Tag Archives: emirates airline

Stuck In A Moment You Can’t Get Out Of

Asteco’s latest report points to declines of 7.0%, on an annual basis, and 2.0%, in Q2, in apartment prices. Rentals nosedived in certain locations, most notably in Business Bay, Downtown, Deira and International City, where falls have ranged between 11%-14% … Continue reading

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Harder, Better, Faster

In line with recent similar industry reports, JLL has also concluded that the Dubai property downturn has probably bottomed out and, that after a subdued Q2 (with little change in rentals and sales prices), positivity could return in H2. The … Continue reading

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Where Did We Go Wrong?

Propertyfinder has signalled that the three year realty slump may have come to an end, following an 18 month fall in median sales prices of 20% (and rental falls of 21%), up to April 2017. The consultancy estimates that with … Continue reading

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Bend Me, Shape Me (Anyway You Want Me)

Dubai has come up with another global first – this time a collective-endowment park, established by the Mohammed Bin Rashid Global Centre for Endowment Consultancy and Dubai Municipality. Located in Mushrif Park, it will include a not-for-profit date-packing factory that … Continue reading

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The Ground Beneath Her Feet!

According to the latest Global Capital Partners-Reidin study, off-plan sales surged 58.2% to 7.2k for the first five months of 2017. The three more popular locations were Dubai South up 613.5% to 528 units, JVC (169.8% to 342) and Dubai … Continue reading

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Dark Side Of The Moon

In the spirit of giving during the holy month of Ramadan, Damac Properties will give buyers of their latest launch – Aurum Villas – 1 kg of gold, valued in the region of US$ 41k. Located within an international golf … Continue reading

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Orange Juice Blues

HH Sheikh Mohammed bin Rashid Al Maktoum toured the site of The Tower at Dubai Creek Harbour  which, when completed in 2020, will dwarf the Burj Khalifa by 100 mt. Already the foundation work has been completed, whilst the anchorages … Continue reading

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On A Slow Boat To China

Dubai Civil Engineering broke ground this week on Schön Properties’ US$ 870 million iSuites project in Dubai Investments Park. The massive development, slated for completion by 2020, will include 2.3k hotel apartments, 125k sq ft retail space, 52 restaurants/cafes, along with … Continue reading

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Father and Son

This week HH Sheikh Mohammed bin Rashid Al Maktoum launched the ambitious Marsa Al Arab, to be developed by Dubai Holding. The project will have two islands, one of which, located to the left of the Burj Al Arab, will … Continue reading

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9 to 5

The RTA is set to spend US$ 102 million on road and tunnel infrastructure in and around the upcoming Jewel of the Creek project in Dubai. Set to be completed within two years, the 124k sq mt development will house … Continue reading

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