off-plan
The UK real estate consultancy Savills has “completed” the acquisition of Cluttons’ Middle East operations. Cluttons, which has had a presence in these markets for more than 40 years, operates seven offices in the Gulf and a staff of 190. The value of the deal has not been divulged. Post the acquisition, Cluttons will be…
The introduction of the Dubai Land Department’s Real Estate Self Transaction (REST) platform by 2020 will result in more streamlined and efficient property transactions as well as a consolidation in the brokerage business, experts say. A Dubai 10X initiative, the digital platform will automate all property transactions between the buyer and seller as well as…
MAG Lifestyle Development will launch two projects in Jumeirah Village Circle, which will cost Dh300 million to build. This is the first time the developer is entering this area. MAG 614 will be a 20-floor residential tower comprising 223 units, while the while the MAG 612 will be another 20-floor structure but with 144 units….
The Address Downtown has re-opened to hotel guests, nearly three years after a fire engulfed much of the building on New Year’s Eve 2015. Emaar, the hotel’s owner, says that the refurbishment brings with it new restaurants, additional rooms and suites, and a spa. Olivier Harnisch, chief executive officer of Emaar Hospitality Group, said in…
Owning a home is a keystone of wealth… both financial affluence and emotional security.