Tag Archives: Emaar

The Times They Are A Changin’

Posted on March 21, 2015 by howesdubai

Property developer Nakheel has defended its right to increase villa extension application fees which, in some cases, have risen quite dramatically. Prior to September 2014, the standard tariff ranged from US$ 41 per sq ft in its Jumeirah Village development … Continue reading →

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Shake It Off

Posted on March 18, 2015 by howesdubai

Although Abu Dhabi recorded a 14.7% 2014 growth in the luxury residential property sector, Dubai only managed a marginal 0.3% price increase, compared to 17.0% the previous year. The Knight Frank’s Prime International Residential Index had Muscat, at 13.2%, the … Continue reading →

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Leaving On A Jet Plane

Posted on March 10, 2015 by howesdubai

The Investment Corporation of Dubai is teaming up with Canadian asset manager, Brookfield, to build a US$ 1 billion 50-storey tower next to the DIFC. ICD Brookfield Place, comprising a hotel, offices and retail outlets, will be ready in 2018. … Continue reading →

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Don’t Call Me!

Posted on March 3, 2015 by howesdubai

It seems that Dubai will see its first rainforest, as plans are afoot by Damac Properties to incorporate one in its latest development – Akoya Oxygen, encompassing 55 million sq ft. The developer will try and replicate the eco-system in … Continue reading →

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One Vision

Posted on February 27, 2015 by howesdubai

This week, HH Sheikh Mohammed bin Rashid Al Maktoum launched three new wasl projects including Zabeel Park 1 which, apart from being a mixed-use development, will also have a year-round snow fountain, as well as the feature main tower in … Continue reading →

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Take The Money And Run!

Posted on February 16, 2015 by howesdubai

With the 2k-seat Dubai Opera slated for completion by 2016, Emaar have wasted no time in appointing the ex-COO of London’s Royal Albert Hall, Jasper Hope, to head up the venture. Located in Downtown, the Opera District development promises to … Continue reading →

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I Won’t Back Down

Posted on February 12, 2015 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum announced plans to transform the Dubai Creek area, with the aim to raise public awareness of Dubai’s tradition, history and culture. Covering an area of 1.5 sq km, the renovation work will concentrate … Continue reading →

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Forever and Ever

Posted on January 31, 2015 by howesdubai

Greece hit the international headlines this week with news of the death of one of its main exports, Demis Roussos, and locally that Greece was one of more than 150 Dubai projects cancelled, according to the Dubai Courts website. The … Continue reading →

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Don’t Give Up On Us Now

Posted on January 24, 2015 by howesdubai

A report by Phidar Advisory has indicated that Dubai residential sales headed south in Q4, with apartments falling 3.6% and villa sales by 1.7%;  although apartment rentals showed a marginal 0.4% increase, villas fell by 3.1%. Office lease rates remained … Continue reading →

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Get Lucky!

Posted on January 18, 2015 by howesdubai

At long last, agreement has been reached between Dubai World and a substantial majority (more than the 67% required) of its creditors concerning the restructuring of a US$ 14.6 billion 2011 debt deal. In short, the creditors will receive an … Continue reading →

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