Reportage Properties, a leading real estate developer based in Abu Dhabi, said more than 20 per cent of the work has been completed on its Rukan Tower project in Dubai, which is scheduled for completion by the last quarter of 2022. The 488-unit residential development is being developed in cooperation with Continental Investment in[…]
Loading Share Content… The Sofitel Dubai Downtown general manager on how women can make it in a male-dominated industry, Accor’s RiiSE initiative and leading through tough times. At a time when hospitality has shifted towards a more familiar path, Sofitel Dubai Downtown is carving its own set of rules. Meet the property’s general manager, Caroline[…]
DoubleTree by Hilton M Square celebrated the UAE’s 49th National Day with a ribbon-cutting ceremony to unveil the property by AWR Rostamani. The hotel is now open to welcome modern business travellers and urban leisure enthusiasts who are looking for a distinctive experience in the city’s historic district. The ribbon-cutting ceremony for the[…]
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Clear the backlog… most Dubai developers are focussing on clearing their inventory rather than come up with new. Image Credit: AFP Dubai: Dubai’s largest developer is temporarily halting new projects amid a property glut that, combined with the pandemic, has shaved nearly a third off house prices in the past six years. “We don’t build anymore,”[…]
(MENAFN – Khaleej Times) Property prices in Dubai are reasonably priced and demand is picking up, according to Mohamed Alabbar, founder of Emaar Properties, Dubai’s largest listed developer. ‘Real estate business is a cyclical business. We have an oversupply, [but] Dubai is reasonably priced. Our prime time price was a little lower than Chicago prices.[…]
DUBAI – A regulated entity of the Dubai Financial Services Authority, DFSA, Ento Capital is expanding its Assets Management to UK with launching of US$50 million Al Rajhi Legacy Fund. The Al Rajhi Legacy Fund is a closed ended Property fund with a committed capital by members of Saleh Al Rajhi Family. The fund is[…]
Dubai: Dubai Government owned Dubal Holding has taken a 60 per cent stake in OSE Industries, a local aluminium extrusion company. A family-run business, OSE commenced operations in 2015 at Dubai Industrial City, focusing on production of multiport extrusion tubes and precision tubes finding applications in automotive, HVAC and solar sectors. OSE’s products are expected to[…]
DUBAI, 8th December, 2020 (WAM) — A regulated entity of the Dubai Financial Services Authority, DFSA, Ento Capital is expanding its Assets Management to UK with launching of US$50 million Al Rajhi Legacy Fund. The Al Rajhi Legacy Fund is a closed ended Property fund with a committed capital by members of Saleh Al Rajhi[…]
Emaar Properties PJSC can stop new projects, which would relieve Dubai's over-supplied property sector but risk the company losing market share. Source link
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