UAE News round-up: 19/9/11

The latest stories being covered by the UAE press:

Nakheel home handovers
Dubai developer Nakheel has handed over more than 1,180 homes across the Dubai in the last 18 months.    In an email statement released on Sunday the company said that 700 units in its Marina Residences project had been handed over to buyers, alongside 100 apartments in its Masakin Al Furjan development and 130 homes in the Discovery Gardens.  256 homes in the stalled Jumeirah Village development have also been released to buyers.
Arabianbusiness: Nakheel says 1,180 homes handed over to buyers

Ajman to list scrapped real estate projects
Ajman’s property watchdog has pledged to reveal a list of the emirate’s scrapped real estate projects by early-2012, a move industry analysts say should prompt Dubai to follow suit.
Arabianbusiness: Ajman to list scrapped real estate projects, says watchdog

Is Dubai property price hike for real?
Reports suggest that the Dubai property market will remain sluggish at least for the rest of this year but agents and consumers are seeing price rises for rental and sales properties.   Is the increase a cause for market optimism or are sellers simply pushing their luck?
Emirates 24|7:  Is Dubai property price hike for real?

Mena housing jam
The Middle East and North Africa (Mena) region is facing an acute shortage of affordable housing, with a substantial lack of low-cost homes reported in Egypt, Iraq, Morocco and Saudi Arabia.

The problem is expected to become far worse during the next five years, owing to chronic under-investment in homes for low-income families and the rapid rate of population growth in the region, according to a report from Jones Lang LaSalle.
The National: Mena housing jam to worsen



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