ArabianBusiness.com - Middle East Business News
Saturday, 26 May 2012 16:05 UAE time

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Dubai gifts nearly $550m worth of land to Emiratis in 2011

Real Estate
Gulf state sees value of gifted land tumble 71% on the year amid sliding property values



Monday, 02 January 2012

Dubai residents fume over hike in cooling fees

Energy
Tenants in The Gardens development argue that 50% jump in charges is unfair, unjustified

Dubai residents fume over hike in cooling fees

Thursday, 29 December 2011

Nakheel names homeowners who haven't paid service fees

Real Estate
Lists at entrance of Shoreline buildings on Palm Jumeirah contain owners of about 90% of homes

Nakheel names homeowners who haven't paid service fees

Qatar's IQ sells 34% held in local property firm

Real Estate
Industries Qatar sells stake for $44m amid low demand, growing supply in property sector

Qatar's IQ sells 34% held in local property firm

Wednesday, 28 December 2011

EU crisis likely to hit UAE mortgage recovery in 2012

Real Estate
Mortgage market though down 60% since 2008, is currently showing slight signs of recovery

EU crisis likely to hit UAE mortgage recovery in 2012

Friday, 23 December 2011

Kuwait's KFH seals first Canadian real estate investment

Real Estate
Kuwait Finance House signs up for apartment block in Ontario as part of JV agreement

Kuwait's KFH seals first Canadian real estate investment

Wednesday, 21 December 2011

Price conscious residents prefer Sharjah over Dubai

Real Estate
Occupancy levels in northern emirate to remain high despite drop in Dubai rates, Cluttons says

Price conscious residents prefer Sharjah over Dubai

Wednesday, 14 December 2011

Abu Dhabi rents to fall amid surge of new homes

Real Estate
Handover delays mean nearly 25,000 homes due online in Gulf emirate in 2012, says Asteco

Abu Dhabi rents to fall amid surge of new homes

High land prices crimp plans for low-cost homes

Real Estate
Plot prices that are rising faster than house prices seen hurting GCC drive for affordable housing

High land prices crimp plans for low-cost homes

Tuesday, 13 December 2011

Developers drag their heels in handover to owners

Real Estate
Dubai firms seen delaying sign-off on homeowner associations to cling to revenue

Developers drag their heels in handover to owners

Dubai house prices close to bottom, says Cluttons

Real Estate
Real estate company says emirate is seeing 'selective stabilisation', pick-up seen in 2012

Dubai house prices close to bottom, says Cluttons

Monday, 12 December 2011

Nakheel eyes pool fees for Discovery Gardens tenants

Real Estate
Pools in Nakheel project are three years overdue and tenants may now be charged for access

Nakheel eyes pool fees for Discovery Gardens tenants

Sunday, 11 December 2011

Dubai rents holding steady in sign of uptick

Real Estate
But Asteco warns release of fresh supply in 2012 could spur new fall in rents, prices

Dubai rents holding steady in sign of uptick

Thursday, 08 December 2011

Tameer says legal fight won’t speed up handover

Real Estate
Dubai developer is facing lawsuit from investors over delay of Abu Dhabi project

Tameer says legal fight won’t speed up handover

Ajman restarts scaled-down Al Zorah project

Real Estate
State-backed luxury resort has been cut in half to match new economic realities, says CEO

Ajman restarts scaled-down Al Zorah project

Wednesday, 07 December 2011

Palm tenants get reprieve in Nakheel beach spat

Real Estate
Shoreline owners told to pay service fees to Land Department, not Nakheel, as row drags on

Palm tenants get reprieve in Nakheel beach spat

Tuesday, 06 December 2011

Arab buyers told to look past luxury London real estate

Real Estate
Wealthy investors should diversify from ‘golden postcodes' to bump up returns, says agency

Arab buyers told to look past luxury London real estate

Damac says 40% of Versace-linked tower sold

Real Estate
Developer says still in talks with investors in stalled Dubai Palm Springs project

Damac says 40% of Versace-linked tower sold

Monday, 05 December 2011

Dubai’s Nakheel says back in the black in H1

Real Estate
State-owned developer reports AED526 net profit on handovers of stalled project

Dubai’s Nakheel says back in the black in H1

Abu Dhabi sees service fee rows as handovers begin

Real Estate
Lack of property laws means developers hold the upper hand in disputes, say analysts

Abu Dhabi sees service fee rows as handovers begin

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