Union Properties expands footprint into KSAMonday, April 27, 2015
Union Properties expands footprint into KSADubai-based property developer Union Properties has signed a Memorandum of Understanding (MOU) to expand its footprint into the Kingdom of Saudi Arabia with Naif Al-Rajhi Investment Company. Under the agreement, the company will be allowed to establish a limited liability company specialised in real estate investment and development in the kingdom. The MOU was signed by Union Properties General ... more
Legoland Water Park slated for delivery in 2015Monday, April 27, 2015
Legoland Water Park slated for delivery in 2015 In collaboration with Merlin Entertainment, a UK-Based FTSE 100 company, Dubai Parks and Resorts has launched its latest tourist attraction named Legoland Water Park in the wider Legoland Dubai theme Park. The project is scheduled for completion in 2016. Legoland Water Park is aimed at children aged between two to 12 and once completed the project will feature Legoland’s popular water attract ... more
Palm Jumeirah to house new super-luxury villas Friday, April 24, 2015
Palm Jumeirah to house new super-luxury villas AA Real Estate Development has launched the sales of a collection of villas on the tip of a Palm Jumeirah frond with the best luxuries and amenities Dubai can offer. The five landmark villas will be located on frond M of Palm Jumeirah and will have a price range starting from AED 70 million. The project, named M State, offers 5-6 bedroom villas featuring three floors and private beaches. Each ... more
Masdar launches self-sustaining energy efficient villa conceptFriday, April 24, 2015
Masdar launches self-sustaining energy efficient villa concept Abu Dhabi’s urban innovation ecosystem Masdar City has recently launched a new concept featuring 4-bed eco-villas that can generate their own electricity. The developer claims that the project will divert 63 tonnes of CO2 emissions and use 35% less water than average UAE villas. The aim of the uniquely designed villas was to accommodate the future population growth and cater to the growing de ... more
IHG to launch boutique hotel brand in DubaiThursday, April 23, 2015
IHG to launch boutique hotel brand in DubaiThe InterContinental Hotels Group (IHG) has laid out plans for a 285-room boutique hotel brand Hotel Indigo in the UAE in collaboration with Sunflower. The hotel that will be located in the Business Bay District will feature an infinity edged pool boasting unparalleled views of the world’s tallest building, Burj Khalifa, a fitness centre and meeting space, IHG said in a statement. An all-day d ... more
Bloom launches 279 apartments in Dubai MarinaThursday, April 23, 2015
Bloom launches 279 apartments in Dubai Marina Abu Dhabi-based property developer Bloom Properties has launched Stella Maris tower project in Dubai Marina at its stall in Cityscape Abu Dhabi 2015. The developer is the property and lifestyle arm of National Holding. The residential project will offer 279 residential units to discerning buyers in Dubai Marina and will help in diluting the concentrated demand at the most popular locality of t ... more
Hilton’s Hampton to make Dubai debut Thursday, April 23, 2015
Hilton’s Hampton to make Dubai debut Hilton Worldwide will be collaborating with Wasl Hospitality and Leisure to introduce its mid-market brand Hampton by Hilton to the Middle East in 2017. The 420-key Hampton by Hilton Dubai Al Qusais will be the brand’s largest in the world and will be located near Dubai International Terminal 2 and the Dubai Airport Freezone Authority. Hilton Worldwide Global Head Phil Cordell said it was ... more
Another affordable housing project launched Wednesday, April 22, 2015
Another affordable housing project launched Kuwait-based property developer Al Mazaya Holdings has launched a Q-line project worth AED270 million in Dubai. The developer said that the construction will start within three months and the project will be open for sales in September 2015. The project is planned to be developed in Dubailand, close to the Queue Point mega project of Al Mazaya Holdings. Comprising of four buildings, ranging ... more
Union Properties brings a touch of Greece to Motor CityTuesday, April 21, 2015
Union Properties brings a touch of Greece to Motor City Dubai-based property developer Union Properties has announced the launch of Oia Residencies, an AED 430 million residential project in Dubailand. The very name of the project is inspired by a small town in the island of Santorini, Greece and so is its architecture which features white-painted houses similar to those of Greek islands. According to developer, the project will offer 271 units, in ... more
Aldar launches three more residential projects in Abu DhabiTuesday, April 21, 2015
Aldar launches three more residential projects in Abu DhabiAbu Dhabi’s biggest property developer Aldar has announced three new major residential projects in the emirate, promising about 2,000 units to the market. The developer launched West Yas and Mayan on Yas Island and the third community Meera will be built in Shams Abu Dhabi in Reem Island. West Yas, which will have about 1,000 premium villas, will be available for sale only to Emiratis. The dev ... more
Emaar’s Maple to adorn Dubai Hills Estate Monday, April 20, 2015
Emaar’s Maple to adorn Dubai Hills Estate Dubai-based property developers Emaar Properties and Meraas Holding have launched a luxury townhouse project in Mohammed Bin Rashid City (MBR City). The project is located in Dubai Hills Estate (DHE) in MBR City, a joint venture project of Emaar Properties and Meraas Holdings. Maple is the first townhouse community of DHE. According to the developers, the project will have 118 town houses offe ... more
Emiratis prefer purchasing property on cash Monday, April 20, 2015
Emiratis prefer purchasing property on cash In a survey of 308 UAE residents, it was found that Emiratis preferred buying properties on cash against expats who opted for financing to seal their deals. The survey was conducted by YouGov and it listed Arab expats on the third place with 37% and Western expats on fourth with 27% of people preferring to buy property on cash in Dubai. The survey revealed that among the first time buyers, 75% ... more
Abu Dhabi nears completion of mega water projectFriday, April 17, 2015
Abu Dhabi nears completion of mega water projectAbu Dhabi is inching closer towards completing a mega water project that would ensure a 90-day supply of water for the capital and all of the Western Region in case of an emergency. The AED 1.6 billion project is expected to be completed by September, and would pump desalinated water to a fresh water underground aquifer near the Liwa oasis in the Western Region. Testing is underway at the site w ... more
Londoners top list of people travelling to UAEFriday, April 17, 2015
Londoners top list of people travelling to UAE Residents of London and Manchester topped the list of people travelling to the UAE, according to a study that gauged which cities most of the flights to the country originated from. According to flight booking data released by Expedia.com., the two UK cities were followed by residents of Manama, Paris, Milan, Kuwait City, Doha, Riyadh, Cairo and New York City. British tourists have always soug ... more
Dubai leads the pack with 14,385 under-construction hotel roomsThursday, April 16, 2015
Dubai leads the pack with 14,385 under-construction hotel roomsMövenpick announces Media City hotel Dubai has come on top in the entire Middle East and Africa region in terms of the number of rooms under construction. The emirate registered the largest number of rooms under construction with 14,385 rooms in 49 hotels at the end of last month. Other active markets in the region for hotels were Doha in Qatar, and Mecca and Riyadh in Saudi Arabia. In the f ... more
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