Tag Archives: Deyaar

Both Sides Now

Posted on September 7, 2015 by howesdubai

ValuStrat’s latest report shows an 11% drop in Q2 Dubai residential property prices, but only a 3% drop in rentals, compared to a year earlier. The research firm also indicated that 26.1k apartments and 2.4k villas will be added this … Continue reading →

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Desert Rose

Posted on May 28, 2014 by howesdubai

The Ruler launched the World Free Zones Organisation, attended by representatives from fourteen global free zones. The new body, with Dr Mohammed Al Zarooni as its first chairperson, will have its HQ in Dubai and will be open to any … Continue reading →

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The Show Must Go On

Posted on March 5, 2014 by howesdubai

On Sunday, Nakheel paid off more than a third of a loan that was not due for repayment until September 2015. The US$ 640 million early settlement is an indicator that the developer has recovered from its enforced August 2011 … Continue reading →

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Up, Up and Away

Posted on February 25, 2014 by howesdubai

Emaar released their 2013 results this week with a 21.3% jump in profits to US$ 698 million on a 25.2% rise in revenue to US$ 2.81 billion, of which its retail and hospitality sector accounted for 46%. The developer sold … Continue reading →

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Isn’t It Ironic, Don’t You Think?

Posted on January 20, 2014 by howesdubai

With Jaguar Land Rover, Volkswagen and Rolls Royce announcing impressive regional 2013 growth of 46%, 30% and 17% respectively, there is no doubt that the Dubai motor trade is progressing well. Although final  figures for last year have yet to … Continue reading →

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Against The Wind

Posted on June 16, 2013 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum is to develop a one-stop, full-service, commercial hub to accommodate the emirate’s rapidly developing fashion and design business. TECOM, a subsidiary of Dubai Holding, will operate the Dubai Design District and invest US$ … Continue reading →

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Tell Me When

Posted on May 5, 2013 by howesdubai

Latest figures coming out of Dubai Land Department show that Q1 residential transactions reached US$ 1.28 billion – a 51.6% hike on corresponding 2012 returns. The total number of realty transactions was even more impressive with 14,260 transactions amounting to … Continue reading →

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Out of Time

Posted on April 7, 2013 by howesdubai

With Easter fast approaching, the local hospitality industry is bracing itself for another busy period. Apart from the influx of tourists, another sector is becoming an increasingly important driver in filling Dubai’s growing number of hotels and that is the … Continue reading →

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Even The Bad Times Are Good

Posted on October 31, 2012 by howesdubai

Whilst  most of the world seems to be sinking into an economic abyss, Dubai continues to confound its critics with an economy which is heading north in the other direction. With the Eid holidays upon us, Dubai will see shopping … Continue reading →

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