Worlds next tallest hotel set to open in Dubai
Worlds next tallest hotel set to open in Dubai - The Gevora will stand tall at 356 metres and takes a prominent spot on Shaikh Zayed Road. Dubai: Shaikh Zayed Road will continue to host the "world’s tallest hotel", with the opening this week of the Gevora built by the Al Attar Group.
Time for Dubai Realty Investors to get back into Luxury
Time for Dubai Realty Investors to get back into Luxury - With less high-end stock coming through, the returns and yields could trend higher. Despite the popular global assumption that the majority of Dubai’s real estate stock and transaction volumes are concentrated in the prime/luxury end of the market, this sector represents just a small portion of the residential market...
Dubai Land Department and Aqari Global to promote real estate in US
Dubai Land Department and Aqari Global to promote real estate in US - US investors spend Dh4 billion on Dubai real estate over past three years. The Dubai Land Department (DLD), the emirate's property legislator, entered into a strategic cooperation and partnership agreement with Aqari Global Ltd 'Century 21 United Arab Emirates to promote Dubai real estate in the United States.
NAB to probe Pakistanis investments in Dubai real estate
NAB to probe Pakistanis investments in Dubai real estate - FBR receives confirmation of 55 out 100 Pakistanis who invested in Dubai’s real estate sector - Asad Umar says FBR, FIA have been misleading NA body by hiding the list of Pakistani investors. ISLAMABAD: National Assembly’s Standing Committee on Finance and Revenue on Friday decided to send the case of Pakistanis..
Dubai, Happiness and Sustainability
Dubai, Happiness and Sustainability - His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, has said that the UAE’s development journey progresses according to a clear strategy and objectives, that aim to place the country at the highest levels of global competitiveness, to provide the best in class quality of life to people and achieve their happiness.
Emaar Properties made profit of $1.8 billion in 2017
Emaar Properties made profit of $1.8 billion in 2017
The developer of the more than 160-storey Burj Khalifa, the world's tallest tower, made $1.43 billion in 2016 and reported $3.92 billion in Dubai property sales. ABU DHABI: Emaar Properties made $1.8 billion in profit and close to $5 billion in sales in 2017, the chairman of Dubai's largest listed developer said ahead of its full year results.
Floating Seahorse: More skeletons tumble out of Kleindiensts closet
Floating Seahorse: More skeletons tumble out of Kleindienst's closet - Developer charged investors not just for Floating Seahorses but also for plots in the sea for which it promised title deeds from DLD. Shocking new details have emerged about the multi-million dollar Floating Seahorse project in The Heart of Europe on The World Islands — a manmade archipelago four kilometres off the coast of Dubai.
A year when new innovations show up in Dubai realty
A year when new innovations show up in Dubai realty - Crowdfunding for property purchases should start getting higher exposure. To foresee what we should expect in 2018, it is important to note how the many changes we experienced over the past year have paved the way for advancement in what is becoming a mature real estate market in Dubai.
Dubai Real Estate not as crazy for crypto as people think
Dubai Real Estate Not As Crazy For Crypto As People Think - Dubai is famous for being the mecca of luxury real estate in the Middle East. It was the first market to sell a new development property in Bitcoin. The Aston Plaza and Residences in Dubai Science Park is the development that made headlines for accepting payment in Bitcoin..
Why complete and near-complete stock is a safer bet for Property Buyers
Why complete and near-complete stock is a safer bet for Property Buyers - If you pick a project with a low deposit payment plan and a developer who delivers on time and what they promise, the upside could be substantial. Dubai completed 14 per cent more residential real estate transactions in 2017 over the year before, with some 69,000 deals done, according to the Dubai Land Department (DLD).
2018 - A busy year ahead for Dubai Contractors
2018 will see the most number of construction contracts awarded related to Expo 2020, reckons JLL, a real estate consultancy. The value of contracts directly related to Expo 2020 is $6.1 billion. "2018 will be a busy year for contractors who have bagged Expo contracts as they will be in delivery mode...
What can you buy with bitcoin 20 surprising things
What can you buy with bitcoin? 20 surprising things - Cryptocurrency that has exploded onto the investment world in dramatic fashion, fluctuating greatly in price and making millionaires out of early investors. Although bitcoin has proven to be a wild ride for speculative investors, its main purpose is ostensibly to be a currency — an alternative way to buy and sell products and services.
Three-year $1.9bn budget approved for 7,200 Emirati Homes
Three-year $1.9bn budget approved for 7,200 Emirati homes - High quality infrastructure a priority for new housing. WAM, the official Emirates news agency, has reported that the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has approved the construction of 7,200 housing units for Emiratis across different parts of the UAE...
Dubai - DAMAC in talks with banks for possible dollar sukuk issue- sources
Dubais DAMAC in talks with banks for possible dollar sukuk issue- sources - Discussions about a new issue are at an early stage. DUBAI- DAMAC Properties , the second largest listed real estate developer in Dubai, is in talks with banks about a possible issue of U.S. dollar-denominated Islamic bonds, sources familiar with the matter said on Monday...