The Dubai Government has issued a Mortgage Law that officials say will help better regulate the emirate's growing housing market, partly tainted by project delays and corruption probes.His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime...

The Dubai Lagoons, a project that is running more than a year behind schedule, has not been cancelled as rumoured, the Dubai Real Estate Regulatory Agency (Rera) assured investors on Tuesday.Rera yesterday issued a statement reassuring investors against rumours that...

Al Rashed Real Estate yesterday unveiled freehold commercial and residential towers worth Dh3.6 billion in Ajman. It also joined hands with ACI to strengthen its high-end real estate solutions.Springfield Residences and Highfield Commercial Towers - comprising four...

Property developer Desert Dream will launch its latest project in Dubai Waterfront with a value of Dh1.7 billion.Dream Harbour will be a 48-storey residential tower located on 67,850 square feet of land. The total built-up area will be 750,000 square feet, excluding...

Union Properties is seeking ways to take action against Morgan Stanley, saying its recent report has had a negative impact on the company's share price.Zaid Ghoul, chief financial officer of Union Properties, said: "We're not sure what action we can take as there...

Australian-based developer Sunland Group on Monday claimed that 86 per cent of its Dh725 million residential development, Nur, was sold within eight weeks of its launch. In other words, 165 of the 191 one- and two-bedroom apartments have been sold worth Dh592.88...

Investors in the Casa del Mar development in Dubai Marina have been told by the new owner, Al Mashraf Bank, that once completed, the project will be sold to new investors, rending the current contracts void.The original owner of the development, Obaid Bin Jarsh,...

Roughly 3,000 towers (both mid- and high-rise) are in various stages of planning, design, development and construction in Dubai between now and 2025.Dubai World Central (DWC) could have about 1,100 apartment towers in its residential cluster and 850 in the commercial...

 Emaar, The Economic City has partnered with Capri Capital Partners (Capri) to develop a 7.5 billion riyal ($2 billion) mixed-use project in King Abdullah Economic City. The 200,000 square metre project will feature two five-star hotels, office towers, a retail...

Real estate broker ThinkSpace on Saturday  announced a deal with Tameer Holding Investments to launch the property developer's new project in the Tecom district, Al Shahad Tower, on the UAE rental market.This commitment demonstrates proactive steps being...