Company Merger Regime In The UAE | Real Estate Mergers Expected To Increase in 2012

The real estate sector of the United Arab Emirates (UAE) expects to see a number of significant mergers and business consolidations this year. Why? The UAE real estate market is still struggling to recover after real estate prices slumped in 2008 and it is expected that mergers between real estate developers would be needed to […]

Real Estate Transactions In the UAE – 7 Points To Remember

By Arti Sangar Arti Sangar is a partner in Dubai office of  Diaz Reus LLP The United Arab Emirates experienced rapid real estate growth and a resultant boom, which peaked in the middle of 2008. However following the global financial crisis of 2008, property prices fell dramatically and the number of disputes increased. Property prices […]

Dubai Real Estate on the Rise

The worst may be over, as far as Dubai real estate is concerned. Real estate prices in the city’s most exclusive areas have risen for the time since the onset of the Recession, according to Home prices in Palm Jumeirah, Arabian Ranches and the Meadows have seen a one percent price rise since the […]

Dubai’s Retail Sector Leads with London

Dubai is now tied with London as the world’s leading retail destination, according to a study by CB Richard Ellis. Dubai now attracts 56 per cent of all international retail brands surveyed and 1.2 million square metres of retail space which has come on to the market since 2006. These developments were the topic of […]

Palm Jumeirah Seems Back on Track

Dubai’s Palm Jumeirah, the world’s largest man made island, is getting back on track to become a hot tourist destination. Plans to open up to 30 hotels on Palm Jumeirah were put on hold following the worldwide economic downturn. In the last year, four hotels have opened on the island and two more are slated […]

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