Friday, July 25, 2014
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Property in Dubai

Dubai Real Estate News

Latest project launch from Damac draws 300 investors
24/7/2014 -

More than 300 investors from Qatar, Kuwait, India, Pakistan, Russia and CIS countries flocked to view the latest project launch by Damac, which took place in six venues across the UAE yesterday.

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.

Nakheel to launch new gated master community at Nad al Sheba
22/7/2014 -

Nakheel has announced its new gated master community comprising 1000 villas in Dubai, as part of its hospitality, leasing and retail business expansion strategy.

Sobha Developers announces new $4bn mixed-use community
17/7/2014 -

The details of a new 75-hectare mixed-use development project worth $4bn at Mohammed bin Rashid Al Maktoum City in Dubai, has been announced by Sobha Developers yesterday.

No hike in property registration fee in Dubai
14/7/2014 -

The Director General of Dubai Land Department, Sultan Butti Bin Mejren, has confirmed that there is no increase in property registration fee in Dubai.

Surging rentals drive Dubai tenants in search of peripheral communities
10/7/2014 -

Tenants and prospective purchasers in Dubai have begun looking out for peripheral Dubai communities, as prices in some of the most popular locations in the emirate are out of reach for them, a new report reveals.

Emaar permits community residents to build additional room
7/7/2014 -

For the first time, leading Dubai-based master developer Emaar has granted permission to its residents in certain communities to build an additional room in the garden of the villas.

Dubai witnesses strongest growth worldwide in prime residential rents
3/7/2014 -

The prime residential rent rates have seen the strongest growth worldwide in Dubai by 6 percent during the first quarter of the year, followed by 5 percent increase noticed in Tokyo, a recent report said.

Work on Jumeirah Corniche Project gathers pace
2/7/2014 -

The Dubai RTA (Roads and Transport Authority) has announced that work is gathering pace at the Jumeirah Corniche project, with 55 percent of work already complete.

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.

Schon signs deal for funding Dubai Lagoon Project
19/6/2014 -

Leading regional developer, Schon Properties has signed pact with Xanadu Real Estate Development to obtain Dh 339mn funding for its Dubai Lagoon Project, due to be one of the best master development communities in Dubai.

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.

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 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.

Tecom Business Parks to deliver key projects in 2014 and 2015
2/5/2014 -

The Tecom Business Parks which include the Tecom Investments’ nine free zones have announced new developments worth Dh 1bn, which strengthens its position as the leading business communities in the region, thereby reflecting its growth momentum in comparison to the past year.

Meydan turns into high-end luxurious mini city
28/4/2014 -

The futuristic Meydan Racecourse in Dubai becomes the centre of horse-racing universe once a year.

UAE property market reflects strong investor demand
24/4/2014 -

Real estate market in the UAE is getting expensive by the day, and has been indicating signs of being a strong sellers market, reveals a Bayut.

Indians among topmost property buyers in Dubai
22/4/2014 -

Indians continue to remain top expat property buyers in Dubai, with investment of about Dh.

The India Property Show 2014
17/4/2014 -

Leading real estate portal, Magicbricks is organizing a two-day real estate expo in Dubai, namely The India Property Show 2014 at Hotel Le Meridian on 18th and 19th April.

New Law to award 10 percent contracts to SMEs
14/4/2014 -

A new law aimed at boosting the growth of Small and Medium-sized Enterprises (SMEs) in the UAE is likely to be introduced any time soon.

Latest Jumeirah Golf Estate luxury villas to be showcased at IPS 2014
7/4/2014 -

The Jumeirah Golf Estates (JGE), a leading luxury residential golf community located amidst Green Community and Dubai Sports City is likely to showcase its latest batch of Fireside and Juniper Way luxury villas and other properties in various districts during the forthcoming property show in Dubai.

Dubai developers warned against claiming property fee from tenants
20/3/2014 -

Real Estate Regulators have warned developers in Dubai against claiming property fees from tenants, a report said.

Trident to resume work on the tallest residential tower
17/3/2014 -

The Dubai-based developer, Trident International Holdings, will restart work on the 516-metre residential tower, The Pentominium, which is also the worlds tallest residential tower.

Growth in Dubai property prices largely driven by end-user demand
10/3/2014 -

The property prices in Dubai are not inflated, and are driven by growing demand from end-users and investors, said a developer in Dubai.

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