Property investors flock to Dubai
There has been a significant number of Indian investors buying property in Dubai recently leading others to ask what exactly is enticing these investors now. Industry experts and analysts have offered several explanations as to why Dubai is attracting Indian investors in particular and suggest that the reasons are likely to spark similar trends amongst [...]
Jones Lang LaSalle survey says Dubai’s property supply set to fall
Dubai’s real estate sector is forecast to enjoy a period of price stability with oversupply of residential stock almost diminished. According to the latest Jones Lang LaSalle (JLL) survey, Dubai’s property supply has peaked with very little new supply set to come into the market. In March, the Real Estate Regulatory Agency’s (RERA) CEO, Marwin [...]
Dubai to spend $5.98 billion on airport expansion to keep up with demand
Dubai and Al Maktoum International Airports have announced significant expansion plans that will considerably increase passenger capacity over the next 9 years. A staggering $5.98 billion will be spent to increase Dubai’s passenger intake to over 90 million per annum by 2020. The expansion plans have been created to answer for Dubai’s rapidly increasing international [...]
Dubai Chosen to Host One of The Biggest Disposals of Spanish Bank Assets
Dubai will host one of the largest one day disposals of bank assets ever at the Grosvenor House, Dubai Marina on the 25th May 2011. Bancaja Habitiat, the real-estate arm of one of Spain’s leading banks, will showcase a wide portfolio of investment properties worth over $2 billion. Properties vary from individual residential homes to [...]
The largest one-off disposal of Spanish bank assets ever!
Dubai will play host to one of the largest disposals of bank assets next week. The real-estate arm of one of Spain’s largest banks, Bancaja Habitat, will be hosting a one-off investment seminar which will showcase over $2 billion worth of property, land plots, hotels and commercial space. Due to the high levels of demand [...]