The

Sharjah mulls granting permits to non-GCC nationals for owning of properties -13/8/2010
Sharjah is considering the positives of permitting non-GCC nationals to own property in the emirate, it is said.

The Head of Research and Consultancy at CBRE (CB Richard Ellis), Matthew Green, s

Offenders of housing fee regulation likely to be blacklisted -12/8/2010
The Dubai Municipality may blacklist those breaking the housing fee regulation, although no such proposal has been finalized at present, said a senior official who spoke to the media.

The Head of Ho

Mubadala, US group, launch new joint venture firm -19/7/2010
Mubadala has signed deal with Pramerica Real Estate Investors, the real estate arm of US-based Prudential Financial, to launch a company to raise capital from investors to fund real estate projects in

Housing Fee in Dubai to be collected every month -7/7/2010
Tenants in about 17,000 residential units in Dubai will now have to follow the new method of monthly payment of housing fee, as announced by Dubai Municipality to bring about uniformity in fee collect

Nakheel announces second phase of debt payments to creditors -2/7/2010
Nakheel, the real estate giant in Dubai, has begun paying out the second phase of cash and securities deal.

The Nakheel Chairman, Ali Lootah, in his statement, mentioned that the com

Under-declaration of housing fee may lead to legal action -11/6/2010
The Dubai Municipality has released a lawsuit for residents who under-declare their rents so as to pay a lower housing fee.

An official at the Municipality announced that legal action will be ta

Burj Khalifa announces service charges for the year -7/6/2010
The service charges for the current year in Burj Khalifa the tallest tower in the world, has been established at Dh.52.77 per square feet for residential units, and Dh.55.70 per square feet for office

Housing fee mandatory since January 2011 -31/5/2010
The Dubai Municipality has announced mandatory housing fee, beginning 1st January 2011, aiming to bring in about 300,000 unit occupants evading the fee, a top government official said.

The Direc

New Rent Dispute Resolution Committee established in Abu Dhabi -5/4/2010
Abu Dhabi residents can now settle their rent disputes quickly and amicably with the establishment of a rent dispute settlement committee.

This is in accordance with an ordinance issued by Shaik

Marina Square first phase units to be handed over in May -31/3/2010
Real Estate Developer, Tamouh, will handover 3,446 units to investors, which forms the first phase of Dh.6bn of the Marina Square project at the Al Reem Island, confirmed Joe Ong, the Companys Managin

Largest international airport in the world in progress -25/3/2010
Dubai will unveil the first section of its new international airport in June, aiming to be the largest passenger and cargo hub in the world.

Al Maktoum International Airport will open a cargo te

UAE may not permit 100percent foreign ownership -25/3/2010
The new Companies Law, likely to be introduced this year in the UAE, will relax foreign ownership restrictions, but will not permit 100percent ownership, an official said.

Undersecret

Dubai developers seen re-possessing units from investors -19/3/2010
Dubai developers have begun to repossess units from investors who have begun defaulting on payments.

Bonyan International recently revealed that it adhered to RERAs (Real Estate Regulatory Agenc

Sorouh awards contract for scheduled completion of Alghadheer -1/3/2010

One of the leading real estate developers in Abu Dhabi, Sorouh Real Estate PJSC has awarded the main infrastructure contract for Alghadeer project, as its development enters into the next phase, he

Property prices in Dubai record 47 percent fall in Q3 -12/12/2009
Residential prices are now increasing in majority of locations across the globe, with nearly 70 percent of the locations in the Knight Frank Global House Price Index reporting growth in the third quar

Dubai office rents remain stable last month -3/12/2009
Rent decline has been continuing its breather in Dubai, with the residential and commercial rents remaining static in November, as revealed by Asteco, the property management company.

The survey

Land Department links real estate sector with Strategic Plan 2015 -26/11/2009
The Dubai Land Department has launched a strategic plan aimed to align the future of the real estate sector with the objectives of Strategic Plan 2015.

The strategic plan has a vision, which, a

Nakheel confirms handover of Marina Residences by month-end -16/11/2009
Leading property developer, Nakheel, has confirmed handover of its Marina Residences at Palm Jumeirah by the end of the month, despite the current oversupply in residential market.

Being a water

Burooj to develop properties for mid-income sector -9/11/2009
The real estate branch of Abu Dhabi Islamic Bank (ADIB), Burooj Properties, and the developer behind multiple realty projects in the Middle East and UAE, held its annual strategic planning workshop, f

Al Faraa delivers completed LGC project at Jumeirah -7/11/2009
The member of Al Faraa Group, Al Faraa Properties has delivered the Dh.225mn Le Grand Chateau (LGC) project at the Jumeirah Village, one of the first developers to allow residents at the Jumeirah Vill

Bawabat Al Sharq in Bani Yas City 40 percent complete -1/11/2009
Baniyas Investment and Development Company (BID), the investment arm of Bani Yas Sports Club has announced that the first phase of construction of the Dh3bn world-class, mixed-use development under co

Bloom Gardens project wins CNBC Arabia Property Award 2009 -24/10/2009
Bloom Gardens, the iconic real estate development by Bloom, the Abu Dhabi-based developer of property and lifestyle solutions, has won the CNBC Arabian Property Award 2009 for the Best Residential Dev

Abu Dhabi studying plans for 224-storey skyscraper -27/9/2009
The conceptual design for 224-storey skyscraper is currently under consideration by Abu Dhabi Planning Committee, noted the leading architect, who created the design.

The Santa Monica-based Tomm