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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 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...

The deadline for Dubai developers to register with the Land Department...

In August the Government introduced Law No 13, which regulates initial property registration in Dubai. It aims is to create further consumer ease and...

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...

Being a realtor could become a way of life!

Truly inspirational story about  self-made young  woman Real estate broker is not a job description with constant definition. Anjili Samtani is a...