Dubai May Tighten Property Market Rules

Dubai is mulling tightening rules on the property market in the Gulf financial hub after many developers shelved projects because of the global financial crisis. AFP - 07Jan 09:00GMT
Hydra secures 70% finance for buyers

The head of Hydra Properties said yesterday that none of the company's projects were facing problems. Emirates Business 24/7 - 07Jan 06:33GMT
Tanmiyat has no Plans to Lay off Employees

Despite the recent spate of cutbacks in the region, resulting from the global financial crisis, the investment and real estate development company, Tanmiyat Group, has announced that all of its projects will be going ahead and that it has no plans to lay off any of its employees. Khaleej Times - 07Jan 06:15GMT
Sweet Homes awards Dh450m contract

Sweet Homes, a leading UAE-based developer and total solutions provider to the real estate sector, has awarded a Dh450 million contract to Sharjah-based Master Civil Construction Company for the construction of Towers B10, B14 and B15 - three out of the nine towers comprising its Dh1.7 billion Rainbow Towers project. Gulf News - 07Jan 05:25GMT
Dubai Properties Denies Merger With Sama Dubai

Dubai Properties, a subsidiary of Dubai Properties Group, will focus on delivering existing projects this year and will take a call on going ahead with its "planned" projects by mid-January, a top executive said. Emirates Business 24/7 - 07Jan 04:43GMT
Ajman Creates Property Regulator

The Ajman Government amended a law creating Ajman Real Estate Regulatory Establishment, which will regulate the emirate's property and construction sector, which has seen more than Dh340 billion investment in the last two years. Gulf News - 07Jan 04:31GMT
Substantial interest in highest skyscraper project in Kuwait

Promotion and leasing of plots in Al-Hamra skyscraper, Kuwait's highest building, is due this year, an executive said on Tuesday. KUNA (Kuwait News Agency) - 06Jan 13:39GMT
Tanmiyat Group Weathering Economic Storm

Tanmiyat Group, has announced that all of its projects will be going ahead and that it has no plans to lay off any of its employees. Press Release - 06Jan 09:18GMT
DREI to Offer Course on 'Implementing Dubai Strata Law'

Dubai Real Estate Institute (DREI) announced a course on 'Implementing Dubai Strata Law', providing participants with an in-depth understanding of the law's key clauses, specifically on Shared Property Management. Press Release - 06Jan 09:15GMT
Phase I of Bawabat Al Sharq moves full steam ahead

Baniyas Investment and Development Company (BID), the investment arm of Bani Yas Sports Club, today announced significant progress achieved on the AED 3 billion Bawabat Al Sharq project - a mixed-use development community located in Bani Yas, Abu Dhabi. Press Release - 06Jan 08:54GMT

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Emaar Properties
Prime Securities - Dec 2008

Prime initiates coverage on Emaar with a STRONG BUY recommendation and a target price of AED 13.51, representing a 497% upside potential to the current market price of AED2.26. The company is expected to achieve FY08 net profit of AED 7.224 billion, compared to AED 6.575 billion for FY07. The stock is trading at a PE of 1.91x for FY08E.

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Deyaar BOD Reviews Strategy

Arabic language (0:46)
UAE's Deyaar BOD discussed today re-evaluation of the company's projects - 05Jan

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Community Buzz

Stories in Real Estate

Most read stories by Community in the last 24 hrs

1	Lower House Rents In Sight In UAE
2	UAE: Settlement Angers Sacked Workers
3	Developers In Dubai Get Ranking
4	Dubai's Rental Index Completed
5	Tanmiyat Group Weathering Economic Storm
6	Dubai's Nakheel Eyes $15B IPO, London-Dubai Listing
7	Infrastructure, Housing To Boost UAE Steel Demand
8	DREI to Offer Course on 'Implementing Dubai Strata Law'
9	Global guidebook takes Lebanese real estate down a peg in terms of cost
10	Deyaar's future contracts will be Shariah-compliant

Companies in Real Estate

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Qatari Diar Real Estate Investment Company	Qatar	Landlords and Developers
Dynasty Al Zarooni Real Estate	UAE	Agents and Brokers
Nakheel	UAE	Landlords and Developers
Emaar Properties	UAE	Landlords and Developers
Bahrain City Center	Bahrain	Properties and Zones
Emaar the Economic City	Saudi Arabia	Landlords and Developers
ALDAR Properties	UAE	Landlords and Developers
Sharjah Airport International Free Zone	UAE	Properties and Zones
Abu Dhabi Future Energy Company	UAE	Properties and Zones
City Mall	Lebanon	Properties and Zones

Posted on 07Jan
Comments

Re: When God wants to destroy the Ants

“With regards to your comments on residential units in the mid income sector in KSA, it is true that data points towards mismatch between supply/demand in the future. Unlike Dubai, the demand is very real & the domestic market is indeed present. The recent turn of events does not change that fact; yet people have become cautious & so have banks.....”

R AK on The Wings of the Ant ( the future of investment firms in the GCC )

Projects in Real Estate

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Qatar Foundation - Sidra Hospital	Qatar	Real Estate
Saadiyat Island Development - Saadiyat Resort and Beach Residences (Phase 1)	UAE	Real Estate
Saadiyat Island Development - Masterplan	UAE	Real Estate
Lusail Development	Qatar	Real Estate
ADIH - Qatar Entertainment City	Qatar	Real Estate
Talaat Moustafa Group (TMG) - Madinaty	Egypt	Real Estate
Abu Dhabi Municipality - Mohammed Bin Zayed City	UAE	Real Estate
ALDAR Properties - Motor World	UAE	Real Estate
Cayan/Zahran Real Estate - Lamar Towers	Saudi Arabia	Real Estate
Sheikh Khalifa Bin Zayed City	Egypt	Real Estate

Blogs

Most read blogs by Community in the last 24 hrs

1	Job Losses Become Part of Life
2	The Wings of the Ant ( the future of investment firms in the GCC )
3	Hot Properties Cool Off-Damac & Other Developers
4	Wow! This Recession is Staggering
5	The Myth of Islamic Finance

Zawya Network

352 members in Real Estate

Land Deals
The value of the total land transactions in Dubai jumped 47.5% to Dh70.2Bn last year from Dh47.6Bn in 2007, according to figures from Dubai land department.

Zabeel's 'Crisis' Plan
High-end developer Zabeel Properties, like other real estate players in the region, has begun to feel the pinch of the credit crunch.

UAE
Rental Demand To Slow
Rental demand is expected to remain robust, but will increase at a slower rate in 2009, according to real estate experts.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Dar Al Arkan Real Estate Development Company	Saudi Arabia	4,559
2	Emaar Properties	UAE	4,199
3	Compagnie Générale Immobilière	Morocco	4,161
4	Jabal Omar Development Company	Saudi Arabia	3,777
5	Ezdan Real Estate Company	Qatar	3,438
» View Full List

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