Panic stirs as Dubai 78-story residential building catches fire

Fire incidents have happened several times in Dubai's high rise buildings in recent years, pushing insurance costs higher for apartments and property in general in the Gulf Arab sheikhdom. DUBAI, Aug. 6 (Xinhua) -- A blaze was reported early Sunday in the ... ( read original story ...)

ENBD REIT Acquires First Education Asset In Dubai

ENBD REIT (CEIC) Limited (“ENBD REIT”), the Nasdaq Dubai-listed Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management, announces that it has acquired South View School in Dubai’s Remraam Community. South View ... ( read original story ...)

Dubai Torch Tower blaze puts (re)insurers on watch

(Re)insurers are set to be hit with more claims from skyscraper fires in Dubai after the Torch Tower caught fire yesterday ... causing damage to both the property and vehicles in the vicinity. The tower was fully evacuated during the incident and no ... ( read original story ...)

Dubai excites tourists with new offerings

Al Bandar Rotana and Al Bandar Arjaan by Rotana is another new addition to Dubai. Offering 190 luxurious rooms and suites, this modern and elegantly designed five-star property will provide individual experiences tailored for businesspeople, couples and ... ( read original story ...)

On The Market: 1 Bed Apartment in Jumeirah Village Circle

A 1 bed apartment in Jumeirah Village circle is a popular choice amongst expatriates in Dubai, because the district is home of newly built residential buildings that offer comfortable homes with convenient recreational facilities. If the featured property ... ( read original story ...)

Blaze rips through Dubai skyscraper The Torch

Dubai first became a magnet for property investments when it opened the sector to foreigners in 2002, standing out in a region that largely confines freehold ownership to citizens. The value of property surged at breakneck speed until the global financial ... ( read original story ...)

On The Market: High Floor 2 Bed Apartment in Dubai Marina

A colorfully decorated 2 bed apartment in Dubai Marina has come up on the market for sale. The property is located on a high floor in the prestigious Elite Residence tower, situated at the beginning of the most popular in Dubai residential district. ( read original story ...)

UAE’s Aldar reports 5% growth in gross profit for H1 2017

... Aldar on track with Reem Island projects | Aldar reports net profit of $174.5m for Q1 2017 Abu Dhabi-headquartered developer, Aldaar Properties, has released its financial results for the first half of 2017. The company announced that its gross profit ... ( read original story ...)