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DUBAI REAL ESTATE NEWS

Mukesh Ambani splurges $163 million on priciest Dubai villa

October 19, 2022 4:29 pm

Mukesh Ambani bought the Palm Jumeirah mansion last week for about $163 million from the family of Kuwaiti tycoon Mohammed Alshaya

Dubai luxury home market soars as world's rich flee pandemic

May 06, 2021 1:32 pm

As vaccines roll out unevenly worldwide and waves of infections force countries to extend restrictions, foreign buyers flush with cash have flooded Dubai's high-end property market, one of the few places in the world where they can dine, shop and do business in person.

Indians most active buyers of Dubai property

February 19, 2014 3:10 pm

Indians top the list of Dubai's most active property buyers.

217 realty projects scrapped in Dubai in two years

June 14, 2011 9:45 am

Dubai has cancelled 217 property projects in the past two years as of May 31,the Real Estate Regulatory Authority has said after completing a review of the industry.

Property in Dubai cheaper than Mumbai

April 07, 2011 10:20 am

At an average price of $264/sq ft in Dubai,property is now 60 pct cheaper than in Mumbai.

Choksi and his nephew Nirav Modi are wanted in the alleged Punjab National Bank fraud case that they allegedly orchestrated through fraudulent Letters of Undertaking in connivance with some bank officials at the Brady House branch in Mumbai.

‘Personal space, adequate light’: India assures Belgium on Mehul Choksi if extradited

India41 min ago

Four months after Mehul Choksi, the fugitive diamond trader wanted in India for the alleged Rs 13,000 crore Punjab National Bank (PNB) loan fraud case, was arrested in Belgium, India sent a letter of assurance to the country’s government, saying it will keep him in Mumbai’s Arthur Road jail complex, “if extradited”.

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