Dubai has more hotels under construction than any other city in the world, according to a new report by hotel projects tracker, tophotelprojects.com The Middle East tourist hotspot currently has a massive 97 hotels under development and 35,154 rooms due to come online, more than its rival getaways New York (43), Berlin (49) and even[…]

The Dubai property market is showing good signs of a recovery, with many neighbourhoods reporting the first increases in value since 2008, a new industry report has revealed.

Investors can stay in UAE for three years without leaving and sponsor their families. Details surrounding the new three-year real estate visa announced by the UAE government last week are flying in thick and fast. While this website on Monday spoke to a source who claimed to be in the know as to what was[…]

On June 28, the UAE government approved plans to extend the residential visa from six months to three years in a bid to boost the ailing real estate sector. While the new visa is seen as a positive step forward, analysts say other factors weighing down the market are likely to continue to impede demand[…]

DUBAI: Residents of the emirate are highlighting what they claim are widespread inconsistencies in Dubai Municipality’s housing fee. Many say the municipality is overcharging them on the monthly fee, taking too long to process requests for corrected rates, and refusing to refund the excess charges they have paid. Others admit they are paying nothing at[…]

Overseas Property investors are once again being courted by the United Arab Emirates with the extension of the residency visa scheme currently at six months to a term of three years for those foreigners buying property in the Emirates.

Dubai-based developer DAMAC Properties has predicted that planned government spending of USD 452 billion on Gulf Cooperation Council (GCC) infrastructure projects will begin to resonate in regional property markets within the next 12 months.

DUBAI – The UAE government decision to extend the residence visa period for real estate investors to three years will significantly enhance investor confidence and drive the growth of the country’s property sector, a top official of Emaar Properties said.

It seems that the confidence in Dubai real estate market is stabilising with one of the Largest European banks dropping interest rates significantly to 5.49 % and the bank also increased loan to value rates from 70 to 80% for eligible and qualifying clients.

Index, the 80-storey building developed by Union Properties, has been awarded the 2011 Best Tall Building Award for the Middle East and Africa region by the Council on Tall Buildings and Urban Habitat (CTBUH).