Tag Archives: Emaar

Doesn’t Anybody Stay Together Anymore?

Posted on April 2, 2017 by howesdubai

The pile foundations for the world’s tallest tower have been completed and soon the structures for the Tower at Dubai Creek Harbour will become visible. Completion date will occur before the start of Dubai Expo in October 2020. After several … Continue reading →

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Joker In The Pack

Posted on April 1, 2017 by howesdubai

This week, HH Sheikh Mohammad Bin Rashid Al Maktoum launched a mega tourism and leisure project.  MGM Resorts International has been selected by wasl Hospitality and Leisure to develop and operate a “premier destination resort” on a 26 acre integrated … Continue reading →

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All The Right Friends

Posted on March 26, 2017 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has laid the foundation stone for the Meydan One mega project, expected to be finished by 2020. The focal points of the project will be the world’s largest dancing water fountain, at 400m … Continue reading →

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Big Yellow Taxi

Posted on March 15, 2017 by howesdubai

Work has started on an Al Futtaim 78.5k sq mt “smart mall”, part of phase 1 of the upcoming Wasl Gate development, located near the Ibn Battuta Mall.  With a 55k sq mt leasable space, it will have 100 outlets, … Continue reading →

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Get Off My Cloud!

Posted on March 12, 2017 by howesdubai

It was announced that 180 luxury apartments in the second phase of sales of units in Al Habtoor City have already been sold, with prices for 1-bedroom units starting at US$ 518k. Handover for units – that range from 1 … Continue reading →

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Spirit In The Sky!

Posted on March 8, 2017 by howesdubai

The latest Asteco report indicates that this year 31.5k apartments and 12.5k villas are scheduled for delivery, compared to actual 2016 completions of 8.8k and 5k. That being the case, there could be a further softening of the market; however, … Continue reading →

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Mama Weer All Crazee Now!

Posted on February 12, 2017 by howesdubai

Dubai Properties has awarded a US$ 272 million contract to Dubai Contracting Company for the construction of 1/JBR – a 46-storey luxury tower; the development will include 161 2-4 bedroom apartments, along with several 5-bedrooom penthouses, with the average price … Continue reading →

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Hazy Shade of Winter!

Posted on February 5, 2017 by howesdubai

Early 2017 property reports seem to have different findings. JLL estimate that only 15k units were handed over last year and this was the highest annual number in five years. ValuStrat put this number even lower at 11k which was … Continue reading →

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Bed of Roses

Posted on January 29, 2017 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has approved a 300k sq ft expansion to triple the size of Dubai’s International Humanitarian City. This is in the wake of a marked increase in the global demand for emergency aid, as … Continue reading →

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Fool On The Hill

Posted on January 22, 2017 by howesdubai

The total realty transactions of 60.6k, as reported by the Dubai Land Department, topped US$ 70. 6 billion last year – slightly down compared to 2015’s 63.7k valued at US$ 72.7 billion. The government agency expects further sustainable growth this … Continue reading →

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