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One in five 'paying more rents in UAE than last year'Contrary to the perceived wisdom that rental rates are decreasing in the UAE, over one in five residents were paying more in rent, for the same property, in the second quarter than they were 12 months previously, according to a new survey from y More… |
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UAE residency move 'to help boost property sector'The UAE cabinet, presided over by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved steps that would allow for 100 per cent ownership of UAE-based businesses by foreign investors More… |
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NBK unit closes $95m Dubai school property dealNBK Capital Partners, the private equity arm of National Bank of Kuwait, said it has completed the acquisition of the Dubai campus of a K-12 international curriculum school in a sale-leaseback transaction. This comes in line with More… |
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NBK unit closes $95m Dubai school property dealNBK Capital Partners, the private equity arm of National Bank of Kuwait, said it has completed the acquisition of the Dubai campus of a K-12 international curriculum school in a sale-leaseback transaction. This comes in line with More… |
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Emaar launches Dubai property show in UKDubai-based developer Emaar Properties, in association with Harrods Estates, is holding a UK launch and exhibition of its latest development projects in Dubai, UAE, at Harrods, the world’s most famous department store located in London. More… |
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Danube launches new living concept in Dubai propertyDanube Group, a diversified conglomerate with interests in real estate, building materials and interior products based in Dubai, has officially launched a new living concept that creates more life space – by turning one bedroom into two at More… |
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Iran sanctions relief 'may not revive Dubai property'Iran sanctions relief is unlikely to revive the property market in dubai, UAE, as the real estate prices are now more expensive for Iranian buyers in Rial than five years ago, said industry expert Phidar Advisory. A specialist on More… |
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Dubai Land signs key property transfer pact with DIFC bodyDubai Land Department (DLD) has signed a MoU (memorandum of understanding) with the DIFC Dispute Resolution Authority (DRA) and its ancillary body, the DIFC Wills and Probate Registry (WPR) to facilitate property transfers during succession in t More… |
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Iranians likely to be big buyers of Dubai propertyIranians are likely to become major buyers of Dubai property again if sanctions against the Islamic Republic are lifted, providing a much-needed fillip to the emirate's real estate sector, consultants Cluttons said. Dubai prop More… |
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Dubai property slowdown 'due to tighter rules'Dubai's tighter property rules aimed at preventing a housing bubble are the main cause of a slowdown in the emirate's real estate sector rather than a sustained drop in oil prices, industry experts said. Dubai has a low re More… |
