Monthly Archives: March 2019

For Whom The Bell Tolls

For Whom The Bell Tolls                                                  28 March 2019 According to the UAE real estate portal Property Finder, 55% of the emirate’s realty sales, for the first two months of the year, were for off-plan homes, with the balance … Continue reading

Posted in Categorized | Tagged , , , , , , , , , , , | Leave a comment

Land Of Make Believe

Land of Make Believe                                                 21 Mar 2019 Photo Work is ahead of schedule on phase 1 of the US$ 820 million Mirdif Hills project, according to ECC Group who indicated that 70% of construction has been completed on Janayen Avenue … Continue reading

Posted in Categorized | Tagged | Leave a comment

Throwing It All Away

Throwing it All Away                                                           Because of the slowing construction and realty sectors, Moody’s expects that bank loan losses will inevitably grow, based on the fact that lending to real estate entities has increased to 20% of their total lending book … Continue reading

Posted in Categorized | 1 Comment

Don’t Play With Me

Despite all the doom and gloom around, a positive note was sounded by’s CEO Haider Ali Khan who noted that the start of the year has witnessed positive growth in a selection of key Dubai developments. Although agreeing that … Continue reading

Posted in Categorized | Leave a comment

Back Home Again

HH Sheikh Mohammed bin Rashid Al Maktoum has approved a US$ 8.7 billion nationwide project for the construction of 34k housing units for Emiratis over the next five years. He has also ordered that the value of the salary ceiling … Continue reading

Posted in Finance | Tagged , , , , , , , , | Leave a comment