Dubai World Tribunal Rejects Contempt Case Against Nakheel
DUBAI (Zawya Dow Jones)–Dubai real-estate developer Nakheel said Thursday a special tribunal relating to Dubai World dismissed a contempt case against the real-estate developer.
DUBAI (Zawya Dow Jones)–Dubai real-estate developer Nakheel said Thursday a special tribunal relating to Dubai World dismissed a contempt case against the real-estate developer.
Commercial Real Estate Dubai will be more cheerful for the investors. With the freehold property law getting initiated we get more housing deals which encountered an impetus in recent times. For the interest of investors, observers believe that the future looks promising for the Commercial Real Estate Dubai. People with ready cash or those who[…]
Dubai’s Real Estate Regulatory Authority (RERA) has approved more than 150 home owners associations, the head of the real estate watchdog has said. “We have registered more than 150 home owners associations,” Marwan Bin Ghalaita, CEO of RERA, told Arabian Business.
The Dubai Electricity and Water Authority (DEWA) has confirmed that it will complete the major Substation M Project at Jebel Ali this year. Designed to add 2000 MW of electricity power and 140 million gallons of desalinated water to DEWA’s generation capacity, the substation is one of the authority’s biggest projects, with costs expected to[…]
DUBAI – Emaar Properties, the developer of the world’s tallest building, plans to issue a benchmark dollar bond and pricing is expected to be announced on Thursday (today), according to sources. Last week, the developer announced that the company had hired top three global banks to arrange fixed-income meetings ahead of a possible bond issue.
Dubai: Nakheel, the Dubai-based real estate developer, is on track to issue a $1.63 billion Islamic bond, or sukuk, by the end of the first quarter, the company’s chairman said yesterday.
While working on a documentary with San Jose State’s journalism program earlier this month, I got a firsthand look at how Dubai and the other United Arab Emirates are taking an approach that has been debated by California for luring in businesses. And, for the most part, it seems to be working. What the UAE[…]
Dubai Marina has retained its title as the city’s most popular property hotspot for those looking to rent or buy, new data from real estate website propertyfinder.ae has found.
The 10% differential in fourth quarter of 2009 is now up to 15% Dubai: Investors are less likely to try selling their property in Dubai as the gap between asking price and achieved value widened further in the past 12 months. The 10 per cent differential between asking and achieved prices during the fourth quarter[…]
Dubai’s real estate sector will remain under stress in 2011 with occupancy levels dropping further across all asset classes “due to massive new supply,” leading property analysts said on Sunday. Oversupply will continue to impact residential, office, and retail space markets in Dubai in 2011, they said.