Owners of villas in Dubai are failing to match their asking prices to reality, according to a survey of real estate brokers in the emirate.

This is leading to fewer enquiries translating into sales. According to real estate website propertyfinder.ae there has been a 2% increase in sea...

Abu Dhabi, the oil-rich sheikhdom that spent 36 billion dirhams ($9.8 billion) bailing out its biggest developer in 2011, will probably reach for its checkbook again as property companies in the United Arab Emirates face a stalled market and deadlines to repay debt.

“It’...

Property sales in Dubai are 70% less than they were at the peak of the market in the middle of 2008 but a small rise in transactions is being hailed as a good sign.

Real estate experts are pointing out that no one wants a rush back to the heady days of speculative flipping which made...