Omniyat To Launch Big Projects At Cityscape Global 2014

Tuesday, September 16, 2014
Omniyat To Launch Big Projects At Cityscape Global 2014 Dubai-based property developer Omniyat has announced that it aims to launch three prominent projects at Cityscape Global 2014. According to the developer, the three projects will be worth AED 3.5 billion and the main showpiece of the company at the event will be the ‘One at Palm Jumeirah’ project. According to sources, the showpiece project is being developed in collaboration with Drake & Scul ... more

Jersey Properties Launches Apartment Cluster In Mirdif

Tuesday, September 16, 2014
Jersey Properties Launches Apartment Cluster In Mirdif Jersey Properties has launched a new apartment cluster in Mirdif with a full freehold status. The developer claims that it is the first time a full freehold status is being offered to residential units sold in Mirdif, a news report said. The project, named Mirdif Tulip, offers one- and three-bedroom units. The prices of one-bedroom units start at AED 1.1 million while the prices for three-bed ... more

Smart Living City Dubai 2014 Opens Today

Monday, September 15, 2014
Smart Living City Dubai 2014 Opens Today Dubai’s first event showcasing smart products carefully designed to enhance the emirate’s infrastructure has opened today. Named Smart Living City Dubai 2014, the event is taking place at the Jumeirah Emirates Towers, and will continue till tomorrow. The event features panel discussions on the smart city ecosystem of Dubai, the global smart city trend, presentations of smart solutions, a start ... more

Park Investments Launches Debut Project In JVC

Friday, September 12, 2014
Park Investments Launches Debut Project In JVCPark Investments has launched its first real estate project in Dubai. The project is christened Park Villas and will be developed at a cost of AED 73.5 million. The project, which is planned to be developed in Jumeirah Village Circle (JVC), spans a total area of 34,000 square metres. The Park Villas will feature 93 four-bedroom villas with two-storeys each and personalised lifts. According to re ... more

Dubai On Track To Cater to 20 Million Tourists For Expo 2020

Friday, September 12, 2014
Dubai On Track To Cater to 20 Million Tourists For Expo 2020 Giving an update on preparations for Expo 2020, Helal Saeed Almarry, the Director General of Dubai Department of Tourism and Commerce Marketing (DTCM), stated that preparations are on track to welcome 20 million tourists for Expo 2020. The update included news of an increase of 9 per cent in hotel room capacity and also clarified the authority’s take on room rentals. The authorities believe ... more

Eyeing Four-star Hotel Market Jumeirah Group Revives “Venu”

Thursday, September 11, 2014
Eyeing Four-star Hotel Market Jumeirah Group Revives “Venu”Dubai-based luxury hotel company Jumeirah Group has revived its four-star hotel brand Venu in a bid to compete in Dubai’s four-star hotel market. The project is aimed at targeting the younger generation of luxury travellers and entrepreneurs who visit Dubai to enjoy the luxuries of the emirate, but at lower costs. Jumeirah Group, a subsidiary of Dubai Holding, is currently in talks with Meraas ... more

Mandarin Oriental To Develop Its First Property In Dubai

Thursday, September 11, 2014
Mandarin Oriental To Develop Its First Property In DubaiMandarin Oriental Hotel Group is planning to open its first hospitality development in Dubai. According to reports, the developer will feature a luxury resort project housing 200 rooms and suites along with 12 villas built over water. The resort will be located on Jumeirah Beach Road. The resort, christened Mandarin Oriental, is being built by Wasl Hospitality and some reports maintain that the ... more

Pakistani Investors Pour $1 Billion In Dubai Realty

Thursday, September 11, 2014
Pakistani Investors Pour $1 Billion In Dubai RealtyPakistani investor community has invested over $1 Billion in the Dubai property market. As per Dubai Land Department (DLD), Pakistani investors have made 3000 property deals during H1 of 2014. Pakistani investors are ranked 3rd among the largest foreign investors in the Dubai property market after Indian and English investors. The stable economy of Dubai and increasing profits from property inve ... more

BLVD Heights Launched In Downtown Dubai

Wednesday, September 10, 2014
BLVD Heights Launched In Downtown Dubai Dubai-based property developer Emaar Properties has launched BLVD Heights, a project featuring two residential towers that are connected by a podium. The towers are planned to be developed in Downtown Dubai. According to Emaar Properties, the new project will feature 280 residential units ranging from one- to three-bedroom apartments. The residential towers are in close proximity to The Opera D ... more

Dubai Metro Boosts Real Estate Market

Tuesday, September 09, 2014
Dubai Metro Boosts Real Estate Market Dubai Metro continues to affect the real estate market, as a large number of tenants are preferring to rent houses and apartments near the metro stations. According to a news source, 10 to 20 per cent increase on rental prices has been observed in the apartments near the metro stations. Five years ago, the Dubai Metro revolutionised the concept of commuting within Dubai by introducing world’s ... more

Meraas Holding Unveils Hospitality Project For Jebel Ali

Tuesday, September 09, 2014
Meraas Holding Unveils Hospitality Project For Jebel Ali Dubai-based property developer Meeras Holding has unveiled its plans for a hospitality project in Jebel Ali, Dubai. The project is christened Dubai Parks & Resorts. According to a news source, the ground work on the project had been started in February 2014. The first phase of the project is set to be completed in 2016. Phase 1 of the Dubai Parks and Resorts will feature three theme parks, a h ... more

Montrose Brings Successful Sales To Deyaar

Tuesday, September 09, 2014
Montrose Brings Successful Sales To Deyaar Dubai-based property developer Deyaar Development PJSC has announced successful sales for its residential units in tower-1 of the Montrose project. The developer told reporters that the majority of units were sold at an average price of AED 1.166 per square feet and would be delivered by December 2016. Encouraged by the booming sales, Deyaar has announced to open sale of units in its second re ... more

Limitless Awards AED 19.5m Contract To Dar Al-Handasah

Monday, September 08, 2014
Limitless Awards AED 19.5m Contract To Dar Al-Handasah Dubai-based property developer Limitless has awarded an infrastructure design and supervision contract to Dar Al-Handasah. According to reports, the contract is worth AED 19.5 million. The contract is for the infrastructure design of Downtown Jebel Ali and related supervision services at various construction sites. Downtown Jebel Ali is a 200-hectare mixed-use community in Dubai that is spread ... more

Co-founder Of SeLoger.com Joins Bayut.com As Chairman

Monday, September 08, 2014
Co-founder Of SeLoger.com Joins Bayut.com As Chairman Gilles Blanchard, one of the pioneers in the online property portal industry, has joined Bayut.com as chairman. Mr Blanchard is a veteran in the online property portal industry. He Co-founded SeLoger.com in 1999 and led it to its initial public offering (IPO) in 2006. Gilles Blanchard is regarded as an authority in the property portal world. He is presently working in a variety of real estate ... more

Asteco Appointed As The Sole Leasing Body For The Al Saqr Business Tower

Thursday, September 04, 2014
Asteco Appointed As The Sole Leasing Body For The Al Saqr Business Tower Asteco, one of the leading real estate consultancy of Dubai has been appointed as the sole leasing body for the Al Saqr Business Tower. The Business tower was previously known as the Al Attar Business Tower, but when it was acquired by the Al Saqr Property Management, it was rebranded to Al Saqr Business Tower. The tower is within a walking distance from the Dubai International Financial Centr ... more
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