Tag: Real Estate
“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...
Property prices in Dubai competitive worldwide
Property prices in Dubai are much lower compared to the other metropolis worldwide like Hong Kong, London, Moscow, Paris and New York.
Data stated by...
DAMAC puts on hold expansion plans
Focus on Dubai Projects
Property developer Damac have announced profits of Dh500 million for the first nine months of this year, reported Gulf News...
New law will regulate Abu Dhabi’s real estate market
Abu Dhabi Department of Municipal Affairs is preparing a new draft law to regulate the real estate market in the emirate, according to Dr...
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....
Financial Stability Unit established by the Central Bank
According Zawya Dow Jones and Emirates Business 24/7, UAE's Central Bank has set up a new task force to help the country’s financial industry...
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...
Permanent property exhibition centre established
Property Outlet a concept of 24 Group
24 GROUP, outdoor media specialists and exhibition stand builders, is establishing a permanent exhibition centre where real estate...
Government takes measures to protect the real estate sector
On Sunday the Dubai Government formed a high-level committee to tackle the impact of the financial crisis on the emirate's property market. The committee...
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...
Zayed Housing Program launches its first magazine ”Iskaan”
Sheik Zayed Housing Program has launched a specialised magazine to discuss housing issues.
Acting Director General of the ZHP said that the magazine,...
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...
DREI announces region’s first graduate programme
Dubai Real Estate Institute (DREI), the region's first specialised real estate institution, today announced the launch of its latest graduate programmes, which will encompass...