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Dubai’s Nakheel says stops sales of new properties

Developer Nakheel Dubai World's property arm that is restructuring $10.9 billion in debt, said it has stopped selling new properties and is focusing on consolidation.

April 26, 2011 4:33
 
The Force Majeure Farce

The Force Majeure Farce

Though "force majeure" traditionally referred to acts of God like floods, earthquakes and other unexpected natural disasters, the term has taken on a whole new meaning in Dubai; much to the benefit of local property developers.

April 26, 2011 3:09
 
Property Woes

Property Woes

As RERA announces a certain Oqood bias, Kipp takes a look at some particularly dreary Q1 developments in the property sector.

April 25, 2011 3:49
 
Opening the gates: a UAE property round up

Opening the gates: a UAE property round up

Nakheel wins advance payments case; Tamweel seeks new funding; Musanada announces new Emirati housing project

April 19, 2011 4:15
 
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