India's Oberoi mulls three hotels in UAE by 2013 - Zawya.com
After that, we have two planned for Abu Dhabi - a 120-room luxury beach front hotel and a 200-room downtown property. By 2013, Oberoi should add nearly 700 rooms to the UAE market." The group, which already boasts a luxury property in Saudi Arabia

SOLD! Auctions gain popularity in luxury real estate market - Savannah Morning News
A rebound’s early stages are a traditionally good time for auctions as luxury property owners saddled for months with high-end property finally see some demand. “A common misperception is that an auction is a sign of desperation,” said Dicky