Abu Dhabi ruler issues law to regulate property marketAbu Dhabi's ruler has issued a decree to regulate and improve transparency in the emirate's real estate sector, requiring brokers and developers to be licensed and introducing rules to protect buyers of projects that are not yet complete More… |
Nakheel halts sales of new propertiesDeveloper Nakheel, Dubai World's property arm that is restructuring $10.9 billion in debt, said it has stopped selling new properties and is focusing on consolidation. 'Nakheel is currently focusing on consolidating and swapping it More… |