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Housing Shortage Poses A Dilemma For Kuwait

Kuwaiti men can apply for government housing after marriage, receiving loans that are paid off slowly.

UAE Central Bank Confirms Mortgage Caps

First time expat buyers will have mortgages limited to 75 per cent of a property’s value with UAE nationals limited to 80 per cent.

Emaar Launches $3bn Project In Iraqi Kurdistan

The “Erbil Downtown” project is due to be completed in three stages over a period of around five years

Emaar Posts 50% Q3 Profit Jump

Emaar made Dhs581 million in the quarter ending September 30 compared with Dhs387 million in the corresponding period in 2012.

Dubai’s Arabtec Wins $53m Deal To Complete Palm Island Hotel

Arabtec will build two mixed-use towers for the 332-room Tiara Hotel on Palm Jumeirah

Damac Boss: UAE Banks “Too Timid”, Not Lending Enough

The Dubai-based property developer said that facilitating mortgages for non-residents would help drive real estate investments.

Rents Rise In Dubai’s Cheaper Communities

Communities like International City and Jumeirah Village Circle are seeing a rise in demand.

Dubai Property Projects Need Strong Funding

Expert says buyers should have a long-term perspective in mind when purchasing property, which would make the market more sustainable.

Dubai Properties Group Launches 450 New Villas In Mudon Community

DPG announced the new villas following the sell-out of all the initial units in its Dubailand-based residential project.

Dubai’s Hotels See Occupancy Rates Rise To 79%

Dubai’s hospitality sector has been recording a strong growth rate.

Dubai’s Property Market Is Back… But Is The Greed Too?

With a deluge of new projects, it remains to be seen if the government’s measures will make Dubai’s property market sustainable.

Dubai Properties Group Plans New Beachfront Hotel In JBR

The developer also plans to construct an amphitheatre on The Walk alongside the hotel.

Will Dubai’s Property Prices Continue To Rise?

Some experts predict a further hike in sales prices, though other insiders say that rates have stabilised.

Abu Dhabi’s Aldar Seeks $1.5bn Finance Before Bond Maturity

The proposed financing comes ahead of a $1.25 billion bond maturity in May 2014

Damac MD Confident In Dubai Property Market

Luxury property developer dismisses fears of another market crash.

Dubai Developer Sobha To Hire 2,000 As Mega Project Takes Shape

Sobha, in a joint venture with Dubai’s Meydan, is currently developing the Dhs25 billion Mohammed Bin Rashid City – District One project.

Dubai’s Financial District Plans $4bn Expansion

DIFC Properties is looking for investors to develop about 10 million sq ft of property through joint ventures

Exclusive: Emaar’s Mohamed Alabbar Dismisses Property Bubble Fears

Emaar boss says the market is better regulated and current growth is sustainable.

Dubai Property Demand Creating A Seller’s Market

Driven by growth in Dubai’s property market, Middle East investors are looking to invest in real estate both globally and regionally.

Dubai’s Nakheel To Restart Work On Palm-Shaped Island – Sources

Palm Deira is likely to be renamed, one of the sources said.

Nakheel Announces Trio Of Waterfront Projects

A mixed-use development in Deira, a Boardwalk and a new beach at Palm Jumeirah will add to Nakheel’s portfolio.

First Picture: The Lagoons Masterplan

The mega-development will be spread over an area of six million square metres.

Meydan Releases 444 Serviced Apartments In Entisar Tower

New design details for 100-plus storey skyscraper revealed by real estate group at Cityscape Global.

Dubai Properties Group Proceeds With Creekside Culture Village

Dubai Properties Group will complete the Palazzo Versace Hotel and the D1 Residential Tower in 2014.

Dubai Apartment Rents Up 4.5% In Q3

The first half of the year saw Dubai’s residential market sustain positive growth across both the rental and sales sectors.

Dubai’s Al Habtoor Group Launches $3bn Mega Development

The massive mixed-use project, called Al Habtoor City, will include three hotels and three residential blocks.

What Does $250 Million Buy? One Of Al Habtoor’s Uber-Luxe Penthouses

Eleven penthouses, including two VIP penthouses on levels 72 to 74, will offer the height of luxury living at the newly announced Al Habtoor City.

First Look Pictures: Al Habtoor City

The $3 billion development will offer more than 3,000 hotel and residential units on one plot, set to be completed by 2017.

Nakheel Posts 58% Nine Month Profit Hike

Nakheel made a net profit of Dhs1.77 billion in the nine months to September 30, versus Dhs1.12 billion in the corresponding period of 2012.

Al Habtoor Chairman Backs Dubai Expo Win

Real estate veteran Khalaf Al Habtoor says Dubai will quash rivals in November.