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Monthly Archives: February 2017
Mama Weer All Crazee Now!
Dubai Properties has awarded a US$ 272 million contract to Dubai Contracting Company for the construction of 1/JBR – a 46-storey luxury tower; the development will include 161 2-4 bedroom apartments, along with several 5-bedrooom penthouses, with the average price … 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, Nakheel, UAE
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Hazy Shade of Winter!
Early 2017 property reports seem to have different findings. JLL estimate that only 15k units were handed over last year and this was the highest annual number in five years. ValuStrat put this number even lower at 11k which was … 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, Nakheel, UAE
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