Tuesday, June 30, 2009

Apartment in The Residence 4 Burj Dubai available for rent

A delightful 3 bedroom apartment with maids room in The Residences Tower 4 is for rent. The property is a great size and would be and ideal apartment for a professional person or a couple. Rental price is AED 230,000.00/ year.

For more information, please contact: Provident Estate
Tel: 04-3233609
E-mail:david@providentestate.com

info@providentestate.com
rentals@providentestate.com

Please visit their Website for more Dubai Apartments for rent

Saturday, June 27, 2009

2 BEDROOM AL MUROOJ ROTANA IN SHEIKH ZAYED

Tucked behind the Sheikh Zayed Road and surrounded by a moat-like manmade lake, the Al Murooj Rotana offers the convenience of being close to Dubai’s main thoroughfare without the traffic noise.

The hotel is in the shadow of the rapidly rising Burj Dubai, but with this privilege sadly comes the ongoing drone of construction work, for the time being anyway.

The rooms are comfortable and contemporary, the pool area pleasant, and there’s a well-equipped gym and spa at which to purge your sins. The hotel is principally geared towards business travellers, with its excellent meeting and conference facilities, but leisure travellers not excited by the beach should be more than happy.

One word of warning; avoid the second floor rooms near the perenially busy and noisy Double Decker pub if you’re a light sleeper.

Project/Building: AL MUROOJ ROTANA
Location/Area: Down Town
Emirates/City: Dubai
Property Type: Apartment
Bedrooms: 2
Bathrooms: 2
Total Area: 1,100 Sq. Ft
Net Area: 0 Sq. Ft
Furnished: Furnished
View: LANDSCAPE VIEW
Ready Date: 2009-06-24

Please Contact: Loai
Tel; 04-3233609
Mobile: 050-5057143
E-mail:loai@providentestate.com

Please visit our Website for more properties for rent in Dubai

info@providentestate.com
rentals@providentestate.com

DPRE Holdings Confirms Upward Trend in Dubai Real Estate Prices

The prices of luxury properties and properties in top locations in Dubai are showing a definite upward trend.

This was revealed by the findings of a survey conducted by DPRE Chronicle of its brokers in Dubai. The latest figures available at the end of the second quarter confirm the forecasts made by DPRE Chronicle on the basis of the data available in the first quarter of 2009. This segment has clearly bottomed out and is on the upswing. Local newspapers cite price increases from 20 to 40 percent. "Iconic" locations such as The Palm Jumeirah and Downtown Burj Dubai are at the forefront of this revival. A dozen other locations are already catching up.

The analysis clearly distinguishes between the positive trend in the top-level retail segment in select locations, and certain real estate funds, including European ones, which since 2008 have had to cope with severe problems. Potential investors should be aware of this difference. The macroeconomic environment of the Emirates is, nevertheless, investment-friendly.

Dubai Property Rental | Dubai Property

Sunday, June 21, 2009

Dubai property developer Deyaar chairman resigns

Dubai Property developer Deyaar chairman Nasser al-Shaikh has resigned from his post, the Dubai property firm said in a statement on Sunday, without giving a reason.

Shaikh was replaced in May as head of Dubai's Department of Finance after spearheading the launch of the emirate's $20 billion bond programme in February, a move aimed at easing worries state-linked companies could default on debts.

"The board of directors of Deyaar will convene shortly to consider its ratification of the same," it said in a statement.

Deyaar did not name Shaikh's replacement.

Shaikh remains chairman of Islamic mortgage lender Amlak and is an assistant to the director of the ruler's court for foreign affairs.

Shares of Deyaar were down 1.5 percent at 0712 GMT in line a drop in the Dubai index.

"Al Shaikh is a respected entity in the industry but this news is unlikely to have any major impact on Deyaar's stock price until the reasons for his exit are made public," said Mohammad Ali Yasin, managing director at Shuaa Securities.

Thursday, June 18, 2009

Pre-inspection of residences commences at Liberty House

ETA Star announced the commencement of the pre -inspection of the residences in Liberty House. Designed to be a distinctive and prominent architectural landmark in the Dubai International Financial Centre, the soaring forty-two storey structure consists of eight floors of spacious open plan offices, above which are twenty nine floors of luxurious apartments. With close to 140 offices and 220 residences, Liberty House stands tall at one of the prime locations in Dubai.

The residences area starts from 448sq ft. and ranges up to 1724sq ft area. All the residences are fitted with the best of the Italy and Belgium furniture. The studio furnishing includes a king size bed with Italian leather around the bed and the headboard, a love seat sofa made of Grande Ville Textured Fabric from the Mills in Italy, a lounge chair, coffee table and a side table, a full length mirror, a night stand and a reading desk with two chairs. One and two bedroom apartments have 2 seater sofa with cushion, TV stand, Dining table, dresser, bar table, standing lamp and night lamp. The furniture comprises of leather, black oak and frosted glass to gives the entire apartment a contemporary yet sophisticated look.

Dubai International financial Centre has multiple advantages, including being at a strategic location, and almost equidistant between the financial centres of Asia and Europe.

Mr. Abid Junaid stated that, "With modern design using a select palette of high quality materials and finishes both inside and out, ownership of these apartments will add significant value to the quality of life of our residents. We look forward to welcome more members to our family with this delivery"