The Property News
RERA chief denies petition from worried investors
Watchdog CEO says he did not receive letter of concern reportedly signed by 300 investors.
Contractor picked to complete Lagoon project
Developer makes new pledge to step up progress on much delayed $817m scheme.
Dubai property 15th most expensive in the world - study
Monte Carlo tops list; Dubai draws average price tag of $7,151 per square metre.
Abu Dhabi developer offers to renegotiate prices
Bloom Properties is ofering to review customer's price and payment plans.
UAE's Aldar to shift focus to mid-range properties
Abu Dhabi's biggest developer rejigs future project plans amid demand slump.
Bank warns Qatar's property 'bubble' may burst
Markaz calls for a 'close watch' on the Qatar real estate sector following Dubai's downturn.Rent disputes dropped 50% in 2008 – Rera
Gulf emirate sees 369 rent execution files in 2008 compared to 735 in 2007.
Qatar house prices to fall 10% in 2009 - Colliers
Property consultant feels stable economy and rising population may cap further falls.
Super-rich snap up Al Barari properties
EXCLUSIVE: $6.4bn luxury residential development has 'more billionaires than anywhere in world'.
RAK plans $5bn economic city in India
Investment arm of RAK to build business centre in Hyderabad to expand abroad.Sorouh Real Estate triples Q3 net profit
UPDATE 1: Abu Dhabi-based property company says Q4 should be just as strong.Emaar Properties Q3 profits fall by 3.8%
UPDATE 1: Developer posts net profit of $408mn after taking writedown relating to US unit.
Real estate chiefs dismiss 'correction' reports
Property companies says Gulf, and UAE in particular, is still good place to invest.
First Dubai posts 1,130% profit rise
Real estate company says profits for 2008 so far hit $130mn, compared to $10mn previous year.
Saudi developer Al-Oula to raise $800mn via sukuk
Two-year timetable to obtain credit rating and finance expansion plans.
Bahrain $265mn IPO to go ahead despite crunch
Developer Naseej to seek funds from market in Nov., says business model unchanged.
Nakheel may scale back land reclamation
Developer looks to cut costs, but says no need for external financing until 2010.
New real estate laws in pipeline for Abu Dhabi
EXCLUSIVE: Municipality in talks over radical shake-up to property market.
