http://www.uaePropertyTrends.com/ptrends/mvnforum/listthreads?forum=1 RSS Feed of propertyTrends (Global RSS) en-us http://www.uaePropertyTrends.com/ptrends/mvnplugin/mvnforum/images/logo.gif http://www.uaePropertyTrends.com/ptrends/mvnforum/listthreads?forum=1 137 80 propertyTrends is the place for all the latest happenings. Search all posts key http://www.uaePropertyTrends.com/ptrends/mvnforum/search http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=1611 Rufi Real Estate to invest in Dubai: Pakistani developer, Rufi Real Estate is investing more than Dh3 billion in five real estate projects in Dubai, a top official said. The company, which has delivered more than 65,000 housing units in Pakistan over 35 years, entered Dubai's market with a strong commitment. "We have several projects in Dubai http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=24240 Dubai World's "Debt Plan" positive: United Arab Emirates stock markets rose Monday, after Dubai World announced a debt restructuring deal with creditor banks that analysts say is positive although uncertainty over Dubai's debt remains. Dubai World announced on Friday that 99 percent of its creditor banks have agreed to its proposal to http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=2042 Dubai - Tourism contributes 18% to its GDP: The director of operations and marketing at the Dubai Department of Tourism and Commerce Marketing (DTCM) Mohammad Khamis Bin Hareb said that tourism contributes around 18 per cent of Dubai's direct gross domestic product and 29 per cent of its indirect GDP. He said this comes as a result of the tremendous http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=9648 UAE Economy To Showcase 4% Growth In 2010: Sultan bin Nasser Al Suwaidi, the governor of the Central Bank of UAE, who was addressing the media on the margins of the World Islamic Banking Conference, mentioned that the economy of the nation is expected to grow by about 4% over 2010 and 2011. “Average growth for the two years [2010 and 2011] is around http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=1716 Energy City India by Gulf Finance House: Marking its foray into one of the fastest growing economies of the world, Gulf Finance House (GFH), in association with Gulf Energy, today announced their plans to develop India's first integrated energy business district - Energy City India, with an estimated development value of US$ 2 billion. A Memorandum http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=9649 Nakheel asks Property Tenants to pay Chiller Cost: According to certain reports, the tenants residing in the Nakheel property, Discovery Gardens have been demanded by their owners to incur the costs of using the chillers. This scenario has arisen because of the continuously declining rent rates. One of the residents, who has rented a one-bedroom http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=9630 Abu Dhabi to use stricter actions against Illegals: Abu Dhabi Government officials and experts have sounded the alarm bell about the dangerous impact of violators of immigration and labour laws on the social, economic and security fabric, according to a report released by the security media of the Ministry of Interior (MoI) on Sunday. The Ministry http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=3178 Mega developments are likely to become the future standard for real estate development in the region. According to Mohammed Hussein Abdullah Al Nemer, board member and Chief Marketing Officer of Awali Real Estate Investments, the rise of mega projects in the UAE property sector is due to a number of different factors that combine to create both http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=4331 Burj Dubai renamed Burj Khalifa: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, renamed Burj Dubai as Burj Khalifa on Monday evening. Unveiling the world’s tallest tower, Shaikh Mohammad said, “We built the high rise for people with strong will and determination. The highest point http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=4126 Emaar Properties on Thursday said it has returned to profitability, reporting a Dh655 million net profit for the third quarter ending September 30 from the sale of high-margin properties as well as earlier delivery of villas, up from a Dh1.25 billion loss in the second quarter of this year. "The increase in profitability is due to the higher http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=4125 Joan A., 61, a pensioner from South Africa, said she paid a total of Dh95,840 to Avanti Holding between December 2007 and May 2008 for a unit at The Palisades, a Pearl Properties project in Dubai. Her payments represent 20 per cent of the unit price. But for the last few weeks, the agents have ignored her phone calls and e-mail queries regarding http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=4058 Nakheel & Emaar to participate in Cityscape Dubai: Following talks with the organizers of Cityscape, largest business-to-business real estate investment and development exhibition, state-owned master developer Nakheel has agreed to participate in Cityscape Dubai. The announcement was followed by a similar change of mind from Emaar Properties, which http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=4057 The recovering housing market may be heading for a relapse as President Barack Obama and Federal Reserve Chairman Ben Bernanke consider ending support for the source of the global financial crisis. The Obama administration is studying whether to let a first-time home buyers' tax credit expire as scheduled at the end of November. Bernanke and his http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=4054 UAE construction activity staging steady recovery: Construction activity is gradually picking up in the UAE as a leading building material importer and distributor group has witnessed 20 per cent growth this year. "Despite the global economic crisis, our group has recorded 20 per cent growth in terms of sales and demand for building material http://www.uaePropertyTrends.com/ptrends/mvnforum/viewthread?thread=4052 Recession deals body blow to big brands: Consumers lost trust in brands this year as the recession deepened, according to an industry report released Thursday, although longtime staples Coca-Cola and IBM retained their spots as the world's two most valuable brands. This is the first time the combined value of the world's top 100 brands as ranked