Dubai skyline, showing Burj Khalifa, currently the world’s tallest man-made structure: A prospectus that accompanied Dubai’s planned offering of bonds and Islamic securities on Monday showed the government’s outstanding direct debt stood at AED123.5 billion ($33.6bn) as of June 30. That’s about 28 percent of last year’s gross domestic product, according to the document seen[…]

Saleh Tabakh, Head of Sales, MAG with Porush Jhunjhunwala, CEO of Banke Image Credit: Supplied Dubai: Banke International properties, an award-winning Dubai-based boutique real estate company, is the exclusive realty broker handling the sales for a new luxury mixed-use tower, MBL Residence, located in Jumeirah Lake Towers (JLT), Dubai, the latest premium lifestyle property from[…]

Dubai-based hospitality company Jumeirah Group has opened its fourth ‘Jumeirah Living’ property – its upscale residential brand – Jumeirah Living Marina Gate. The government-backed hotel giant, best known for its striking Burj Al Arab Jumeirah and Jumeirah Beach Hotel properties in the emirate, says the expansion of its residential brand is thanks to the new[…]

Clients are buying properties from overseas virtually without even seeing the property physically or signing contracts in person. Attractive property prices in Dubai are increasingly drawing overseas investors in droves, who are willing to snap up a well-priced property quickly even without viewing the property physically and proceeding with the sale from overseas[…]

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Image Credit: Ammar Ahmed/Special to Gulf News … DUBAI INTERNATIONAL CITY: Real estate industry professionals said a further fall in rents … Source link

Jumeirah Living Marina Gate serviced residence opens in Dubai Marina. 4th 'Jumeirah Living' property a significant addition to Dubai's hospitality sector … Source link

DUBAI INTERNATIONAL CITY: Real estate industry professionals said a further fall in rents towards the end of this year is likely as the market is … Source link

The new property offers 508 branded residences comprising 104 serviced apartments – ideal for longer-stays – and 389 private residences, including an executive penthouse, and 15 villas that are available for sale. Image Credit: Supplied Dubai: Jumeirah Group has announced the opening of Jumeirah Living Marina Gate, a lifestyle serviced-residence in the heart of Dubai[…]