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Habitat focuses on property and real estate in Dubai through several segments
over a 30-minute capsule, from the do's and don'ts of buying property to
in-dept analysis into the features and amenities of specific property.
Through an all-in-one show that encapsulates everything about real estate in
the region, Habitat provides its viewers in the Middle East and United Kingdom
with updated, accurate and unbiased information week after week.
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Headlines
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Dubai tightens rules for property buyers
Dubai property buyers who breach contracts or default on payments will have to
forfeit 30% of the sale price to the developer under new rules announced by the
Dubai Land Department. The developer may also delay any payment until the property
is resold to another buyer. Developers can also keep 30% of any payment made
in excess of the initial 30% installment. The new rules, effective immediately,
apply only to new contracts.
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In an exclusive interview with Habitat, Emaar chairman H.E. Mohamed Bin Ali
Alabbar announced a new policy of Rent to Own to encourage the end users
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Qatar eyes international purchases
The Qatar Investment Authority (QIA), the country's $60bn sovereign wealth fund,
plans to make more real estate acquisitions in 2009 as global prices decline
and investors sell assets. Navid Chamdia, the authority's head of real estate
said the fund was looking for prime properties in major cities at distressed prices.
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Showcase
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Established in 1996, BAGNARESI CASA set a tradition of
excellence in sofas and beds manufacturing and has continued to
expand the range of their high quality products through the years.
Creating products that are unique in its field with the Made in Italy stamp,
Bagnaresi Casa products have come to symbolise style, elegance and taste.
Their tailoring solutions come from years of experience and are further enhanced
by creativity and passion that goes into the making and production of every single piece.
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Trespassing
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A time for introspection and caution or a time for exploration
and bold action? The world may be in the throes of a financial crisis,
and the property market in the UAE may never be the same again,
but there is no doubt that times of economic downturn bring with
it opportunities too. Are developers in the UAE looking at
international markets? How and why? And what does this mean for
the investor of today and more importantly the potential investor?
Habitat takes a look.
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Property Helpline
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Get the answers for your questions on property market from the real estate Expert Mr. Ashvin Nivsarkar
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Top 5 Propertunities
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Palm Jumeirah signature villa F frond, tip villa at AED 28 million.
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Palm Jebel Ali D frond garden villa at only 40% premium.
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Palm Jebel Ali water homes from 3.8 million each.
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Gold crest exe in JLT, furnished studios from 900,000.
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Jumeirah village 2 bed mediterenian villas from 2.9 million.
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