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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
Addax Tower
Rising like a colossus high above Al Reem Island, The Addax Port Office Tower is the first and only... read more»
THE FAIRMONT PALM HO
On the western portion of the trunk, the superlative five-star Fairmont Palm Resort & Spa offers... read more»
For Sale

Dubai to pay $4.1 billion Nakheel debt
December 14, 2009
The Dubai government said Monday it will pay $4.1 billion to cover Islamic bonds issued by its Nakheel property developer which mature Monday after receiving $10 billion from Abu Dhabi.
"The Government of Abu Dhabi has agreed to fund $10 billion to the Dubai Financial Support Fund that will be used to satisfy a series of upcoming obligations on Dubai World," it said in a statement.

"As a first action for the new fund, the government of Dubai has authorised $4.1 billion to be used to pay the sukuk obligations that are due today."

The yen fell sharply against other currencies on the news, while the dollar shot up to 88.90 yen and the euro also jumped to 130.43 yen.

S&P futures jumped to be up 0.7 per cent, reversing early losses and pushing Treasury futures to session lows. Hong Kong's Hang Seng index shot up 300 points in the last minutes of morning trade to finish in positive territory, while other markets across Asia also pushed higher.

Abu Dhabi is the largest member of the United Arab Emirates federation and a big oil exporter.

"We are here today to reassure investors, financial and trade creditors, employees, and our citizens that our government will act at all times in accordance with market principles and internationally accepted business practices," Sheikh Ahmed bin Saeed al-Maktoum said in the statement.

"Dubai is, and will continue to be, a strong and vibrant global financial center. Our best days are yet to come."

Excess funds would be used to cater to Dubai Worlds needs up until the end of April 2010, the statement said.

Dubai has announced a bankruptcy law that it said could be used in case Dubai World and creditors failed to reach an agreement on debt maturing in the future.

"Dubai will announce a comprehensive reorganisation law, a framework that is based upon internationally accepted standards for transparency and creditor protection," Sheikh Ahmed said.

"This law will be available should Dubai World and its subsidiaries be unable to achieve an acceptable restructuring of its remaining obligations."
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»
Al Mazaya to deliver stage one of The Villa in July
Al Mazaya Holding, Kuwaiti real estate developer with several projects in Dubai, has finished the major stages of development and construction on its prestigious project - The Villa, a project comprising of 700 residential villas in Dubailand. Al Mazaya has finished 75% of development work for 400 villas, while the remaining 300 villas are currently 50% complete. The units will be delivered to owners in 3 stages, i.e., Stage 1 plots (104 villas) will be delivered in July, Stage 2 plots... read more»
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