Category Archives: Dubai economy

Down To Earth

Posted on May 31, 2019 by howesdubai

Down To Earth                                                            30 May 2019.    Jumeirah Golf Estates announced that its Alandalus towers A and B have been completed and that Tower C will be handed over in Q4 2019, with the remaining four towers (D – G) … Continue reading →

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Cruel Summer

Posted on May 25, 2019 by howesdubai

Cruel Summer                                                  21 May 2019 According to Property Finder, there are 136 Dubai projects, encompassing more than 43k residential units, with an expected completion date by the end of 2019: there is also a further 4.1k from 18 other projects, … Continue reading →

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The Only Way Is Down

Posted on May 18, 2019 by howesdubai

DSS 2019 Dates From 21st June 2019 to 3rd August 2019 The Only Way Is Down                                                      16 May 2019 Bayut reported strong interest in off-plan residential projects near Dubai’s Expo 2020 site, with particular focus on Dubai South, Meydan City, … Continue reading →

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Wake Up Time

Posted on May 11, 2019 by howesdubai

Wake Up Time                                                          09 May 2019 Three separate reports this week seem to indicate that the turnaround in the Dubai economy may have started. Driven by new publicly-funded investments, and higher energy prices, the IMF pointed to a “turning point” … Continue reading →

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Suspicious Minds

Posted on May 3, 2019 by howesdubai

Suspicious Minds                                                               02 May 2019 HH Sheikh Mohammed bin Rashid Al Maktoum was in Beijing this week, attending the Belt and Road project, at which China’s President Xi Jinping tried to ease concerns, promising to ensure transparency and the … Continue reading →

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The First of May

Posted on April 29, 2019 by howesdubai

The First of May 25 April 2019 HH Sheikh Mohammed bin Rashid Al Maktoum was in Beijing this week attending the Belt and Road project at which China’s President Xi Jinping tried to ease concerns, promising to ensure transparency and … Continue reading →

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When The Going Gets Tough, The Tough Get Going

Posted on April 21, 2019 by howesdubai

When The Going Gets Tough, The Tough Get Going      18 April 2019 According to Asteco, and despite the current oversupply in the market, there has been a marked increase in Q1 hand-overs, estimated to be 6.7k; reports indicate that 23k … Continue reading →

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My Way

Posted on April 12, 2019 by howesdubai

My Way                                                                             11 April 2019 March off-plan sales topped 1.8k and were 7.7% higher than a month earlier. This welcome uptick in sales has seen developers, including Sobha – releasing 360 units in its second MBR twin tower project … Continue reading →

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Land of Hope and Glory

Posted on April 7, 2019 by howesdubai

Land Of Hope And  Glory                                                   04 April 2019 Damac Properties reported a record number of homes handed over last year, with many of the 4.1k total in its Damac Hills community. The developer posted revenues of US$ 1.7 billion, whilst … Continue reading →

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For Whom The Bell Tolls

Posted on March 30, 2019 by howesdubai

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 →

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