OUR Real Estate

Lawyers want ex-Nakheel executives acquitted in Dh44m corruption trial Prosecution records said the defendants defrauded a Dubai-based property developer and its Australian manager DB of Dh44.1 million. "DB claimed before an Australian court that he was terrorized and coerced by Dubai … Read more on gulfnews.com Rent-free months on new leases In Al Nahda 2, Fizza Properties offers a 12-plus-one month free deal, while Sultan Real Estate offers a similar deal on a two-bedroom unit for Dh38,000 near the Dubai Airport Freezone Metro station. Better Homes, one of Dubai's biggest property agents, … Read more on gulfnews.com Burj Khalifa rises above property storm as cost of apartments climb “Sale prices have…. Click here to Read More

Gulf: property and infrastructure sectors recovering (ANSAmed) – DUBAI – These facts are indications that the United Arab Emirates (UAE) property and construction sector is recovering, while the same seems true for the entire Gulf region. The recovery has been quantified at USD 268 billion in investments … Read more on ANSAmed Dubai Property Boom Rekindled: Buildings are selling again One of the world's leading real estate investment and advisory firm today announced that it has advised the seller on the successful disposition of a large prime commercial property asset located within Dubai International Financial Centre in Dubai, … Read more on Dubai Chronicle Bangkok Welcomes its Latest Luxury Hotel, Anantara…. Click here to Read More

Question by Hala: What is life like living in the Middle East? I am a Palestinian-American girl and I am looking into medical schools in the Middle East; some that stand out are in Jordan, Lebanon, Kuwait and the UAE. However, since I’ve never been to the Middle East I am wondering what life is like over there. Is there good shopping, is it pet-friendly, what are the animal laws over there, are there good properties? Best answer: Answer by ☆═━┈From what I gather the U.A.E., specifically Dubai is much like life in the U.S. in terms of beauty, nightlife, and shopping. Dubai is incredible! Jordan is quite liberal — they have two very great leaders and I think Lebanon (Beirut) is fairly open as well, however right now I’m not…. Click here to Read More

Indians biggest first-time buyers of Dubai property Dubai: Indians have topped the list of first-time property buyers in Dubai last year, having bought properties worth 2.1 billion dirhams (Rs 292 crore), Dubai Land Department data has revealed. "The Indians topped the list of new investors in Dubai … Read more on Zee News Metro has positive impact on values, rents By Manoj Nair Associate Editor The RTA has used comparative data from other cities with metro systems to demonstrate that prices of property close to the Dubai Metro have defied the emirate's real estate downturn. Dubai: The value of property close to … Read more on…. Click here to Read More

fitch affirms first gulf bank at 'A+'; OUTLOOK STABLE However, the bulk of the bank's real estate exposures are located in Abu Dhabi, which has been less affected than Dubai. In Fitch's opinion, any further impairments will be manageable. The bank's investment properties (5% of total assets) are also … Read more on Reuters Dubai builder predicts improved first quarter Union Properties is predicting an improved first quarter when it reports its results, after property transactions in Dubai surged 53 per cent. "The first quarter looks positive, much better than 2011 … and if there is a continuation of that trend it … Read more on The National Majid Al Futtaim Sees Dubai Retail Sales Rising as…. Click here to Read More