Archives for the ‘Real Estate’ Category
  Property is gloomy, not booming»

Dubai’s Damac Properties has announced that the property boom is back with a bang. We are speechless.

January 6, 2009

Switch on to realty TV»
‘The Hydra Executives,’ the UAE’s version of ‘The Apprentice,’ is going to start airing this week. Are you waiting to watch it?

January 5, 2009

Brushing off the builders»
The Dubai Real Estate Regulatory Authority is starting a new system through which it hopes to reduce the excessive number of developers in the city.

January 4, 2009

Diary of a distressed property investor, Part II»
I've visited Rera, confronted the developer and spoken to the real estate agent I bought the property from. I've gotten nowhere.

January 3, 2009

Not creating a new real estate bubble»
While Dubai’s property boom may be going bust, the authorities seem to be taking precautions to regulate the market better in the future.

December 31, 2008

Diary of a distressed property investor, Part I
Diary of a distressed property investor, Part I»
It was a quick sale, and I fell for it. I bought the property. Now I’ve got the fourth installment staring me in the face and no financing. Now what?

December 24, 2008

Labor woes in the Middle East, Part I
Labor woes in the Middle East, Part I»
The global credit crisis is ripping through economies in the Middle East, forcing companies to announce hefty job cuts. Nowhere, not even the Gulf, has been spared.

December 14, 2008

UAE: Coping with its “new realities”
UAE: Coping with its “new realities”»
EFG-Hermes’ annual UAE Research Yearbook is out. The nation has suffered, but there may be some positive changes in store.

December 11, 2008

In Egypt, love isn’t enough»
The difficulty of finding and affording an apartment has forced couples to postpone marriage. But new housing policy reforms may be giving young couples a break.

December 9, 2008

Forward thinking? What for?»
Meraas Development has announced it will be “reviewing” its business strategy for Jumeirah Gardens because of changing investor needs. Didn’t they notice that investor needs were changing when they launched two months ago?

December 4, 2008

Nakheel goes on firing spree»
Nakheel follows the latest trend among developers and sacks 500 employees, approximately 15 percent of its workforce.

November 30, 2008

Jumeirah Village’s pylons»
Do the pylons close to the Emirates Road threaten Nakheel’s promise for ‘holistic living’ in Jumeirah Village? You decide.

November 26, 2008

Alabbar’s finger is “on the pulse”»
Even as Emaar hints that it may lay off its employees, its chairman, Alabbar, says that Dubai’s success story continues to attract international investors.

November 25, 2008

Not so Limitless»
Paul Green, the CFO of Limitless, has resigned. According to rumors, the company is so strapped for cash it has funds to pay employees for only four more months.

November 20, 2008

Property: we’re going in circles»
Property prices on the Palm have dropped 40 percent; Amlak isn’t giving anymore mortgages; and buyers have vanished. For now, Dubai's property market doesn’t look good.

November 20, 2008

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