News Archive: archive

08, 2010 April:

Longer visas to aid UAE market?

State aid is needed to boost the property market in the United Arab Emirates with experts suggesting that more loans and longer visas for foreign buyers could kick start a real estate recovery...

06, 2010 April:

World's tallest building reopens

The 'At the Top' viewing deck of Dubai's Burj Khalifa, the world's tallest building, has reopened after being closed for maintenance for almost two months, an employee said yesterday...

29, 2010 March:

Valuation standards needed in Gulf

More professional property valuation standards are needed if confidence is to return to real estate markets in the Gulf region, it is claimed...

22, 2010 February:

Gulf market to bottom out?

The real estate market in the Gulf is likely to bottom in the second quarter of this year but the expected rush of distressed assets and entry of vulture funds has not yet materialised, it is claimed...

19, 2010 February:

Gulf developers: ‘creative negotiation'

Real estate developers in the Gulf region are going to have to negotiate creatively with investors during 2010 to avoid a rise in defaults, it is claimed...

18, 2010 February:

UAE inflation at 9-year low

Falling property prices pulled the inflation rate down to a nine-year low last year, Government figures show...

04, 2010 January:

Abu Dhabi: prices stable

Property prices in Abu Dhabi remain stable but only a small number of investors are currently active in the market and many are waiting for completion dates for 2010 before committing, it is claimed...

22, 2009 December:

Dubai ‘delaying UAE recovery'

The recent chain of events in Dubai could delay the recovery for the United Arab Emirates real estate sector and put renewed downward pressure on property prices and rentals, it is claimed...

16, 2009 December:

Abu Dhabi bailout: verdict

Abu Dhabi's $10 billion bailout of troubled Dubai will do little to rescue its beleaguered property market or to tempt overseas buyers back to the emirate until late 2011 and beyond, it is claimed...

14, 2009 December:

Abu Dhabi bails out Dubai

Abu Dhabi has bailed out struggling Dubai based developer Nakheel to enable it to pay a $4.1 billion sukuk bond due to be paid today...

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