Month: July 2006

“Freehold-for-Foreigners” Areas Revealed

The Government of Dubai has published for the first time the locations where expatriates will be able to buy property in the emirate. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, has issued the three-page, five-article Order No. 3 of 2006 designating areas for… Read more »

Hi-Tech Metro to Transform Dubai City-Living

The Dubai Metro is all set to transform the transportation scenario in the city when the high-tech trains commence their runs in 2010 from the Rashidiya and Jebel Ali Free Zone depots. An Automatic Train Control system will activate the trains before sunrise at 4.45am. Each train will then do a complete test on itself… Read more »

Dubai Select Announces Part Ownership Scheme of Freehold Property

New Scheme Lets Investors ‘Test the Water’ 12th July 2006: Dubai Select, the UK’s leading authority on buying property in Dubai for investment purposes, has today announced the launch of a part ownership scheme which enables customers to buy a portion of the company’s freehold apartments in Dubai, from just £6,999. Investors are able to… Read more »

Donald Trump to lay his mark on Dubai

Donald Trump is a man with a big ego. His eponymous golden tower in New York is extremely big. He does big very well, so perhaps one shouldn’t be surprised to learn that he is filling up part of the skyline in Dubai, the world’s fastest growing city, with the 3,000 foot-tall Trump International Hotel… Read more »

2006 Proves Dubai is Number 1 for Tourists

Dubai further strengthened its position as the world's leading tourist and leisure destination with the first quarter (January-March 2006) hotel occupancy rates announced by the Dubai Department of Tourism and Commerce Marketing (DTCM) showing an upward trend in the number of guests and revenues. The DTCM Director General, Mr. Khalid A bin Sulayem, said that… Read more »

Registration of Freehold Titles Begin

A decree identifying Dubai’s freehold zones has been officially approved and could be accepted as law by the end of the month. But according to the source, the process of issuing title deeds in individual names is in fact under way with many residents bearing official documents declaring the land in their name. More than… Read more »