Tag Archives: Emaar

Fog Has Lifted!

Posted on January 15, 2017 by howesdubai

Reidin reports that 2016 Dubai freehold transactions, including both freehold and off-plan, fell by 2.3% over the year to 23.6k, with a value of US$ 9.9 billion – 16.3% lower than in 2015 (US$ 11.8 billion); off-plan sales were down … Continue reading →

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Sittin’ On The Dock Of The Bay

Posted on January 8, 2017 by howesdubai

This week, the Dubai ruler launched the UAE Food Bank project as part of the UAE’s Year of Giving initiative. His wife, Sheikha Hind bint Maktoum bin Juma Al Maktoum, has been appointed chairperson of the board of trustees. Al … Continue reading →

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Days Of Future Passed

Posted on January 2, 2017 by howesdubai

It is expected that KOA’s first mixed-use development will be completed by the end of 2017. The 70-apartment project, located near Mohammed bin Rashid Gardens, will also include a multi-purpose ampitheatre and a gourmet market. With an opening slated for … Continue reading →

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Days Are Numbered!

Posted on December 29, 2016 by howesdubai

HH Sheikh Mohammad Bin Rashid Al Maktoum has approved Dubai’s US$ 12.9 billion 2017 budget which, as expected, sees a marked 27% expansion in infrastructure expenditure, in line with the 2021 Strategic Plan. Consequently, the budget allocation is US$ 272 … Continue reading →

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Congratulations!

Posted on December 12, 2016 by howesdubai

Even though it already houses nine UN Humanitarian Agencies, and over fifty other related international entities, HH Sheikh Mohammed bin Rashid Al Maktoum has ordered further expansion to Dubai’s International Humanitarian City. In these days of socio-political regional tensions, Dubai’s … Continue reading →

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Daydream Believer!

Posted on December 10, 2016 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has approved plans for a Dubai Street Museum that will showcase the history, cultural values and identity of the emirate. Both local and international artists, who will use many of Dubai’s buildings for … Continue reading →

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Down The Wrong Way!

Posted on December 6, 2016 by howesdubai

A case of déjà vu from the good old days before the GFC – with prices starting at US$ 76k, it was no wonder to witness buyers queuing in Dubai South overnight to acquire units in The Pulse cluster’s second … Continue reading →

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Something Going Wrong

Posted on November 20, 2016 by howesdubai

The big local financial story of the week was the launch of the region’s largest e-commerce platform, the US$ 1 billion Noon.com, headed by Emaar chairman, Mohamed Alabbar. Saudi’s Public Investment Fund will finance 50% of the project whilst several … Continue reading →

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If It Be Your Will

Posted on November 16, 2016 by howesdubai

Realising a dream of his father, HH Sheikh Rashid bin Saeed, his son inaugurated the Dubai Canal on Wednesday. Following the second phase of the US$ 1 billion, 12 km waterway, the canal connects Dubai Creek with the Arabian Gulf. … Continue reading →

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Turn, Turn, Turn!

Posted on November 13, 2016 by howesdubai

On Wednesday, HH Sheikh Mohammed bin Rashid Al Maktoum opened a satellite manufacturing facility at Dubai’s MBR Space Centre. He also approved the final designs for the country’s Mars Hope probe, slated for launch in 2020, as well as installing … Continue reading →

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