International Property Investment » repossesed property in Dubai http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Sat, 14 Jan 2012 12:20:59 +0000 en hourly 1 admin admin International Property Investment Blog No No Dubai Property Investment :: Repossesions? http://internationalpropertyinvestment.com/dubai-property-investment-repossesions http://internationalpropertyinvestment.com/dubai-property-investment-repossesions#comments Thu, 24 Jun 2010 11:16:05 +0000 admin waugh tamimi execution rebounded amlak asserted checks tamweel http://internationalpropertyinvestment.com/?p=3796 The 1st public auction of reclaimed mortgage properties is anticipated to be held the month after next at the Dubai Land Department Offices. Despite numerous statements claiming that there were no foreclosures in Dubai,we reported on this phenomenon at the beginning of 2009, but with no laws in place and numerous hastily produced new laws - at last some repossessions will - maybe - come to market. Navigating strict Sharia laws against money lending with interest and "unusual" private property laws seems to have been the delay. As interest cannot be charged, and no one in the past having dared not to repay a loan, it will be interesting to see how this plays out.

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]]> http://internationalpropertyinvestment.com/dubai-property-investment-repossesions/feed 0 Key developers in Dubai pull out of Cityscape http://internationalpropertyinvestment.com/key-developers-in-dubai-pull-out-of-cityscape http://internationalpropertyinvestment.com/key-developers-in-dubai-pull-out-of-cityscape#comments Fri, 18 Sep 2009 10:51:42 +0000 admin http://internationalpropertyinvestment.com/?p=3414 Far be it for me to suggest that the amount of lawsuits being leveled at the major property developers in Dubai is the reason for this, but Nakheel, Emaar and Limitless have all pulled out of this years Cityscape Dubai.

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