Tag Archives: Emaar

Gone Fishin’

Posted on April 10, 2018 by howesdubai

Launched by Minor Hotels seven years ago, AVANI Hotels & Resorts has announced the signing of its third Dubai property – AVANI Hotel Suites & Branded Residences, a 48-storey tower, due to open in 2020. It will comprise 527 units, … Continue reading →

Posted in Finance | Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE | Leave a comment

When Irish Eyes Are Smiling!

Posted on April 4, 2018 by howesdubai

In a bid to “shape the UAE’s ever-evolving skyline”, Aldar and Emaar have established a US$ 30 billion JV to target a range of local and international projects, with the initial focus on two developments – Emaar Beachfront in Dubai … Continue reading →

Up Against The Wall!

Posted on April 2, 2018 by howesdubai

To help finance its recently unveiled US$ 365 million Dorchester Collection project at Dubai Water Canal in Business Bay, Omniyat has signed a US$ 136 million loan facility contract with Ajman Bank. Similar agreements with the iconic London hotel brand … Continue reading →

It Ain’t Right!

Posted on March 12, 2018 by howesdubai

Arabtec Holding has been awarded a US$ 116 million Damac contract to build 916 villas at the developer’s massive Akoya Oxygen project. Covering phase 6 of the development, work on the 148k sq mt site will be completed by the … Continue reading →

The Winner Takes It All

Posted on March 10, 2018 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum announced this week that all federal government fees will not be increased for the next three years. According to his Twitter account, he commented that “we decided not to increase the federal fees … Continue reading →

Keep The Customer Satisfied!

Posted on March 4, 2018 by howesdubai

There were reports that there could be changes, relating to the sale of future off-plan projects which could be beneficial for the consumer. A possible proposal was that off-plan projects would need to achieve 50% completion, prior to any sales … Continue reading →

Nkosi Sikeleli Africa!

Posted on February 24, 2018 by howesdubai

This week saw the RTA trial the world’s first autonomous pods, in cooperation with Next Future Transportation. Weighing 1.5k kg and carrying up to ten passengers, each pod can travel at 20 kph and can operate for three hours before … Continue reading →

Sailing!

Posted on February 12, 2018 by howesdubai

Another global brand is set to enter the emirate’s hotel sector as Omniyat announce the launch of a 5-star hotel and luxury residences managed by Dorchester Collection. This will be the first of several regional projects planned between the two … Continue reading →

Posted in Finance | Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, UAE | Leave a comment

You’ve Got Your Troubles

Posted on February 8, 2018 by howesdubai

According to recent data from Dubai Land Development the property market is on the rebound, as H1 transactions were 16.8% higher at US$ 36.0 billion compared to H1 2016. With increased government spending and the upcoming Expo, the sector will … Continue reading →

American Dream

Posted on January 28, 2018 by howesdubai

Following recent bleakish reports by several consultancies on the state of Dubai’s realty sector in 2018, it is refreshing to read that at least one, PropertyFinder, indicating that it is not all doom and gloom. Whilst conceding that 2017 prices … Continue reading →

Posted in Finance | Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, Nakheel, UAE | Leave a comment