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2009 News

August

Top Property Firms to Merge
GulfNews
August 22, 2009


This realignment among Dubai Holding entities was widely expected ahead of the big merger between its real estate companies and Emaar properties," said ...

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North Africa is the Real Loser
MEED
August 21, 2009



Abu Dhabi and Doha were forging ahead with their own Dubai-style waterfront real estate projects, and Saudi Arabia started to develop its own mega-projects ...
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Lebanese Real Estate: A Bubble About to Burst?
Ya Libnan
August 21, 2009


Unfortunately statistical data on real estate in Lebanon is not readily available but then the anecdotal evidence is all over the place. ...

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How Far Up Will Dubai Tower Finally Top Out?
Wall Street Journal
Tuesday, August 18, 2009


DUBAI -- Amid a slumping real-estate market and canceled or delayed development projects across this city-state, a mystery is swirling ...

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Report: Dubai Home Prices Fall 24% in Q2
Middle East North Africa Financial Network
Tuesday, August 18, 2009


A separate report by the Harbor real estate brokerage said that its sales transactions doubled in number in the second quarter compared to the first, ...
Report: Dubai home prices fall 24% in Q2


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Property prices have yet to bottom out, say analysts
Emirates Business 24/7
Wednesday, August 5, 2009


According to Shuaa Capital's June GCC investor confidence survey, only 19 per cent of investors believe the UAE real estate market has bottomed out despite ...

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High Interest Rates Halting Real Estate Recovery - Analyst
ArabianBusiness.com
Wednesday, August 5, 2009


Khalid Howladar, a senior credit officer for ratings agency Moody's Middle East, blamed banks for hindering a potential recovery in the real estate market. ...

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Distressed Property Fund Launched in UAE
Zawya
Wednesday, August 5, 2009


The move is thought to be motivated by attractively low valuations in the UAE real estate market, which is undergoing a price correction. The Real Estate ...


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Dubai Real Estate Down 50% From Peak
Wall Street Journal
Tuesday, August 4, 2009‎


Home values in Dubai have fallen by about half from their peak late last year in the wake of the global real-estate slowdown, ...

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