Shangri-La will manage the 52-level luxury hotel in Nakheel’s Palm Tower development.
A terrorist attack killed at least 27 people in Karachi’s Jinnah airport on Sunday.
House prices in Dubai soared 27.7 per cent from a year ago in January-March.
The world’s tallest commercial tower, the ‘Burj 2020’ will form the centerpiece of the development.
Prices for the units at NAIA hotel, located on Damac’s 1.3km AKOYA Drive shopping strip, start at Dhs680,000.
With the emirate’s healthcare market booming, hospitals can operate at 80 per cent occupancy rates by 2020, finds Colliers report.
The meetings will be held in Asia, Europe and the Middle East and the sukuk will be sold afterwards, subject to market conditions, Emaar said.
The 10 highest-valued mega-developments in the emirate, according to a report by MEED.
The agreement with DIB was made official about two weeks ago, a senior official from the Indonesian bank has said.
The Dubai developer has joined hands with Germany-based real estate brokerage company Engel and Völkers (E&V).
The first phase of the redevelopment has been completed, and includes new stores and an upcoming leisured component.
One of the airline’s three daily services to be upgraded to A380s from September, complementing double-decker A380 flights into Munich
A Can Am Spyder joins the police’s fleet of luxury supercars.
The deals were awarded by a consortium consisting of UAE contractors Arabtec, CCC and Drake & Scull Construction.
The first phase of applications is restricted to entities that intend to operate a portfolio of at least 20 properties in Dubai.
The development has received a positive reaction from international brands, confirms senior official.
Dubai’s real estate authority has also issued an official notice to all registered brokers warning them to refrain from cold calling property owners who do not wish to sell.
Arabtec is also planning to invest about $60 billion in Egypt over the next three years in sectors such as real estate development, infrastructure, trains, airports, and oil and gas.
Emirates has expressed interest in applying the lessons of other Airbus re-engining projects to the four-engined superjumbo.
The super regional mall will be anchored by an IKEA store and will have a gross leasable area of 250,000 square metres.
The 1.3km AKOYA Drive, resembling Rodeo Drive in Beverly Hills and Champs Elysees in Paris, will include F&B options and retail outlets.
The second phase of the project will have over 70 one to three bedroom apartments within a 20-storey tower, Emaar said in a statement.
The legislation aims to protect natural habitats in Dubai and develop and promote ecotourism.
The centre, which will be launched in Q1 2015, will be within free zone technology park, Dubai Silicon Oasis.
Emaar said the loan is repayable in seven years and carries a profit rate of 1.75 per cent over the London interbank offered rate (Libor).
The work on the third phase of the project will start in June and is scheduled to be completed by 2016, RTA said.
The emirate came closely behind London, and significantly ahead of New York, Moscow and Shanghai
Hasan Ismaik, who took charge early last year, previous held an 8.03 per cent stake in Arabtec.
The new loan replaces an existing facility worth $980 million which was raised in 2011 and was secured against Dubai Mall.
The Dubai carrier will also deploy larger Boeing 777 aircraft to Delhi and Hyderabad