Monthly Archives: May 2016

A Little Bit More

Posted on May 30, 2016 by howesdubai

The Burj Al Arab has opened its much-vaunted 10k sq mt artificial island, built by the Finnish firm, Admares. Boasting two pools, private cabanas, dining options and a beach made from 1k tonnes of introduced white sand, annual membership rates … Continue reading →

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A Drop In The Ocean!

Posted on May 22, 2016 by howesdubai

Last year, CBRE predicted 20k new residential units would be completed – the figure turned out to be less than 10k. This year, the consultancy estimates 15k new properties for Dubai. If the emirate is set to grow at 6% … Continue reading →

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Picking Up The Pieces!

Posted on May 18, 2016 by howesdubai

CBRE’s latest report indicated that slowing job growth and the negative impact of new supply were the main drivers behind Dubai Q1 residential rents and sale prices dropping on average by 2%. This comes on the back of a 4% … Continue reading →

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Do You Believe In Magic?

Posted on May 15, 2016 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has approved the construction of a 60k capacity sports arena in Al Aweer. The Mohammed bin Rashid Stadium, costing US$ 817 million, will be the world’s first fully air-conditioned and raised off the … Continue reading →

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With A Little Help From My Friends

Posted on May 2, 2016 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has set up the Dubai Economic Security Centre whose main aims are to combat bribery, corruption, financing of terrorism, money laundering and fraud. As well as protecting the emirate’s position as a global … Continue reading →

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