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Dubai developer Nakheel pays off Dh2.5b of debt
Gulf News, August 23, 2010
Nakheel has paid $681 million (Dh2.5 billion) of the $1.1 billion (Dh4 billion) it owes to trade creditors under its debt restructuring proposal, a spokesperson confirmed to Gulf News.
Property sector first to recover: Nakheel chairman
Gulf News, August 22, 2010
Ali Rashid Lootah says rents and property prices stabilising
Nakheel will resume work on six projects
Emirates Business 24/7, August 18, 2010
Dubai-based property developer Nakheel will restart work on at least six mega Dubai projects early next month.
Victory Heights hands over two-thirds of villas
Emirates Business 24/7, August 18, 2010
Around 75 per cent of phase one has been completed, says developer
Emaar sells prime site for Dh331m
The National, August 15. 2010
Emaar Properties has sold one of its prime office buildings, boosting an oversupplied commercial property market that has seen few transactions this year.
Ajman developer offers no-strings attached freehold
Arabian Business, 15 August 2010
An Ajman developer is offering buyers the chance to buy a freehold plot of land that comes free of any restrictions on what can be built, it was reported.
Pay 5% housing fee even if your property is vacant
Emirates Business 24/7, August 10, 2010
If your apartment or house is empty, you still have to pay the five per cent Dubai Municipality (DM) housing fee as long as you have a Dewa connection.
Sharjah to consider freehold for foreign investors - CBRE
Arabian Business, August 09, 2010
Sharjah is considering offering freehold rights to foreign investors, according to a report released on Sunday by global real estate consultancy CB Richard Ellis (CBRE)
Dubai Silicon Oasis records 131% growth
Gulf News, August 7, 2010
Revenues and profits of Dubai Silicon Oasis at a record high during the first half of the year
Guaranteed rentals, freebies for property buyers
Emirates Business 24/7, August 07, 2010
Developers go for broke to attract customers in a challenging market
 
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