Tag Archives: Deyaar

Both Sides Now

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

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

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

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?

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

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

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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