Tag Archives: Emaar

Oh I Do Like To Be Beside The Seaside!

Posted on October 30, 2016 by howesdubai

HH President Sheikh Khalifa bin Zayed al Nahyan has issued the long-awaited decree on bankruptcy – federal law number 9 of 2016; there were no details of when the legislation would come into force. The law, covering company restructuring for the … Continue reading →

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Mr Tambourine Man!

Posted on October 24, 2016 by howesdubai

Yet another property report and this time slightly more bearish as Phidar Advisory indicate that, because of slow demand growth, prices and rents could continue to decline for the next 12 months. The study estimates that in Q3, apartment rentals … Continue reading →

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Mysterious Ways!

Posted on October 19, 2016 by howesdubai

On Monday, HH Sheikh Mohammed bin Rashid Al Maktoum launched construction work on The Tower at Dubai Creek. The 928 mt observation tower will be located at the heart of Dubai Creek Harbour and is expected to be ready in … Continue reading →

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Eve Of Destruction!

Posted on October 12, 2016 by howesdubai

The RTA confirmed that the US$ 545 million Dubai Water Canal will officially open on schedule next month. Final touches, including refilling the canal with seawater, along with completing the walkways and pedestrian bridges, are being made. There are also … Continue reading →

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Should Have Known Better!

Posted on October 4, 2016 by howesdubai

A decree by HH Sheikh Mohammed bin Rashid Al Maktoum has seen the formation of the board of the Emirates Global Centre for Accreditation. This is part of the government’s strategy to ensure Dubai’s position as an important driver in … Continue reading →

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Can’t Get Enough!

Posted on September 27, 2016 by howesdubai

Being Dubai, it was no surprise to see two property reports, with different conclusions, this week. Knights Frank had a slightly positive summary that the sector is heading for a soft landing, with prices remaining flat in Q4 followed by … Continue reading →

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Where Did It All Go Wrong?

Posted on September 18, 2016 by howesdubai

Aurecon, the appointed engineer and architect for The Tower at Dubai Creek Harbour, has awarded the wind-engineering consultancy to London-based MT Fluid Mechanics. On completion, the US$ 1 billion Emaar structure will be at least 100 mt higher than its … Continue reading →

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Livin’ On The Edge!

Posted on September 11, 2016 by howesdubai

Latest Dubai Land Department data show that for the first 8 months of the year, there have been 38.8k sales, mortgages and other transactions, totalling US$ 43.0 billion, with 15.5k dealings, worth US$ 16.5 billion, over the past three months. … Continue reading →

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Bridge Over Troubled Water

Posted on September 4, 2016 by howesdubai

With developers keeping a firm grip on the supply of residential units (this year only 35% of expected new property will be released into the market), it is surprising to read many property-related reports full of doom and gloom. Core … Continue reading →

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A Night At The Opera

Posted on August 31, 2016 by howesdubai

Dubai’s construction boom is being fuelled by Expo 2020, increased tourist numbers and the fact that the population is set to grow by 38.2%, to 3.4 million, over the next four years. A recent BNC report estimated that there are … Continue reading →

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