Tag Archives: Du

It’s About Change!

It’s About Change                                                                                          23 April 2020 Ramadan Kareem! There was welcome news at the end of the week, with the Dubai authorities easing some of the restrictions as from tomorrow, Friday 24 April. For the first time in three weeks, … Continue reading

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The Party Is Over

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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Those Were The Days

The big story of the week is the proposed Meydan One. Being Dubai, the 3,671k sq mt development will include three world firsts – tallest residential tower (at 711 mt), largest indoor ski slope (three times bigger than the current … Continue reading

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Danger Zone

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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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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What a Wonderful World

The headline of the week was Sheikh Mohammed bin Rashid Al Maktoum’s approval of US$ 1.2 billion worth of projects, the largest of which was the US$ 680 million development of the Madinat Jumeirah resort in Umm Sequim to be … Continue reading

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Right Here Right Now

The triple “Ts” of Travel, Trade and Tourism continue to be the main drivers helping Dubai in its recovery phase since the global meltdown of 2009 which left the emirate in such a parlous state. Despite the record high fuel … Continue reading

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