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Nakheel wrote off $21.4B in property crash

Nakheel wrote off up to $21.4 billion of its real estate assets due to a property crisis in the emirate, according to a bond prospectus.

September 13, 2011 11:46
 
Time travelling–Qatar’s Amphibious 1000 is like a stroll down UAE’s memory lane

Time travelling–Qatar’s Amphibious 1000 is like a stroll down UAE’s memory lane

Precious de Leon suspects the ambitious Amphibious project may just prove that time travel is possible, seeing as it follows the same extravagance seen in UAE's now-defunct projects of old.

August 8, 2011 3:51
 
Jordan real estate sales up 31 pct year/year so far in 2011

Jordan real estate sales up 31 pct year/year so far in 2011

$5.35 bln property deals overall, 31 pct rise vs last year, Foreign buying picks up 41 pct in first seven months of 2011, Property sector boom driven by apartment demand

August 4, 2011 8:49
 
Humpty House: Dubai house prices to fall another 10 percent –poll

Humpty House: Dubai house prices to fall another 10 percent –poll

A Reuters poll sees the Dubai real estate market continues to be oversupplied by 30 percent while Abu Dhabi prices are also expected to fall another 15 percent before steadying.

July 20, 2011 11:37
 
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