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Latest Dubai News

 
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News Id: 1127
Date: 06/04/2009
New provisions for off-plan properties’ contracts to be introduced shortly in Dubai

Modified Article 11 of Law No 13 will be released by the Dubai Land Department in the next two weeks, introducing new provisions for the cancellation of contracts, a top government official said.
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dubai properties
News Id: 1126
Date: 06/04/2009
The Hotel Show to kickstart in Dubai from May 24-26

Middle East hospitality sector seeks strategies to overcome the challenges of the global financial slowdown as attention turns in May to the Hotel Show, the region's premier trade show for the industry. The Hotel Show will take place across halls one to seven and Sheikh Rashid Hall at the Dubai World Trade Centre from 24-26 May 2009.
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dubai properties
News Id: 1125
Date: 06/04/2009
Global upswing lifts UAE markets

Upswing in global markets rubbed on to the UAE as well. The Dubai Financial Market index advanced 2.64 per cent to 1,624.95, while Abu Dhabi Securities Exchange (ADX) moved up 1.79 per cent to 2,541.74. Leading from the front was Dubai that saw high trading of the DFM stock and the real estate market.
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dubai properties
News Id: 1128
Date: 01/04/2009
UAE property sector all set for revival during Q4 of 2009- Real estate report

A revival of sort is expected in UAE during the fourth quarter of 2009 but it hinges largely on banking sector opening for business, a new report indicated. Semblance of vitality is seen with real estate agents indicating a higher level of "walk around demand" and mortgage financiers highlighting an increase in finance enquiries.
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dubai properties
News Id: 1124
Date: 30/03/2009
Dh600 million contract awarded for The Royal Estates real estate development in Dubai

Aristocrat Star Investments, a multi-diversified business group, has announced it had awarded a Dh600 million contract for its signature real estate project in Dubai - The Royal Estates to Power Line Gulf Construction (PLGC), a multi-discipline construction company in the UAE.
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dubai properties
News Id: 1123
Date: 30/03/2009
UAE tops private sector salary hike in 2008: Study

A 16 per cent salary hike was seen among the UAE private sector employees in 2008, making the rise highest in the Gulf region, according to a recent study. The study, conducted by a Dubai-based company specialising in administrative development, covered a number of private service companies in the fields of money exchange, finance, insurance, property development, oil and information technology.
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dubai properties
News Id: 1122
Date: 30/03/2009
Aluminium Dubai expo opens at Dubai International Convention and Exhibition Centre

Aluminium Dubai, an exhibition of the aluminimum industry, opens today at the Dubai International Convention and Exhibition Centre (DICEC). The event will be inaugurated by Ahmad Humaid Al Tayer, vice-chairman of Dubai Aluminium Company (Dubal) and chairman of Emirates NBD Bank.
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dubai properties
News Id: 1121
Date: 30/03/2009
Uniform laws will enhance international investor confidence in UAE real estate sector

BCS Strata Management Services, the first UAE-based strata management company, has welcomed the UAE Government's initiative to establish a federal real estate regulatory authority to coordinate the efforts of existing local regulatory bodies.
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dubai properties
News Id: 1120
Date: 27/03/2009
Dubai in good position to move forward through global financial crisis

According to property experts, Dubai is in a good position to move forward through the global financial crisis due largely to its construction and real estate industries as there are a number of fundamentals in place that would pull the emirate through the worst of the ensuing credit crunch.
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dubai properties
News Id: 1119
Date: 27/03/2009
World’s tallest, The Dubai Fountain all set for smooth unveiling

Downtown Burj Dubai is offering a visual treat for residents and visitors as testing work of The Dubai Fountain, the world's tallest performing fountain, progresses towards official unveiling.
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dubai properties
 
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