Tue, 26 May 2009 7:15:45 +0400
Property law No 9 A Relief
Although no announcements are scheduled until the end of the month, RERA's CEO Marwan Bin Ghalita said that he expected about 25% of the projects in Dubai would be cancelled. According to RERA's Law no. 9, investors who put their money into projects which are subsequently cancelled by the Dubai Government will get a full refund.
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Sat, 27 Dec 2008 6:20:40 +0400
Damac makes steady progress for timely delivery of Ocean Heights project
In a bid to deliver its project on schedule, Damac Properties is said to be making steady progress on the 'Ocean Heights Tower' project at Dubai Marina, by completing one floor every 5.2days.
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Thu, 25 Dec 2008 5:25:22 +0400
"Properties can still yield considerable bargains, if sold wisely": Realty agents
According to real estate agents in Dubai, property can still reap considerable profits. They have warned that owners need to be realistic about the value for which they can sell their homes in the current market condition.
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Tue, 2 Dec 2008 9:06:00 +0400
Solanki Holdings forays into UAE property sector
Solanki Holding and Investments Limited, leading UAE-based conglomerate, forayed into proper sector with the launch of their new entity, Solanki Real Estate, projected to invest Dh.12bn into the sector.
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Tue, 25 Nov 2008 5:25:22 +0400
Habtoor Group announces sale of Harbour Island Resort & Spa apartments
For the first time, Habtoor Group has announced sale of its 24 freehold apartments of 'Harbour Island Resort & Spa' development on the Crescent, at the Palm Jumeirah. The announcement was made by Mohammed K. Al Habtoor, the Chief Executive of the group. The project, currently estimated to be worth of Dh1.2billion, may go up further, depending on prices of materials.
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Mon, 24 Nov 2008 6:40:30 +0400