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Wednesday, February 10 - 2010

Real Estate

Follow the Middle Eastern property boom with expert news and analysis on the real estate sector. See how the regions construction companies and property developers are performing with up-to-the-minute news, video and audio.

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Deyaar postpones distressed fund

United Arab Emirates: 15 hours, 42 minutes ago
Dubai-based developer Deyaar has delayed a Dhs500m ($136.1m) distressed property fund after international investors withdrew Dhs200m previously committed, the National has reported. The company launched the fund last summer to buy distressed properties from its own portfolio as well as other properties, as it looked to boost returns for shareholders. 'It is the wrong time for Deyaar to go out and try to raise the funds from the international community,' the firm's Chief Executive Markus Giebel told the daily.

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Jesse Downs Director of Research Advisory Services Landmark.

Landmark Advisory's Developer Rating indicates deficit of Grade A developers in Dubai and Abu Dhabi

United Arab Emirates: 11 hours, 59 minutes ago
Today, Landmark Advisory released its latest quarterly report which focuses on the 'Developer Rating' of the top developers in Dubai and Abu Dhabi. The quantitative evaluation carried out by a panel of industry revealed a deficit of Grade A developers in both cities. Low ranking developers will contribute to the ongoing price divergence within the asset classes in both markets.

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The Burj Khalifa will boost prices in the Downtown development

Dubai CBD to feel benefits of Burj Khalifa launch

United Arab Emirates: Tuesday, January 26 - 2010 at 15:54
The world's tallest tower, Burj Khalifa has finally opened its doors following five long years of construction. And, despite the last-minute name change, the presence of the world's tallest tower will deliver direct economic benefits to the emirate of Dubai.

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