UAE Real Estate Companies Cut Jobs

Real Estate companies in the UAE are finding it necessary to cut jobs in order to afloat in this time of economic crisis. Over the past couple of weeks, nearly 600 employees in the real estate sector have lost their jobs. These jobs are not always low level positions, with some junior and senior management executives being laid off due to corporate reorganization. Read more

The First Group now with CPI

Choice Property Investment are pleased to announce that Dubai development company The First Group are now showcasing their properties with us.  The First Group have a unrivalled experience in getting the most from the ever-growing opportunities posed by the UAE and Dubai market place. Read more

Al Maabar Plans Multi-Billion Dollar Investments

Al Maabar International Investments has announced that it has arranged to make approximately $11.5 billion (Dh 42.2 billion) worth of investments over the next 10 years. The Abu Dhabi-based company has set its sights on real estate properties in Belarus, Tunisia, Libya, Morocco, Qatar, and Jordan. Read more

Myrtle Beach Guide

If you are considering buying in a particular area our guides are a fantastic resource for any investor.  Here we look at Myrtle Beach on the East Coast of the United States as a potential property opportunity. Read more

Hypo Real Estate in Trouble

Executives at Germany’s Hypo Real Estate Group watched as the company’s shares plummeted more than 70% on Monday, joining many other stock market disasters that occurred after the House rejected the $700 billion rescue plan aimed at financial institutions. Read more

Dubai Group Buys Majority of Acacia Real Estate

Dubai Group has acquired 51% of Bahrain’s Acacia Real Estate Limited BVI, making them the major shareholder in the firm. The Dubai Group is the diversified financial sector of the Dubai Holding company. To date, Acacia’s principal shareholder has been Bahrain’s TAIB Bank. Read more

Trendy Back Yard Marinas

Marinas have become one of the most desired parts of residences, whether they are primary or secondary homes. Read more

Time to Head to Margaritaville

Recent reports show that real estate on the island of Margarita is currently 40% cheaper than anywhere else in the Caribbean. Margarita Island is located off the northern coast of Venezuela and is the biggest island of the Nueva Esparta State, overshadowing Coche and Cubagua. Read more

Laws May Not Affect Dubai Real Estate

Home buyers and investors may not have to be too concerned about the Real Estate Regulatory Agency’s Law 13 designed to regulate ‘Initial Property Registration in Dubai’. Experts say that the law incurs only a small percentage of the selling price and won’t have a significant impact on the decision to purchase or sell off properties in Dubai. Read more

Dubai Continues to Attract Residential Developers

The tourism and real estate officials in Dubai have certainly been working overtime. Over the past couple of years, interest in the second largest of the United Arab Emirates has skyrocketed, especially among real estate developers. Located on the Persian Gulf, Dubai has a lot to offer in the way of commercial properties and it has been a trend to build and develop resort areas along the coast. However, residential properties seem to have stolen the limelight lately. The most recent push for investors has been geared to a new residential development at Culture Village. Read more

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