Nakheel accomplished yet another milestone at Waterfront casting the raft foundations for two of its 132kV substation...More

Dubai: The total value of land transactions in Dubai on Monday peaked at 340.29 million, of which sales exceeded Dh24...More

Starting from January 1, 2009, developers and banks have been ordered to stop taking payments more than 20 per cent o...More

In times when a little money has to be made to go a long way, residents at one of Dubai  prestigious freehold cl...More

Dubai: Citigroup Incorporated has arranged more than $8 billion (Dh29.3 billion) finance for various Dubai government...More

The proposed Trump Tower on the Palm Jumeirah, a Dh2.9 billion (US$800m) project announced earlier this year, has bee...More

Brussels: The European Commission has approved a 200 billion euro ($260 billion) EU-wide stimulus package aimed at re...More

Omniyat Properties, the real estate arm of Omniyat Holdings, is reprioritising its strategies in response to the glob...More

Dubai: QE2, the world's most famous ocean liner, has left Southampton, UK, on her ultimate voyage to Dubai. She will ...More

Bonnington Land has cancelled developments on three of its plots at Jumeirah Village because of a shortage of electri...More

Real estate mortgage loans to residents jumped by 92 per cent to Dh87.57 billion in the year to June compared to Dh45...More

Sliding property sales and severe slowdown in the global real estate market have forced Damac Properties to slash 200...More

The deadline for Dubai developers to register under the pre-registration system for off-plan properties has been exte...More

Mortgage rates in the UAE are likely to rise further due to the liquidity strain, while the loan-to-value (LTVs) rati...More

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, ...More

Dubai, October 19, 2008: Further to our joint press release dated October 4, 2008, the two parties have continued to ...More

The transfer of $19 billion (Dh70bn) to the Ministry of Finance (MoF) to inject the liquidity into the national banki...More

The Dubai index ended with its biggest-one day gain ever, jumping 10.53 per cent, as a government vow to guarantee de...More

The UAE stock market slump worsened yesterday amid further turmoil across the Gulf.

The Dubai Financial Marke...More

Dubai developers Nakheel yesterday announced plans to build a tower which could stand one kilometre high (3,280 feet)...More

Dubai, UAE shares plunged on the first day after the markets opened following the Eid al Fitr holidays, dashing expec...More

RERA, Land department senior official mentioned the following:  Rather than making 20 %, maybe investors will ma...More

If a correction in the UAE real estate market is imminent, it will be high-end property values that suffer most rathe...More

Abu Dhabi As oil prices surged and Gulf states laid out lofty strategies to diversify their economies, one internatio...More

Palm Utilities, a subsidiary of Istithmar World PJSC, a major investment holding company incorporated in the Dubai Wo...More

The United Arab Emirates Central Bank said on Monday it would set up a Dh50bn ($13.6 billion) emergency facility to e...More

Dubai House prices in Dubai are set to decline by up to 20 per cent by 2011, adding fuel to the plethora of predi...More

The UAE's economy is strong enough to escape the effects of the global credit crunch that led to the collapse of Lehm...More

The UAE and GCC banking sector is expected to experience tightening liquidity and increasing interest rates following...More

Following the bankruptcy announcement by Lehman yesterday, real estate analysts said there could be a decline in prop...More

Dubai Landlords of apartments housing a large number of bachelors would end up paying up to Dh50,000 in fines, a seni...More

DUBAI , Kylie Minogue is to perform for 2,000 guests at the grand opening of the Atlantis hotel on Palm Jumeirah in N...More