Find Dubai Property...
Search by property type...
Find property in...

Dubai property news

Business setup in dubai
If you are looking to set up a business in Dubai, we can help! Invest in Dubai's growing economy and develop your business assets.
Co-op Holidays
UK`s No 1 independent travel agent. Providing holidays, flights, short breaks and much more. Fully ATOL and ABTA bonded for your security and peace of mind.
Barbados property news
Barbados property news, reviews, and analysis on the Barbados property market. Latest news from Barbados.
New law to extend Dubai property cycle, says developer
A government-owned property developer has argued that Dubai's new property law will add at least a year to the current property cycle.
Farhan Faraidooni, chief executive of Sama Dubai, told Reuters that the law, designed to clarify the rules for foreign ownership of Dubai property, had been "introduced at the right time".
Prior to the property law, the market was expected to see a period of correction thanks to an increase in supply.
However, speaking at the World Economic Forum he said people were being encouraged to invest in Dubai property from overseas after the law's introduction, helping to prevent a shorter cycle.
He explained that the greater certainty that comes with limited freehold ownership has led to an increase in the number of "institutional" investors.
A number of companies are now eager to see the government finalise the details of the new law to reassure those thinking of overseas property investments in Dubai.
The possibility of freehold ownership is expected to give a further boost to the Dubai property market, which has already exhibited strong signs of growth this year.
The Dubai real estate index operated by Standard Chartered Bank showed that property prices rose by 3.7 per cent and 1.6 per cent in January and February respectively.
Sama Dubai is the property development and investment division of government-owned Dubai Holding.
Looking to buy property in Dubai? Then keep up to date with the latest news and other information on <A href="http://www.homesgofast.com/dubai/">homesgofast.com.</A>
Latest Dubai Property
Price: 137,066 GBP
2 Bedroom Apartment at Ajman One in Ajman UAE
Price: 137,066 GBP
1 Bedroom Apartment at Ajman One in Ajman UAE
Price: 93,264 GBP
1 Bedroom Apartment at Royal Rose Garden in Marmooka City Ajman UAE
Price: 67,628 GBP
1 Bedroom Apartment at Royal Rose Garden in Marmooka City Ajman UAE
Price: 49,190 GBP


