The six-month event, the first World Expo to be staged in the Middle East, is expected to attract up to 300,000 visitors a day when it opens in October 2020
Exhibitors at the three-day Cityscape Global showed off models of high-end skyscrapers and even "Floating Venice", a resort complete with underwater suites
Supply of such properties in 2017 would not be far off demand, reflecting a move towards stability, Adil Taqi said
It's a combination of mismanagement and decline in oil prices, which has forced most of the region’s governments to cut down many of these projects.
2017 sees a strong start for the Dubai real estate market in light of increased investor interest.
Increased investment interest from China, India and Saudi Arabia saw Dubai real estate sales achieve a high of AED12billion in the first two weeks of 2017
Experts attribute this sales increase to a number of factors, including Dubai’s new safe-haven status and investor friendly policies
The positive economic forecast continues to drive investor interest in Dubai property
Dubai began construction work Monday on a tower that will stand higher than its Burj Khalifa, which is currently the world's tallest skyscraper.
I have been in Dubai this week, presenting the lower-forever thesis I outlined here last Sunday and testing out my market view on a different audience.
I always enjoy trips to the UAE. The ambition of both Dubai and its oil rich neighbour Abu Dhabi never fails to impress, even if the overwhelming impression is of a film set that might be packed up and put back into storage at any moment.
British investors are one of the largest group of investors in Dubai’s property markets but the decision by the UK to leave the European Union is unlikely to have much of an impact, according to experts.
As the most open real estate market in the Middle East, Dubai has always found itself more susceptible to external factors. But, despite the interim uncertainty brought about as a result of Brexit the emirate unlikely to feel any long term effects, says a report from international real estate firm JLL.
British citizens are the third largest investors into Dubai’s real estate market, potentially leaving them more susceptible to any negative impacts from Brexit, however, JLL’s Craig Plumb, head of research for The Middle East and North Africa, believes that any negative ramifications will only be temporary.
Residential property prices in Dubai fell again during the second half of 2016 and the slowdown is projected to continue.
Data from two sets of figures covering the second quarter show that the real estate market is slowing although sales are holding up. However, currency fluctuations are adversely affecting demand from foreign buyers.
The data from CBRE shows that it was the sixth consecutive quarter of declines with the average sales rate down 2% quarter on quarter and 12% year on year, with the most significant fall recorded in the upper segment of the market.
Constructed by Holland-based engineers, the Waterlovt are a set of houseboats with state-of-the-art facilities.
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