http://www.zawya.com/realestateen-usCopyright 2009 ABQ Zawya Ltd. All rights reserved.Sun, 08 Nov 2009 13:18:00 GMT5014476http://www.zawya.com/realestatehttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story.cfm/sidZAWYA20091108131853Abu Dhabi Finance, the Emirate's fastest growing home finance provider, today established an agreement with RAK Properties to offer mortgages for all units in RAK Tower.Sun, 08 Nov 2009 13:26:24 GMTPress Release ZAWYA20091108131853Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108033039The ongoing real estate boom in the Kingdom has opened up avenues for young Saudis to qualify and specialize as agents and brokers.Sun, 08 Nov 2009 10:33:43 GMTArab News ZAWYA20091108033039Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108040247Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank, or ADIB, and the developer behind multiple realty projects in the UAE and Middle East, held its annual strategic planning workshop, focusing on the company's previous achievements and future plans in light of the current market conditions.Sun, 08 Nov 2009 09:26:46 GMTKhaleej Times ZAWYA20091108040247Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108083143The Dubai government has set up a judicial committee that will settle cases involving bad cheques in the property sector, whether from a buyer or to pay rent, in a move that could offer assistance to tenants who are facing financial difficulties and boost confidence in the real-estate industry.Sun, 08 Nov 2009 08:37:56 GMTGulf News ZAWYA20091108083143Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108070422Kuwait's local real estate market, especially the investment property sector, is now gradually recovering, according to a specialized report.Sun, 08 Nov 2009 07:24:40 GMTKUNA (Kuwait News Agency) ZAWYA20091108070422Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108033344Some 1,500 rent-related disputes have been registered with the Rent Dispute Resolution Committee so far this year, says a prominent lawyer, adding that an estimated 3,500 tenants are paying rents to the court due to dispute with their landlords.Sun, 08 Nov 2009 06:37:48 GMTThe Peninsula ZAWYA20091108033344Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108042512Some Burj Views apartment owners have filed police cases against Corporate Business Solutions (CBS) for bounced cheques, but they now face an arduous task of regaining possession of their apartments as they have been sub-leased to others by CBS, Emirates Business can reveal.Sun, 08 Nov 2009 06:06:21 GMTEmirates Business 24/7 ZAWYA20091108042512Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108051839The investments undertaken by the Kuwaiti-Syrian al-Jaz investment group in the eastern city of Deir Ezzor have so far exceeded 4 billion S.P., said Director General of the Industrial City of Deir Ezzor Kaser Outhman.Sun, 08 Nov 2009 05:29:20 GMTSANA (Syria Arab News Agency) ZAWYA20091108051839Openhttp://www.zawya.com/story.cfm/sidGN_07112009_081125More than 5,000 new housing units will be added to Dubai's property market in the next few months by Wasl ? the asset management arm of Dubai Real Estate Corporation (Drec), a top official said.Sun, 08 Nov 2009 05:12:25 GMTGulf News GN_07112009_081125Openhttp://www.zawya.com/story.cfm/sidZAWYA20091108042724A possible recovery of the off-plan market in Dubai may begin only from 2011, provided developers now build quality products and fulfil their commitments, real estate executives said.Sun, 08 Nov 2009 04:30:27 GMTEmirates Business 24/7 ZAWYA20091108042724Openhttp://www.zawya.com/story.cfm/sidZAWYA20091107085606Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank (ADIB) and the developer behind multiple realty projects in the UAE and Middle East, held its annual strategic planning workshop, focusing on the company's previous achievements and future plans in light of the current market conditions. Sat, 07 Nov 2009 09:43:04 GMTPress Release ZAWYA20091107085606Openhttp://www.zawya.com/story.cfm/sidGN_05112009_061141 Al Fara'a Properties, a member of the Al Fara'a Group, has delivered the Dh225 million Le Grand Chateau (LGC) project at the Jumeirah Village. Fri, 06 Nov 2009 05:47:59 GMTGulf News GN_05112009_061141Openhttp://www.zawya.com/story.cfm/sidWAM20091105111434234Vice President and Prime Minister of UAE Sheikh Mohammed bin Rashid Al Maktoum has issued in his capacity as Ruler of Dubai a decree setting up a judicial committee to look into cheques dealing with real estate transactions.Thu, 05 Nov 2009 12:31:58 GMTWAM (Emirates News Agency) WAM20091105111434234Openhttp://www.zawya.com/story.cfm/sidDS051109_dsart54Chairman and general manager of the Investment Development Authority of Lebanon (IDAL) Nabil Itani on Wednesday said a portion of the massive remittances from Lebanese expatriates should be invested in real projects not just deposited in banksThu, 05 Nov 2009 09:54:12 GMTThe Daily Star DS051109_dsart54Openhttp://www.zawya.com/story.cfm/sidZAWYA20091105031229Saudi Minister of Commerce and Industry Abdullah Zainal Alireza announced that liquidation agreements have been signed for 70% of insolvent real estate share businesses worth SR1.33 billion, adding that money received from the firms would be deposited at Bank Albilad.Thu, 05 Nov 2009 08:14:36 GMTArab News ZAWYA20091105031229Openhttp://www.zawya.com/story.cfm/sidZAWYA20091105051349Rents in Abu Dhabi are expected to remain weak for the remainder of 2009, but are likely to stabilise during 2010, said CB Richard Ellis.Thu, 05 Nov 2009 07:13:38 GMTEmirates Business 24/7 ZAWYA20091105051349Openhttp://www.zawya.com/story.cfm/sidZAWYA20091105034014Real estate trading in Jordan during the first 10 months of 2009 dropped by 31 per cent to JD3.7 billion from JD5.4 billion during the same period of 2008.Thu, 05 Nov 2009 07:01:31 GMTJordan Times ZAWYA20091105034014Openhttp://www.zawya.com/story.cfm/sidZAWYA20091105034951The Dubai Court of Misdemeanour yesterday postponed to November 23 hearing in a trial involving nine accused of embezzlement at real estate company Deyaar.Thu, 05 Nov 2009 06:38:15 GMTEmirates Business 24/7 ZAWYA20091105034951Openhttp://www.zawya.com/story.cfm/sidZAWYA20091105035119Secondary market prices of villas and townhouses in Arabian Ranches have seen an increase of around 33 per cent to 50 per cent in this year to date, said realtors.Thu, 05 Nov 2009 06:37:02 GMTEmirates Business 24/7 ZAWYA20091105035119Openhttp://www.zawya.com/story.cfm/sidZAWYA20091105043020The total profits of listed companies in the real estate sector in 2009 are expected to go up to Dh5.1 billion, compared to Dh728 million in 2002, a recent study has said.Thu, 05 Nov 2009 04:51:41 GMTEmirates Business 24/7 ZAWYA20091105043020Openhttp://www.zawya.com/story.cfm/sidZAWYA20091105041552The Burj Dubai will be opened on January 4, 2010, coinciding with the accession to power of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.Thu, 05 Nov 2009 04:23:42 GMTWAM (Emirates News Agency) ZAWYA20091105041552Openhttp://www.zawya.com/story.cfm/sidZAWYA20091104135826Aiming to maximise the potential of the Lebanese market, Ras Al Khaimah Free Trade Zone (RAK FTZ) will conduct a road show, culminating in a seminar for business delegates on 5th November, 2009 at the Habtoor Grand Hotel, Beirut. Wed, 04 Nov 2009 14:00:55 GMTPress Release ZAWYA20091104135826Openhttp://www.zawya.com/story.cfm/sidZAWYA20091104101752Landlords in Dubai are willing to offer bigger commissions to property brokers to push their properties first to customers. This is a relatively new trend in the city but is picking up as demand for real estate has dipped over the past months.Wed, 04 Nov 2009 10:44:17 GMTEmirates Business 24/7 ZAWYA20091104101752Openhttp://www.zawya.com/story.cfm/sid20091104_12728_222Moody's downgraded five Dubai government-related issuers, citing the tigher conditions under which the government is likely to extend financial support.Wed, 04 Nov 2009 10:36:57 GMTFinancial Times 20091104_12728_222Openhttp://www.zawya.com/story.cfm/sidZAWYA20091104080916number of initiatives have been implemented by both private and government sectors in Abu Dhabi, in the hope of rekindling market momentum during Q3 of 2009.Wed, 04 Nov 2009 09:21:07 GMTPress Release ZAWYA20091104080916Openhttp://www.zawya.com/story.cfm/sidZAWYA20091104033151The United States has agreed to sell its landmark embassy in London's Grosvenor Square to Qatari Diar, as part of a plan to relocate to a higher-security facility outside the city centre.Wed, 04 Nov 2009 08:16:34 GMTThe Peninsula ZAWYA20091104033151Openhttp://www.zawya.com/story.cfm/sidZAWYA20091104034615A common platform for property developers will help them evolve joint strategies to face the ongoing crisis in the real estate industry, Gurjit Singh, Chief Operating Officer of Abu Dhabi-based developer Sorouh, said.Wed, 04 Nov 2009 07:58:16 GMTKhaleej Times ZAWYA20091104034615Openhttp://www.zawya.com/story.cfm/sidZAWYA20091104040126Developers have started approaching Dubai Land Department (DLD), asking it to serve 30-day termination notices on defaulting investors.Wed, 04 Nov 2009 07:46:19 GMTEmirates Business 24/7 ZAWYA20091104040126Openhttp://www.zawya.com/story.cfm/sidZAWYA20091104042659The bail of the five defendants in the Sama Dubai corruption case was extended on Tuesday following requests from their counsel.Wed, 04 Nov 2009 07:00:33 GMTKhaleej Times ZAWYA20091104042659Openhttp://www.zawya.com/story.cfm/sidGN_03112009_041112.txtThe UAE property market, concentrated in Dubai and Abu Dhabi, will likely take "a few years" to recover from the financial crisis, a leading market consultant said.Wed, 04 Nov 2009 05:54:09 GMTGulf News GN_03112009_041112.txtOpenhttp://www.zawya.com/story.cfm/sidGN_03112009_041117.txtFour executives convicted of financial irregularities and bribery in the case of Lagoons, a Sama Dubai project, pleaded not guilty before the Dubai Appeals Court which extended their bail yesterday.Wed, 04 Nov 2009 05:45:53 GMTGulf News GN_03112009_041117.txtOpenhttp://www.zawya.com/story.cfm/sidGN_03112009_041101.txtA Dubai court, in a precautionary attachment, has asked Dubai Islamic Bank to freeze Dh4 billion worth of funds belonging to Ahmad Sulaiman Al Rajhi, chairman of Tameer Holding Investment LLC, who is involved in legal action with the company's former chief executive and shareholder, Omar Ayesh.Wed, 04 Nov 2009 04:11:11 GMTGulf News GN_03112009_041101.txtOpenhttp://www.zawya.com/story.cfm/sidZAWYA20091103134902Dubai Multi Commodities Centre Authority wishes to state that JLT is an integral part of the Dubai Multi Commodities Centre free zone and therefore enjoys absolute free zone status. Tue, 03 Nov 2009 13:55:04 GMTPress Release ZAWYA20091103134902Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103111716Dubai's property market continues to seek signs of stabilisation amid hopes of a modest recovery in fortunes during 2010. One glimmer evident in Q3 was downward movement in interest rates as market dynamics continued to shift.Tue, 03 Nov 2009 12:00:53 GMTPress Release ZAWYA20091103111716Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103104855The Iraqi Company for Land Transport has restored more than 2 billion Iraqi dinars (ID) that has not been recognized in its accounting records, the Iraqi Board of Supreme Audit said.Tue, 03 Nov 2009 11:04:29 GMTAswat Aliraq ZAWYA20091103104855Openhttp://www.zawya.com/story.cfm/sid20091103_19618_309Dubai property prices have risen for the first time since the market crashed last year , up 7 per cent in the second quarter as demand revived and lending conditions eased, consultancy Colliers International said.Tue, 03 Nov 2009 10:34:26 GMTFinancial Times 20091103_19618_309Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103035651Ajman Real Estate Regulatory Agency (Arra) may consider transferring a project to another developer for completion if the original developer has absconded, provided all the parties accept the option, a top government official said.Tue, 03 Nov 2009 08:24:56 GMTEmirates Business 24/7 ZAWYA20091103035651Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103062412Colliers International, the global real estate consultancy, released its Dubai House Price Index for Q3 2009, which indicates a 7% increase in the overall value of residential properties between July and September 2009.Tue, 03 Nov 2009 08:15:05 GMTPress Release ZAWYA20091103062412Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103042916Freehold areas of Dubai Marina and Jumeirah Lake Towers drew keen buyer interest in the third quarter with the budget housing of International City and the premium Palm Jumeirah following suit, a report released yesterday said.Tue, 03 Nov 2009 07:49:30 GMTEmirates Business 24/7 ZAWYA20091103042916Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103062257Qatari Diar and Yemen?s General Holding Corporation for Real Estate & Investment Development (Shibam Holding) launched the first phase of the Al Rayyan Hills mixed-use development project.Tue, 03 Nov 2009 07:19:49 GMTThe Peninsula ZAWYA20091103062257Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103051130The short-term outlook for both residential and commercial properties across Dubai is likely to remain "slow moving" with a modest recovery in fortunes next year, says a new report.Tue, 03 Nov 2009 06:39:13 GMTEmirates Business 24/7 ZAWYA20091103051130Openhttp://www.zawya.com/story.cfm/sidZAWYA20091103051256Property market in Dubai is showing initial signs of a turnaround with prices rebounding by nine per cent after bottoming out in April, according to a new report.Tue, 03 Nov 2009 06:37:52 GMTEmirates Business 24/7 ZAWYA20091103051256Openhttp://www.zawya.com/story.cfm/sidGN_02112009_031104.txtThe Dubai Land Department (DLD) is introducing a free legal service to support people embroiled in real estate-related court cases to ensure that no one is prevented from seeking justice simply because they can't afford it.Tue, 03 Nov 2009 05:40:19 GMTGulf News GN_02112009_031104.txtOpenhttp://www.zawya.com/story.cfm/sidGN_02112009_031111.txtThe new free legal service to support people embroiled in real estate-related court cases has emerged as a fair way to protect the interests of Dubai's real estate community.Tue, 03 Nov 2009 05:38:33 GMTGulf News GN_02112009_031111.txtOpenhttp://www.zawya.com/story.cfm/sidZAWYA20091102044637Regional and international real estate funds are likely to invest $2.5 billion (Dh9.18bn) in the GCC, Middle East and North Africa (Mena) markets, according to a real estate consultancy firm.Mon, 02 Nov 2009 07:33:12 GMTEmirates Business 24/7 ZAWYA20091102044637Openhttp://www.zawya.com/story.cfm/sidZAWYA20091102050015Real estate laws in Abu Dhabi such as those dealing with escrow accounts, brokers, strata title and mortgages may be implemented by early next year, according to a legal expert.Mon, 02 Nov 2009 07:29:03 GMTEmirates Business 24/7 ZAWYA20091102050015Openhttp://www.zawya.com/story.cfm/sidZAWYA20091102052405Optimistic about the real estate market in Oman, Mish?al Mohamed Abdullah, general manager of Zain Property Development, sees demand for quality and affordable homes even in these difficult times.Mon, 02 Nov 2009 07:26:48 GMTTimes of Oman ZAWYA20091102052405Openhttp://www.zawya.com/story.cfm/sidGN_01112009_021135.txtDubai Properties Group (DPG), a member of Dubai Holding, yesterday unveiled Phase II of the Shorooq community, where it is offering two-bedroom villas for Dh87,000 a year.Mon, 02 Nov 2009 06:03:20 GMTGulf News GN_01112009_021135.txtOpen