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Issue No 308 - 01 June 2009
Nakheel, DMCC property wing merge
The property wing of Dubai government-owned Dubai Multi Commodities Centre (DMCC) has been merged with Nakheel, the state-owned developer of Dubai's palm-tree shaped islands, a newspaper has said. more
Speculators 'dragging market down'
Speculators are now responsible for driving property prices below their ‘real’ values as investors pounce on distressed sales, said an UAE-based real estate expert. more
Abu Dhabi realty market 'picking up'
The Abu Dhabi real estate market is witnessing signs of increasing activity with investors and end-users showing renewed interest in new projects, said Landmark Advisory, one of the leading real estate consultancy companies in the Middle East. more
Saudi eyes US-style firm in home loan push
Saudi Arabia plans to set up a Fannie Mae-style company to buy mortgages from financial institutions and helps develop national sukuk and debt markets, Saudi Arabia's finance minister said.more
Dolmen projects 'a big hit in Qatar'
Dolmen Real Estate Development, a privately-owned Lebanese real estate company said there was an overwhelming response for its projects at the 'Qatar International Real Estate & Investment Exhibition (Q-REX) 2009 held recently. more
Deyaar in key project finance deal
Deyaar Development Company has partnered with leading banks to offer highly competitive financing options exclusively to Deyaar customers, including up to 90 per cent financing and repayment periods of up to 25 years.more
Emaar offers new homes in rent scheme
Emaar Properties, a leading global real estate developer, is now offering a new portfolio of luxurious homes within Downtown Burj Dubai under its Rent to own scheme.more


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