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Memo to Dubai Property Festival exhibitors: no discount, no entry

Dubai property festival

Memo to Dubai Property Festival exhibitors: no discount, no entry The Dubai Land Department (DLD) describes next week’s Dubai Property Festival (DPF) a “mega property sale” — rightfully so. In fact, anyone intending to purchase property at the three-day event is virtually guaranteed of a discount, which may come in different forms, shapes and sizes….

A New York lifestyle in JLT

The residences

A New York lifestyle in JLT As much as being a niche development, the Residences occupies a unique spot at the northern end of Jumeirah Lakes Towers (JLT). Unlike most buildings in the community, The Residences does not share a cluster or podium with other buildings and the apartments sit uniquely on top of a…

Moving away from an offplan fuelled market dynamic

offplan

Moving away from an offplan fuelled market dynamic In the early 1980s, the development boom in Manhattan ushered in a new concept for the city. Known as pre-selling, it led to increasingly imaginative ways as developers resorted to tactics ranging from locked-in monthly payments to guaranteed rentals and even discounts in the form of a…

Middle East’s ultra-wealthy want to keep buying properties

investors

Middle East’s ultra-wealthy want to keep buying properties There is no holding back the Middle East’s wealthy investors when it comes to picking up more properties for their portfolios. In fact, the region has the highest number of ultra-high net worth investors among all regions when it comes to buying a home this year, with…