Tag Archives: Arabtec

Father and Son

This week HH Sheikh Mohammed bin Rashid Al Maktoum launched the ambitious Marsa Al Arab, to be developed by Dubai Holding. The project will have two islands, one of which, located to the left of the Burj Al Arab, will … Continue reading

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9 to 5

The RTA is set to spend US$ 102 million on road and tunnel infrastructure in and around the upcoming Jewel of the Creek project in Dubai. Set to be completed within two years, the 124k sq mt development will house … Continue reading

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Welcome Home!

If you thought Dubai property was expensive (at US$ 6,653 per sq mt), then consider Monaco where prices are seven times higher, according to global property firm Savills. On average, the emirate’s villa prices have surged 94% in the past … Continue reading

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Quit Playin’ Games

Dubai Investments Real Estate Company plans to soon launch Nasayem Avenue, the second and centrepiece cluster of its US$ 817 million Mirdif Hills project; the whole  development, covering 3.9 million sq ft and housing 1.05k residential units, a 4-star hotel … Continue reading

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Take A Chance On Me!

Last year, Dubai International Convention and Exhibition Centre hosted more than three million delegates and attendees at various events and trade shows; this was an 11% annual hike in footfall that saw 51.7k exhibitor companies from 185 countries. The MICE … Continue reading

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In The Summertime

Chestertons reported a marked improvement in the local realty sector, with off plan sales up 45%, an overall Q1 transactional activity higher by 25% and a 4% hike in the number of transactions for ready property. There was a 31% … Continue reading

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Only Fools Rush In

The latest CBRE report paints a dismal picture of the Dubai housing market with a Q1 1.0% contraction in quarter on quarter rentals, as the equilibrium between increasing supply and restrained demand widens. Even more sobering is the latest outlook … Continue reading

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Doesn’t Anybody Stay Together Anymore?

The pile foundations for the world’s tallest tower have been completed and soon the structures for the Tower at Dubai Creek Harbour will become visible. Completion date will occur before the start of Dubai Expo in October 2020. After several … Continue reading

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Joker In The Pack

This week, HH Sheikh Mohammad Bin Rashid Al Maktoum launched a mega tourism and leisure project.  MGM Resorts International has been selected by wasl Hospitality and Leisure to develop and operate a “premier destination resort” on a 26 acre integrated … Continue reading

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All The Right Friends

HH Sheikh Mohammed bin Rashid Al Maktoum has laid the foundation stone for the Meydan One mega project, expected to be finished by 2020. The focal points of the project will be the world’s largest dancing water fountain, at 400m … Continue reading

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