Latest News for Dubai
Property forums top choice for 2009 is Morocco
Friday, 16 Jan 2009
Property forums around the world have yielded a surprising winner in the ‘best places to consider investing’ for this year. Property in Morocco, it turns out, is leading the market as a top investment destination, even though the markets for property in the US, Dubai and the UK have been in the headlines...
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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,...
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Property in Egypt a safe harbour from global financial woes
Thursday, 15 Jan 2009
While the rest of the world suffers in the throws of a global financial meltdown, property in Egypt, especially in the resorts along its Red Sea coast, is proving to be a safe haven from the economic woes of the rest of the world. Investors are afforded...
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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, offers residents a mixture of top class retail...
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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 before the international financial crisis became...
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A perfect investment or holiday home property in Egypt
Wednesday, 14 Jan 2009
The Marlion Residences property in Egypt is situated in one of the most sought-after places in Hurghada, mere metres from its very own private beach and just a short stroll away from the host of amenities that the Hurghada centre has to offer. Step out of the apartment, and you will find yourself on...
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The Address Hotels & Resorts team manages Morocco polo retreat property
Tuesday, 13 Jan 2009
Emaar Hospitality Group’s local 5-star brand of hotels, The Address Hotels & Resorts, has just signed a contract with Azmi Abdelhadi Group to manage its new Morocco property in the Jnan Amar Retreat. The first-rate multi-purpose project in Marrakech, which will be launched in 2011, encompasses 40 hectares...
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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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Construction of new city in Morocco launched by King Mohammed
Monday, 12 Jan 2009
On Thursday, King Mohammed VI launched the construction of the new $2.9 billion city north of Morocco, which is scheduled for completion in 2020. The city, which has been named Ch’rafate, will be built on 1,300 hectares of Morocco property located in Fahs Anjra, and provide 30,000 houses for over 150,000...
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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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