Tag Archives: DFM

Slow An' Easy

Slow an’ Easy                                                                                             28 November 2019 Signs that the property slump may have bottomed out, after four years, continue with the average monthly loss, in capital values, falling 0.8%, compared to the average 1.0% decline so far this year. … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Back Home Again

HH Sheikh Mohammed bin Rashid Al Maktoum has approved a US$ 8.7 billion nationwide project for the construction of 34k housing units for Emiratis over the next five years. He has also ordered that the value of the salary ceiling … Continue reading

Posted in Finance | Tagged , , , , , , , , | Leave a comment

Look Away

Ithra 13 is to launch a major upgrade in Dubai’s historic gold and jewellery business location, the Deira Gold Souq. Situated between the existing Gold Souq and the Creek’ “District 13” will be a major project for Deira, part of … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , | Leave a comment

End Of May

In a move to tap into the ever-growing Chinese market, Falcon City of Wonders has launched a new villa development – Eastern Residence will be a gated community of 680 LEED Gold certified villas, with starting prices at US$ 845k. … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , | Leave a comment

Cruel Summer

A week after winning a Damac US$ 140 million contract to build tower 3 in its Aykon City development, China State Construction Engineering Corporation has snared another bigger deal, totalling US$ 351 million, awarded by Emaar. The project is to … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , | Leave a comment

God Only Knows

China State Construction Engineering Corporation has been awarded a US$ 140 million Damac Properties contract to build tower C of Aykon City, part of the developer’s US$ 2.0 billion project overlooking the Dubai Canal. CSCEC also won the contact for … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , | Leave a comment

Slippin’ and Slidin’

Anybody with US$ 22 million to spare can become the proud owner of Lebanon, a 420k sq ft island, located in Nakheel’s The World Islands. This comes complete with chalets, a swimming pool, two beaches and a restaurant. Currently owned … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , | Leave a comment