News

Deyaar plans to drop Flamingo Creek project

Posted on: 17.08.2010, Category: Dubai properties
Dubai's Deyaar Development is planning to abandon a 372 million U.A.E. dirham ($101 million) project
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UAE is bracing to introduce metre instead of feet and yard

Posted on: 16.08.2010, Category: UAE properties
The Emirates Authority for Standardization & Metrology (ESMA) is bracing to implement a new system for length and distance measurement units in all official transactions in the UAE.
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Ajman developer offers no-strings attached freehold

Posted on: 15.08.2010, Category: UAE properties
An Ajman developer is offering buyers the chance to buy a freehold plot of land that comes free of any restrictions on what can be built, it was reported on Sunday.
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Price drop has few willing to invest in International City

Posted on: 15.08.2010, Category: Dubai properties
Infrastructure problems, apart from seeming investor apathy, are major factors
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International City units selling below launch price

Posted on: 12.08.2010, Category: Dubai properties
Owners offering up to 15% discounts on studios and one-bedroom apartments
Price of apartments in International City are at their lowest as property owners are selling at prices below the launch price.
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Damac focuses on completing projects

Posted on: 12.08.2010, Category: UAE properties
Dubai's largest private developer, Damac Properties, is focused on completing projects in the Middle East and North Africa
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House prices on Palm Jumeirah sink to three year low

Posted on: 12.08.2010, Category: Dubai properties
Sale prices on Dubai’s Palm Jumeirah have fallen to their lowest level in over three years
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Pay 5% housing fee even if property is vacant

Posted on: 10.08.2010, Category: Dubai properties
If your apartment or house is empty, you still have to pay the five per cent Dubai Municipality (DM) housing fee as long as you have a Dewa connection.
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Dubai urges residents to register tenancy contracts

Posted on: 09.08.2010, Category: Dubai properties
Less than 50% of residents have declared their annual rent
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Dubai Silicon Oasis records 131% growth

Posted on: 09.08.2010, Category: Dubai properties
Dubai Silicon Oasis (DSO), Dubai's answer to America's Silicon Valley, said it earned a 148 per cent increase in revenue for the first half of this year compared with the same period last year. The high-tech park recorded a 131 per cent growth in profits in the same period.
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