Monthly Archives: March 2015

What We Ain’t Got!

Posted on March 29, 2015 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum launched the 22 million sq ft phase 2 expansion of Dubai Healthcare City which will cost up to US$ 1.36 billion. It will include the Nashami health project as well as retail and … Continue reading →

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The Times They Are A Changin’

Posted on March 21, 2015 by howesdubai

Property developer Nakheel has defended its right to increase villa extension application fees which, in some cases, have risen quite dramatically. Prior to September 2014, the standard tariff ranged from US$ 41 per sq ft in its Jumeirah Village development … Continue reading →

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Shake It Off

Posted on March 18, 2015 by howesdubai

Although Abu Dhabi recorded a 14.7% 2014 growth in the luxury residential property sector, Dubai only managed a marginal 0.3% price increase, compared to 17.0% the previous year. The Knight Frank’s Prime International Residential Index had Muscat, at 13.2%, the … Continue reading →

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Leaving On A Jet Plane

Posted on March 10, 2015 by howesdubai

The Investment Corporation of Dubai is teaming up with Canadian asset manager, Brookfield, to build a US$ 1 billion 50-storey tower next to the DIFC. ICD Brookfield Place, comprising a hotel, offices and retail outlets, will be ready in 2018. … Continue reading →

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Don’t Call Me!

Posted on March 3, 2015 by howesdubai

It seems that Dubai will see its first rainforest, as plans are afoot by Damac Properties to incorporate one in its latest development – Akoya Oxygen, encompassing 55 million sq ft. The developer will try and replicate the eco-system in … Continue reading →

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