Dubai To Retain Optimism Throughout The Year

Friday, April 18, 2014
Dubai To Retain Optimism Throughout The YearJones Lang LaSalle, a global real estate company, revealed in a recent report that optimism among the investors of Dubai will continue to escalate throughout the year. The company said that tourism, transportation and trade are the vital pillars of Dubai’s economy and they will continue to prosper in 2014. Jones Lang LaSalle is of the view that the 39,000 residential units, which will be deliver ... more

Nakheel Requests Design and Construction Proposals For Boardwalk Project

Friday, April 18, 2014
Nakheel Requests Design and Construction Proposals For Boardwalk Project Nakheel Properties, a Dubai based property developer, has invited proposals for the design and construction of its 11 kilometre long Boardwalk project. The Boardwalk project is planned to be constructed on the man-made island, Palm Jumeirah. Plans for the development of a Boardwalk on Palm Jumeirah were unveiled at Cityscape 2013. The new development is intended to transform the protective cre ... more

Emaar Strengthens Shopping And Entertainment Offerings In The Springs Community

Thursday, April 17, 2014
Emaar Strengthens Shopping And Entertainment Offerings In The Springs CommunityDubai master developer, Emaar Properties, aims to refurbish the existing shopping area in the Springs community in order to provide residents with better shopping and entertainment services. Emaar is concentrating on developing a cinema, a sports complex and children activity zones in the residential community. Along with the entertainment options, the shopping area of the Springs will also have ... more

Crystal Lagoons Targets The Tourism Of Middle East

Thursday, April 17, 2014
Crystal Lagoons Targets The Tourism Of Middle East Crystal Lagoons, the developer constructing the largest lagoon of the world in Dubai, aims to tap the booming tourism of Middle East by launching eight new mega projects in the region. The new projects will add to the regional and international portfolio of the company. Crystal Lagoons already holds two Guinness World Records’ titles of developing the largest lagoon. The first largest lagoon w ... more

Bin Majid Hotels Plans Expansion In The UAE

Wednesday, April 16, 2014
Bin Majid Hotels Plans Expansion In The UAEBin Majid Hotels & Resorts is planning to launch two more properties in the UAE this year. The renowned hospitality chain is planning expansion in a bid to double the number of rooms under its administration. According to Bin Majid, Santorini Hotel, located on the Marjan Island in Ras Al Khaimah, is set to open its gates to the world by the end of 2014. Marjan Island is the first man-made ... more

Dubai’s Property Market Gains Positive Sentiment Among Investors

Wednesday, April 16, 2014
Dubai’s Property Market Gains Positive Sentiment Among InvestorsEmaar, together with two other developers, has launched the sales of almost 1,000 new residential units which has further increased the positive sentiment in the market. Emaar Properties, Lootah Real Estate and Dubai Properties have declared their plans of building approximately 1,000 new homes on the borders of Dubai. It was reported yesterday that Dubai Properties and Lootah Real estate ha ... more

Dubai Properties Aims To Promote Arabian Culture

Tuesday, April 15, 2014
Dubai Properties Aims To Promote Arabian CultureDubai Properties, a renowned property developer of Dubai, is planning to promote Arabian culture via its Manazel Al Khor project in Dubai’s Cultural Village. The developer has launched the sales of villas in the mentioned cultural village. Dubai Properties claims that the delivery of 76 units is scheduled for June 2016. The development is situated at a Creek-side location and features tradi ... more

Emaar Set To Launch 480 New Units In Mira Oasis

Tuesday, April 15, 2014
Emaar Set To Launch 480 New Units In Mira OasisOwing to the increasing demand of property across the globe, Emaar Properties is all set to launch 480 three and four bedroom townhouses in its residential project Mira Oasis. Mira Oasis is located in Reem, a locality near Arabian Ranches, and is set to feature various amenities like separate bicycle pathways, rock climbing wall, skate park, football field, cricket pitch, a retail plaza, a scho ... more

JVC Receives Project Worth Dh350 By Lootah

Tuesday, April 15, 2014
JVC Receives Project Worth Dh350 By LootahLootah Real Estate has successfully launched Shamal Community, a residential project in Jumeirah Village Circle. The residential project is worth Dh350 million and comprises villas and apartments. The project is planned to be developed in different phases and the Phase 1 will include 30 Shamal Terraces villas along with 204 studio and 55 loft apartments in Shamal Residencies. The villas o ... more

DLD Records Property Transactions Worth Dh61 Billion In Q1 2014

Monday, April 14, 2014
DLD Records Property Transactions Worth Dh61 Billion In Q1 2014Real estate transactions in Dubai grew 38 per cent in the first quarter of 2014 as compared to the same period last year. According to the data released by Dubai Land Department (DLD), the total real estate deals carried out in the first quarter of 2014 reached a whopping value of DH61 billion. Sultan Butti Bin Merjen, Director General DLD, is of the opinion that the next three quarters of ... more

Meraas and Six Flags Join Hands To Construct A Theme Park

Monday, April 14, 2014
Meraas and Six Flags Join Hands To Construct A Theme Park Meraas Leisure and Entertainment and Six Flags Entertainment Corporation have joined hands to construct a multi-themed park project in Jabel Ali, Dubai. Planned to be delivered in late 2017, the project is set to feature the tallest and fastest roller coaster ride in the world. Meraas Leisure and Entertainment is a subsidiary company of Meraas Holdings and Six Flags Entertainment Corporatio ... more

Dubai Constructs Aladdin City To Boost Cultural Tourism

Monday, April 14, 2014
Dubai Constructs Aladdin City To Boost Cultural Tourism Dubai Municipality has confirmed the development of Aladdin City on Dubai Creek. The project is inspired by the tales of Arabian Nights with special concentration to the epochs of Aladdin and Sindbad. The project expands on an area of 450 metres on Dubai Creek and is planned to house three towers featuring commercial and hotel space. The project is a part of the vision of His Highness Sheikh ... more

Damac Launches 33-storey Tower In Jumeirah Village

Friday, April 11, 2014
Damac Launches 33-storey Tower In Jumeirah VillageDubai – Damac has launched Vantage, a 33-storey tower, in Jumeirah Village. The project features 388 serviced units including furnished studio, 1, 2 and 3-bedroom apartments. The development work has been started on the project and it is expected to complete by Q2, 2017. Vantage is located six minutes from Emirates Hills and five minutes from Arabian Ranches. It will feature a café, restaurant ... more

Rising Rents Drive Dubai Tenants North

Thursday, April 10, 2014
Rising Rents Drive Dubai Tenants NorthIncreasing rents are forcing tenants to move to the northern emirates where the rents are still low. Reports reveal that a studio apartment in Discovery Gardens is more expensive than a two bedroom apartment in Sharjah. Many expats, who travelled to Dubai in search of a better life and a good job, are relocating to northern emirates or finding apartments close to Dubai Metro to cut down on their ... more

Dubai Landlords Cash In Expo 2020

Thursday, April 10, 2014
Dubai Landlords Cash In Expo 2020 Dubai landlords are seen to be cashing in of the Expo2020 boom. Many events have been reported where rents of residential apartments in Dubai were escalated and the reason given to the tenants was Expo2020. Even though the reason seems completely absurd, yet the landlords of Dubai are trying to cash in on the hype of Expo2020 while it lasts. The tenants on the other hand are seen to be reloca ... more
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