Increased supply of apartments and villas in Dubai during 2015 could result in a softening of sales prices and rents, according to a new report by Asteco.
Deyaar said that it would spend Dh900 million developing 350 serviced apartments and 219 apartments at The Atria project, a twin-tower scheme in Dubai’s Business Bay area.
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Deyaar Development, the regional real estate company, and Tamweel, the UAE-based Islamic home finance provider, are jointly offering ready units at four Deyaar projects in Business Bay at an optimal flat rate - with no additional fees from either the developer or the finance provider.
When the CEO of a real estate brokerage acquires a full floor in a tower...
The International Air Transport Association (IATA) forecasts a fall in profitability for carriers in the Mena region as capacity expansion outstrips demand while planes are fighting for airspace. The region's carriers are doing well financially with IATA expecting $400 million (Dh1.4 billion) profits this year opposed to losses last year.
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The four projects include the highly anticipated REMRAAM™ residential community in the heart of DUBAILAND®, The Villa phase II, a the popular residential community in DUBAILAND, Bay Avenue at The Executive Towers in Business Bay, a 175,000-square foot retail destination, and the first Beach Club at the iconic Jumeirah Beach Residence. The new projects will compliment an existing DPG real estate portfolio of 16 developments , featuring 7 communities launched in the past 12 months in prime locations across Dubai including The Executive Towers at Business Bay; Shorooq and Ghorrob in Mirdif; Layan, Al Waha and The Villa in DUBAILAND® and Nuzul staff accomodations in Jebel Ali.
Another day of work on Dubai Canal, another picture worth a thousand words. The project that...
Business Bay, the mega-development of Dubai Properties, recorded a growth in the volume of sales transactions by 24% in Q3 2013 compared to the same period in 2012.
More than half of the total upcoming office space between 2013 and 2015 will be delivered in Business Bay, according to a new report.
Daily headlines from the UAE and around the world brought to you by Gulf News. Dubai Canal flyover to be fully open by July.
Two US fast food restaurants brands have announced plans to expand into the UAE. Steak Escape, a 'Philly' cheese-steak sandwich brand, is set to open its first restaurant in the Gulf state in August in Dubai’s Business Bay development. Escape Enterprises, the owner of Steak Escape, has signed a master franchise agreement with HMS Steak (UAE) for the expansion.
DPG's wide range of offerings position the company as a leading real estate master developer that caters to a diversified market. DPG develops, manages and serves communities, destinations and districts in prominent locations such as Jumeirah, Mirdif, Business Bay, and Dubailand, DPG continues to play a pivotal role in leading the real estate sector in Dubai.
A delegation from the Republic of Mauritius visited Dubai Airport Freezone to seek cooperation and assistance with a planned 72 hectares air cargo logistics centre. "Like Dubai, we would like to develop Mauritius into an aviation hub to increase traffic and at the same time put more emphasis on air cargo. There are lots of similarities between Dubai and Mauritius in terms of population and business interests." said Mr. Nanda Narrainen, Assistant Director of International Business Development of the Board of Investment (BOI) of the Republic of Mauritius.
Photo by Gabriel900 More photos: skyscrapercity.com
Dubai Properties has awarded a contract for work on the first phase of its Marasi Business Bay project on Dubai Canal. The company has appointed Finnish company Admares to build 10 "floating" water homes, two...
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Monday launched Dubai Harbour, a new waterfront destination that will feature the MENA region’s largest marina and the Dubai Lighthouse. The mega project will also include...
Dubai-based developer Omniyat Group will announce an AED5 billion ($1.36 billion) project pipeline over 2017-18, including an ultra-luxury hospitality scheme on the new Dubai Water Canal, according to the company’s founder. The new projects will...
The newly-opened Dubai Water Canal project will change how boating is perceived in the UAE, according to the boss of a UAE-based superyacht builder. Erwin Bamps, CEO of Gulf Craft, said Dubai’s latest waterfront development...
Developer Sobha Group has unveiled new land plots for investors within Sobha Hartland, the only fully integrated freehold community on the Dubai Water Canal and in Mohammed Bin Rashid Al Maktoum City. To meet the...