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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
A1 Towers
A1 Towers is a Commercial - Freehold Tower with 45 floors located in the center of Jumeirah Village.... read more»
KEMPINSKI EMERALD
Expected to open in 2010, Kempinski Hotel Emerald Palace will be a five-star resort hotel set within... 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 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»
Construction works start on private projects at The World, says Nakheel
Master developer Nakheel confirmed the start of construction of a second project on its off-shore island development, The World yesterday. The confirmation came after European developer Major Trade announced it had commenced work on its island project. “Initial ground works have started which include soil testing and reclaiming of the island plot, and vibro-compaction is due to begin in February 2010,” the company said. Late last month, the Kleindienst Group said it would... read more»
The impossible transformed into reality
The biggest challenge during the building of the Burj Khalifa was to exercise caution, according to Mohamed Alabbar, Chairman of developer Emaar Properties. "You think of an idea and you get the best brains to get it done," he told Emirates Business. "The biggest challenge then is that you have to fight yourself to be cautious all the time, especially considering the size of the building. It is a global icon and a symbol of the city and you have to be cautious and not take anything... read more»
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