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.
The developer also plans to construct an amphitheatre on The Walk alongside the hotel.
Some experts predict a further hike in sales prices, though other insiders say that rates have stabilised.
The proposed financing comes ahead of a $1.25 billion bond maturity in May 2014
Luxury property developer dismisses fears of another market crash.
Sobha, in a joint venture with Dubai’s Meydan, is currently developing the Dhs25 billion Mohammed Bin Rashid City – District One project.
DIFC Properties is looking for investors to develop about 10 million sq ft of property through joint ventures
Emaar boss says the market is better regulated and current growth is sustainable.
Driven by growth in Dubai’s property market, Middle East investors are looking to invest in real estate both globally and regionally.
Palm Deira is likely to be renamed, one of the sources said.
A mixed-use development in Deira, a Boardwalk and a new beach at Palm Jumeirah will add to Nakheel’s portfolio.
The mega-development will be spread over an area of six million square metres.
New design details for 100-plus storey skyscraper revealed by real estate group at Cityscape Global.
Dubai Properties Group will complete the Palazzo Versace Hotel and the D1 Residential Tower in 2014.
The first half of the year saw Dubai’s residential market sustain positive growth across both the rental and sales sectors.
The massive mixed-use project, called Al Habtoor City, will include three hotels and three residential blocks.
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.
The $3 billion development will offer more than 3,000 hotel and residential units on one plot, set to be completed by 2017.
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.