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    Featured in Real Estate
    ‘brands4u', the biggest factory outlet opens in Reef Mall, Dubai

    Dubai, UAE, October 19, 2017:  ‘brands4u’, the biggest factory outlet in Dubai showcasing high end brands from all around the world opened its doors to shoppers. The soft opening was in the  presence of Mr. Sunil Shetty an Indian film actor, producer and entrepreneur who is an active star in Bollywood with appearances in more than 110 films. Sunil Shetty as the first customer flagged off the sales.  Hon. Mr. Paul Raymond P. Cortes, Consul General of the Philippines in the UAE officially inaugurated the ‘brands4u’ in the presence of leading dignitaries from diverse fields.  Speaking to the media during the inauguration, Mr. Vijay Samyani, Managing Director and Founder of brand4u said “UAE is the region where people always get inspired by trends. They are always looking for an ......read more

    The First Decobuild Exhibition Joins 40 Government and Private Entities

    A destination for residential or commercial construction project owners Dubai, UAE, October 17, 2017:  Organized by the Mohammed Bin Rashid Housing Establishment (MRHE), the first ever Housing, Building Materials, Decoration and Engineering Consultancy Exhibition (DECOBUILD) will be launched on Wednesday at the Sheikh Khalifa Bin Zayed Al Nahyan Hall in Dubai. The event will run from October 18-21, with the participation of 40 government and private entities. "The exhibition will provide those wishing to build their own residential or commercial projects with a wide choice of engineering consultancy and the latest innovations in the field of building materials, decoration, interior finishes, furniture, and all requirements of the modern home. The exhibition will provide exhibitors the opportunity to meet visitors seeking ......read more

    Abu Dhabi Fund for Development Delegation to Albania Reviews Progress of Projects Worth AED423 Million

    Tirana River Rehabilitation 70% complete  Tirana River Northern Boulevard 50% complete  Tirana-Elbasan Road set to open end-2017 Abu Dhabi-UAE: 16 October, 2017:   A technical delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, visited Albania to review the status of three of its financed ventures – the Tirana River Rehabilitation project, Tirana River Northern Boulevard project, as well as the Tirana-Elbasan Road project.   During the visit, the delegation toured the project sites and met with several Albanian government officials including Her Excellency Gelardina Prodani, Secretary General of the Ministry of Finance, Arbjan Mazniku, Deputy Mayor of Tirana, and representatives of the Albanian Road Authority. The two sides ......read more

    Abu Dhabi Quality and Conformity Council Recalls 2,463 Controlled Products in 22 Categories during Inspection Drive

    Corrective action taken for 7,334 products in 25 categories Products recalled for non-compliance with safety, quality requirements 15,746 toys, 17,971 electrical appliances, 13,757 tobacco products, 3,318 detergents, 633 tires examined during inspection Abu Dhabi-UAE: 16 October, 2017:  Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, has announced the voluntary recall of 2,463 products in 22 categories as well as the temporary withdrawal of 7,334 products in 25 categories for their non-compliance with safety and quality requirements.   The move followed a series of inspection campaigns QCC carried out between January and September 2017 that examined a total of 51,425 controlled products including 17,971 electrical ......read more

    The Dubai Mall celebrates Diwali with a splash of colour

    Dubai, UAE, October 15, 2017:  Celebrating the Festival of Lights, The Dubai Mall is adding a splash of colour and a tonne of free activities this Diwali, from Friday, October 13, to Thursday October 19; bringing family and friends together to enjoy the occasion through dance, music, art and laughter.  With activities for all ages, visitors can enjoy classical and Bollywood fusion entertainment, or take part in Bollywood dance classes throughout the week, celebrating the vibrancy of Diwali.  A focal point for the celebration, a dazzling tree of lights with be located at Star Atrium, which will also showcase a range of traditional Rangoli sand drawings. Visit the stage between 6pm and 8pm daily to see the colourful art being created live on stage.  Locate the traditional Indian carts to find giveaways ......read more

    Robinsons Launches the Hall of Fashion and Accessories

    SHOP THE LATEST AND GREATEST ACCESSORIES AT YOUR STORE OF INSPIRATION Dubai, UAE 14th October 2017:  Robinsons, the largest department store in the Middle East, launched its much awaited hall of fashion and accessories. The hall is a sweeping sky lit space that houses some of the most coveted accessories and leather goods. In addition to the store’s lush vertical gardens and contemporary décor, the hall’s bold and relaxed atmosphere cements Robinsons as the store of inspiration that’s redefining Dubai’s shopping scene. The hall of fashion and accessories is a haven to bags and accessories from powerhouse brands such as Louis Quatorze and Kwanpen that are exclusive to Robinsons. In addition to these brands featured in the hall, visitors will find collections from stylish niche designers such Les Petits ......read more

    Paris Gallery Announces the Winner of the Maserati Quattroporte GTS

    Dubai, UAE, October 11, 2017:  At an event attended by officials of Dubai's Department of Economic Development, media representatives and senior management of Paris Gallery, the winner of a brand new luxurious Maserati Quattroporte GTS car was announced. The winner, Hamda Al Dhaheri, is a UAE national who bought her winning perfume from Paris Gallery at Rotana Mall in Al Ain. 'This is yet another successful promotion for us. We continue to give our customers fabulous opportunities to win such luxurious prizes. This time we worked closely with well-known and much-loved fragrance brands such as Versace, Missoni and Moschino to come up with this promotion. It is a huge success. We are very glad for the winner of this luxurious car, and we look forward to introducing similar promotions for the benefit of our customers in the ......read more

    Ishraqah announces the handover of The Onyx

    Coldwell Banker is the exclusive sales agent for the mixed-use project on Sheikh Zayed Road, Dubai DUBAI – October 10, 2017:  Ishraqah, a leading UAE based developer, has completed the handover of The Onyx, located on Sheikh Zayed Road, Dubai. The Onyx is Ishraqah’s prestigious freehold project that consists commercial and residential towers along with a four-star lifestyle hotel, three podium levels of commercial and food and beverage outlets, making it a key local community destination in Dubai.  The stylish and premium mix use development has witnessed a surge in demand. Most residential units of The Onyx are already sold out, with many of them already occupied. The offices and commercial space are also in high demand. Earlier in the year, Ishraqah had signed an agreement with Coldwell Banker, a global ......read more

    Landmark Group launches Augmented Reality on the Home Centre iPhone app

    This innovation allows customers to virtually experience furniture in their home before shopping UAE and KSA customers with compatible iPhones can virtually view furniture dimensions, see how products look from different angles and share photos with their friends and family This Omni-Channel initiative is part of the Group’s commitment to offering a seamless customer experience in-store, online and on apps Dubai, UAE: October 02, 2017:   Landmark Group, the Middle East’s leading retail and hospitality conglomerate, today announced the launch of Augmented Reality (AR) on the Home Centre iPhone app. This innovative new experience allows shoppers to virtually preview furniture in their space before they shop. Through AR, the Group aims to offer customers in the UAE and KSA a better, richer and more useful ......read more

    EcoSys™ 8 Release Offers Industry First for Full Life Cycle Projects Performance

    Integration of Portfolio and Contract Management Capabilities with the industry standard for Project Controls enables customers to drive greater returns and profitability Dubai, United Arab Emirates, October 2, 2017:  Hexagon PPM, the world’s leading provider of asset life cycle solutions for design, construction, and operation of industrial facilities, announces the release of EcoSys 8, the first software platform to offer an integrated solution for full life cycle projects performance. The integration of newly named EcoSys Portfolios and EcoSys Contracts with its flagship solution, EcoSys Projects, enables real time data to flow seamlessly between all stages of the life cycle. The result – a holistic, organization-wide perspective for managing the dynamic project ecosystem while maximizing returns and ......read more

    Get Halloween ready with Al-Futtaim ACE

    Dubai, October 02, 2017:  With Fall on the horizon, the spooky season is fast approaching and Al-Futtaim ACE has all your Halloween needs under one roof. The Al-Futtaim ACE Halloween collection features a great range of products including exclusive costumes, spooky décor, party wear and accessories starting from AED 59. The collection is available in-store starting October 1.  Al-Futtaim ACE stores in the UAE are located at Dubai Festival City and Sheikh Zayed Road in Dubai, Yas Island, Mina Road and Dalma Mall in Abu Dhabi and Bawadi Mall in Al Ain.

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    Al Wahda Mall now leases parking spaces

    Al Wahda Mall now leases parking spaces to offices and residential apartments in surrounding areas to address parking issues  Expecting to ease out some parking concerns, this new initiative promotes optimum utilization of space as well as sustainability Al Wahda Mall, sprawling across 3.3 million square feet with over 350 brands including fashion, beauty, entertainment, food, supermarkets with this new initiative caters not only to mall visitors but also to the community at large Al Wahda Mall is located in Abu Dhabi Abu Dhabi, United Arab Emirates, September 28, 2017:  Al Wahda Mall, an iconic landmark and favorite shopping destination located in the heart of Abu Dhabi city now leases parking space to nearby offices and residential apartments. Focusing on the convenience and ease of not only shoppers, but also ......read more

    Materials Handling Middle East 2017 Concludes in Dubai

    World-leading suppliers share centre-stage with local heavyweights at region’s dedicated logistics and supply chain exhibition   Dubai, UAE: The Middle East’s dedicated trade fair for intralogistics, supply chain management, freight and cargo concluded recently, bringing a successful end to three-days of busy networking and discussions of the latest trends and innovations in the market today.     Materials Handling Middle East 2017 featured 126 exhibitors from 21 countries, and welcomed 3,300 visitors from 50 countries at the Dubai International Convention and Exhibition Centre.    The 9th edition of the biennial three-day event saw the participation of seven of the world’s top 20 materials handling systems suppliers, including the global top three of Daifuku from Japan, German ......read more

    The Dubai Mall Marks a First with 26 Tonnes of Compost Generated From Food Waste

    The Dubai Mall, the world’s largest and most-visited retail and entertainment attraction by Emaar Malls (DFM: EMAARMALLS), has set a model in urban waste management by facilitating the production of 26 tonnes of compost from the waste collected from the mall’s food outlets.  This is the first-of-its-kind initiative by a mall in the UAE and underlines the focus of Emaar Malls to promote environmental-friendly practices that support the UAE’s vision for sustainable development.  The composting is facilitated by the Soft Facilities Management team at The Dubai Mall with the cooperation of the food & beverage outlets in the mall and Suez Middle East Waste Management. All waste from the outlets as well as the waste from the mall’s food courts are collected for composting.  The composting is ......read more

    Al Naboodah Group Enterprises Creates a Sustainable Future for UNESCO World Heritage Site, Al Ain Oases Date Plantations

    September 26th, 2017, Dubai, UAE – For years, Al Naboodah Group Enterprises (ANGE), one of the UAE’s oldest and most respected family conglomerates with a diverse portfolio of businesses, has been entrusted with maintaining the prestigious Al Ain Oases date plantations – part of the first listed UNESCO World Heritage Site in the UAE, and operated by the Al Ain City Municipality. Covering 3,000 acres, and more than 184,000 date palms, ANGE has long since committed to embedding sustainable practices at the Al Ain Oases, preserving a treasured piece of UAE heritage while embodying the UAE’s 2021 Vision.   Managed by the Group’s agriculture business, ANGE’s sustainability efforts at the oases ensure that almost 75% of natural resources are saved. The Group has reduced pesticide use from 140,000 ......read more

    RERA leads the switch to fire-resistant building facades

    RERA implements proactive solutions to save lives and protect property investors Dubai, UAE, 23 September  2017:  Dubai Land Department (DLD), through its regulatory arm the Real Estate Regulatory Aagency (RERA), has begun the process of replacing non-fire-resistant building facades across Dubai. The project demonstrates RERA’s dedication to taking proactive and preventative measures that will reduce the incidence of fire accidents in the Emirate.  Mohammed Khalifa bin Hammad, Senior Director of the Real Estate Regulatory Department at RERA, commented: "By replacing building facades that do not comply with our fire resistance safety requirements, we are supporting DLD's vision of making Dubai the world’s safest and securest residential and investment destination. As DLD prioritises safety, ......read more

    Abu Dhabi Fund for Development Earmarks AED40 Million Grant to Bolster Electricity Network in Comoros

    His Excellency Mohammed Saif Al Suwaidi: “The grant is in line with the directives of the UAE leadership to supporting developing countries” Abu Dhabi-UAE: 23 September, 2017:  Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated an Abu Dhabi government grant worth AED40 million to the Comorian government.   The grant will help enhance the efficiency of public utility systems, such as electricity supply, in the Comoros through installing new transformers and generators with a total capacity of 11 megawatts as well as rehabilitating existing distribution networks.   His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and His Excellency Said Ali Said Chayhane, Comorian Minister of Finance and Budget, signed a Memorandum of ......read more

    The Rental Disputes Center is an integrated judicial system for the real estate sector

    Dubai, UAE, September 19, 2017:   Since its establishment in 2013, the Rental Disputes Center (RDC) has worked toward becoming the international reference point for resolving rental disputes via an integrated judicial system that is characterised by speed and accuracy, and supports sustainability. In addition to settling rental disputes, the RDC also contributes to formulating proactive solutions that ensure the real estate sector is supported throughout every stage of its growth.  To achieve this, the RDC's team works with other legislative bodies and entities to develop plans and mechanisms that monitor market rhythm and respond to the expectations and needs of all parties in the sector.   Consideration of disputes The RDC is the judicial arm of Dubai Land Department and has the capacity to not only deal ......read more

    Awqaf and Minors Affairs Foundation Inaugurates His Excellency Ahmed Ali Al Abdulla's AED16.5 Million Endowment Project

    Project Comprises Three Buildings  Revenues to Benefit Orphans Including Children of AMAF’s Family Village  Dubai-UAE: 17 September, 2017:  The Awqaf and Minors Affairs Foundation (AMAF) inaugurated a new residential and commercial endowment development in Al Bada’a area of Dubai, funded by His Excellency Ahmed Ali Al Abdulla. The project’s revenues will benefit the orphans in AMAF’s care including those residing in the Family Village, the region’s first community orphanage that provides more than 30 children with shelter, education, and support in a stable family environment.  His Excellency Tayeb Al-Rais, Secretary General of AMAF, Ahmed Bu Shihab, Director of AMAF’s Endowment Development Department, and His Excellency Ahmed Ali Al Abdulla attended the ceremony. Other ......read more

    Danube Properties Bags two prestigious awards this September

    Danube properties wins two coveted awards at Forbes Middle East Award ceremony and Gulf Business Award ceremony simultaneously 16th September, 2017; Dubai, UAE:  It’s yet another outstanding achievement by Danube Properties, the leading Property Developer in the region delivering affordable and sustainable development with high standards of construction. The realty division bags two prestigious awards: Top Real Estate Company in the Arab world by Forbes Middle East on 9th of September at Waldorf Astoria Dubai Palm Jumeirah and Best Real Estate Company in the Arab World by The Gulf Business Awards on 10th of September at Fairmont the Palm Hotel in Dubai.  On receiving the award, MR. RIZWAN SAJAN, Founder & Chairman – Danube group said, “Winning two awards concurrently on the prestigious forums of ......read more

    Dubai Land Department to promote Dubai real estate internationally

    Dubai Land Department signs MoU with Sumansa Exhibitions to further strengthen partnership for the Dubai Property Show  13th September, 2017; Dubai, UAE:  Following successful exhibitions in Hong Kong, London, Mumbai, and Shanghai, the last two of which generated AED 1.2 billion and AED 800 million of investments respectively, Dubai Land Department (DLD) now plans to explore new destinations for promoting the Emirate’s attractive real estate market through its flagship event, the Dubai Property Show. At a ceremony hosted during Cityscape Global 2017, DLD signed an MoU with Sumansa Exhibitions – the organisers of the Dubai Property Show – with the aim of further strengthening ties between the two parties to take Dubai’s real estate across the globe. The MoU was signed by Majid Al-Marri Senior Director ......read more

    Saudi Investors to Keep Faith in Dubai Real Estate - Developer

    ARTAR COO says the emirate’s property market has a proven reputation for delivering long-term benefits  Dubai, UAE, 13 September 2017:  Saudi Arabian investors will continue to put their faith in Dubai real estate because the emirate’s property market has a proven reputation for delivering long-term benefits, a developer said at Cityscape Global today. Okbah Abdulkarim, Chief Operating Officer of ARTAR Real Estate Development, says Dubai’s status as a safe haven for real investors remains intact and major developments driving the economy are building investor interest, particularly from Saudi. Official Dubai Land Department figures show that, in the 18 months from January 2016 to the end of June this year, the biggest GCC investors in Dubai real estate other than Emiratis were Saudis who made a total ......read more

    Shaikhani Group Lauds Cityscape for allowing Onsite Property Sale

    Shaikhani Group is showcasing Dh900 mln worth of properties The group so far completed projects worth Dh450 million with 359 units. Total 180 apartments have been sold out in till August 2017. Developers are euphoric about selling and getting ROI right onsite Dubai, UAE, September 12, 2017:  Dubai-based  property developer Shaikhani Group lauded Cityscape and authorities on their decision of allowing the property developers to sell properties at their stands at the exhibition, which will run from 11 to 13 September, 2017 at Dubai World Trade Centre.   Shaikhani Group so far completed projects worth Dh450 million with 359 units.  Total 180 apartments have been sold out in 2017.   Mahmood Shaikhani, Managing Director of Shaikhani Group, said: “The historic decision of selling ......read more

    Cityscape Global Awards for Emerging Markets Celebrate International Architectural Excellence

    More than 300 entrants shortlisted to 11 winners from UAE, Bahrain, Saudi Arabia, Kuwait, Argentina, Brazil, India, Malaysia and Bangladesh   Dubai, UAE, 12 September, 2017:  Real estate projects from the GCC, South America and Asia have been recognised as best in class at the Cityscape Awards for Emerging Markets, announced during a gala dinner on Monday 11 September.   With more than 300 initial submissions received, a total of 44 projects representing local and international projects from 17 countries were shortlisted before the winners were revealed at the Conrad Hotel, Dubai.  The winning projects embody the very best in architectural excellence for future and built developments across the globe.   Two UAE projects picked up awards on the night; Developer, Swiss Property, and British ......read more

    Massive Investment Opportunities as Tilal Properties Announces 68% Increase in Gross Leasing Area at Tilal Mall

    Colliers International named as the official management company for Tilal Mall during a high-level signing ceremony on the first day of Cityscape Global Dubai 2017 Sharjah, 12 September 2017:   Tilal Properties, a leading Sharjah-based real estate developer and the first to develop freehold and leasehold properties in the emirate, has unveiled sweeping expansion plans for its flagship retail project ‘Tilal Mall’, as a part of its strategy to lead the emirate’s booming property sector and provide the perfect destination for investors, residents, tourists and entrepreneurs. The comprehensive range of updates involve increasing the area designated for construction from 256,000 square metres to 400,000 square metres and raising the total gross leasing area from 69,000 square metres to 115,982 square metres. The ......read more

    Other Top Stories from Real Estate
     
    Salem Ahmad Almoosa Enterprises holds strategic meeting with Australian Trade and Investment Commission

    Salem Ahmad Almoosa Enterprises (SAAE), one of the UAE’s most prominent business conglomerates, recently held a business meeting with members of the Trade and Investment Commission of Australia at the Al Moosa Business Center, AIG Dubai Head Office in Oud Metha. The meeting saw the discussion of potential business opportunities between SAAE and Australian companies under the commission. The Australian delegation was composed of Mounir Sankary, First Secretary, Commercial and Trade Commissioner and Rohan Malhotra, Investment Manager. The group was welcomed by His Excellency Salem Ahmad ......read more

    Light it up smartly: Sylvania Hallmarking its authority in the Middle East Market

    The company is set to embark on this by participating as a gold sponsor in the Light Middle East Exhibition Having successfully participated in the Gulf region's leading trade show and conference for metropolitan, architectural, theatrical and retail lighting solutions for the preceding couple of years, the global brand, Sylvania will exhibit its wares under the tagline “Light your world”. Feilo Sylvania recently remodeled its brand strategy and will implement Sylvania as its international brand in the successive period, and concentrate on product branding in the ......read more

    Tabarak Investment Injects AED 500 Million in Drake & Scull International as part of the Capital Increase

    UAE, October 4, 2017 - Drake & Scull International PJSC (DSI), a regional market leader in engineering and construction services, announced today that it has successfully completed its capital restructuring program which started at the beginning of the fiscal year as part of its efforts to improve the financial position of the company and enhance operational efficiency. The completion of the program and the entry of Tabarak Investment as a Strategic Investor will enable the company’s new leadership to move forward with its operational plans and focus on further enhancing its core ......read more

    HMH Appoints Rene Vincent-Ernst as General Manager for Bahi Ajman Palace Hotel

    HMH – Hospitality Management Holding has appointed Rene Vincent-Ernst as the General Manager for Bahi Ajman Palace Hotel. Vincent-Ernst has over three decades of outstanding experience in the hospitality industry spanning Europe, Africa and the Middle East. Making the announcement, Ferghal Purcell, COO of HMH, stated, “We are delighted to welcome Rene Vincent-Ernst to lead the team at Bahi Ajman Palace Hotel. Vincent-Ernst brings a wealth of experience and expertise in the luxury hospitality sector including more than 10 years in the GCC. We are confident under his leadership ......read more

    Growth of maritime tourism gives major boost to UAE's global competitiveness

    UAE, September 25, 2017- H.E. Dr. Abdullah bin Mohammed Balheif Al Nuaimi, UAE Minister of Infrastructure Development and Chairman of the Board of Directors of the Federal Authority for Land and Maritime Transport, says that the growth of the maritime tourism sector in recent years reflects the UAE’s position as one of the most developed countries in the world based on the seaports index. H.E. noted that this steady expansion will support the UAE's nomination as a Category B member of the International Maritime Organization (IMO). This, he said, is in line with the UAE's desire ......read more

    Drake & Scull Announces Series of Executive Management Appointments and Changes

    UAE, September 25, 2017- Drake & Scull International PJSC (DSI), a regional market leader in engineering and construction services, has announced the latest in a series of strategic appointments and changes aligned with the company’s ongoing efforts to restructure the organization and streamline business operations. The ongoing appointments are key to reinforcing DSI’s leadership in the mechanical, electrical and plumbing (MEP) sector. Through the continued support of Tabarak Investment and the guidance of a new set of visionary leaders, the company intends to capitalize on ......read more

    Salem Ahmad Almoosa Enterprises attributes enduring success to dynamic team at Annual Corporate Gathering

    Salem Ahmad Almoosa Enterprises (SAAE), one of the UAE’s most prominent business conglomerates, paid tribute to its dedicated team and recognized outstanding performers during its latest Annual Gathering held recently at the Sheraton Grand Hotel in Dubai.  H.E. Salem Ahmad Almoosa, Chairman and General Manager of Salem Ahmad Almoosa Enterprises, commended management and staff for upholding the spirit of unity, innovation and excellence which have been the hallmarks of SAAE’s operations throughout its over four decades of industry leadership. He also reaffirmed the ......read more

    Campion unveils its new solar lighting generation at Cityscape

    Dubai, September 14, 2017– Campion International, the sustainable urban projects lighting company, showcased its new solar lighting generation for urban projects and smart cities which meets the highest global standards at Cityscape Global in Dubai, 11 - 13 September at Dubai World Trade Centre. The company's lighting solutions operate by using sustainable and environmentally friendly clean energy. The company offered participants and visitors alike a comprehensive presentation on the efficiency and feasibility of using the new solar lighting system, developed for the first time ......read more

    Building Surge Highlights Changing Face of Investment in Dubai Real Estate – Al Msaddi

    Fäm Properties CEO spotlights market shift at Cityscape Global as plot owners take development route, land advisory set to boom, speculators fade Dubai, UAE, 12 September 2017:  Real estate investors in Dubai are opting to develop land plots rather than wait for a return to lucrative sales profits in a market no longer dominated by speculators. This significant market shift was highlighted at Cityscape Global today by Firas Al Msaddi, CEO of fäm Properties, one of Dubai’s largest real estate brokerages. “Between 2010-2013 in prime Dubai areas, trading plots ......read more

    Phidar Advisory Releases June & August Dubai Residential Property Note: Sentiment-fueled buoyancy fades, correction ahead

    Tuesday, 12 September 2017– Today, Phidar Advisory released its Dubai residential research note with June and August quarterly data. The report shows nominal to moderate rent declines and forecasts further softening, based on three-month moving averages. “The false start of early 2017 is over and the cracks are starting to show,” said Jesse Downs, Managing Director of Phidar Advisory. “Sale volumes of completed properties are at a 6-year low and vacancies are rising across the city,” she added. In August, quarterly lease rates declined another 1.1%, while ......read more

    Bloom Properties Updates Investors on Construction Progress of Key Abu Dhabi, Dubai Developments

    Developer showcases prestige projects at Cityscape Global 2017 in Dubai  Abu Dhabi-UAE: 11 September, 2017:  Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is marking an impactful participation at the 16th edition of Cityscape Global 2017, providing investors, home buyers and visitors at the definitive exhibition with construction updates on its diverse range of developments in Abu Dhabi and Dubai.  The construction of Bloom Heights, the developer’s project in Dubai’s Jumeirah Village ......read more

    Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum applauds Falconcity of Wonders' vision at Cityscape Global 2017

    September 11, 2017 - H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, crown prince of Dubai and Chairman of the Dubai Executive Council, visited the stand of Falconcity of Wonders LLC, the developer of the Falconcity of Wonders (FCW) multipurpose mega project arising in Dubai today during the ongoing 16th edition of Cityscape Global running from September 11 to 13, 2017 at the Dubai World Trade Centre. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum stopped by to learn more about the 41-million-square-foot mixed-use complex rapidly gaining global popularity for its distinctive ......read more

    Value of UAE's building projects reaches Dh836 billion in Sept 2017

    The latest BNC Network’s report shows, 7,878 building projects are active in the UAE – reflecting the vibrancy of the construction activities in the building sector   News Announcements The total value of 7,878 building projects in the UAE reaches Dh836 billion (US$227.9 billion) in September 2017  Of all the building projects, US$100.5 billion worth of projects are high-rise towers, rising above 15 floors  In terms of value, US$121.1 billion worth of buildings are being built in Dubai, while US$64.3 billion worth of projects are being developed in ......read more

    Cityscape Global 2017 Officially Opens

    Region’s largest real estate event offers diverse portfolio of projects, on-site sales for UAE projects and hundreds of global developments on show Dubai, 11 September, 2017:   The 16th edition of Cityscape Global, the Middle East’s largest, most influential real estate event, officially opened today at the Dubai World Trade Centre. Recognised as the barometer for the regional real estate industry, Cityscape Global runs until Wednesday 13 September and will host to almost 300 exhibitors including the UAE’s major real estate developers Dubai Holding, Nakheel, ......read more

    Fäm Properties Reveals Bitcoin Payment Option for Rentals at Major New Dubai Destination

    Al Msaddi says landlords believe cryptocurrency initiatives will attract educated, savvy tenants Dubai, UAE, 11 September 2017:  One of Dubai’s largest real estate brokerages revealed today that some landlords will start accepting Bitcoin payments for residential property rental within one of the city’s major new developments starting next month. On the opening day of Cityscape Global, fäm Properties said that from 1st October a number of landlords whose properties are managed by the company are willing to accept Bitcoin rental payments for a limited number of ......read more

    Rocky reinforces its leadership position in Dubai's real estate market

    Dubai, UAE, September 11, 2017:  Dubai’s world class infrastructure and ideal location positions it as one of the best cities in the world to live and do business with unlimited potential. It has been established that investors get higher yield in Dubai when compared to real estate investments in many other global cities. Hence, property investors from across the world consider Dubai to be one of their most preferred destinations for real estate investments. With the significant growth of the real estate sector, Rocky Real Estate, UAE’s leading brokerage firm has ......read more

    Al Thuriah to launch special promotion during Cityscape Global on three-bedroom apartments in Sahara Tower 6

    Select three-bedroom units in landmark high-rise complex will cost AED1 million for limited three-day period Promotion comes following Cityscape Global’s decision to allow direct buying for the first time in event’s history Sharjah, 10th September 2017:  Al Thuriah Properties, the UAE’s premier property developer that specializes in high-rise residential towers and communities, today announced it is launching a special promotion at Cityscape Global 2017 on a limited range of apartments at Sahara Tower 6.    The promotion is on 33 three-bedroom ......read more

    Value of 21,893 construction projects in the GCC reaches Dh8.8 trillion

    News Announcements The total value of 21,893 construction projects reaches Dh8.8 trillion (US$2.4 trillion) at the beginning of September 2017, which is higher than the GDP of 205 countries, and lower than the world’s top six economies. Value of urban construction projects reached $1.185 trillion (Dh4.34 trillion) in September 2017, BNC Construction Intelligence report shows Value of the energy projects have reached $331 billion (Dh1.21 trillion) in September 2017 Value of utility project in the Gulf reached $302 billion (Dh1.1 trillion) in Sept., 2017 Total value of ......read more

    On the occasion of the Cityscape: Empower highlights the importance of District cooling in the future of Smart Cities

    A report by US-based Global Market Insights indicates that the district cooling market in the Middle East will exceed US$12bn by 2024   Dubai, UAE, September 10, 2017:  Commercial and residential buildings in Dubai have district cooling and the demand is set to grow substantially, and district cooling is an integral part in the future of smart cities, according to Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider.   “Once a building has been commissioned, there is a ......read more

    Future Living: Dubai Properties to showcase high-powered realty portfolio and promising lifestyle destinations at Cityscape Global

    Key Projects across Dubai at Marasi Business Bay, Villanova in Dubailand, as well New Phase of Cultural Village are in Focus at Stand S1D10 at Sheikh Saeed Hall 1, Dubai World Trade Centre   Dubai-UAE: 10 September, 2017:  Dubai Properties, a leading Dubai-based real estate master developer of renowned destinations across the emirate will showcase an impressive realty portfolio at Cityscape Global 2017, exhibiting alongside other Dubai Holding companies including Dubai Design District (d3). The premier property exhibition, Cityscape Global will run from 11 to 13 September, ......read more

    64 Brands in the UAE to receive Superbrands title at Annual Tribute Event

    Gala Event to announce ‘Brand of the Year’ award and unveil the 13th edition of the Superbrands book Dubai, UAE – September 10, 2017:  Superbrands, the independent authority and arbiter of branding, announced it will host its annual tribute event to honour and recognize 64 of UAE’s strongest brands on September 17, 2017. At the event, Superbrands will also announce the highly awaited ‘Brand of the Year’ award and unveil the 13th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands. In its ......read more

    Al Marjan Island set to raise Ras Al Khaimah real estate profile at Cityscape Global 2017

    The island will demonstrate its pivotal role in realising Ras Al Khaimah real estate vision for 2018, and highlight unrivalled investment opportunities for investors Ras Al Khaimah, UAE, 9 September 2017:  With record investment deals and projects portfolio, Al Marjan Island the leading master developer in Ras Al Khaimah was named platinum sponsor of Cityscape Global 2017 which runs from 11th to 13th September at Dubai International Convention and Exhibition Centre. Through its participation at the exhibition, Al Marjan Island will continue to raise Ras Al Khaimah’s (RAK) ......read more

    MAG PD highlights its real estate portfolio for visitors during ‘Cityscape Global 2017'

    The company contributes to Dubai's vision by providing the real estate market with a wide spectrum of real estate options  The value of the company's UAE investments reached AED 9.8 billion by the end of the first half of 2017 Dubai, UAE, September 9, 2017:  MAG Property Development (MAG PD), the property development arm of MAG Group, has announced that it will showcase five real estate projects at Cityscape Global 2017, the world-leading real estate exhibition that will take place at the Dubai World Trade Center from 11th to 13th September. Talal Moafaq Al Gaddah, ......read more

    UAE Retains No. 1 Spot as Most Appealing Real Estate Investment Country for GCC Residents

    Dubai takes top city billing in new Real Estate Barometer study commissioned by YouGov for Cityscape Global Dubai, UAE; 9 September 2017:  The UAE has retained its number one position as the most appealing country to invest in real estate in the world for GCC residents, while Dubai is the most preferred city, according to new research. The latest Real Estate Barometer study, conducted in partnership between YouGov and Cityscape Global, asked GCC home buyers and real estate investors where they feel most comfortable investing their money globally and 45% of respondents cited the ......read more

    Instant Cash Back with Stadium

    Spend 500 AED in store at Stadium and only pay 350 AED Dubai, UAE, 9 September, 2017:  Refresh your sports and lifestyle wardrobe at Stadium and be rewarded instantly. From 31 August to 12 September, shoppers spending 500 AED or more in participating Stadium can redeem 150 AED instantly.   This offer is only valid in the following stores: Dubai Mall, Dubai Festival City, BurJuman, City Centre Deira, Abu Dhabi Marina Mall, Yas Mall, Mushrif Mall and Deerfields.  ...read more

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