Monthly progress report for every project in Dubai

The Real Estate Regulatory Authority of Dubai (RERA) will publish monthly status reports on every single project in Dubai on their website, starting next week. So far, 875 projects are listed with RERA, and Marwan Bin Galita, chief executive of RERA, hope this initiative will comfort investors in these... 

List of projects currently on hold

The global financial crisis has caused a slowdown in construction in the UAE, and many developers have either cancelled or put their project on hold. Proleads recently reported that more than 50% of civil project in the UAE is currently on hold, worth a combined total of $582 billion. Meed and Zawya... 

Nakheel’s Marina Residences set for handover from April

Nakheel, the developer of Marina Residences on Palm Jumeirah, will begin handover of the residences in April 2009. Being more than 90% completed, the 900 homes scheduled for handover will be spread across the six towers located at the tip of Palm Jumeirah’s trunk. Work at Marina Residences has...