Overseas Property Investment

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

Slight movement in both directions across different sectors of the Dubai property market are acting to balance out the overall look of real estate in the emirate, and analysts wonder whether this is a sign the bottom has been reached and to expect a rebound, or if the recovery is a fluke and falling…

Growth in new rental property combined with an exodus of renters is causing rental property prices and values to fall in the United Arab Emirates and the trend is set to continue, according to analysts. The report by Kuwait-based Global Investment House indicates that prices have fallen 56% in Dubai…

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 [...]

The United Arab Emirates is emerging as an affordable, attractive option for companies looking for office space. With rents down and stability in the area, it may soon become a major contender in the international corporate marketplace. To learn more about this, read the full article from PropertyWire…

After a prolonged downturn in the United Arab Emirates (UAE) housing market, the government hopes for a positive turnaround by the end of 2011. Home values continued to fall throughout 2010, well over a year after the bubble burst. See the following article from Global Property Guide for more on this…

Dubai seemed to bear the brunt of the recent real estate crash, but upscale projects like Palm Jumeirah have held their own while new supply is sending rents down sharply in Abu Dhabi. In both Arab emirates, commercial tenants enjoy the upper hand and upgrading is the new trend among residential buyers…

KUALA LUMPUR: Bandar Raya Developments Bhd (BRDB), which recently signed supplemental agreements with UEM Land Bhd, the master developer of Nusajaya, to buy a 60% stake in a special-purpose vehicle used for the development of Residential North in Puteri Harbour, is planning to expand its presence in the township. The project, on a 111-acre freehold [...]

ABU Dhabi’s Mubadala Development Co’s entry into an agreement with 1Malaysia Development Bhd (1MDB) yesterday to participate in developing a multi-billion-ringgit commercial project in Kuala Lumpur came some four months after the announcement on the collaboration was earlier planned. Mubadala yesterday said it is ready to participate in building the RM26 billion Kuala Lumpur International [...]

An Austrian developer is to become the first to build on the famous come infamous Dubai World Islands — an archipelago of islands loosely matched to a map of the world; loosely in that the islands are in roughly the same place as the corresponding country on the map, but the islands are not shaped [...]

Hanoi, the Vietnamese capital is to become home to the second largest tower in Asia, material proof of the growing economic prowess of Asia’s brightest emerging markets. The design of Nikkei Sekkei, a Japanese architectural firm was chosen for the 102 storey, 528 meter tower to be built in the Me Tri commune in Hanoi’s [...]