Year 2013 (123)Year 2012 (232)Year 2011 (200)Year 2010 (194)Year 2009 (366)Year 2008 (251)
Nakheel Charges Investors To Attend The Sales AuctionWednesday, June 19, 2013 Nakheel, Dubai’s master developer, has begun charging property investors AED5 thousands to register before attending its sales auctions.
At a previous auction for villas and plots in Nakheel’s Jumeirah Park master development, potential buyers were required to pay a non-refundable entrance fee to register and enter the auction. According to a Nakheel’s spokesperson, the entrance fee was payable ... more |
Damac Initiates Handing Over Of Units In “The Signature”Monday, June 17, 2013 Damac has started the handing over of their 50 storey luxury project named “The Signature” in Downtown Dubai. This glamorous wonder has been designed by German architect Koschany & Zimmer and is Damac’s first project that is offering fully serviced apartments and suites, by their in-house hospitality staff. All the 330 apartments have been booked and sold to their prospective customers and they ca ... more |
Business Bay Registered Biggest Of The Dubai Office Transactions In Q1Friday, June 14, 2013 During Q1 2013, an upturn is witnessed in the commercial sector of Dubai as property prices rose for the very first time after recession.
Business Bay, renowned as the central business district in Dubai, has witnessed the biggest office transaction, in the first quarter. Jumeirah Lake Towers (JLT) registered five of the top 10 biggest deals. The biggest transaction registered with Dubai Land Dep ... more |
Dubai Property Boost Perks Up Automobile Business And IndustryThursday, June 13, 2013 The recovery of the Dubai property market is having a very positive effect on the Automobile business and industry. The auto part makers and manufacturers are beginning to see the pre 2008 hustle bustle. A CEO of a private automobile company said that with the influx of people choosing to live and make their homes in Dubai, there is a direct positive effect on the automobile purchase.
Currently ... more |
Deyaar Development To Launch Central Park Project Post-SummerWednesday, June 12, 2013 A Dubai based developer; Deyaar Development will commence the sale of its Central Park project after this summer.
“Our focus is on the launch of the Central Park project in the Dubai International Financial Centre (DIFC). It was never launched officially and nothing was ever sold. We are planning to launch the sale of this project post-summer”- said an official on Monday.
Central Park is a col ... more |
Two New Projects To Be Launched By DeyaarWednesday, June 12, 2013 Deyaar Development is to launch two new projects in the next six months. One of the top officials of Deyaar revealed that the company is also in the planning phase to open sales for another major development.
One of the two new projects, located in the Business Bay area, is worth Dh500 million, according to Deyaar’s CEO. However, he only disclosed that the company currently has an empty piece of ... more |
Dubai Beats The Slump And Makes It To the Victory Stand in Q1 2013Tuesday, June 11, 2013 What can be termed as good year for property prices all over the globe except Europe, Dubai manages to makes it to the victory stand by bagging third position in the top three most selling luxury destinations of the world, experiencing the biggest hike in the property pricess. The property prices rose by 21.1 % for Q1 of 2013.
Hong Kong and China came first and second with 28% and 23.5% increase ... more |
Emaar Makes Hay While the Sun Shines, Amid CautionMonday, June 10, 2013 Emaar launches two new mega projects to boost the realty market and gain in on business gains. The first project is the expansion of its flagship shopping mall offering the biggest retail experience. This massive expansion of Dubai Mall, the world’s biggest shopping mall is in process to attract 100 million visitors compared to the 65 million shoppers last year.
The other project is in collaborat ... more |
State Owned Developer “Limitless” Ordered To Reimburse LossesFriday, June 07, 2013 State owned real estate developer “Limitless” have been ordered to reimburse a Saudi buyer who invested in their project. Due to stalled development the Dubai world tribunal ordered limitless to pay AED 11,074,930 which was paid by the Saudi investor. The investor had paid this amount as a reservation fees on two plots in downtown Dubai.
Limitless claimed that the money was nonrefundable deposit ... more |
Dubai Gets World's Tallest Twisted TowerWednesday, June 05, 2013 |
20% Rise In Construction Costs In Abu DhabiWednesday, June 05, 2013 |
Hotel Rooms For Sale For The First Time In UAETuesday, June 04, 2013 |
Safety Guidelines Ignored In Al NahdaThursday, May 30, 2013 Many strangers, who seek money or work, can be seen in areas around Al Qusais, Muhaisnah and Al Nahda. It is believed that absence of proper monitoring system through cameras and security personnel is the reason why the stranger are found strolling the neighbourhood.
A resident of Al Nahda mentioned that they have one watchman for their building who is seldom found working dutifully. It has also ... more |
Abu Dhabi's Al Ghariba Projects Valued At $80.3bnThursday, May 30, 2013![Abu Dhabi\](http://www.bayut.com/property/common/resize.php?img=100/1415.JPG&d=45 "Abu Dhabi\") Western Region Development Council (WRDC) of Abu Dhabi has said that the value of announced projects in Western Region is Dh295 billion.
The director of regional development division at the WRDC told that these projects include oil and gas, petrochemicals, railway, highways, nuclear plants and desalination plants will be located on the side lines of Al Gharbia Development Forum in Abu Dhabi. Al ... more |
Tawtheeq To Attest Original Tenancy ContractWednesday, May 29, 2013 As a part of the documentation required, the relevant authorities require expats to submit the original tenancy contract having Tawtheeq’s attestation on it for obtaining/renewing the visa for the dependants. The document is regarded as the Municipality Registration Document.
Moreover, the expats who hold Abu Dhabi visa would not be able to obtain the visas or renew the existing visas of their d ... more |
