Archive for October, 2018

Marriott opens new Aloft Hotel in Dubai South

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Marriott International has announced the opening of the design-led Aloft Dubai South, the Aloft brand’s fourth property to open in Dubai this year.  Developed by Radar Holdings, the vibrant new hotel is the first to open in Dubai South and will deliver a tech-forward approach and a modern style that is different by design to[…]

5 trends redefining the way you shop this year

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From enhanced in-store experiences to payment innovation, it has been an exploratory year for UAE retailers and consumers alike Nakheel Mall is one of several projects under construction that will deliver an additional 1.65 million sq m in retail space The current retail supply in Dubai has reached approximately 3.15 million sq m as per[…]

Ghanaian architecture firm, IAC wins top international awards

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General News of Sunday, 21 October 2018 Source: citinewsroom.com 2018-10-21 From left to right Mrs Eugenia Owusu, Principal Architect – Cecil Abbey and Architect – Ekua Cleland The just-ended Africa and Arabia Property Awards ceremony held in Dubai saw Incept Architectural consult, IAC, one of Ghana’s leading architectural firms winning two prestigious honours in the[…]

RTA to build Dh477 million bridges to Deira Islands

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Dubai: The Roads and Transport Authority (RTA) in Dubai, in coordination with property developer Nakheel, has awarded a contract for the construction of three bridges leading to Deira Islands. The bridges, which link with the existing bridge crossing the water canal, consist of six lanes in each direction and will be built at cost of[…]

Rate of Abu Dhabi property price falls slows in Q3

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Property prices are starting to stabilise in Abu Dhabi as the rate of declines slowed in the third quarter of 2018, according to a new report by Bayut. The real estate property portal said although prices have decreased on average for apartment rentals in the UAE capital, they have been modest for the most part.[…]

Dubai property purchase case: SHC sets aside acquittal of former NICL chairman | Pakistan | thenews.com.pk

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Dubai property purchase case: SHC sets aside acquittal of former NICL chairman KARACHI: The Sindh High Court on Friday set aside the acquittal of former chairman National Insurance Company Limited Ayaz Khan Niazi and other co-accused in NICL’s Dubai office property purchase case. The court ordered that the trial court shall proceed the case against[…]

7,500 Indians who own prime properties in Dubai under IT scanner

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Reuters Around 7,500 Indians who have bought properties in Dubai in the last few years are having sleepless nights after the Income Tax (IT) department launched an investigation into their high-end assets, reports The Indian Express. IT department’s Intelligence and Criminal Investigation (I&CI) wing is scrutinising data of Indians who have invested in real estate[…]