Tuesday, January 27, 2009

Snowfall in Ras Al Khaimah

Ras Al Khaimah's Jebel Jais mountain range experienced heavy snowfall on Friday, 23rd Jan 09, leaving it covered in a thick blanket of whitte, temperature dropped to 3 degree celsius.

Monday, January 19, 2009

Dubai property market boom

The dubai freehold market started on 2002 when then dubai crown prince General Sheikh Mohammed bin Rashid Al Maktoum opened freehold ownership to foreigners. Its been now 6 years old and the first buyers saw their value double and triple.

However, in this play game, the speculators later found that profits grow smaller and re-sale proft vanished on various master developer's projects. The developers then started slowing down the release of new units to adjust the demand and even reduced prices. 

Despite the fact, the argument for buying still seems strongest for completed property, as the owners or buyers (mostly from expat communities) immediately benefit from either not paying rent themselves or earning it from tenants.

List of Official Dubai Portals

Here are the list of dubai portals...

Dubai Government.
Dubai Police
Road and Transport Authority (RTA), Dubai
Dubai’s Electronic Raod Toll System
UAE Telecom Provider
Etisalat - http://www.etisalat.ae/
Du - http://www.du.ae/
Dubai Electricity and Water Authority

DSF 2009 Opening Ceremony Cancelled

Officials has declared that the Dubai Shopping Festival (DSF) 2009's official opening has been cancelled as an act of solidarity with people in Gaza. Read more here..

All About Dubai...

Dubai is one of the 7 emirates of United Arab Emirates (UAE) and is well known among them for its culture and tremendous growth in the past few years. Dubai is being called as the business hub of UAE. It is one of the major tourist destination in middle east. It is situated on the southern shore of the Persian Gulf on the Arabian Peninsula.

Dubai is the second largest Emirate after Abu Dhabi and is usually recognised as the ‘Pearl of the Persian Gulf’.

Read more

Dubai, ARE - Weather via MSN Weather

Gulfnews :business

Khaleej Times : Middle East News