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Categories
Meta
Tag Archives: Brexit
Found Shelter From The Storm
Found Shelter From The Storm 10 December 2020 Because of an oversupply in the Dubai market, Emaar Properties announced the halting of all new projects. For the past six years, the sector has laboured through a construction boom, that has … Continue reading
Staircase To Heaven
Staircase To Heaven 11 June 2020 Dubai developer Croesus Holdings has been locked out of two of their completed low-rise projects, valued at US$ 27 million, in Majan, by Dubai Walls Contracting over a dispute relating to costs. Apparently, this … Continue reading
Posted in Categorized
Tagged Brexit, CBD, Covid-19, CPTPP, DSI, Emirates, Global Stock Markets, IATA, Meraas, UK High Street
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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 Aramaco, Autonomy, Boeing, Brexit, Careem, debt, dnata, Dubai property, RTA, school fees, uber, Wow Air
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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
Where Have All The Flowers Gone – When Will They Ever Learn?
It is reported that what would have been the world’s largest hospitality and leisure development in 2007 could be revived. The US$ 27.2 billion Bawadi, a JV between Dubai Holding and Emaar Properties, was shelved as a result of the … Continue reading
The Great Pretender!
Reidin’s latest report shows marginal May increases for both Dubai apartment and villa prices – but 5.2% and 6.0% down year on year. Meanwhile rents for both apartments (3.0%) and villas (6.4%) fell over the year whilst May saw a … Continue reading
Posted in Finance
Tagged Arabtec, Brexit, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, tony blair, UAE
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Mr Know It All!
HH Sheikh Mohammed bin Rashid Al Maktoum has approved the 2030 Dubai Industrial Strategy, with the aim of generating a further US$ 44 billion to the emirate’s GDP. Its focus will be on six sectors – aerospace, aluminum, equipment, food … Continue reading
Posted in Finance
Tagged Arabtec, Brexit, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
1 Comment
Rockin’ All Over The World!
Having launched its Living Legends project in Dubailand in 2006, Saudi developer, Tanmiyat, has announced that 184 villas and the first of 12 proposed tower blocks have been handed over – six years behind schedule. A second phase, in the … Continue reading
Time To Say Goodbye
Although there are still pundits who forecast that residential prices will continue to fall, basic economic laws dictate otherwise. Over the past 18 months, it is estimated that 23k units have been handed over, including 5.5k in H1; supply is … Continue reading
Posted in Finance
Tagged Arabtec, Brexit, 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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Throw It All Away!
JLL reported that house prices have fallen 10% over the past 12 months but indicate that the market may now be returning into positive territory. Over the past quarter, rents for apartments dropped by 3%, whilst villas have remained flat … Continue reading
Posted in Finance
Tagged Arabtec, Brexit, 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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