dubai homeowners
Damac targets to operate 15,000 hotel rooms by 2021 Damac Hotels & Resorts, the hospitality arm of Damac, is looking to boost its current portfolio of around 1,700 hotel units over the next 3 years, with the aim of delivering 15,000 units by 2021. Speaking at the Arabian Travel Market, Damac chairman Hussain Sajwani said:…
Dubai communities with the happiest residents. People in communities with lots of green spaces and amenities seem to be the happiest residents in Dubai, while those in places that are constantly plagued by traffic and far from schools are the least happy. A new survey that asked respondents to rate their neighbourhood found that Emirates…
Landlords look at easy-pay rent schedules to retain tenants Faced with the prospect of losing tenants and ensuing property vacancies in a soft rental market, rigid payment frequencies of years past are giving way to more flexible rental schedules, suggests a Dubai property expert. For years leading up to 2008, landlords across the UAE demanded…
Emaar Hospitality Group hits 50-hotel milestone Emaar Hospitality Group (EHG) on Sunday announced that it had marked a historic milestone of 50 hotel projects in its portfolio. These include 35 upcoming projects in the UAE and international markets, as well as 15 hotels and serviced residences that are operational in Dubai. Speaking at Arabian Travel…
Owning a home is a keystone of wealth… both financial affluence and emotional security.