Dubai''s property market is showing signs of recovery, with property prices rebounding by 9 per cent since hitting bottom in April, but low occupancy levels could pull down sales and rent prices before the end of the year, two separate reports said on Monday.

Brokerage HC Securities said the property market in the emirate appears to be headed for a turnaround, thanks to improving sentim... Read More

With good news being thin on the ground for property related enterprises recently, the results of this years Arabian Property Awards 2009 have revealed fantastic rewards for The Oryx Corporation. If scooping 5-star awards for all three of the entered categories wasn't enough, Oryx went on to have the same categories nominated for the Best international award in each category also. Attending a ... Read More

At the beginning of 2009 Oryx introduced m.oryxrealestate.com - an application that allows you to access all the latest property updates, listings and market information while on the go.

By investing even further in website and technology, Oryx Real Estate is now available on your mobile from anywhere in the world. This is a unique real estate service here in the UAE and enables users t... Read More

You can now follow the latest property new listings and recommended best buys from Oryx on "twitter". If you haven't been tempted to try this out yet, visit www.twitter.com and join up for free. To follow Oryx and our latest developments, news and offers, visit us on www.twitter.com/oryxcorp

Oryx Home is one of the totally unique services offered to our most discerning of clients. One such property, located in California had the 'Oryx Home' treatment in 2008, which included installing a state-of-the-art home cinema/ entertainments room, which was nominated for, and won the Gold award for Best Media Room Technical Design in the 2009 CEDIA awards. CEDIA recognizes the best of the be... Read More

Another exciting venture for Oryx in 2009 is the signing of a license agreement with Engel & Volkers in Southern California. Partnering with Engel & Volkers will further establish our global development in customer orientated enterprises, dedicated to perfecting the full customer service. A proven foundation for lasting success.

Engel & Volkers are a leading International Re... Read More

During the past year Oryx have been exploring opportunities in California, which has led us to open our first overseas office, located in Newport Beach, California. The new office in California is an extension of The Oryx Corporation, with the Dubai office still very much in full swing.

We see California as an emerging property market, with signs of growth and a sustainable real estate ... Read More

Oryx sign up with Lime Tree Valley to host an event at the Dubai Championship.

Oryx will be using one of the two show villas at Lime Tree Valley as hosting venues to watch the greatly anticipated golf tournament, on Friday 20th November. These outstanding properties are both located in advantageous positions on the Greg Norman-designed ''Earth'' course at Jumeirah Golf Estates. Lime Tre... Read More

With hopes that the worst is over, a certain sense of stability and relative signs of recovery are appearing in the Dubai real-estate market.

The value of land transactions for the week ending 10th September tipped AED 1.35 billion, 32% higher vis-a-vis last week whereas the mortgage value for the same period was recorded at AED 411.23 million (source: Dubai Land Department).

Sim... Read More

The Dubai Metro will be officially inaugurated on September 9th and is expected to increase the values of nearby properties. Though growth has slowed in the emirate recently, it is still expanding rapidly. Residents and visitors will be able to get around the city and emirate much easier with the new, modern Metro Line.

The Metro''s Red Line will be the first to open and will have 10 st... Read More

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, will officially launch Dubai Metro on 9th of September 2009, starting with 10 key stations on the Red Line, namely: Rashidiya, Terminal 3 (Dubai International Airport), City Center, Al Rigga, Union, Khalid bin Al Waleed, Jafliah, Financial Center, Mall of the Emirates, and Nakheel Harbour... Read More

Property prices in Jumeirah Village have climbed by 5 to 30 per cent from their low levels in January this year, according to recent reports, signifying an early recovery for the Dubai property market, which has witnessed a nine-month period of decline. Driven by its commitment to offering high-value units within the Dubai's most luxurious community developments, Memon Investments, a leading D... Read More

It's not due to open until September, but Dubai Metro is already starting to affect the city's property prices with homes near stations selling for more money.

Flats in Jumeirah Lakes Towers (JLT), close to stations on Sheikh Zayed Road, are selling for 6.5 percent more than units further away, reported The National. "For residential [sales] we're seeing a higher demand because of acces... Read More

A universal property contract that clearly sets out the terms for both buyers and sellers is to be introduced to Dubai to stop disputes over misleading small print, it was reported on Monday.
 
The standard contract, which will be used for all property sales, has been drawn up by the Dubai Land Department and is waiting for approval, according to Emmad Eldin Farouq, senior legal adv... Read More

Real estate brokers, who made up most of the audience at the UAE''s first property auction, said on Wednesday that the homes under the hammer should have been distressed sales.

None of the four lots made their reserve price at the auction on Tuesday evening in downtown Dubai, with no bidders coming forward for the last two properties - a four bedroom penthouse apartment in Jumeirah Bea... Read More

The first tangible signs of economic recovery in the UAE will be witnessed towards the end of the year and the current positive indicators of recovering markets, high oil prices and reports of a possible bottoming out should be met with caution, say economists and industry leaders.

With local markets on the upswing, oil floating in the high $60s and the real estate market witnessing few... Read More

Joint-venture partners, Nakheel and IFA Hotels and Resorts have started handing over the keys to the residential units at Golden Mile on Palm Jumeirah. Golden Mile is made up of ten buildings with a total of 860 residential units, in addition to the first freehold offices on Palm Jumeirah, as well as an extensive retail area. All residential units are managed by the neighbouring Fairmont Palm ... Read More

Real Estate Regulatory Authority (Rera) is planning to introduce new regulations that will strengthen transparency and boost investor confidence in the coming months, a top official said.

Senior officials at Rera are studying 27 projects that could potentially be cancelled in light of the strained real property market in Dubai. Some projects are simply not feasible and some investors wh... Read More

While the UAE continues to maintain its dominant position in the Middle East and Africa for foreign direct investment (FDI) - accounting for 50 percent of total projects in the region - Dubai has emerged as the destination of choice.

According to a report in London's Financial Times Dubai has, for the first time, been named as the top destination city in the world, surpassing cities suc... Read More

Repercussions of economic gloom notwithstanding, Dubai property prices are all set for a resounding comeback, as rich investors take advantage of the current scenario in the market, new Dubai property developer says.

Oliver Hickey Managing Director of Nexus Development Ltd said: "When markets fall as dramatically as Dubai has in such a short period of time there are always speculators t... Read More

Downtown Burj Dubai is offering a visual treat for residents and visitors as testing work of The Dubai Fountain, the world''s tallest performing fountain, progresses towards official unveiling.

Mr Mohamed Alabbar, Chairman, Emaar Properties, said: "The Dubai Fountain is an unparalleled light and music spectacle for the city, and will add to its tourist appeal. Undertaking a project of m... Read More

Dubai's master-developer Nakheel, which is set to take over the operations and management of the luxury liner Queen Elizabeth 2, said on Sunday excited preparations are underway for the arrival of the world's best loved ocean liner.

The ship left Southampton last week on her final voyage and is now en route to her new home here. Nakheel will provide a fitting welcome for this queen of t... Read More

Propertyfinder.ae, the UAE's leading real-estate website, has released findings revealing Dubai's top locations to rent and buy in 2009.

The findings reveal that both renters and buyers are moving further out of Dubai's traditional residential hubs to areas such as The Springs, Jumeirah Lake Towers and Discovery Gardens, with new communities high on the priority list for both renters a... Read More

Developers behind some of the most luxurious property in Dubai on the iconic Palm Jumeirah say it is still attracting high demand and prices.

Last month, it was warned that prices on the man-made island were falling fast, with some real estate going for 50 per cent less than peak prices. But Poznyakizhilstroy Corporation, which is building the Kempinski Palm Residence and Hotel, said in... Read More

Enquiries for properties in Dubai have picked up markedly in recent weeks, according to a survey of local real estate agents.

Across the board realtors are reporting heightening interest in apartments and villas around the emirate. Properties in Dubai Marina, Jumeirah Beach Residence and The Palm Jumeirah are particularly in demand.

Sales however are still low as sellers dicate p... Read More

Property prices appear to be bottoming out in Dubai, brokers say, citing the increase in transactions in February that they say shows buyers are returning to the market.

Prices have fallen substantially since the end of last year, by as much as 50 per cent in some developments. The cost of flats in Palm Jumeirah have dropped to Dh1,000 a square foot from a high of Dh2,000 a square foot ... Read More

"The Dubai real estate market is full of opportunities and this is a great time to buy as a number of projects are now... Read More