Driven by growth in Dubai’s property market, Middle East investors are looking to invest in real estate both globally and regionally.
Palm Deira is likely to be renamed, one of the sources said.
A mixed-use development in Deira, a Boardwalk and a new beach at Palm Jumeirah will add to Nakheel’s portfolio.
The mega-development will be spread over an area of six million square metres.
New design details for 100-plus storey skyscraper revealed by real estate group at Cityscape Global.
Dubai Properties Group will complete the Palazzo Versace Hotel and the D1 Residential Tower in 2014.
Low-cost carrier charts new commercial flight path with launch of premium services today.
The first half of the year saw Dubai’s residential market sustain positive growth across both the rental and sales sectors.
Gulf Business brings you all the news from the region’s biggest property event.
Four buildings provide guests with more spacious accommodation and a spa.
Abu Dhabi carrier will compete with Emirates for origin and destination and transfer traffic
Nakheel World, part of Dubai World and separate to Nakheel, will repay the money to Saudi-owned Al Falak International.
The massive mixed-use project, called Al Habtoor City, will include three hotels and three residential blocks.
Eleven penthouses, including two VIP penthouses on levels 72 to 74, will offer the height of luxury living at the newly announced Al Habtoor City.
‘The Lagoons’ will have a central business district, an entrepreneurial zone and retail units.
The $3 billion development will offer more than 3,000 hotel and residential units on one plot, set to be completed by 2017.
Nakheel made a net profit of Dhs1.77 billion in the nine months to September 30, versus Dhs1.12 billion in the corresponding period of 2012.
The 316-room DoubleTree by Hilton Abu Dhabi Masdar City will comply with the environmental ethos of Masdar and seek to secure the prestigious ‘Estidama 3-pearl’ rating
The fund will focus on investing in companies across the Gulf, mainly in the UAE and Saudi Arabia.
Real estate veteran Khalaf Al Habtoor says Dubai will quash rivals in November.
The new service will offer the 500,000 Filipino expats in Dubai more travel options during peak periods.
The new scheme will house over 100 mansions and sit alongside an 18-hole PGA Championship golf course.
The UAE is expected to grow strongly owing to the recovery of sectors like financial services and construction.
The TAQA-operated block is expected to initially produce around 30,000 barrels of oil per day.
Average sales prices have also gone up, but there’s no bubble in sight, says Asteco report.
Private sector employees get three days off from October 14-16.
Will Abu Dhabi’s new financial zone look to rival its Dubai neighbour? Or will collaboration between the two be a wiser move for the region?
This year’s event will cover more than 25,000 sq metres, an increase of 50 per cent on last year and Cityscape’s largest size in four years.
Despite a lack of local knowledge, UAE financial heads are increasingly looking to recruit top tier talent from the UK.
Strikingly designed hotel aims to open in the Burj Khalifa district in 2016.