Latest articles

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...

Chinese State Circus at Dubai Festival City extended

The Chinese State Circus show, the highlight of Dubai Festival City events during DSF 2009, will now run till March 1 due to overwhelming...

Union Properties ongoing projects on track

Union Properties (UP) said on Sunday it will proceed with its ongoing projects, underlining that there are currently no plans for new developments on...

New residency visas issued on daily basis

The number of working visas being issued in Dubai remains a “net positive”, according to the chief economist in the Dubai government. Real growth in...

Emaar Misr makes strong progress on Marassi for on-schedule completion

Structural work of villas and townhouses 80 per cent over Completed first phase of golf course Beach Clubhouse to open this summer Emaar Misr for Development S.A.E,...

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...

Construction cost currently between Dhs270 and Dhs350 per sq ft

Construction costs in Dubai have fallen by 70.83 per cent from their peak of Dh1,200 per square foot in August 2008 to about Dh350...

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,...

Foreign investors buy Dhs360.5m worth of shares on DFM and sold Dhs361.5m

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (February 1 - February...