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Monthly Archives: September 2016
Can’t Get Enough!
Being Dubai, it was no surprise to see two property reports, with different conclusions, this week. Knights Frank had a slightly positive summary that the sector is heading for a soft landing, with prices remaining flat in Q4 followed by … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Mclaren, Nakheel, UAE
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Where Did It All Go Wrong?
Aurecon, the appointed engineer and architect for The Tower at Dubai Creek Harbour, has awarded the wind-engineering consultancy to London-based MT Fluid Mechanics. On completion, the US$ 1 billion Emaar structure will be at least 100 mt higher than its … Continue reading
Posted in Finance
Tagged Arabtec, David Cameron, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Libya, Nakheel, UAE
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Livin’ On The Edge!
Latest Dubai Land Department data show that for the first 8 months of the year, there have been 38.8k sales, mortgages and other transactions, totalling US$ 43.0 billion, with 15.5k dealings, worth US$ 16.5 billion, over the past three months. … Continue reading
Bridge Over Troubled Water
With developers keeping a firm grip on the supply of residential units (this year only 35% of expected new property will be released into the market), it is surprising to read many property-related reports full of doom and gloom. Core … Continue reading
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