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Apartment, South Ridge, Downtown Dubai
AED 80,000.00
Apartment, South Ridge, Downtown Dubai
AED 80,000.00
Apartment, South Ridge, Downtown Dubai
AED 80,000.00
Apartment, Burj Dubai, Downtown Dubai
AED 220,000.00
Villa, Meadows 6, Emirates Living
AED 250,000.00
Villa, Meadows 1, Emirates Living
AED 170,000.00
Apartment, JBR B07-T01 (Rimal 3), Jumeirah Beach Residence
AED 100,000.00
Apartment, Dubai Mall Hotel & Serviced Apartments, Downtown Dubai
AED 130,000.00
Apartment, Kamoon ( Old Town ), Downtown Dubai
AED 95,000.00
Plot/Land, Plot in the Villa, The Villa
AED 715,572.00
Office, Addax Tower, Al Reem Island
AED 2,337,790.00
Office, Liberty House, DIFC Dubai International Financial Center
AED 2,467,500.00
Villa, Meadows 6, Emirates Living
AED 3,692,000.00
Penthouse, The Waterfront, Dubai Marina
AED 5,720,000.00
Apartment, Marina Residence, Dubai Marina
AED 80,000.00
Villa, Garden Home, Palm Jumeirah
AED 9,880,000.00
Apartment, Marina Promenade, Dubai Marina
AED 150,000.00
Apartment, Al Ghaf 2, The Greens
AED 1,612,000.00
Apartment, The Fairways, The Views
AED 1,975,998.96
Apartment, Marina Pinnacle, Dubai Marina
AED 2,309,049.60
Al Dana
Al Dana I and II are located in International City, Dubai. The cosmopolitan culture of Dubai is... read more»
TAJ EXOTICA RESORT
Truly glorious, the Taj Exotica Resort & Spa blends unashamed luxury with a tranquil sense of... read more»
For Sale

Dubai fund to manage proceeds of $20bn bond programme
July 22, 2009
Dubai unveiled a new fund on Wednesday to manage proceeds from its $20-billion (Dh73.4 billion) government bond programme aimed at supporting the emirate's economic growth plans.
The fund will provide loans on a commercial basis to government and government-related entities "deemed to be of strategic and development importance to the Emirate of Dubai," it said in a statement.

However, the new head of Dubai's finance department clarified that the second tranche of a $20 billion bond programme will be open to all banks and financial instutions at home and abroad.

"It's open to banks, financial institutions inside and outside the country," Abdulrahman Al Saleh told Reuters.

Dubai, which has been hit hard by the global crisis, launched the $20 billion sovereign bond program last February to help state-linked firms. The first $10 billion tranche was sold to the UAE central bank.

On Wednesday, Dubai's finance department said the support fund will contribute to "the overall economic development of the emirate." The fund can invest in, hold and manage debt instruments on behalf of the Dubai government, collect loan repayments and reinvest some of the revenues.

The fund will not disclose the names of entities that receive support.

"The market will be looking for as much transparency as possible," said HSBC economist Simon Williams. "If they can't tell us who the funds have flowed to, I hope we will know how much has been disbursed and how much is in reserve."

The fund will be able to issue financial instruments such as bonds and sukuks and invest in commercial projects in and outside Dubai. It can also acquire partial or whole stakes in institutions and companies.

The support fund will be accountable to Dubai's Supreme Fiscal Committee, a government body established in 2007 to oversee the emirate's fiscal policies, according to the statement
-Business24-7-
Dubai's house prices jump 4% in Q1
Colliers International says average prices are now on a par with 2007 levels. Property prices in Dubai's residential property market rose four per cent between fourth quarter 2009 and the first quarter 2010, but demand-supply mismatch is likely to put downward pressure on prices, according to Colliers International. "Additional stock is likely to create downward pressure on property prices. However, it remains unclear whether the future supply will have a negative impact on... read more»
Indigo Tower's service charges slashed by 20%
Owners' association cuts JLT building's charges from Dh13.47 to Dh10.77 per square foot. The building insurance of Indigo Tower has been reduced to Dh45,000 from the previous year's Dh84,375. (SUPPLIED) The Interim Owners' Association (IOA) of the Indigo Tower building in Jumeirah Lake Towers has brought down service charges by 20 per cent from the developer's proposed budget of Dh13.47 per square foot to Dh10.77 per square foot, a committee member of the association told... read more»
Dubai Land Department launches online registration
Dubai's Land Department has announced the launch of new services including an immediate online registration procedure. The new registration process will allow property transactions to be completed securely and promptly. "By offering real estate buyers, investors and professionals procedures which are quick, simple, connected and allow instant access to on the spot reports we are giving them the confidence and assurance they need to invest in Dubai property,' said Sultan Bin Butti Bin... read more»
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