Property news - Year 2006

27 Dec 2006


Abu Dhabi unveils massive new Central Park


Sorouh Real Estate chose the final weeks of 2006 to unveil its one million square foot Central Park featuring a $136 million mix of landscaped...

16 Oct 2006


The anatomy of past property crashes, what can we learn


In the journal Arabian Business one eminent local businessman has pointed out that a real estate crash is likely to follow the recent crash in UAE...

27 Jul 2006


Will Dubai property prices ever reach European levels


A beautiful new apartment in the Dubai Marina can still be bought for around half what you would pay in a European city like Copenhagen. Yet Dubai...

18 Jun 2006


Dubai has 30,000 construction cranes


Gulf News ReportDubai: About 30,000, or 24 per cent of the world's 125,000 construction cranes, are currently operating in Dubai,...

05 Jun 2006


Negative real interest rates sustain Dubai property boom


Underpinning the Dubai property boom is the highly beneficial economic phenomenon of negative real interest rates, which makes real estate a...

01 May 2006


Dubai property boom survives the stock market crash


The Dubai Financial Market traded at 55% below its all-time high on the day this article was written, and started to its long fall almost exactly...

20 Feb 2006


Dubai property now a long-term savings plan


From being a vehicle to get rich quick, the Dubai property market has matured into a classic long-term savings plan for local residents and...
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