News: dubai property investment

The most recent dubai property investment news from a variety of international property news sources.

$100 Million Mansion: Most Expensive Home in U.S. Bought by Russian – Yuri Milner

The most expensive single-family home ever sold in America has just been bought for $100 million by a Russian billionaire. The lush mansion in Silicon Valley has been compared to a French Chateau, thankfully they said on steroids because apart from its size, the mansion has little else in common with any Chateau! With 5 [...]

US$800 Million Tourism Investment for Lombok

Taj Hamaad, an Advisor to the Dubai-based Group Emaar International Properties, have confirmed that they will invest US$800 million in a new tourism resort development in Lombok, an island just east of Bali. read more | digg story See our Bali property guide to know about how to acquire a property in Bali Random PostBali [...]

Putrajaya to become model green city with new development

Inspired by ships: Syed Farouk briefing the media on the Maritime Residences. Driving into Putrajaya is like entering a magical kingdom consisting of buildings with various architectural styles, including from India, the Middle East and Europe. One of the early buildings is the Perbadanan Putrajaya complex, a landmark in Persiaran Perdana, Precinct 3. The building [...]

UAE Sees Property Prices Rebound

The country renowned for its explosive growth, particularly in record-breaking real estate, was not immune to the global financial crisis. Property prices plummeted, with the largest firms halting sales completely. Sales and rentals in Dubai and Abu Dhabi are now leveling off and are projected to…

TA Global mulls setting up REIT for hotels

Datin Alicia Tiah with a model of Azelia@Damansara Avenue KUALA LUMPUR: TA Global Bhd may consider setting up a hospitality real estate investment trust (REIT) to unlock the value of its hotel assets that are located in China, Singapore, Australia and Canada which have a combined asset value of more than RM2bil. Besides the hospitality [...]

Developer in Dubai Stops Selling Real Estate

The state-backed developer, Nakheel of Dubai, has stopped selling real estate units, instead focusing on swap options and consolidations. The idea is to restore customer confidence in Nakheel following the developer’s inability to meet its debt obligations. To learn more about this, read the full article…

$100 Million Mansion: Most Expensive Home in U.S. Bought by Russian – Yuri Milner

The most expensive single-family home ever sold in America has just been bought for $100 million by a Russian billionaire. The lush mansion in Silicon Valley has been compared to a French Chateau, thankfully they said on steroids because apart from its size, the mansion has little else in common with any Chateau! With 5 [...]

World’s tallest building developer, Burj Khalifa’s 1Q profits down 45%

DUBAI, United Arab Emirates: The Dubai developer of the world’s tallest building says its first-quarter profit dropped 45 percent as it handed over the keys to far fewer new homes than it did a year earlier. Emaar Properties posted quarterly earnings of 421 million dirhams ($114.7 million) Sunday, down from 760 million ($207.1 million) in [...]

Toppling the Tyrants by Squatting in Gadaffi’s London Palace [video]

A group of what you might call professional squatters, but would be more likely to call opportunistic anarchists have seized one of Colonel Gaddafi’s London Residences. The group calling itself “Topple the Tyrants” occupied the residence in Hampstead Garden Suburb on Wednesday. “Saif Gaddafi and the Gaddafi regime have taken millions of pounds, billions of [...]

Dubai Rents ONLY Fell 17% in 2010

During the boom Dubai property became world famous for world firsts; a group of man-made islands in the shape of a palm tree here, the world’s tallest tower there, and a group of man-made islands in the shape of the world somewhere else. However, since then it has become famous for a whole other set [...]