After handover of projects, developers will have no say in the setting up and running of the homeowners associations associated with their handed over projects. Image Credit: Gulf News Highlights The new law allows homeowners to have a direct say in the management of their properties Law kicks in today, November 19, 2019 It allows[…]

Video Credit: Dubai: It’s that spot of darkness in his past he’ll never be able to get over. In Grade 8, while many of his peers were sleeping the sleep of the naive, Lal Chand was learning how the world worked; it would be a hard lesson. His mother, who suffered from a heart condition, passed away[…]

Delta Hotels by Marriott announced its debut in the Middle East and Africa with Delta Hotel by Marriott Jumeirah Beach, Dubai. The hotel is ideally located in the heart of Dubai’s most vibrant destinations, the famous Jumeirah Beach Residences (JBR). With direct beach access, it rises tall between the Dubai Marina, Jumeirah Beach, and The[…]

Nov 18 (Reuters) – Saudi Arabia’s stock market rose in early trade on Monday, supported by banking stocks, while real estate stocks led the losses in Dubai. In Saudi Arabia, the benchmark index .TASI gained 0.6% with Al Rajhi Bank 1120.SE increasing 0.8% and National Commercial Bank 1180.SE adding 1.3%. Among other stocks, Mediterranean And[…]

DUBAI, Nov 18 (Reuters) – Dubai state-owned airline Emirates EMIRA.UL was close to a deal on Monday to finalise at least part of a provisional order for 70 wide-body aircraft from Europe’s Airbus AIR.PA, industry sources said. The Dubai carrier has scheduled a news conference for 0900 GMT. Both companies declined to comment. (Reporting by[…]

Developers in Dubai have only a month left to start invoicing all service charges on ready properties through the Dubai Land Department’s “Mollak” electronic records Image Credit: Oliver Clarke/Gulf News Dubai: Developers in Dubai have only a month left to start invoicing all service charges on ready properties through the Dubai Land Department’s “Mollak” electronic[…]

Emaar Properties’ new Dh25 billion The Valley project on the Dubai-Al Ain Road will contain more than “4,500 residential units spanning an area of 200 hectares”, its chairman Mohamed Alabbar said. The project, which is being launched on Monday, will get under way with a community of 380 three- and four-bed townhouses, the developer added.[…]

Hyatt launches its fourth Hyatt Place property in Dubai and creates another great alternative in the midscale travel segment in Dubai’s quickly diversifying market. Hyatt’s fourth Hyatt-branded select service property has opened in Dubai. The Hyatt Place Dubai/Jumeirah expands the group’s midscale portfolio in the UAE and appeals to the growing tourism sector not looking[…]