Thursday, October 02, 2014
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Property in Dubai

Dubai Real Estate News

Dubai is the hottest real estate market in the world
19/12/2013 -

Dubai continues to remain the hottest real estate market in the world with prices growing fastest this year, in comparison to the 41 global cities, revealed a UK-based Global Property Guide.

Emaar announces major joint venture project at Expo 2020 site
16/12/2013 -

Largest real estate developer in Dubai, Emaar Properties, has announced a joint venture project, with Dubai World Central (DWC), to build hotels, malls and golf course communities, in proximity to World Expo 2020 site.

Schon Business Park on-track for scheduled completion
12/12/2013 -

The Business Park project in Dubai by the leading regional property developer, Schon Properties, is on-track for scheduled completion by second quarter of next year.

Emaar, DWC sign deal to build new urban golf destination
12/12/2013 -

A new deal has been signed between Emaar Properties and the Dubai World Central (DWC), the world’s first purpose-built aerotropolis, to develop an integrated urban centre and golf destination in a prime local at DWC, which will be home to Expo 2020 and the Al Maktoum International Airport (AMIA).

Nakheel awards contracts for new beachfront projects on Palm Jumeirah
5/12/2013 -

The Dubai developer Nakheel has awarded Dh174mn worth construction contract of two new beachfront projects on Palm Jumeirah.

Now, complete property registrations within 12 minutes
25/11/2013 -

Developers in Dubai can now register property transactions and complete the formalities within 12 minutes, in comparison to seven days required earlier.

Dana Tower ready in Jumeirah Village Circle
11/11/2013 -

The Dubai-based Tiger Properties has announced completion of Dh140mn Dana Tower, a residential project, built on total area of 250,000 sq ft at Jumeirah Village Circle.

Limitless to begin construction on first residential tower at The Galleries
7/11/2013 -

Limitless is all set to begin construction of its first residential tower at The Galleries, with 323 units up for lease at the flagship project in Dubai.

RTA awards Dh 500mn Dubai Water Canal project contract
4/11/2013 -

The Dh 500mn Dubai Water Canal project contract to elevate the Sheikh Zayed Road above the course of Dubai Water Canal, and modify the road path, has been awarded by Roads and Transport Authority (RTA).

Demand for office space to gain momentum through World Expo 2020
28/10/2013 -

Winning of bid to host World Expo 2020 will further enhance the demand for office space in Dubai, which is gaining momentum from early this year, a new report said.

Jumeirah Golf Estates on-track for 1st phase Whispering Pines villas
8/10/2013 -

The Jumeirah Golf Estates, a luxury residential golf community in Dubai, is on-track to fulfil its commitment of handing over the initial 160 villas of the Whispering Pines portion of Phase A Earth zone over the coming few days, the company revealed.

Dubai to establish new rent dispute centre for quicker settlements
23/9/2013 -

Dubai will set up a new centre for quicker settlement of rent disputes in the emirate, it has been announced.

New serviced residences unveiled by Emaar at Downtown Dubai
17/9/2013 -

Emaar Properties, leading real estate developer early this week announced the launch of The Address Residence Fountain Views III, a fully-furnished residence project, in Downtown Dubai.

Fresh amendments to real estate law likely soon
12/9/2013 -

Dubai may shortly enforce amendments to its real estate law aimed at hastening procedures for settlement of real estate disputes between tenants and landlords and allow for an appeal within three days.

New 48 storey Central Park tower to go on sale from mid-September
3/9/2013 -

A joint venture between Deyaar Development and Dubai Properties Group, namely, Arady Developments, has announced the launch of a new 48-storey residential tower, which forms part of its prestigious Central Park project at Dubai International Financial Centre (DIFC).

Dubai property market gains healthy recovery with 63% year-on-year growth
15/8/2013 -

With all sectors of the Dubai real estate market now gaining momentum in making a healthy recovery, real estate experts are wondering if the emirate would enter into another real estate bubble and what needs to be done to maintain a sustainable growth path.

Dubai to issue seven new property laws within next two years
6/8/2013 -

The Dubai Land Department, in a view to protect the real estate market from speculators and to regulate the sector, is in the process of passing seven new property laws over the next two years, the Director-General of the department revealed.

Indians among top expat investors in H1 2013
1/8/2013 -

UAE nationals form majority of property investors in Dubai, during first half of this year, while Indians are top expat investors, the Dubai Land Department (DLD) confirmed.

Nakheel to commence work on The World islands early next year
25/7/2013 -

Nakheel, the leading real estate developer will begin work on The World Islands during first half of next year, as revealed by the Nakheel Chairman, Ali Rashid Ahmed Lootah.

Villa owners warned to stop short-term leases
18/7/2013 -

Nakheel has warned the villa owners in Palm Jumeirah to stop leasing out units on short-term basis to private parties.

JBR construction work dampens popularity among buyers
15/7/2013 -

The construction work currently in progress in Jumeirah Beach Residence (JBR) has dampened the popularity of beachfront master community among its tenants and buyers, a new report said.

Buying home in Dubai six times cheaper than in Hong Kong and Singapore
4/7/2013 - An international property consultancy, Knight Frank, has already ranked Dubai as the hottest property markets in the world.

DPG builds 236m tunnel linking Business Bay creek and Jumeirah
28/6/2013 -

Dubai Properties Group (DPG) has invested heavily in infrastructure and services in the Central Business District, with the mixed-use projects outnumbering commercial and residential projects in Business Bay, the Central Business District of Dubai.

Dubai office market records strong occupancy rates in Q3 2011
22/12/2011 -

Dubai office occupancy has been buoyant during the third quarter this year, as the market recorded significant upturn in lease enquiries, as per the latest research from CBRE.

Six new buildings delivered at Mina Al Arab Lagoon district in RAK
8/12/2011 -

RAK Properties, one of the biggest real estate developers in Ras Al Khaimah, has announced handover of six buildings in Precinct 2 of Mina Al Arab Lagoon District.

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