Thursday, July 24, 2014
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Residential property market in Dubai shows sign of slowdown

22/7/2014 - The booming residential real estate market in Dubai is now showing signs of slowing down, with government having stepped in to curb speculative buying, which will have an impact on the market, and higher prices begin to affect demand, said JLL (Jones Lang LaSalle) in their report.

UAE works to make its first foray into the Red Planet by 2021

17/7/2014 - The UAE has entered into the space race with a project to send an unmanned investigation to Mars by 2021.

Dubai is fifth most popular destination globally

10/7/2014 -
Dubai has been recognized as one of the top destinations for international
travelers as per the findings of MasterCard Global Destination Cities Index
which was released today.

UAE construction sector set for rapid growth this year

3/7/2014 - The pace of UAE construction sector is likely to see rapid growth in 2014, with government announcing several major development projects and stepping up expenditure on social infrastructure development.

Dip in growth trend of upscale luxury properties noticed in Q1 2014

26/6/2014 - The upscale properties in Dubai are not growing in value as they used to.

RAK Properties launches the new Bermuda Villas project at RAK

12/6/2014 - RAK Properties has announced the launch of their new Bermuda Villas project, which form part of the companys master development project, Mina Al Arab, the latest waterfront community in RAK.

Biggest real estate projects that redefine Dubai landscape

5/6/2014 - With a total value of approximately $240bn, the biggest real estate projects in Dubai, is all set to re-define the landscape of the emirate over the next decade.

Real estate developments worth $123billion underway in Dubai

5/6/2014 - According to latest data published by business intelligent service, about 744 real estate developments, worth a total of $123bn are currently under progress in Dubai.

Strong growth in UAE realty sector brings stability in property prices

22/5/2014 - Real estate prices in the UAE are showing signs of stabilization following strong growth over the past two years, particularly in Dubai and a huge dip in prices is unlikely in the short term, a report said.

Dubai named as Global City of Opportunity

22/5/2014 - Dubai is the only Middle Eastern City in PwCs latest Cities of Opportunity study report, ranking 16th overall in the latest study, which takes into account the pulse of 30 cities at the heart of world economy and culture.

Dubai residential market reflects strongest five-year growth

21/5/2014 - With Dubai having won the bid to host Expo 2020 in November, there has been an extraordinary growth noticed in the emirates real estate sector, with residential market growing rapidly, recording its strongest five-year growth, the report said.