Tag Archives: Nakheel

Rock The Boat

Posted on January 7, 2014 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum issued a decree allowing rental increase of up to 20% dependent on circumstances. Rent hikes can come into play, once the rent being charged is 11% below the official RERA guidelines, with incremental … Continue reading →

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It’s All Over Now

Posted on December 20, 2013 by howesdubai

Damac Properties were quick out of the blocks as they announced the launch of their 270-unit Tenora Tower, adjacent to the Expo site near to Dubai World Central. Prices will start from US$ 166k and should be completed within eighteen … Continue reading →

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Nobody Does It Better

Posted on December 16, 2013 by howesdubai

Early signs of the positive impact of Dubai Expo 2020 were evident this week. Marriott International announced plans to increase its number of rooms, over the next six years, to 10k from its current portfolio of 2.7k. Emaar Properties have … Continue reading →

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All Together Now

Posted on December 12, 2013 by howesdubai

Amazingly, there were ten thousand applicants for the first viewing of Dubai Hills – a luxury development with villa prices reportedly starting at US$ 8.2 million! Emaar have selected just seventy to attend the first viewing on 08 December at … Continue reading →

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Dancin’ In The Streets

Posted on December 3, 2013 by howesdubai

The week ended with the inevitable announcement that Dubai would become the first city in the MENA region to host a World Expo. The news will add further impetus to an economy that is already beginning to outshine most others … Continue reading →

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Little Arrows

Posted on November 21, 2013 by howesdubai

After a relatively quiet month by their standards, Emaar Properties are once again in the news – this time launching the Rosa collection of 144 villas in Arabian Ranches. No doubt there will be much activity on Saturday – in … Continue reading →

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The Lonely Bull (El Solo Torro)

Posted on November 4, 2013 by howesdubai

Following their impressive Q3 financial results last week, Emaar Properties has announced a US$ 3 billion Iraqi project in Erbil, Kurdistan. Comprising 15k residences, three 5-star hotels, 715k sq mt of office space and a shopping mall, the development will … Continue reading →

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Hold On

Posted on October 21, 2013 by howesdubai

A raft of property projects was announced at last week’s Cityscape including Crystal Lagoons building the world’s largest man-made lagoon (40 ha), in the new Mohammed bin Rashid City, featuring beaches and waters similar to the Caribbean (at more than … Continue reading →

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Start Me Up

Posted on October 17, 2013 by howesdubai

This week saw the inevitable raft of new projects being announced that always coincides with Cityscape. Probably the most surprising property news of the week was Nakheel’s plan to restart work on the much delayed Palm Deira (now to be … Continue reading →

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Here We Go Round The Mulberry Bush

Posted on October 8, 2013 by howesdubai

The latest industry market report indicates that property prices continue to surge – up 42% over the past year. The usual factors driving prices are in evidence – political stability, buoyant local economy, growing demand, 2020 Expo etc. However such … Continue reading →

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