Monthly Archives: April 2013

In Dreams

Nobody seems to know how many new housing units will come on line this year, with estimates of between 12k and 48k but some figure like 25k a plausible outcome. This would see a 7% increase in supply, mainly to … Continue reading

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All Shook Up

Emaar’s latest foray into the property market comes days after the release of 188 townhouses in their Mira development which brought chaos and pandemonium to Dubai’s streets, with thousands of unhappy prospective buyers on the rampage to purchase a villa. … Continue reading

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All or Nothing

Last year saw a 13.9% surge in foreign direct investment into the UAE, rising from US$ 24.5 billion in 2011 to US$ 27.9 billion. The improving economic climate and Dubai becoming more of a safe haven for overseas funds are … Continue reading

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Out of Time

With Easter fast approaching, the local hospitality industry is bracing itself for another busy period. Apart from the influx of tourists, another sector is becoming an increasingly important driver in filling Dubai’s growing number of hotels and that is the … Continue reading

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