Tag Archives: Emaar

Here’s To The Good Times!

With the launch of three projects, it was a week of “1s” – One at Palm Jumeirah, One Central and 1/JBR. The developer, Omniyat, has appointed Brookfield Multiplex as the main contractor for the US$ 544 million One at Palm … Continue reading

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We Are Family

Fast becoming known as an extreme sports location, there are reports that the emirate will soon see a 325 mt base-jump tower. At its lower levels, the building will house an activity plaza, catering for family actions. The mid-levels will … Continue reading

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This Time Around

Yet again there is talk of returning the QE2 to its former glory – this time as the focal point of the new Port Rashid Marina. As part of Dubai’s 2021 plan, DP World will develop the location specifically for … Continue reading

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The Wrong Direction!

On Tuesday, HH Sheikh Mohammed bin Rashid Al Maktoum launched the ambitious Dubai Wholesale City, located close to the new Al Maktoum International Airport. The emirate’s ruler wants to tap into the burgeoning global wholesale trade sector, said to be … Continue reading

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Leave Us Alone!

Although most of the sector’s players have predicted a dismal 2016 for Dubai’s real estate market, official figures paint a brighter picture. The Dubai Land Department reported that, by 22 February, YTD transactions have totalled US$ 18.7 billion, with a … Continue reading

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Money’s Too Tight To Mention

The RTA expects to make a surplus this year, from a 14.5% hike in revenue to US$ 2.04 billion, less total budgeted expenditure of US$ 1.92 billion. The authority has also reconfirmed that the much-vaunted Dubai Canal project will be … Continue reading

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So Happy Together!

HH Sheikh Mohammed Bin Rashid Al Maktoum has approved a new tower – “comparable in greatness and in height” to the Burj Khalifa – for the 6 sq km Dubai Creek Harbour project. No further details were forthcoming from the … Continue reading

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The Name Of The Game

With HH The UAE President Sheikh Khalifa declaring 2016 as the year of reading, it is apt to see HH Sheikh Mohammed bin Rashid Al Maktoum announce a US$ 272 million library which will include 2 million e-books, 1.5 million … Continue reading

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Fields Of Gold

The number of overnight visitors to Dubai jumped 7.5% to 14.2 million last year – almost twice the rate the United Nations World Travel Organisation had forecast earlier. India (with 1.60 million tourists) finally overtook Saudi’s 1.54 million visitors, to … Continue reading

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Life In The Fast Lane

Last week, a report indicated that 2015 property sales for both Abu Dhabi and Dubai amounted to just 8k, whilst a new study this week points to 18.6k units. Phidar Advisory also reported that villa and apartment 2015 sales were … Continue reading

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