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Dubai today is the trading and commercial hub of the Middle East. It has today emerged as a paradise for property investors.
In May 2002, the Dubai government issued the freehold property declaration, which permits foreigners to purchase properties in their own names, with the right to sell, lease or rent them at their own discretion. This has become the factor for the emergence of property investment, stock market, mortgage facilities and tourism.
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Real Estate News
Expert says few Dubai developers taking 'green' buildings seriously
05 July 2008 - Dubai's high occupancy rate is discouraging local property developers from implementing strict environmentally-sustainable standards in Dubai, according...read more...
Gulf common currency likely to make a big impact
05 July 2008 - A common monetary unit being discussed by the six-nation Gulf Cooperation Council (GCC) will emerge as a global currency like the dollar and the euro,...read more...
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