Dubai expats’ housing allowance levels lag when compared to the sharp rise in rents and inflation.
The plots are priced between Dhs1.1 million to Dhs3.3 million, the developer announced.
The developer will hold investor meetings in the UAE, Singapore, London, Hong Kong and Switzerland.
New government regulations in the emirate are starting to take effect, says new report.
Aldar’s latest properties will add on more units in Abu Dhabi’s Shams neighbourhood.
Banks who violate the new rule should be fined and suspended, says Abdulaziz al-Ghurair, head of the UAE Banks Federation
House prices in the emirate have jumped over 20 per cent in the last year, prompting the IMF to warn in July of the risk of another bubble forming.
Repeat holidaymakers and executives can now buy a slice of Penthouse luxury living.
The Abu Dhabi builder made a profit of Dhs407.5 million compared with Dhs205.7 million in the corresponding period of 2012.
Oman began to introduce Islamic finance last year, becoming the last of the six Gulf Cooperation Council states to do so.
The Bahrain company bought high-end offices and retail space in greater Chicago, Los Angeles, Minneapolis and New York.
Abu Dhabi’s property prices have risen throughout the year as rents have stabilised due to continued demand.
The new portal will provide information on real estate and support stakeholders across the industry.
A new report shows investors from the Emirates favour London, Paris and Geneva for overseas property.
Citigroup and Deutsche Bank are joint bookrunners for the offering.
Dubai’s housing market is rebounding strongly, with prices up over 20 per cent in the last 12 months.
Dubai’s property investors have been seeing a net yield of six per cent in just Q3 2013.
The government’s latest regulation highlights the importance of responsible financing and purges the overactive mortgage providers.
Dubai’s house prices have risen over 20 per cent in the last 12 months.
Kuwaiti men can apply for government housing after marriage, receiving loans that are paid off slowly.
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.
The “Erbil Downtown” project is due to be completed in three stages over a period of around five years
Emaar made Dhs581 million in the quarter ending September 30 compared with Dhs387 million in the corresponding period in 2012.
Arabtec will build two mixed-use towers for the 332-room Tiara Hotel on Palm Jumeirah
The Dubai-based property developer said that facilitating mortgages for non-residents would help drive real estate investments.
Communities like International City and Jumeirah Village Circle are seeing a rise in demand.
Expert says buyers should have a long-term perspective in mind when purchasing property, which would make the market more sustainable.
DPG announced the new villas following the sell-out of all the initial units in its Dubailand-based residential project.
Dubai’s hospitality sector has been recording a strong growth rate.
With a deluge of new projects, it remains to be seen if the government’s measures will make Dubai’s property market sustainable.