Tag Archives: Emaar

No Good For You!

Nakheel has announced its latest development for Deira Islands – a JV with Centara Hotels & Resorts for a 550-key resort, complete with a waterpark. This would bring the Dubai developer’s room portfolio on the man-made location to 1.8k whilst … Continue reading

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A Change Is Gonna Come!

The big retail battle between Apple and Samsung is on in Dubai. This week, Samsung completed a major overhaul and expansion of its 9.2k sq ft flagship store in Dubai Mall ensuring that it was the electronics company’s largest global … Continue reading

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Don’t Let Me Be Understood!

If you thought that Dubai had enough shopping malls, think again! Nakheel has awarded contracts, totalling US$ 627 million, for three retail projects – Deira Islands Night Souk (US$ 319 million), Warsan Souk (US$ 211 million) and The Circle Mall … Continue reading

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Fast Car

Civil Engineering and Contracting has already started work on The Rosemont Hotel & Residences, located in Tecom. The 47-storey twin tower project will not only have 450 hotel rooms and 280-serviced apartments but will also boast an artificial beach and a … Continue reading

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Something In The Air

HH Sheikh Mohammed bin Rashid Al Maktoum has announced his global foundation – a programme that aims to consolidate 28 organisations and coordinate 1.4k development projects in 116 countries. With an initial US$ 272 million budget, its immediate targets are to … Continue reading

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When All Is Said And Done

The Dubai Corporation for Tourism and Commerce Marketing reported a 9.3% increase in overnight visitors – to 8.2 million – for the first seven months of 2015. Although Dubai’s hotel occupancy level has been flat, at under 80%, it remains … Continue reading

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The Writing’s On The Wall!

There was sad news at the beginning of the week, with the announcement of the death of Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, the eldest son of the Dubai Ruler, HH Sheikh Mohammed. He died on Saturday, at … 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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Forever Blowing Bubbles!

There is one major problem with Dubai’s most expensive penthouse at US$ 49.3 million – it has yet to be built! However, a contract will soon be awarded by the developer, Omniyat, to build the One at Palm Jumeirah. With … Continue reading

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Both Sides Now

ValuStrat’s latest report shows an 11% drop in Q2 Dubai residential property prices, but only a 3% drop in rentals, compared to a year earlier. The research firm also indicated that 26.1k apartments and 2.4k villas will be added this … Continue reading

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