Tag Archives: DP World

Go Your Own Way!

Posted on December 25, 2020 by howesdubai

Go Your Own Way!                                                                        25 December 2020 For the latest week ending 24 December, real estate and properties transactions were valued at US$ 1.25 billion, including 92 plots selling for US$ 131million, along with 808 apartments/villas for US$ 360 million. … Continue reading →

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Here We Go Again!

Posted on July 31, 2020 by howesdubai

Here We Go Again!                                                                                           30 July 2020 A report by the Dubai Statistics Centre showed that the real estate sector’s Q1 growth was 3.7% higher, year on year, contributing 8.0% to Dubai’s GDP. In 2019, it was … Continue reading →

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Pick Up The Pieces

Posted on February 21, 2020 by howesdubai

Pick Up The Pieces                                                                                         21 February 2020 Having just completed Samia, a 284-unit development in Al Furjan, Azizi Developments has announced that it hopes to finalise a further fourteen of fifty-four ongoing projects prior to the end of the year, … Continue reading →

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Slow An’ Easy

Posted on November 29, 2019 by howesdubai

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 →

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The Party Is Over

Posted on September 20, 2015 by howesdubai

In the latest UBS study, Dubai is ranked a global 4th in two categories – the most expensive cities in the world and most expensive rental for a 3-bedroom apartment. In the former, it is behind Zurich, Geneva and New … Continue reading →

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What We Ain’t Got!

Posted on March 29, 2015 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum launched the 22 million sq ft phase 2 expansion of Dubai Healthcare City which will cost up to US$ 1.36 billion. It will include the Nashami health project as well as retail and … Continue reading →

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The Times They Are A Changin’

Posted on March 21, 2015 by howesdubai

Property developer Nakheel has defended its right to increase villa extension application fees which, in some cases, have risen quite dramatically. Prior to September 2014, the standard tariff ranged from US$ 41 per sq ft in its Jumeirah Village development … Continue reading →

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So This Is Christmas

Posted on December 26, 2014 by howesdubai

With the aim of synchronising and integrating all the emirate’s different public services, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has established the Dubai Open Data Committee. RTA’s Abdulla Al Madani will chair the agency which will include high-powered … Continue reading →

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Danger Zone

Posted on August 7, 2014 by howesdubai

The last week of July saw the Q2 reporting season in full swing with Arabtec, Emirates NBD, Emirates Islamic and Du announcing their latest results. Arabtec – which has dominated the financial press recently for all the wrong reasons – … Continue reading →

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Won’t Get Fooled Again

Posted on March 26, 2014 by howesdubai

This week, HH Sheikh Mohammed bin Rashid al Maktoum approved a US$ 136 million plan to build a 1.4 km bridge from JBR to the upcoming Bluewaters Island, with further access by footbridge and monorail.  The US$ 1.6 billion project, … Continue reading →

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