Tag Archives: JAFZA

This Time Around

Yet again there is talk of returning the QE2 to its former glory – this time as the focal point of the new Port Rashid Marina. As part of Dubai’s 2021 plan, DP World will develop the location specifically for … Continue reading

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Both Sides Now

ValuStrat’s latest report shows an 11% drop in Q2 Dubai residential property prices, but only a 3% drop in rentals, compared to a year earlier. The research firm also indicated that 26.1k apartments and 2.4k villas will be added this … Continue reading

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The Times They Are A Changin’

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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Get Lucky!

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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Another Brick In The Wall

This week, HH Sheikh Mohammed bin Rashid Al Maktoum launched the Dubai Plan 2021 – a detailed roadmap outlining the emirate’s development over the next seven years. The six themes on the strategic agenda include: ·        a city of happy, creative … Continue reading

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Both Sides The Tweed

It has been yet another busy week for HH Sheikh Mohammed bin Rashid Al Maktoum as he has reviewed and given his seal of approval to several projects, the largest of which was a for Royal Atlantis Resort on Palm … Continue reading

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Do You Wanna Know A Secret?

You cannot keep Arabtec out of the news! The Dubai-based builder, with strong Abu Dhabi-backing, is planning to establish five new subsidiaries, four of which will concentrate on new infrastructure and utility projects within the region and further afield whilst … Continue reading

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