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.: 09.03.2010
UAE government to stand by Dubai
Federal government will support Dubai as it tackles its $26 billion debt. Dubai will not be left without federal support as it deals with a debt of $26 billion, Shaikh Hamdan Bin Rashid Al Maktoum, Dubai Deputy Ruler and UAE Minister of Finance, told rep... more
.: 07.03.2010
Nakheel begins handover of final Marina Residences tower
Nakheel has said that handover of the sixth and final tower of Marina Residences in Palm Jumeirah has commenced, with residents likely to move in within the next few weeks. The waterfront development features six residential towers containing a mix of apa... more
.: 07.03.2010
Barwa in $2bn project takeover talks
Khalid al-Nasr, general manager of Qatari developer Barwa Real Estate has said that the company is in talks over the possible takeover of its Barwa City project, worth about $2bn, by a government body, Reuters has reported. He said that, if negotiations a... more
.: 03.03.2010
American Delegation visits Ajman
A delegation from “The Association of Real Estate License Law Officials “ARELLO” early this month paid a short visit to Ajman as part of ARELLO’s efforts to strengthen relationship bonds between the Association and its members, particularly after announci... more
.: 15.02.2010
Burj Khalifa closes observation deck temporarily
The Burj Khalifa observation deck has been temporarily closed for maintenance work, Gulf News has reported. 'Due to unexpected high traffic, the observation deck experience at the Burj Khalifa, At the Top, has been temporarily closed for maintenance and u... more
.: 15.02.2010
Deyaar postpones distressed fund
Dubai-based developer Deyaar has delayed a Dhs500m ($136.1m) distressed property fund after international investors withdrew Dhs200m previously committed, the National has reported. The company launched the fund last summer to buy distressed properties fr... more
.: 03.02.2010
Dubai residential prices rise 0.7pc in Q4 2009
The residential prices in Dubai increased 0.7percent during the final quarter of last year, in comparison to the third quarter of the same year, reported a recent research.The increase which reflected in the new Sales Price Index for Dubai (SPID) has been... more
.: 28.01.2010
Ajman to establish new property dispute panel by Q1 2010
Ajman will shortly announce a new committee to settle disputes between developers and investors. The committee will take up issues pertaining to cheques involved in real estate transactions.The Director General of Ajman Real Estate Regulatory Authority (A... more
.: 17.01.2010
Visit visas: New entry permits only a month after exit
A visitor needs to get a new entry permit to re-enter the country once he or she leaves the country for any destination. The new entry permit will be issued only after one month from the date the visitor leaves the UAE... more
.: 07.01.2010
Base jumper leaps off Burj Khalifa
The developer of the Burj Khalifa confirmed that they permitted the man to jump off the tower, which had a grand opening ceremony on Monday. Nasr Al Niyadi and his skydiving trainer Omar Al Hegelan made a perfect landing after jumping from the 160th floo... more
.: 07.01.2010
World's tallest hotel opens in Dubai
Dubai: Dubai broke another world record on Wednesday by inaugurating the tallest hotel. Rose Rayhaan by Rotana has been officially certified by Guinness World Records as the world's tallest hotel. At 333 metres it is five metres higher than its rival in... more
.: 31.12.2009
Abu Dhabi properties see activity boost
Landmark Advisory has issued a report saying that October and November were two of the most active months of 2009 for Abu Dhabi in the real estate market. 'Prices are only likely to increase for for developments that are close to completion during 2010, s... more
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