Tags » Dfm

In The Summertime

Chestertons reported a marked improvement in the local realty sector, with off plan sales up 45%, an overall Q1 transactional activity higher by 25% and a 4% hike in the number of transactions for ready property. 2,619 more words

Finance

Only Fools Rush In

The latest CBRE report paints a dismal picture of the Dubai housing market with a Q1 1.0% contraction in quarter on quarter rentals, as the equilibrium between increasing supply and restrained demand widens. 2,517 more words

Finance

Doesn’t Anybody Stay Together Anymore?

The pile foundations for the world’s tallest tower have been completed and soon the structures for the Tower at Dubai Creek Harbour will become visible. Completion date will occur before the start of Dubai Expo in October 2020. 1,477 more words

Finance

Joker In The Pack

This week, HH Sheikh Mohammad Bin Rashid Al Maktoum launched a mega tourism and leisure project.  MGM Resorts International has been selected by wasl Hospitality and Leisure to develop and operate a “premier destination resort” on a 26 acre integrated island, close to Burj Al Arab. 2,326 more words

Finance

All The Right Friends

HH Sheikh Mohammed bin Rashid Al Maktoum has laid the foundation stone for the Meydan One mega project, expected to be finished by 2020. The focal points of the project will be the world’s largest dancing water fountain, at 400m high and 100 mt wide, and the 30k sq mt mall, with a retractable roof. 2,348 more words

Finance

Big Yellow Taxi

Work has started on an Al Futtaim 78.5k sq mt “smart mall”, part of phase 1 of the upcoming Wasl Gate development, located near the Ibn Battuta Mall.  2,424 more words

Finance

Get Off My Cloud!

It was announced that 180 luxury apartments in the second phase of sales of units in Al Habtoor City have already been sold, with prices for 1-bedroom units starting at US$ 518k. 1,254 more words

Finance