Overseas Property Investment

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

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…

Abu Dhabi and Dubai are likely to benefit from political unrest in other parts of the Gulf by way of the property market. The area is seen as a safe haven in the region for investors. Read more about this in the full article from PropertyWire. Property markets in Dubai and Abu Dhabi are set [...]

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…

We recently reported on the massive Dubai property buying spree as members of the Afghan government and Kabul Bank directors bought up dozens of properties using suitcases of cash — literally. But it is only in new US diplomatic cables that have been released by Wikileaks that we find out the true extent of the [...]

China’s Real Estate Bubble Threatens to Burst [Spiegel] The World’s Richest Man’s New Mansion [Forbes] Billionaire Slim’s Firm Pays $44 Million for Landmark Manhattan Mansion [Bloomberg] The Aftermath Of The Global Housing Bubble Chokes The World Banking System [Business Insider] Reckless Europe beats reckless America at property bubbles [Telegraph] Brazil’s Government Focusing More On Attracting [...]

Distressed sales continue to threaten the progress of market recovery across the globe, particularly in the US, UAE and Ireland as banks work to clear out loans. The number of nations with rising distressed sales is likely to grow in the second quarter, while only a minority of markets including Australia…

Distressed sales continue to threaten the progress of market recovery across the globe, particularly in the US, UAE and Ireland as banks work to clear out loans. The number of nations with rising distressed sales is likely to grow in the second quarter, while only a minority of markets including Australia…

Bank of America Merrill Lynch has just issued one of the starkest predictions ever on Dubai’s residential property market. A report by the firm estimates that prices will fall 15% this year, as a 44,000 unit supply overhang forces a correction to current price levels. "Even if all qualifying expats from Abu Dhabi and Sharjah [...]

INTEGRATED facilities management (IFM) and property developer Faber Group Bhd hopes its revenue from overseas will reach RM1 billion this year, by expanding on its non-concession income base. The group will continue to focus on its businesses in the UAE and India to expand its non-concession income base, especially in the areas of bio-medical engineering [...]

The company will launch one retirement home project in each state every year LIC Housing Finance Ltd (LICHFL), the housing finance arm of state-owned Life Insurance Corp. of India (LIC), plans to enter the retirement home business with the launch of two projects in Bhubaneswar and Jaipur. “Every year, LICHFL plans to develop housing projects [...]