Thursday, August 12, 2010

Dubai International Financial Centre (D.I.F.C)

The Dubai International Financial Centre was conceived by the Government of Dubai for the benefit of the UAE and the wider region as a whole. Its remit is to create a regional capital market, offering investors and issuers of capital world class regulations and standards. Its hallmarks are: integrity, transparency and efficiency.

DIFC Laws are enacted by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler if Dubai, and under the UAE Constitution, are considered at the level of local legislation. The DIFC residential district offers a luxurious lifestyle in the world’s new financial center.

more information

Tuesday, August 10, 2010

Jumeriah Lake Towers

umeirah Lakes Towers is a dynamic waterfront community in Dubai, United Arab Emirates, comprising attractive residential and office towers alongside hotels, leisure and retail outlets. A total of 87 towers stand tall in the prestigious project. Almas, the crowning centerpiece of the community will be surrounded by 78 towers clustered in groups of three which forms JLT, 8 towers clustered in groups of 4 which forms JLT embankment and calming lakes, beautiful landscaped gardens and unique waterways, four winding, man-made lakes create a vibrant waterfront environment and provide stunning views from all around. Jumeirah Lake Towers is situated adjacent to Sheikh Zayed Road, between interchanges 5 and 6.

Monday, August 2, 2010

Dubai Property Market

The Dubai real estate sector’s strong fundamentals [huge Government driven infrastructural commitment and substantial achieved completeness] remain supportive of a sustained growth phase, having adjusted to a particularly aggressive free fall in average prices.


  • Post the international financial crisis, Dubai’s leaders remain committed to driving their
    2015 macro strategy plan to success;
  • The economy as a whole has already experienced positive recovery of
    significant magnitude
  • 2009 highlights include;
    • The world’s largest metro network opened 9/9/2009
    • The world’s tallest tower, Burj Khalifa – opened in 2010;
    • Dubai Investor Confidence Index recent positive boost.
    • DFM recovery led by Emaar Properties – 2009 growth 155%
    • Opportunity to experience post recovery lag effect growth in real estate market
  • Since their peak in September 2008, prices have fallen by an average of 47%
  • Supply of new stock is expected to lag behind planned delivery, creating a natural cushion
    against further price falls
  • Current indicators put the bottom of the pricing market as Q3 2009, with an overall
    price increase of 9% achieved in Q3/4 2009
  • Demand driver statistics (source Colliers International);
    • Transactional increase - 64% Q3 2008/2009
    • Average price Increase - 7% Q2 to Q3 2009
    • Villa price increase - 9% Q to Q3 2009