UAE Property News

Search on to fill Business Bay
Source: The National | 06 May, 2011
Building owners are struggling to find tenants in Business Bay, the vast project envisioned as Dubai's new central commercial district.

Nakheel mulls legal action against service fee defaulters
Source: Emirates 24/7 | 05 May, 2011
Master community service charges and building service charges have been reduced across all communities

Ajman developers 'unite' to retain investors
Source: Emirates 24/7 | 03 May, 2011
In talks to form joint ventures, move investors to ongoing projects

Dubai realty market dominated by end-users
Source: Emirates 24/7 | 01 May, 2011
Cash buyers down as finance is readily available from banks at attractive rates

Abu Dhabi tenants reel under heavy fees
Source: Emirates 24/7 | 21 Apr, 2011
ADCP imposes new service fees including Dh3,000 for evacuation and Dh150 for moving furniture

3,500 new Dubai villas by year-end
Source: Emirates 24/7 | 18 Apr, 2011
Dubai is likely to see anywhere between 1,759 and 3,500 new villas being completed by year end, real estate experts believe.

Affordable communities rents down 10%
Source: Emirates 24/7 | 10 Apr, 2011
Apartment rents in the lower end of the market fell eight to10 per cent in the first quarter compared to the last quarter of 2010, while new villa developments continued to face decline in capital and rental values due to lack of infrastructure, Cluttons said on Sunday.

No court hearing without Land Department report
Source: Emirates 24/7 | 14 Mar, 2011
Legal experts say courts will refer case to Land Department before hearing

Why renting a Burj Khalifa apartment is just ‘Mumtaz'
Source: Emirates 24|7 | 20 Jan, 2011
One year ago when Burj Khalifa launched as the world’s tallest tower, at over 828 metres (2,716.5 feet) and more than 160 stories, it rose like a phoenix from among the ashes of a global economic burnout.

Rents in 'old' Dubai remain firm
Source: Emirates 24|7 | 20 Jan, 2011
Established social circles, accessibility of facilities and lower cost of living keep demand high in older areas
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