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off-plan

Homes with a touch of opulence

opulent villas in Dubai

Homes with a touch of opulence Choosing some of the most expensive luxury real estate in Dubai can be a tricky process. The city is home to gorgeous penthouses, stunning beachfront homes and richly designed villas. As difficult as the choice is, we have managed to narrow down our five favourite properties in the luxury…

Why construction industry is booming in Dubai

Construction industry in Dubai

Why construction industry is booming in Dubai? The cost of construction in the UAE is lower than most – if not all – developed cities mainly due to intense competition and low wages in the construction industry, a new report reveals. According to a report by the UK-based construction services firm Turner & Townsend, Dubai…

Dubai developers stuck in slow mode on handovers

Dubai offplans

Dubai developers stuck in slow mode on handovers. Developers in Dubai are in no rush … to finish their projects and hand over the new homes. In the first five months, just over 6,000 new units were ready and it looks like the full year will see about 21,500 units being delivered, according to the…

Investors in Dubai’s real estate stricken with short-termism

Home in Dubai

Investors in Dubai’s real estate stricken with short-termism. In light of market turbulence and increased anxiety, the question most often put forth has been: is there any reason to be increasingly bullish in light of the uncertainty that permeates the economic environment? From real estate to stocks to retail, indicators point to continued sluggishness, and…