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Real estate development has begun to see some real estate activity down south.
20/8/2015 - The Vice President and Prime Minister of UAE and Ruler of Dubai, HH Shaikh Mohammad bin Rashid Al Maktoum, recently issued a law which regulates the partnership between public and private sectors.
7/8/2015 - This years Cityscape Global, to be held next month in Dubai, is likely to see the unveiling of a series of attractive and affordable housing options by the developers.
3/8/2015 - Theme parks are expected to add more than Dh 5bn to Dubai economy by the year 2020, the organizers of the forthcoming entertainment and leisure show in Dubai said.
The residential rentals in Dubai declined by 3 percent during the second quarter of the year, says the latest ADIB/MPM Properties Real Estate report.
The sale of apartments in Dubai during second half of the year showed a general shift towards more affordable properties, as per new report by Asteco.
An investment of about Dh120bn may be made for development of UAE airports to meet the growing passenger demand and for cargo shipment.
More than 300 new jobs have opened up in Al Futtaim Group across its various business divisions.
As per the PwC Report, UAE can grow into a world-class leisure and entertainment destination and compete against cities such as Singapore, Orlando and Hong Kong, if it takes a holistic approach to exploit its unique geographical positioning, high quality attractions and investment in infrastructure.
The Business Bay in Dubai is once again the buzz of activities, after a lull of few months, as a three-way alliance involving Arabian Gulf Properties, Fortune 5 and Time Properties have made way into a new 26-storey residential project, namely AG Tower, at the master development.
According to an economist, the cost of living in Dubai is already showing signs of slowing down and consumers can breathe a sigh of relief.