Gowealthy Real Estate News

Dubai property market recovery seen by 2011 end

Thu, 18 Mar 2010 00:00:00 +0000

Dubai property market recovery seen by 2011 end
Dubai’s property market will recover by the end of 2011 as mortgages become easier to obtain and more people move to the city, according to the developer of a $4bn hotel and residential project.

Riyadh four times more expensive than Jeddah

Thu, 18 Mar 2010 00:00:00 +0000

Riyadh four times more expensive than Jeddah
An average three-bed home in Riyadh costs four times as much as in Jeddah. The cost of a three-bed home in Riyadh can cost more than four times that of a similar property in Jeddah, a new real estate price index for Saudi Arabia has showed.

Luxury Palm homes project sees 'zero defaults'

Thu, 18 Mar 2010 00:00:00 +0000

Luxury Palm homes project sees 'zero defaults'
Emerald Palace Group said on Wednesday that it had seen zero defaults in its Kempinski Hotel Residences project.

DPG Hosts Design Demonstration for Residents of Layan Community

Thu, 18 Mar 2010 00:00:00 +0000

DPG Hosts Design Demonstration for Residents of Layan Community
Dubai Properties Group (DPG) today announced it hosted a ‘Design Workshop’ for residents of its Layan development.

Developers begin repossessing units

Thu, 18 Mar 2010 00:00:00 +0000

Developers begin repossessing units
Property developers have started repossessing units from investors who have defaulted and failed to rectify their status despite frequent reminders.

Mirdif City Centre opens