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Dubai Property Prices to fall by 2011 Tamweel announced that it expects higher growth in 2008 Realty Capital cooperates with Al Naboodah to boost i-Rise |
News Archive of June 2005 Page 1
Investing in Real Estate
There are many questions to ask before making a property investment, wherever the location. For a start, be aware of other developments in the area that may flood the market with oversupply. Understand the financial environment too, i.e. interest rates, associated costs and hidden charges.
Aldar picks Saudi Oger Emirates for new project
Aldar Properties announced yesterday that it had awarded Saudi Oger Emirates a principal construction contract for the new state-of-the-art Imperial College London Diabetes Centre in Abu Dhabi.
Dubai stock market declines
Dubai shares fell more than two per cent yesterday, snapping a five-day winning streak, led by investment firms while Abu Dhabi stocks shed half a per cent in an overall weak market.
Emaar unveils villas at Emirates Hills
Emaar Properties has unveiled a limited edition of exclusive villas the Montgomerie Maisonettes and Dyaar Al Hambra communities at its Emirates Hills development.
Amlak helps sustain bullish trend on Dubai share market
Dubai shares rose more than half a per cent yesterday, rising for a fifth straight day, helped by mortgage lender Amlak, but Abu Dhabi stocks fell more than 1 per cent as bank shares fell.
ADSM to have 60 listings soon
The Abu Dhabi Securities Market (ADSM) will have at least 60 companies listed by year end and the market will be dominated by local entities, the market’s chief said yesterday.
Ajman issues decree on rental properties
A decree regulating the relationship between tenants and landlords was issued yesterday by Shaikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman.
New laws raise stature of Dubai financial hub
The Ruler of Dubai has enacted five laws to deal with legal, employment and security issues in the Dubai International Financial Centre.
ADCB gives big loan to Festival City
Al Futtaim Group, a leading business house in the UAE, has secured a Dh660 million from Abu Dhabi Commercial Bank to partly finance the construction of a big hotel and business hub in the Dubai Festival City.
Dubai Financial Market hits Dh4.4 billion
Total value of shares traded on the Dubai Financial Market touched a record of Dh4.42 billion yesterday led by Emaar Properties, official figures showed.
Emaar Financial Services launches online trading
Dubai-based Emaar Financial Services launched the UAE’s first online real-time e-trading yesterday, and it will be followed within weeks by a mobile phone-based trading service.
DIC to attract Dh 5 billion in industrial investments
Dubai Industrial City, which is under development in Jebel Ali, is all set to attract up to Dh5 billion in industrial investments over the next five years.
The city of clusters - Dubai
Dubai has successfully implemented the concept of cluster development, eminently proven by the likes of Silicon Valley. The approach has changed the profile of Dubai in the last couple of years or so, beginning with the establishment of Dubai Internet City and the Media City.
Park Hyatt ready to open first hotel in Dubai
Park Hyatt, part of the Hyatt International’s chain of hotels, will open its first property in Dubai in autumn at the Dubai Creek Golf and Yacht Club.
Rotana Hotels to open two five-star Dubai properties
Abu Dhabi-based hotel operator Rotana Hotels, Resorts and Suites is opening two five-star hotels involving a combined investment of Dh1 billion, this summer in Dubai.
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