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Major developer Nakheel has just announced a joint venture freehold project with Al Shafar Transport and Contracting Company.  The partnership is for the construction of around 300 villas within the Al Furjan development. 

Al Furjan is one of Nakheel’s latest projects, and will be located close to other established Nakheel developments such as Jumeirah Islands and Discovery Gardens.  This popular district of new Dubai real estate is proving a popular district with many freehold buyers, and this latest project of a villa community is expected to compete with the nearby Emirates Living Community by Emaar.  The entire Al Furjan project will feature approximately 4000 homes when complete, with multiple agreements with other constructions firms to contribute…

Another week, another property announcement.  The latest news is the release of another Emaar project, but this time in partnership with other developer Bawadi.  The Maysan Towers will be a joint venture between the two major developers that is a part of the Asmaran community in Dubailand.  The major Dubailand development covers an amazing 30 billion square feet, meaning that a large variety of developers are currently involved in planning their own projects within the development.  Emaar and Bawadi will completely develop the Asmaran district, and Maysan Towers will be an important Dubai real estate project within this highly awaited community.

The Maysan Towers will be a residential project of three high-rise towers, of 30, 26 and 234 storeys.  The…

Finally, there is news that rents will start to fall in Dubai, you will just have to wait five years though.  Latest speculation on the state of the Dubai real estate rental market is that the supply and demand will eventually even out, to the benefit of residents that pay huge amounts in rental costs, but this will not take place for another five years. 

As all residents know, the freehold market is currently busy with projects that are expected to be completed across the next few years, but nothing is expected to be complete this year apart from the Dubai Mall at Downtown Dubai.  All major projects have dates around 2010 onwards for completion, and once a large amount of property is finally available for residents to move in, combined with new rental…

Dubai is widely recognised for great shopping.  With the Ibn Battuta Mall located near key freehold developments like Discovery Gardens and Jumeirah Islands, while the Mall of the Emirates is close to the Palm Jumeirah and Dubai Marina two of Dubai real estate`s main projects, the latest shopping mall that will open in Dubai will be in the middle of Downtown Dubai.  The Dubai Mall, which will be Dubai’s largest shopping mall, and the largest in the world, is set to be opened in August this year.

Multiple attractions are a feature of Dubai’s shopping malls, and the Dubai Mall will be no exception.  With over 1200 retail outlets, including major stores and two flagship department stores, this will be the largest retail space in the world, covering a massive…

One of Dubai’s most awaited freehold projects, Jumeirah Village, has now hit a major milestone in development.  The project by developer Nakheel, is expected to contribute a significant amount of new freehold units to the Dubai real estate market, where demand still seems to be outstripping supply.  The development is expected to be released to the first residents by the end of 2009 or early 2010, and this news is a great relief to the many investors within the project.

The major milestone that has just been reached is the completion of infrastructure within the development, now 60% complete.  This is an excellent achievement in a market where other freehold and rental properties have been heavily plagued by construction delays.  The Jumeirah Village…

Yet more new additions to the Dubai property market.  It is surprising to see that a large variety of new projects are being launched by Dubai’s biggest developers, as this provides more quality property for all the eager buyers that are keeping the market in boom.  If you think the market is going to slow, think again, as new projects are quickly being rolled onto the market to meet the exceptionally high demands of long-term residents, new residents and overseas buyers.

The latest new property is a villa development by market leaders Emaar.  Emaar has an excellent reputation in the field of villa freehold, thanks to the huge success of the Emirates Living Community, which includes Emirates Hills, The Meadows, The Lakes and The Springs.  This new project…

Dubai real estate agents will be under stricter legislation now, thanks to new initiatives from the Real Estate Regulatory Authority (RERA) and Dubai Real Estate Institute (DREI).  These two bodies have created a new regulation in the property sector that will make it compulsory for all property agents in Dubai to possess the right qualifications to sell Dubai real estate.  With so many real estate agents operating in the market that do not meet the necessary qualifications, this new law will better protect potential buyers.

Real estate is a now one of Dubai’s busiest sectors, with so many residential and commercial projects on the market.  There are so many sellers in the market to go with all these projects, and many property buyers are not familiar…

The competition between developers across the Middle East is heating up as the announcements for new and taller skyscrapers to rival the Burj Dubai have appeared.  There has long been speculation about Nakheel, one of the largest developers in the UAE, building a project that will top other leading Dubai developer Emaar.  The Waterfront development, expected to be a huge new city of freehold residential and commercial projects, was predicted to be the key location for Nakheel’s iconic project.

The latest speculation is that Nakheel will be building a mile-high tower to beat the height of the Burj Dubai, the current tallest building in the world.  At a height of 636 metres, the Burj is already taller than any other skyscraper, and while the final height…