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The head of the Real Estate Regulatory Agency in the UAE emirate of Ajman has warned that developers who failed to meet the May 1st registration deadline, will be fined Dhs100,000 per month. Once registration is complete, officials at Arra will assess which projects are still viable, reported Gulf News.

Although Dubai is the most widely recognised Emirate in the UAE, the capital, Abu Dhabi, is a popular place for residents and visitors.  The city of Abu Dhabi is only an hour away from Dubai, so it is a convenient place to live for many commuters, given the higher costs of living in Dubai.  Abu Dhabi is a cosmopolitan city, and it currently growing at a massive rate following on from Dubai’s lead, meaning there is also a movement towards freehold property for expatriates.

The major developer in Abu Dhabi is Al Dar Developers, responsible for aiming to bring the same success from Dubai’s property boom to the capital, and with so many exciting projects on the way; the freehold market will be fully established over the next several years.  Some of the properties that are being released include Al Raha Beach Development, Dolphin Towers, Al Reem Island, Najmay Abu Dhabi, Shams Abu Dhabi, Oceanscape, Lulu Island, Al Gurm Resort, Saadiyat Island, Al Raha Gardens, Al Mamoura and Golf Gardens.

Not all the upcoming Abu Dhabi property will be available to expatriates, as the nationals of the Emirates are being widely encouraged to buy them as well.  This is a good option as it prevents the community from being separated, and many nationals are actually choosing the option to purchase on freehold developments.  Although the projects underway in Abu Dhabi are less popular than the properties in Dubai, the freehold market is much newer, and the Abu Dhabi government have been a lot slower to push for more freehold property development.  With more and more demand for property that is affordable, Abu Dhabi is going to continue to grow.

The Sports City of Dubai possesses a newly built cricket stadium of international standard. Check out pictures and photos.

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Dubai Sports City – Dubai Cricket Stadium | Pakistan Speaks

The Golden Mile will encompass some of The Palm’s premier retail shops and residences. Upscale boutiques and cafes will create an exclusive sophisticated walkway, which fronts a collection of magnificent beachfront homes unmatched in luxury and class. Being developed at a cost of US $300 million it comprises 780 luxury apartments, in 10 waterside buildings and 220 upscale boutique shops and restaurants. This spectacular collection of apartments will offer unrivalled services, views, convenience and design. What’s more, you have the assurance that every detail is taken care of by a professional full service provider.

From apartment buildings with exclusive lobbies for enhanced privacy, to town homes which featured private garages and off-street front doors, The Golden Mile Residences have left no detail to chance. Interiors have been crafted with the same commitment to excellence, Bedrooms feature ceramic floors, spacious walk-in closets, insulated and double-glazed windows and the tiled balconies. Bathrooms have ceramic floors, the highest quality vanities, safety glass shower enclosures and granite countertops. Kitchens are equipped with track lighting, highest quality cabinetry, select granite tops and a twin bowl stainless steel sink with quality mixer tap.

The Golden Mile offers buyers a unique living environment as well as an outstanding real estate investment. The shops, restaurants, apartments and penthouses will be supported by an international hotel company providing comprehensive property services. The Golden Mile on The Palm will be an all-encompassing destination in its own right

Pulsating Passion for Sports

Live at the heart of the most active lifestyle in the world. Feel the pulse. The hub, the life and soul of sport. Here in Dubai Sports City. It doesn’t get better than this.

Panoramic Vista

Enjoy the real privilege of being a part of Dubai’s spectacular success. For the ambitious, the view from this pulsating sporting centre is unique, because the possibilities stretch endlessly over the horizon…

Completion Date

End of 2010.

Financing

65% financing available.

Payment Plan