Tag Archives: Emaar

Slippin’ and Slidin’

Anybody with US$ 22 million to spare can become the proud owner of Lebanon, a 420k sq ft island, located in Nakheel’s The World Islands. This comes complete with chalets, a swimming pool, two beaches and a restaurant. Currently owned … Continue reading

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Respect

There is very little local financial news this week because of the Eid Al Adha celebrations. Most government offices have been closed all week, as banks and the Dubai Financial Market opened only on Sunday to then shut down for … Continue reading

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Only a Pawn In Their Game

The Radisson Hotel Group has signed an agreement to manage the luxury hotel currently under construction in the DAMAC Hills Development. The 481-key luxury property, which includes 1-2 B/R suites, will be completed by the end of 2019. The international … Continue reading

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The Land Down Under

Last year, Schon Properties reportedly started work on its US$ 870 million iSuites project in Dubai Investments Park which would comprise 2.6k hotel apartment suites, 52 restaurants, outdoor cafes and a 125k sq ft mall; to cap it all off, … Continue reading

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Everybody’s Talkin’

Chestertons latest report indicates that in Q2, there were quarter on quarter declines in both overall rental rates for apartments and villas by 4% and 2% respectively, with sale prices down by 1% and flat. The main driver behind the … Continue reading

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We’re Heading For a Train Wreck!

A Cavendish Maxwell report serves to confirm that rent declines will continue for the rest of the year, as new stock will add to Dubai’s property portfolio of some 500k residential units. It estimates that in H1, 7k units have … Continue reading

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Football’s Coming Home!

There has been a 20.1% H1 decline, to 9.4k units, in the number of Dubai off-plan sales transactions (with values 28.0% lower at US$ 3.3 billion), despite a June boost when 2k units were sold. The two top performing locations … Continue reading

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White Flag

There seems to be no stopping Azizi Developments, as it announces that it will deliver five additional projects in the Al Furjan community by the end of this year – having already handed over twelve projects. The extra five – … Continue reading

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Whatever It Takes!

Revolution Precrafted has signed an agreement with Bahrain’s Property One Investment Company to supply five hundred modular “eco-villas” for its development on The World Islands. It is estimated that the 4-B/R villas, measuring up to 200 sq mt, will have … Continue reading

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Peace Will Come According To Plan

With three projects – Binghatti Crystals, Binghatti Vista and Binghatti Jewels – due for completion this month and a further three (Binghatti East and West, Binghatti Sapphires and Binghatti Stars), ready by year end, the developer will have completed a credible … Continue reading

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