Latest News for Dubai
Dubai property benefits from celebrity association
Friday, 16 Jan 2009
There is not much doubt that if a celebrity’s name is associated with a property in Dubai, this is a major contributing factor in the amount of profits the development will make. Dubai Golf’s director of business development, John Kelliher, says, “'Just having the Tiger Woods signature on any golf...
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Biggest Waitrose supermarket in Dubai Marina Mall launched
Thursday, 15 Jan 2009
On 15 January this year, the Dubai Marina will open its biggest supermarket, a Waitrose store, at the 2009 Dubai Shopping Festival. The Dubai Marina Mall, a newly launched leisure and shopping venue for people who live in the environs of the Dubai Marina,...
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German property developer ACI Real Estate to purchase Define Properties
Wednesday, 14 Jan 2009
The German builder that is constructing several projects on property in Dubai for celebrities is currently in negotiations to purchase the local real estate development company, Define Properties. In June 2008, Define Properties was launched, mere months...
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The Real Estate Regulatory Authority in Dubai reveals scheme to soothe real estate market
Tuesday, 13 Jan 2009
A flurry of statements from Dubai’s Real Estate Regulatory Authority provides new guidelines to aid in the pacification of the current mayhem in Dubai’s property market. These include indexes of rentals, developer grades and plans for new payment options. While there have been no legislative determinations...
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New property in Dubai launched by Coral Hotels and Resorts
Monday, 12 Jan 2009
Coral Hotels & Resorts has launched a brand new property in Dubai; the Coral Al Khoory Hotel Apartments, which is situated just an easy stroll away from two of the city’s top landmark properties, Ski Dubai and the Mall of the Emirates. The apartment hotel is the third property that Coral Hotels & Resorts...
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Waterway transport to link Dubai districts
Friday, 09 Jan 2009
Meetings and negotiations are taking place between Dubai property developers and the Marine Agency at Roads and Transport Authority (RTA) to discuss ways of improving the relationship between real estate developers, RTA and other important partners. Khalid al Zahid, the RTA Marine Agency’s acting CEO,...
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Dubai property stocks surge to new high in 2009
Wednesday, 07 Jan 2009
On Monday, U.A.E. shares rose during the first day of trading, and Dubai property stocks led the way, following foreign market gains. Improving oil prices also helped. The benchmark index of Dubai’s bourse rose over 8% during the day’s middle session, which represented its best gain in a single day...
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Samantha and Lindsay looking for property in Dubai
Tuesday, 06 Jan 2009
Lindsay Lohan, star of the silver screen in Hollywood, is planning to relocate to Dubai with her lesbian lover, Samantha Ronson, in an effort to move away from the unwanted attentions of the paparazzi. The star of Mean Girls and her partner are in the process of looking for a glamorous estate property...
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Consumers benefit from Government Decisions
Monday, 05 Jan 2009
In recent years Dubai has seen a growth unparalleled by other cities around the world. What has taken London and Hong Kong to achieve in decades, Dubai has accomplished virtually overnight. This quick expansion has set enormous demands on accommodation in Dubai and the city has gone through a fast transitional...
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Property in Dubai expected to top the bill for investors this year
Friday, 02 Jan 2009
According to the research by a premier international property firm, the best investment destinations in 2009 will be Tunisia, Egypt and Dubai, with property in Dubai topping the bill in the U.A.E. This is despite the fact that Marr International’s research indicates that Ajman, Ras Al Khaimah and Abu...
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