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UAE lawyer criticizes Damac on UK’s Channel 4

A Dubai-based lawyer criticized Damac Properties on a show broadcast on the UK's Channel 4...

July 29, 2009 12:59
 
Deyaar’s Q2 profits up 38pc

Deyaar’s Q2 profits up 38pc

Deyaar Development's second quarter profits hit AED75.4 million, a 38 percent rise over its first quarter results, but a 69 percent drop...

July 12, 2009 1:35
 
Dubai’s property debacle continues

Dubai’s property debacle continues

A renegade real estate agent was caught, Nakheel slashed 400 jobs, Deyaar's former CEO is accused of taking bribes and Dubai's property sales are half of what they used to be. What's next?

July 9, 2009 2:44
 
Emaar’s merger: Will it change Dubai’s property scene?

Emaar’s merger: Will it change Dubai’s property scene?

Analysts argue that though the move is a positive one, it will not have an impact on the market in the short term.

June 28, 2009 1:21
 
Deyaar in hot water

Deyaar in hot water

Former Deyaar employees have been accused of orchestrating a web of fraud and bribery by a team of prosecutors appointed by Sheikh Mohammed. This is getting serious.

June 22, 2009 9:46
 
Prince Alwaleed jumped the gun

Prince Alwaleed jumped the gun

Emaar accused Kingdom Holding of making a premature announcement.

June 16, 2009 2:32
 
Emaar denies Saudi deal

Emaar denies Saudi deal

The property developer denied on Sunday that it will build Saudi’s kilometer-high tower. So much for yesterday’s market rally.

June 15, 2009 10:02
 
Dubai property prices may fall further

Dubai property prices may fall further

A report by Standard Chartered also says that the first signs of stabilization have appeared.

June 9, 2009 3:33
 
Has the UAE property market bottomed out?

Has the UAE property market bottomed out?

HSBC says maybe. According to the bank, property prices in Dubai rose in April and May, indicating a possible comeback for the nation’s real estate sector.

May 31, 2009 1:41
 
Nakheel back in the game

Nakheel back in the game

The Dubai-based developer has confirmed that it will be using some of the funds given by the government to repay its debtors.

May 28, 2009 12:07
 
Why was UAE’s first property auction a flop?

Why was UAE’s first property auction a flop?

Dubai’s first property auction fared worse than it expected. The market needs to step up its drive to attract investors.

May 27, 2009 3:40
 
No more property market speculation for a generation

No more property market speculation for a generation

So says Nobel Prize winner Paul Krugman, who believes that the current real estate crash was “one hell of a lesson” for greedy investors.

May 26, 2009 3:52
 
Rera sets new rules

Rera sets new rules

Rera is working overtime to promote transparency and boost investor confidence in Dubai’s real estate market. Is it working?

May 17, 2009 12:22
 
Arabtec drops the bomb on Dubai

Arabtec drops the bomb on Dubai

Arabtec singles out government-owned developers for Arabtec’s gargantuan backlog, even though he said he wouldn’t.

May 11, 2009 10:30
 
CLT + ALT +DEL

CLT + ALT +DEL

Dubai’s Rera and the Land Department have formed a joint committee to decide on the projects in the emirate that will be cancelled.

May 7, 2009 11:43
 
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