September 7, 2009

Property auctions in the UAE will become more popular over the coming months as the real estate industry looks for new ways to boost flagging sales, a new report published on Monday predicted.

September 7, 2009

Dubai apartment prices fell 17 percent in the second quarter, while villa prices plunged 24 percent, Landmark Advisory said on Sunday.

September 7, 2009

Property in the UAE showed further signs of recovery on Monday after transaction volumes in June and July reached levels of the third quarter last year, a new report published on Monday found.

September 6, 2009.

Dubai has begun fining those who violate the "one villa one family" rule Dh50,000, a senior government official told Emirates Business.

September 2 2009

Average prices of residential properties in Dubai fell by 24 per cent in the second quarter of 2009, with the rate of decline now slowing, according to Jones Lang LaSalle Mena.

September 2 2009

Properties along the Metro lines have seen their prices increase marginally.

September 2 2009

Most investors in the AED20 billion ($5.4bn) Awali City project in Ajman have stopped payments for the past eight months, it was revealed on Monday.

September 2 2009.

Dubai's battered real estate sector will start to emerge from the impact of the global economic crisis in the first quarter of 2010, the boss of the company behind the $4bn Dubai Pearl project said on Monday.

August 20 2009

Brokerage firms in the UAE have recorded significant declines in revenues in the past 12 months owing to the slowdown in the real estate sector, with losses running into high double-digits, real estate brokerage companies told Emirates Business.

August 20 2009

Dubai World is reconsidering its involvement in a US$4.5 billion (Dh16.52bn) port and property project in Malaysia because of the economic crisis, MMC Corporation, its Malaysian partner in the development, said on Wednesday.