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The new law (No. 14 of 2008) is due to become effective in coming weeks. It should stand to regulate the relationship between the mortgage lender and the mortgage borrower and other lending

Land transactions in Dubai top Dhs2.14 billions Last Week

The total value of land transactions in Dubai last week peaked at Dhs2.14 billions , of which sales exceeded Dhs1.41 billions million. The total value of mortgages during the period was Dhs7

List of Activities in Cityscape Dubai 2008

Opening Real Estate Leadersip Strategy Summit - The Great and the Good 6 October 2008 - Dubai International Exhibition Centre When it comes to Dubai's property scene we really are ta

Nakheel's Palm Monorail on Track and Set for Live Testing

Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers, has announced that live testing of the Palm Monorail, which will transport thousands

UAE Lands in World Top Four

The UAE jumped 23 places to the fourth place among the most-active land market worldwide in the first half of 2008, as global sales reached $64 billion (Dh 235 bn) durinfg this period. Dv

Nakheel announces Balducci's partnership

Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers, has announced a partnership with leading US food retailer Balducci's to open the com

RERA Plans to Control Flipping

Dubai real estate regulator said yesterday it is looking at measures to crack down on flipping property as concern rises over the sustainability of soaring real estate prices in the emerate.

Dubai to stand tall with 3,000 towers

Dubai: Roughly 3,000 towers (both mid- and high-rise) are in various stages of planning, design, development and construction in Dubai between now and 2025. Dubai World Central (DWC) coul

Contstruction Sector Grows 25% in UAE

The UAE's construction sector grew by more than 25 percent in 2007 - the highest increase among key contributors to the countries gross domestic product. Thr sector shot up by 25.4 percent f

RERA CAUTIONS DEVELOPERS

The real estate regulator of Dubai will take action against master developers and sub-developers if they fail to fulfil contractual obligations. We will then mediate between the two parti

Dubai Cityscape on 6 - 9 October 2008

Cityscape Dubai 2008, in its 7th year, is the largest business-to-business real estate investment and development event in the world. In 2008, Cityscape Dubai is set to grow again. 60,00

A home 'fit for a queen' - Nakheel reveals location for QE2 on Palm Jumeirah

Nakheel, the leading company in developing Dubai's future tourism, has revealed the new home for the world famous cruise liner, QE2, as the anchor of a luxurious marina development on the ea

Dubailand has more to offer than entertainment

How does one assess the future impact of a development that intends to have something for everyone? And not just for Dubai’s residents if one goes by its billing of being the focal point f

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