall’
Oversupply in Dubai's once-booming property sector will continue to send prices lower in the short term, Jones Lang LaSalle said on Sunday.
"The oversupply situation...
Property Sector worldwide in critical condition
Trillions of properties worldwide acquired or refinanced after this point in early 2004 have lost value since the transaction. Many of these properties, typically...
Global Real Estate Market in Review
No Rebound, but little room left to fall
Global transaction volume continues at a remarkably sluggish rate, accordig real estate market analysts worldwide. Although...
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...
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...
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...
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...
DAMAC introduses new payment plans
Property Consultant from DAMAC Properties told DubaiChronicle.com that the company is introducing new more flexible and affordable payment plans, along with various discounts....
Mortgage Glossary
MORTGAGE
A written document, in the form of a temporary conditional contract, taken by a lender as security for the repayment of a loan.
PRE-APPROVAL
A commitment...
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...
All property purchases in Dubai must be registered with the Land...
RERA, Dubai's Real Estate Regulatory Authority, has been reportedly putting systems and regulations in place to ensure more orderly growth of the freehold property...
Court for property-related cases
Dubai will set up a court that will deal exclusively with property-related cases from September, a top judge of Dubai Courts said.
"The Property Court...