The Dubai Land Department is working on a proposed valuation law for Dubai, which will set the standards for valuing properties and provide for registration of valuers. According to Mohamad Khodr Al-Dah, Head of Taqyeem in teh Land Department, the valuation methodology used is in line with international best practice. The Valuation Committee in...
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Dubai and Abu Dhabi in the UAE and Doha in Qatar claimed the top three positions for most attractive cities for FDI in the Middle East in 2010. But the FDI flow into projects in these cities declined by 20 per cent, 13 per...
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It is yet difficult to assess the full impact of the UAE government to grant three-year residence visa to property investors as the full details of the plan are yet to be announced, Jones Lang LaSalle said in its latest overview of Abu Dhabi...
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The overall impact of the UAE government move for 3-year residence visa for property investors on the property market is likely to be somewhat muted by oversupply issues that are being exacerbated by the ongoing completion of new properties, Citicorp said in an analysis....
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As much as 72 per cent of high net worth individuals (HNWIs) in the UAE have investments in real estate, which is the most held asset class, according to a recent study by Barclays Wealth. The survey revealed mixed sentiments about continuing to invest...
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Middle East property markets are missing out on significant regional and global capital flows because of the shortage of investment grade product and the lingering price gap between buyers and sellers, the 2011 Middle East and North Africa (MENA) Real Estate Investor Sentiment Survey...
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‘Businessmen in RAK have shown a willingness to do more than their duty”: HH Sheikh Saud bin Saqr Al Qasimi Crown Prince and Deputy Ruler, RAK The recession has been a test of time. It has separated the wheat from the chaff and awarded...
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Ras Al Khaimah Free Trade Zone has achieved its target of roping in over 2000 companies by the end of 2009 bringing in a more defined multicultural environment to RAK It is the best of times and it is the worst of times to...
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Finalisation of three regulations RERA has finalised the implementing regulations for Law No. 27 of 2007 RERA has finalised three regulations necessary to clarify the relationship between the property owners and developers under Law No. 27 of 2007 Concerning Jointly Owned Properties in the...
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By Vanit Sethi enTrust & Title is a neutral third party ensuring property transactions are hassle-free and in compliance with the law Flashback to the summer of 2007. It’s hot, happening and haphazard. Everyone’s making a killing in Dubai, buying and selling property. But...
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