Dubai Realty Could See Natural Culling This YearTuesday, March 17, 2009
Some projects in Dubai are likely to "physically disappear" in 2009 as the emirate witnesses a flight to quality among investors, industry experts said on Monday. Developers did not do adequate mar ... more
Employees In Tight Corner After Bribery Incident.Tuesday, March 17, 2009
Two employees of real estate developer Nakheel stood trial on Sunday in the Criminal Court of First Instance for allegedly accepting bribes in return for carrying out their duties. The next hearing ... more
Dubai House Prices To Fall 37.5pc This Year: PollMonday, March 16, 2009
Dubai house prices are likely to slump 37.5 per cent on average this year, with real estate units still under construction losing half their value as the former boomtown suffers an economic downtur ... more