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Issue No 313 - 10 Jan. 2010
 
 
Burj Khalifa to boost Emaar revenues
Dubai's Emaar Properties said on Thursday that revenues stemming from the sale of units at Burj Khalifa, the recently-opened, world's tallest tower, will boost the company's 2010 revenues.more
 
Emaar to shift focus after tower opening
Dubai's Emaar Properties has opened the world's tallest tower, marking the completion of the last of its big local landmark projects and the start of a new strategy which is expected to focus on overseas projects, hotels and hospitals.more
 
 
Kuwait sees 41pc jump in property sales
Kuwaiti real estate sales rose 41 per cent in the year to November, on high sales of residential and commercial property, official data showed on Monday.more
 
Emaar sees 10pc Burj return, rules out merger
Dubai's Emaar Properties said on Monday the world's tallest building, Burj Dubai, has a 10 per cent return for the company, and ruled out any merger with state-linked firm Nakheel.more
 
Sakana trims mortgage rate
Bahrain-based Sakana Holistic Housing Solutions has cut its mortgage base rate by 0.25 per cent to 9.25 per cent. more
 
Dubai ruler issues new decree on rentals
A decree setting the maximum allowed increase in property rent values in Dubai during 2010 has been issued by the Dubai Ruler.more
 
UK house prices up annual 5.9pc in Dec
British house prices rose for an eighth consecutive month in December to end the year nearly 6 per cent higher than they started it, mortgage lender Nationwide said on Thursday.more
 
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