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our specialties

Apartment, Dubai Mall Hotel & Serviced Apartments, Downtown Dubai
AED 130,000.00
Apartment, Kamoon ( Old Town ), Downtown Dubai
AED 95,000.00
Plot/Land, Plot in the Villa, The Villa
AED 780,624.00
Plot/Land, Plot in the Villa, The Villa
AED 715,572.00
Office, Addax Tower, Al Reem Island
AED 2,337,790.00
Office, Liberty House, DIFC Dubai International Financial Center
AED 2,467,500.00
Villa, Meadows 6, Emirates Living
AED 3,692,000.00
Penthouse, The Waterfront, Dubai Marina
AED 5,720,000.00
Apartment, Marina Residence, Dubai Marina
AED 80,000.00
Villa, Garden Home, Palm Jumeirah
AED 9,880,000.00
Apartment, Marina Promenade, Dubai Marina
AED 150,000.00
Apartment, Al Ghaf 2, The Greens
AED 1,612,000.00
Apartment, The Fairways, The Views
AED 1,975,998.96
Apartment, Marina Pinnacle, Dubai Marina
AED 2,309,049.60
Apartment, Marina Pinnacle, Dubai Marina
AED 1,281,540.00
Warehouse, Dubai Investment Park, Dubai Investments Park
AED 12,240,000.00
Labour Housing, Al Sajja, Al Sajja Industrial Area
AED 1,000.00
Apartment, Al Sidder, The Greens
AED 1,487,200.00
Apartment, Norton Court-Uptown, Motor City
AED 55,000.00
Apartment, Burj Views, Downtown Dubai
AED 75,000.00
29 Burj Dubai Blvd.
29 Burj Dubai Blvd, a residential project within Downtown Burj Dubai. Emaar is opening for sale... read more»
KEMPINSKI EMERALD
Expected to open in 2010, Kempinski Hotel Emerald Palace will be a five-star resort hotel set within... read more»
For Sale

Dubai fund to manage proceeds of $20bn bond programme
July 22, 2009
Dubai unveiled a new fund on Wednesday to manage proceeds from its $20-billion (Dh73.4 billion) government bond programme aimed at supporting the emirate's economic growth plans.
The fund will provide loans on a commercial basis to government and government-related entities "deemed to be of strategic and development importance to the Emirate of Dubai," it said in a statement.

However, the new head of Dubai's finance department clarified that the second tranche of a $20 billion bond programme will be open to all banks and financial instutions at home and abroad.

"It's open to banks, financial institutions inside and outside the country," Abdulrahman Al Saleh told Reuters.

Dubai, which has been hit hard by the global crisis, launched the $20 billion sovereign bond program last February to help state-linked firms. The first $10 billion tranche was sold to the UAE central bank.

On Wednesday, Dubai's finance department said the support fund will contribute to "the overall economic development of the emirate." The fund can invest in, hold and manage debt instruments on behalf of the Dubai government, collect loan repayments and reinvest some of the revenues.

The fund will not disclose the names of entities that receive support.

"The market will be looking for as much transparency as possible," said HSBC economist Simon Williams. "If they can't tell us who the funds have flowed to, I hope we will know how much has been disbursed and how much is in reserve."

The fund will be able to issue financial instruments such as bonds and sukuks and invest in commercial projects in and outside Dubai. It can also acquire partial or whole stakes in institutions and companies.

The support fund will be accountable to Dubai's Supreme Fiscal Committee, a government body established in 2007 to oversee the emirate's fiscal policies, according to the statement
-Business24-7-
Dubai's house prices jump 4% in Q1
Colliers International says average prices are now on a par with 2007 levels. Property prices in Dubai's residential property market rose four per cent between fourth quarter 2009 and the first quarter 2010, but demand-supply mismatch is likely to put downward pressure on prices, according to Colliers International. "Additional stock is likely to create downward pressure on property prices. However, it remains unclear whether the future supply will have a negative impact on... read more»
Indigo Tower's service charges slashed by 20%
Owners' association cuts JLT building's charges from Dh13.47 to Dh10.77 per square foot. The building insurance of Indigo Tower has been reduced to Dh45,000 from the previous year's Dh84,375. (SUPPLIED) The Interim Owners' Association (IOA) of the Indigo Tower building in Jumeirah Lake Towers has brought down service charges by 20 per cent from the developer's proposed budget of Dh13.47 per square foot to Dh10.77 per square foot, a committee member of the association told... read more»
Properties that will stretch vertical limit
With a year that saw some hospitality heavyweights facing construction delays, tight financing and cancelled projects, 2010 is ushering in renewed hope to the industry. Burj Khalifa's Armani Hotel, which opens on March 18, is one of the many iconic hotel properties in the UAE that will stretch the vertical limits of the country, changing its landscape to embrace the hotels market with flair and investments. Emirates Business lines up the top hotel properties to open doors this... read more»
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