Tag Archives: UAE

Bite The Hand That Feeds You!

Posted on October 11, 2024 by howesdubai

Bite The Hand That Feeds You.                                                 11 October 2024 September’s ValuStrat Price Index posted that Dubai apartment and villa prices have risen at an annual rate of 24.8% and 33.1%. Its September index improved by 2.1% on the month, (compared … Continue reading →

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Masters of War

Posted on September 28, 2024 by howesdubai

Masters of War                                                           27 September 2024 Nakheel, part of Dubai Holding Real Estate, has awarded a US$ 470 million contract, to Alec by Nakheel, to construct its seventy-five-storey Como Residences on Palm Jumeirah.  This luxury development will only have a … Continue reading →

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Are We There Yet?

Posted on June 14, 2024 by howesdubai

Are We There Yet?                                                                             14 June 2024 Majid Al Futtaim has unveiled plans for a massive new residential project, including 1 B/R, 2 B/R and 3 B/R apartments, as well as duplex penthouses, spread across five to six floors. … Continue reading →

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Back Home Again

Posted on March 16, 2019 by howesdubai

HH Sheikh Mohammed bin Rashid Al Maktoum has approved a US$ 8.7 billion nationwide project for the construction of 34k housing units for Emiratis over the next five years. He has also ordered that the value of the salary ceiling … Continue reading →

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Look Away

Posted on October 1, 2018 by howesdubai

Ithra 13 is to launch a major upgrade in Dubai’s historic gold and jewellery business location, the Deira Gold Souq. Situated between the existing Gold Souq and the Creek’ “District 13” will be a major project for Deira, part of … Continue reading →

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End Of May

Posted on September 29, 2018 by howesdubai

In a move to tap into the ever-growing Chinese market, Falcon City of Wonders has launched a new villa development – Eastern Residence will be a gated community of 680 LEED Gold certified villas, with starting prices at US$ 845k. … Continue reading →

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Cruel Summer

Posted on September 17, 2018 by howesdubai

A week after winning a Damac US$ 140 million contract to build tower 3 in its Aykon City development, China State Construction Engineering Corporation has snared another bigger deal, totalling US$ 351 million, awarded by Emaar. The project is to … Continue reading →

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God Only Knows

Posted on September 16, 2018 by howesdubai

China State Construction Engineering Corporation has been awarded a US$ 140 million Damac Properties contract to build tower C of Aykon City, part of the developer’s US$ 2.0 billion project overlooking the Dubai Canal. CSCEC also won the contact for … Continue reading →

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Slippin’ and Slidin’

Posted on September 4, 2018 by howesdubai

Anybody with US$ 22 million to spare can become the proud owner of Lebanon, a 420k sq ft island, located in Nakheel’s The World Islands. This comes complete with chalets, a swimming pool, two beaches and a restaurant. Currently owned … Continue reading →

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Respect

Posted on August 28, 2018 by howesdubai

There is very little local financial news this week because of the Eid Al Adha celebrations. Most government offices have been closed all week, as banks and the Dubai Financial Market opened only on Sunday to then shut down for … Continue reading →

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