Dubai real estate in recovery
Jones Lang LaSalle predicts that the Dubai real estate market is in the recovery stage—but the good news applies only to projects in prime locations.
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Jones Lang LaSalle predicts that the Dubai real estate market is in the recovery stage—but the good news applies only to projects in prime locations.
April 15, 2013 1:38Dubai is certainly monitoring the market more closely now than it did before the crash.
February 28, 2013 8:57Given the number of major real estate announcements over the past few weeks, one could be forgiven for thinking that we were back in 2006 and 2007 again
December 3, 2012 4:48Many of the new announcements do not represent new plans, but the re-launch of projects that were first launched in 2006 and 2007 and subsequently placed on hold following the impact of the GFC in 2008.
November 29, 2012 11:26European banks have been cutting back their foreign lending because of financial pressures in their home countries, while many have been burned by Dubai debt restructurings since 2009.
November 28, 2012 9:05What do you think of Emirate's latest announcement?
November 25, 2012 10:31"The current facilities available in Dubai need to be scaled up in line with the future ambitions for the city," Sheikh Mohammed said.
November 25, 2012 8:45The emirate is once again dreaming big with plans for a city centre canal and a $1 billion replica of India's Taj Mahal.
November 22, 2012 9:00It seems that Dubai is developing an insatiable appetite for sought after residential projects in key areas.
November 21, 2012 4:33Developer Nakheel, whose extravagant projects helped trigger Dubai's 2009 debt crisis and which has written off about $21 billion from its portfolio since the crash, pitched its third new project this year.
October 3, 2012 4:28The hoo-ha between developers, landlords, home owners and tenants concerning service fees has been going for well over 18 months. Alas, RERA steps in to prove the A in its name really does name stand for ‘Authority’.
September 4, 2012 3:46Kipp jumps on the recovered-real-estate bandwagon as we tell you about the 21 percent increase in land transactions Dubai has enjoyed over the past six months alone.
August 7, 2012 3:01Contrary to recent reports about Dubai’s real estate resurrection, the property sector is facing problems far worse than dry swimming pools and empty pockets.
June 24, 2012 3:55Some may say the property sector is slowly recovering, but has investor confidence truly returned to the masses? Our exclusive findings with YouGov Siraj put you in the know...
January 23, 2012 3:20Though analysts seemed divided on whether 2012 will be the year of recovery for Dubai realty, Kipp isn’t feeling the optimism.
January 3, 2012 3:51