Dubai space centre wins with first ‘Passive House’ for hot climates

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The Mohammed bin Rashid Space Centre (MBRSC) Sustainable Autonomous House, the first of its kind “Passive House” for a hot and humid climate, has won the 2017 Mena Green Building Award under the category Green Residential Building. The awards attracted a large number of submissions from many institutions, companies, research centres and students from six[…]

Dubai Properties in three-way alliance for listings

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Dubai: Dubai Properties has entered a three-way alliance with Realopedia, the property marketplace, and Souq.com. The master developer will now list its inventory of freehold and leasehold units on these platforms. “The agreement will ultimately not only help us engage better with our existing customers, but also facilitate access to new and potential clients across[…]

Aldar to build twofour54’s Yas home

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The media and entertainment free zone twofour54 in Abu Dhabi said it has appointed Aldar Properties, the emirate’s biggest listed developer, to build its new home on Yas Island. The project is part of a Dh12 billion development of the southern part of Yas Island by the master developer Miral Asset Management. The first phase[…]

Dubai News | News Centre

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Sunday, May 21, 2017 Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA), has reinforced its position as the largest fund regime in the region at an event which highlighted how property funds and Real Estate Investment Trusts (REITs) are becoming increasingly popular and[…]

DIFC to become ‘hotspot for property funds, REITs’

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Dubai International Financial Centre (DIFC) has the potential to be the destination of choice for real estate investment trusts (REITs) and property funds in the Middle East and Africa (MEA) and South Asia region, said a top official. This follows recent successful launches by Emirates NBD REIT, which redomiciled from Jersey to DIFC, and Equitativa[…]

Brit property investor, 43, interrogated for three hours in Dubai jail after Emirates crew ‘falsely accused her of taking cocaine on plane’

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SNORTING MAD Caren Harmon was en route to Johannesburg from London for a friend’s engagement party A BRITISH property investor claims she was arrested in Dubai after cabin crew on her Emirates flight accused her of taking cocaine on the plane. Caren Harmon, 43, was en route from London to Johannesburg on May 9 when she[…]

Arabtec wins Dh1.46bn contract to build tower in Dubai

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Arabtec said it won a Dh1.46 billion contract to build the wasl Tower beside Dubai’s main highway. The mixed-use tower is being developed by Wasl Asset Management (Wasl) on a site at Sheikh Zayed Road on the opposite side to Dubai Mall. The 63-storey, 300m-high building, will house a Mandarin Oriental hotel and serviced residences,[…]

Dubai News | News Centre

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Sunday, May 21, 2017 Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA), has reinforced its position as the largest fund regime in the region at an event which highlighted how property funds and Real Estate Investment Trusts (REITs) are becoming increasingly popular and[…]