Dubai is back in the game, big time. After a period of downturn and limited lending, the emirate is demonstrating a renewed confidence in its real estate sector, yet again. In a recent development, Noor Islamic Bank teamed up with …

Dubai, part of the United Arab Emirates, is already home to the world’s tallest tower – Burj Khalifa, the region’s biggest shopping mall, an indoor ski slope, and man-made islands shaped like palm trees. However, known for its ambition, the …

The real estate market in Dubai, the Middle East’s trade and business hub, emerged as a top performer globally for 2012, a recent study by consultancy Knight Frank showed. The emirate ranked fourth among a compilation of 29 international cities …

In its recent Wealth Report 2013, global property company Knight Frank estimated that the price of Dubai’s luxury villas increased by 20 percent last year. “The epitome of the global downturn between 2008 and 2009, the emirate rebounded in 2012 …

While there’s been a great deal of excitement about the recovery in Dubai’s property market, optimists may have judged the situation too quickly. According to a recent report by property broker CBRE, the emirate’s residential market witnessed a drop of …

There are approximately 1.75 million Indians residing in the United Arab Emirates, comprising 30 percent of the total population, according to the Embassy of India in the country. As the largest expatriate community, a large section of the group is …

Emirates airline, the world’s largest international carrier, is one of Dubai’s economy’s true gems. Dubai, which predominantly relies on tourism and trade to keep its gross domestic product growing, is continuing to invest in the expansion and development of its …

Property sale and rent prices in Dubai have risen for the 16th consecutive month in March, sustaining the upturn in the sector as buyers’ optimism continues, according to a report compiled by Deutsche Bank. Overall prices were up 1.5 percent from …

Just recently, a long queue of around 400 people populated the area outside Emaar Properties’ offices in Downtown Dubai in hope of snapping-up units at the developer’s latest residential project Mira. And this was two days before the sale had …

The United Arab Emirates’ central bank is moving towards capping mortgage lending for expatriates and nationals, in a move to limit the possibility of another real estate bubble. The measure is seen as a step to limit banks’ and mortgage …