News: dubai property investment
The most recent dubai property investment news from a variety of international property news sources.
The most recent dubai property investment news from a variety of international property news sources.
The supply of high-value flats in the city will outstrip demand from March. At present, there is an approximate supply of a million sq ft for the top-end residential market in the metropolis
High-value flats, starting with a price tag of Rs5 crore (for a luxurious two, three or four bedroom, hall and kitchen) had vanished [...]
Most Non-Resident Indians think a lot before investing in property in India and most of the time put off the plan due to the effort, the research and the planning involved.
In some instances, it is put off as they do not have enough funds. For such individuals there is always the NRI home loan.
The Reserve [...]
Demand will be the key factor for Dubai’s real estate market in 2010, with inventory creating opportunities for tenants and businesses in the office sector as rents continue to fall. Meanwhile, the housing market appears headed for increased stabilization in 2010, although, excess supply should…
With real estate prices in China booming, Chinese investors are seeing the investment potential in Dubai’s hard-hit market. Chinese expatriates already have a strong presence in the emirate region, and are among the major property investors who weathered steep declines this past year in the Dubai market…
Emaar MGF, a joint venture between Emaar of Dubai and MGF of India and a leading real estate development company, expanded its presence in Chennai with the launch of The Avenues on Tuesday. Wilson Mathews, Head, Sales (South), Emaar MGF, said ‘The Avenues’ was part of Esplanade, one of the largest residential projects (14 acres) [...]
UEM Land Bhd aims to be Khazanah Nasional Bhd what CapitaLand is to Temasek.
“We aspire to be a global property development outfit like CapitaLand. We hope to one day play a similar role in Khazanah – be what CapitaLand is to Temasek,” says managing director and CEO Wan Abdullah Wan Ibrahim.
Singapore-based CapitaLand Ltd is Southeast [...]
Property markets in various parts of the world are coming alive again and property is regaining its lustre as one of the favourite investment instruments after more than a year of “hiccup” caused by the global financial crisis.
Even while Dubai is still mired in a crisis after the collapse of its property market last November, [...]
While the mortgage market in Dubai dropped significantly in 2009, mortgage transactions as a percentage of the all property transactions remained at 20%. Analysts believe that liquidity constraints will continue to persist in 2010, which could continue to depress the mortgage market. See the following…
Among the planned changes in a deal between Dubai’s Labour Ministry and Real Estate Regulatory Agency, are separate classifications and official documentation requirements for professional positions. This move promises added transparency, and an infusion of confidence in an industry still reeling from…
DUBAI: Dubai’s housing rout sent prices down 52% in the past year, prompting some homeowners to abandon their cars and mortgage payments and flee the country. Not one received a foreclosure notice.
Barclays Plc won the sheikdom’s first foreclosure cases in court, clearing the way for lenders holding about US$16bil of Dubai home loans to take [...]