Latest Real Estate News in UAE
Feb 15 ,2014, city : Dubai
Dubai: One of the biggest Indian-owned businesses in the wider Gulf, the R.P. (Ravi Pillai) Group plans to deploy $1.5 billion (Dh5.5 billion) on real estate development in Dubai, with two projects in Business Bay and another at Downtown. It is the first time the $3 billion plus entity is getting into realty in these markets, with g... more
Feb 17 ,2014, city : Dubai
Dubai: With retail and hospitality making up 46 per cent of Emaar Properties 2013 revenues, it will set up another debate whether the developer should spin these off into a separate entity altogether. Net profit for the year totalled Dh2.56 billion against Dh2.11 billion a year earlier, on revenues of Dh10.32 billion (Dh8.24 billion... more
Feb 18 ,2014, city : Abu Dhabi
Dubai: Abu Dhabi may have removed the 5 per cent rental cap, but the substantial new residential supply — 40,000 units forecast for the next three years — could ensure that rent spirals do not go out of hand.
“The high volume of expected new supply may at least help to curb some of these inflationary... more
Feb 25 ,2014, city : Dubai
Dubai: Major reforms are in the offing to streamline the entry of bulk (angel) investors into stalled projects in Dubai and turn them around, according to market sources.
“There is an existing programme that’s been operating under the Dubai Land Department; but the proposed changes could make it easier for... more
Feb 26 ,2014, city : Sharjah
sharjah: After tenants, it’s the turn of businessmen to bear the brunt of Sharjah’s bullish rental market.
Industry insiders say the scen-ario for the emirate’s commercial properties is heating up after a lull of almost three years.
At the receiving end are a host of small to medium business... more
Feb 24 ,2014, city : Dubai
Dubai: Nakheel has instructed the repayment of Dh2.35 billion in bank debt 18 months ahead of schedule.
The company said that the early repayment is part of a Dh6.8 billion debt due in September 2015.
The repayment reflects the company’s strong financial performance since its restructuring, as wel... more
Feb 21 ,2014, city : Dubai
Dubai: End users and investors are the main drivers of Dubai’s real estate market, experts and developers told Gulf News on Thursday at the opening of the new property show, Next Move live.
The three-day show is the first in the UAE dedicated to showcasing residential properties and offering potential consumers ... more
Feb 19 ,2014, city : Ras Al Khaimah
Dubai: Buoyed by the interest swirling around Dubai property market, some developers are looking for first-mover advantage by taking on projects in the northern emirates and bring buyers in their wake. One such developer, Green Valley Real Estate, is testing out possibilities with the launch of a Dh100 million all-villa development ... more
Feb 6 ,2014, city :
It is an advice any real estate expert can easily and happily gives– invest in Dubai properties and get the best returns in a very short time. Dubai is ranked internationally as one of top 7 places in the world for lucrative property investments.
Dubai with its status as the fastest growing city in Asia boasts of wo... more