Despite official safety claims, 43 per cent of the UAE’s residents still say they have never taken part in a fire drill, finds new survey by Honeywell.
Emaar’s chief has located Asia as a possible location for a skyscraper to outreach the expected height of Kingdom Tower.
Richard Paul, head of residential valuation, Cluttons UAE and Paul Preston, director and head of Middle East, IP Global, lead the debate.
Phase one of the serviced apartments are all gone with phase two to go on sale in April.
The bank has given initial approval to a proposal by the country’s commercial banks on setting limits for residential mortgage loans.
Zack Shahin has been convicted of embezzling Dhs30 million along with the three other men.
The Dubai-based construction company is building a twin-tower project in South Cairo.
A mixture of issues including the right type and price of housing, in the right locations, is causing a problem in the Kingdom, says report.
Property rates in prime locations have increased substantially in the last six months, says new report.
The Dubai-based contractor said that the fundraising was part of a five-year expansion plan.
Emaar made a revenue of Dhs2.5 billion from apartment sales last year, compared to Dhs1.1 billion in 2011.
The renovation will start on July 8 and is expected to take up to 10 months.
The construction firm already has 60 per cent stake in Target, an oil and gas construction business.
The $1 billion project will be located in the heart of Downtown Dubai and is expected to be completed by the end of 2015.
Mohamed Al Mubarak was named the deputy chief executive and chief portfolio officer of the new entity.
Abu Dhabi investment fund Aabar has a 22 per cent stake in the Dubai-based contractor.
Dubai-based developer says its website received traffic from 75 countries for online registration for The Address Residence Sky View.
Managing director Hasan Ismaik will replace Kamal as the new chief executive of the construction company.
Sheikh Nahayan bin Mubarak has cancelled the deal less than two weeks after it was signed.
In return for their multimillion franc investment, owners will receive “full on effortless living”
The Dubai developer’s shares jumped 4.6 per cent to hit Dhs5.15, its highest close since November 2008.
The real estate firm recorded improved sales in established communities such as Downtown Dubai and Dubai Marina.
The developer is showcasing its Dubai-based properties to Indian investors.
Aldar, which has been bailed out by the Abu Dhabi government over the past two years, plans to merge with rival Sorough.
As part of the contract, DSI will undertake MEP works for a mixed-use real estate development in Doha.
The contract covers building the hotel as well as maintaining its development for one year.
Could the UAE central bank’s initiative to impose mortgage caps in the country have a negative impact on the fledging real estate revival?
The development in Karachi may reportedly include the world’s tallest building.
The emirate has announced plans to build a Dhs6 billion island project that will include the world’ largest ferris wheel.
Lack of properly developed infrastructure and operational facilities remain off-putting for certain segments of the market, says new report.