TDIC Installs Louvre Abu Dhabi Dome Structure

Wednesday, October 22, 2014
TDIC Installs Louvre Abu Dhabi Dome Structure The Tourism Development and Investment Company (TDIC) has announced the complete installation of the dome structure of the Louvre Abu Dhabi. TIDC CEO Mr Ali Al Hammadi said that the company was pleased with the completion of the dome structure, which is regarded as a major milestone in the development of the museum. TIDC is a master developer of the major tourism, cultural and residential deve ... more

Hyatt Regency To Feature Largest Crystal Panel Cladding In Dubai

Wednesday, October 22, 2014
Hyatt Regency To Feature Largest Crystal Panel Cladding In Dubai Hyatt Regency in Dubai Healthcare City is set to get one of the largest crystal panel claddings in the world. According to reports, an Austrian producer of luxury cut lead glass is working on the crystal panel cladding of the Hyatt Regency, which has an area of 150 square metres. The development is expected to be completed by the end of the current year. ... more

Phase One Of Traffic Diversions Near Safa Park Nears Completion

Tuesday, October 21, 2014
Phase One Of Traffic Diversions Near Safa Park Nears CompletionDubai: Roads and Transport Authority (RTA) has announced that the phase one of the main traffic diversions on Al Wasl Road are near completion. According to reports, the traffic diversions on Al Wasl Road near Safa Park were needed as a part of the preparations to launch the second phase of Dubai Water Canal Project. The said development is expected to be opened by the end of October 2014, per ... more

DAMAC Opens Canal Views Hotel In Dubai

Tuesday, October 21, 2014
DAMAC Opens Canal Views Hotel In Dubai Dubai-based property developer DAMAC Properties has opened its second deluxe hotel, christened Canal Views, in the Burj area of Dubai. Canal Views features one-, two- and three-bedroom suites, each with complementary internet access, a cable TV and a fully-fitted kitchen. According to reports, Canal Views is the second project of DAMAC Properties in the area and will be managed by its own hos ... more

International City and Discovery Gardens Become The Most Affordable Communities In Dubai

Monday, October 20, 2014
International City and Discovery Gardens Become The Most Affordable Communities In DubaiInternational City and Discovery Gardens have been named as the two most affordable communities in Dubai. According to a news report, compared to the second quarter both the localities registered a decline of seven per cent in the third quarter of 2014. Despite the decline, the two communities (International City and Discovery Gardens) are up 40 per cent and 23 per cent respectively on annual ... more

Dubai Investments Park: A Key Player In UAE Industrial Boom

Monday, October 20, 2014
Dubai Investments Park: A Key Player In UAE Industrial Boom Dubai Investments Park (DIP) has been noted as a key player in the industrial and manufacturing boom of the UAE. According to a news report, DIP has attracted over 3,500 companies over the last 17 years. DIP is a subsidiary of Dubai Investments and is an integrated commercial, industrial and residential community in the Middle East. DIP offers an approximate area of 59.5 million square feet i ... more

Wasl Properties Launches New Mobile Services

Friday, October 17, 2014
Wasl Properties Launches New Mobile ServicesDubai-based real estate company Wasl Properties has launched several new mobile and online services at the GITEX Technology Week that is currently underway. The new services are designed to benefit the customers by increasing their accessibility to the facilities the company has to offer. Wasl Properties Information Technology General Manager Mr Mohammad Al Sharji said that maximising customer ... more

Extra Parking Spaces Are Up For Grabs In Dubai

Wednesday, October 15, 2014
Extra Parking Spaces Are Up For Grabs In Dubai According to the Dubai Land Department (DLD), real estate developers are now allowed to sell extra parking spaces in Dubai. The sale, however, is restricted to unit-owners only. DLD Real Estate Registration Services Senior Manager Mr Sultan Al Akraf said only property owners and landlords could buy the extra parking spaces. He also said the number of parking spaces must be mentioned in the ti ... more

Dubai Canal Construction Closes Jumeirah Beach Park Temporarily

Tuesday, October 14, 2014
Dubai Canal Construction Closes Jumeirah Beach Park Temporarily Dubai Municipality has temporarily closed Jumeirah Beach Park due to the ongoing development of Dubai Water Canal. Public Parks and Horticulture Department Director Mr Mohamed Abdul Rahman Al Awdi said that the closure was to ensure the smooth flow of the water canal project and other construction work. According to reports, the park will be open to visitors by the end of December 2016 after ... more

Open Invitation To All Developers: Emaar Places Downtown Plot On Auction

Tuesday, October 14, 2014
Open Invitation To All Developers: Emaar Places Downtown Plot On Auction Dubai-based property developer Emaar Properties has invited developers to bid for Plot 8A, a commercial plot in Downtown Dubai. Emaar has invited select developers for many commercial and residential auctions in the past, but this year's auction is the first open invitation for all developers. Emaar claims that the buyer of the plot can build a 30-storey commercial tower in the most prestigio ... more

Lock And Load: DPG Possesses Funds For Every Individual Project

Tuesday, October 14, 2014
Lock And Load: DPG Possesses Funds For Every Individual Project Dubai Properties Group (DPG) has secured all the funds it needs to complete all its projects, according to a news report. DPG Urban Planning and Infrastructure Chief Officer Mr Mohammad Al Habbai said that for the time being the company possesses all the funds required for the development of every single project it has launched. He said that the company did not depend on the sales for the de ... more

Rents in Abu Dhabi Expected to Rise in Near Future

Monday, October 13, 2014
Rents in Abu Dhabi Expected to Rise in Near FutureThe growing population of Abu Dhabi is set to create a housing shortage in the emirate in the near future. According to JLL, this housing shortage will also cause the rents to increase, as the near-term supply deliveries in Abu Dhabi are below the historic averages. Per JLL’s estimates, about 1,200 residential units were added to the property market of Abu Dhabi in Q3 of 2014, bringing the total r ... more

Developer Awards Contract For Community Centre

Friday, October 10, 2014
Developer Awards Contract For Community Centre Dubai-based property developer Nakheel Properties has awarded an AED 35 million contract for its Badrah Pavilion community centre to Convrgnt Value Engineering. Under the contract, Dubai-based Convrgnt Value Engineering will build a community mall in Nakheel’s Badrah development in Dubai. According to the developer, the Badrah Pavilion will be built over 72,000 square feet of land and will fea ... more

CustomerService.ae Joins Hands with Bayut.com to Participate In GITEX Technology Week

Friday, October 10, 2014
CustomerService.ae Joins Hands with Bayut.com to Participate In GITEX Technology WeekCustomerService.ae, an online portal focused on improving customer service across all industries in the GCC, is joining hands with the leading property portal of the UAE Bayut.com to participate in GITEX Technology Week. GITEX is a technology-related event that is organised every year. It is considered by many to be a gateway to IT the industries of South Asia, Middle East and Africa. The event e ... more

Developers Issued Deadline For Completion of 40 Mid-End Hotels

Thursday, October 09, 2014
Developers Issued Deadline For Completion of 40 Mid-End Hotels Dubai Properties Group (DPG) has issued a deadline to all the buyers of its 40 hotel plots that were sold by Dubai Holding. The deadline requires all developers to complete their projects by 2017. DPG Chief Officer for Urban Planning and Infrastructure Mr Mohammad Al Habbai said that 40 mid-end hotel plots were launched during the Arabian Travel Market, which were then sold to third parties who ... more
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