real estate market in Dubai
Rotana, an Abu Dhabi-based hotel management company, has signed two new hotel management agreements to that it says “further strengthen the company’s presence in the home region and expand its footprint into Europe.” Marking its latest offering in Dubai’s thriving hospitality market, Rotana is now officially managing Cayan Tower, a residential high-rise building in Dubai…
Arabtec Holding said that its wholly-owned subsidiary, Emirates Falcon Electromechanical Co. (EFECO) was awarded a Dh117 million project contract by Emaar Properties. The contract is for mechanical, electrical, and plumbing works of the Creek Horizon in Emaar’s Dubai Creek Harbour Development. The plot has a total built-up area of nearly 130,000 square metres, with the…
As we get to the halfway stage of the year, what is clear is that the real estate (and the equity markets as well) market thus far remains sluggish. While the recent suite of initiatives announced have evinced excitement among investment stakeholders, it is apparent that at this stage, despite the broad-based recovery in oil…
Azizi Developments, a leading private real estate developer operating in the UAE for over a decade, is on track to deliver its second largest project in the upcoming development of Al Furjan in the second half of 2018. The sprawling Azizi Plaza, a 508,195 sq ft project, consists of a total of 434 units of…
Owning a home is a keystone of wealth… both financial affluence and emotional security.