News
Funds will be used to build a signature property on Dubai Water Canal Dubai-based Omniyat has signed a financing facility with Ajman Bank for Dh500 million, which will be used for the construction of a mixed-use project at Dubai Water Canal in Business Bay. The project is a partnership between Omniyat, Saudi Arabia’s Rashed Al…
Prime Dubai property prices forecast to rise in 2018 Knight Frank predicts modest 1% increase; says Expo 2020 investment to drive demand higher Prices of prime residential property in Dubai are forecast to see a modest 1 percent rise during 2018, according to consultants Knight Frank. In a new research note, the real estate advisor…
Chinese developer in no rush to launch off-plan sales in Dubai Oriental Pearls wants to reach key project milestones at its Dh21b development first A new developer to Dubai, backed by Chinese investors out of Hong Kong, is taking a different sales approach to its first project — a Dh21 billion residential community at Meydan….
Saudi Arabia’s biggest developer goes for tall in Dubai Dar Al Arkan launches 34-storey tower on Canal’s edge and with an Italian connection Saudi Arabia’s biggest developer has launched a Dh800 million tower project in Dubai … for Saudi buyers. And it’s even got an Italian connection. Dar Al Arkan, which has a market capitalisation…
Owning a home is a keystone of wealth… both financial affluence and emotional security.