Dubai’s property market is stabilising and is on track to “bottom out” before the end of 2017, a new report by real estate consultancy Cluttons has found. While prices in the residential market continued to drop in the first quarter of the year, the …
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Dubai Real Estate Market on Course to Stabilize during 2017
A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market ‘bottoming out’ before the end of 2017, according to leading international real estate consultancy, Cluttons.
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Abu Dhabi’s Plowing Ahead With These 10 Mega Projects During an Oil Slump
Abu Dhabi, which sits on about 6 percent of the world’s oil reserves, has pushed ahead with a construction program that began before crude prices slumped in 2014. From a branch of Paris’s Louvre museum, a new airport terminal and a nuclear power plant …
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DO NOT PUBLISH- Abu Dhabi’s Plowing Ahead With These 10 Mega Projects During an Oil Slump
Abu Dhabi, which sits on about 6 percent of the world’s oil reserves, has pushed ahead with a construction program that began before crude prices slumped in 2014. From a branch of Paris’s Louvre museum, a new airport terminal and a nuclear power plant …
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Large fire burns in Dubai near site of dramatic 2015 blaze
A large fire broke out early Sunday at a high-rise complex under construction near Dubai’s largest shopping mall, sending thick gray smoke billowing over the heart of the city. The site is next to the Dubai Mall and near the 63-story The Address Downtown …
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Building near Dubai Mall catches fire
“It was around 5.40am that we saw the fire. At first look we thought it was Dubai Mall that caught fire and we were in shock,” Jaseem told Gulf News. He said soon they realised it was a nearby building under construction that caught fire. “I think the fire …
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Rise in UAE trailer accidents prompts training review
… focusing on specialised skills required to drive heavy trailers and tankers will become mandatory in Dubai from the end of this year, Gulf News can confirm. The Roads and Transport Authority (RTA) has already introduced an additional theory class for …
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Shanghai Delighted by Dubai Property Show
Shanghai World Expo Exhibition hosted the Dubai Property Show. It was opened for the general public at the Convention Centre on Friday, 24th March, taking the emirate’s top properties to Chinese buyers. Majida Ali Rashid, assistant director-general of …
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Al Gergawi: Strong leadership, innovation make UAE a success
Abu Dhabi: The UAE is well-placed to tackle challenges thanks to the strong foundations laid down by its leaders and the culture of innovation they have fostered, Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, said. He was …
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Passengers on WestJet, Emirates flights may have been exposed to measles
The news release said members of the public may have been exposed … They included: Emirates Airlines flight EK517, which departed Delhi, India March 19 at 4:12 p.m. and arrived in Dubai, United Arab Emirates at 6:13 p.m., and Emirates Airlines flight …
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Cityscape Abu Dhabi returns with clear message from developers
With sales permitted directly from exhibitor stands for the third year running, in accordance with the rules and regulations administered by the Abu Dhabi Urban Planning Council (UPC), a host of new property developers have confirmed their participation at …
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Dubai Property unveils Mudon Views
Dubai Properties (DP) has announced the launch of Mudon Views, within Mudon residential master community in Dubailand. The launch comes amidst growing demand for high return real estate investments in the expanding Dubailand district in Dubai. The first …
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Picture this: Dubai begins GOLD-PLATING £35m frame, half the height of the Eiffel Tower designed to offer the perfect view
Construction on the attraction started in 2013, and authorities are now installing the final details, like the gold stainless steel cladding, according to Gulf News. According to a statement from the Dubai Municipality, The Frame will be ‘an important …
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Abu Dhabi’s Taqa Books Biggest Loss Ever On Oil Assets Write-Down
Low oil prices have been not only weighing heavily on the financials of western oil majors, but also led to Abu Dhabi National Energy Company — also known as Taqa — writing down billions of dollars worth of oil and gas assets that resulted in a huge loss …
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Dubai’s newest landmark shines in gold
Dubai: Have you seen the latest development with the Dubai Frame? Motorists driving along Shaikh Zayed Road may have noticed that the city’s newest landmark was recently covered in in gold cladding. @dream.blu how deep is the blue? ⚫⚪⚫⚪⚫ # …
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Dubai mulls reducing speed limits on two key highways
RTA and Dubai Police are discussing the possibility of reducing speed limits on Sheikh Mohammed bin Zayed Road and Emirates Road. Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA …
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Dubai Airports launches blog to help passengers
Reflecting its goal to inform, engage and inspire passengers, Dubai Airports has launched Connect – a consumer blog for travellers and aviation fans – in addition to completing a major website revamp. As well as publishing the latest news from Dubai …
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