Archive for the Category ‘Housing & Property’

Landlords asked to select new development design

Landlords asked to select new development design

Al Ain: The Al Ain Municipality in cooperation with Aldar Properties is inviting Emirati landlords in the Shubat Al Wata area of Al Ain to choose architectural designs for their housing units as part of its efforts to project a modern image of Al Ain. The designs featuring Andalusian, heritage and Islamic architecture are available [...]

International City: Squalor township

International City: Squalor township

DUBAI: Residents of International City are concerned about a “hidden” urban squalor inside the township’s cramped rooms and the “invasion” of bachelors that are driving families away. Many have complained about the self-contained community being turned into a virtual labour camp — where a large number of Asian workers have migrated from the now-empty labour [...]

Bollywood actress Minissha Lamba reacts

Bollywood actress Minissha Lamba reacts

Dubai: Bollywood actress Minissha Lamba has reacted angrily to claims linking her to a failed UAE property project exposed by XPRESS last week. Lamba and Hollywood star Tara Reid were reported by agents to be hunting for a property on the Dh1.2 billion Santorini Development project on Al Marjan Island, off Ras Al Khaimah. However, [...]

Gap between asking price property value widens

Gap between asking price  property value widens

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 of 2009 is now estimated at 15 per cent, according to newly released [...]

Desperate Dubai landlords try to lure tenants

Desperate Dubai landlords try to lure tenants

A Dh1 million luxury car and a night in the world’s tallest tower complete with groceries have been offered as bait as the great rental hunt in the city intensifies. It’s prompting New Dubai landlords to offer extravagant deals to outbid each other to secure tenants as a massive surplus of properties outstrips demand. Industry [...]

What does 2011 have in store?

What does 2011 have in store?

While there was nothing much for the country’s real estate sector to rejoice in 2009, 2010 has been comparatively better, especially in the third and fourth quarters, with real estate agents reporting a definite rise in the number of enquiries. The biggest change probably has taken place in the profile of real estate customers. While [...]

Desperate Dubai landlords try to lure tenants

Desperate Dubai landlords try to lure tenants

A Dh1 million luxury car and a night in the world’s tallest tower complete with groceries have been offered as bait as the great rental hunt in the city intensifies. It’s prompting New Dubai landlords to offer extravagant deals to outbid each other to secure tenants as a massive surplus of properties outstrips demand. Industry [...]

Practically perfect gardens on The Villa

Practically perfect gardens on The Villa

The emerging Villa development may be rather new compared with some of Dubai’s other more established projects, but for one family it seems incredulous to think that they only moved in just over six months ago. The delightful Nasser family, who left their Jumeirah home after many years, moved into their spacious residence in The [...]

Gold promotions will make a return to DSF

Gold promotions will make a return to DSF

Dubai: The Dubai Shopping Festival (DSF) gold promotions will make a cautious return on January 20 after a two-year absence with organisers hoping to attract customers from new and growing markets like China and Egypt. The promotions are expected to boost gold sales by 50 per cent, compared to the rest of the year, according [...]

Abu Dhabi asks firms to fall in line

Abu Dhabi asks firms to fall in line

Civic body seeks public support to implement campaign Abu Dhabi: The Municipality of Abu Dhabi City has urged companies to expedite the relocation of their workers to custom-built areas and cities designated for workers’ housing. The municipality has commended the co-operation of contracting, maintenance, cleaning and labour-intensive companies which had already begun relocating their workers. [...]

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