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Issue No 295 - 19 Jan 2009
 
 
Dubai property prices 'may plunge 60pc'
Dubai real estate prices could fall as much as 60 per cent in 2009 from their peaks in July last year, while Abu Dhabi may slide as much as 20 per cent, Shuaa Capital said on Sunday. more
 
85pc Cityscape space sold out
Over 85 per cent of space at Cityscape Abu Dhabi has been sold out according to its organizers IIR Middle East. more
 
 
BID set for Abu Dhabi Investment Show
Baniyas Investment and Development Company (BID), the investment arm of Bani Yas Sports Club, will be participating in the Abu Dhabi Real Estate and Investment Show 2009 (IREIS). more
 
Jumeirah Lakes Towers work on track
The Dubai Multi Commodities Centre (DMCC) has announced that its Jumeirah Lakes Towers (JLT) community development is progressing as per schedule, and is on track for completion in 2011. more
 
Dubai free zone 'strikes off US investor'
A US private equity firm once hailed as a major foreign investor in Dubai says it has been shut down without warning following a dispute with the Dubai government. more
 
Top firms for International Property Show 2009
Leading global and regional real estate companies have confirmed their extensive participation in the International Property Show - Dubai 2009, according to its organizers. more
 
DIB and Rera host escrow forum
Dubai Islamic Bank (DIB) in partnership with Real Estate Regulatory Agency (Rera) hosted over 50 real estate developers at an escrow forum.more
 
Capitala, Abu Dhabi Finance sign mortgage deal
Capitala, the Abu Dhabi-based real estate company, said it has signed a co-operation agreement with Abu Dhabi Finance to extend mortgage financing services to buyers of its maiden project Arzanah. more
 
 
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