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Dubai’s Media City among the most expensive tech districts

Lands the 13th spot by riding on high demand while London’s Shoreditch claims top spot The creation of new boutique offices as well as sustained demand for any available space has propelled Dubai Media City to be among the most expensive “tech districts” in the world. It currently ranks 13th with a prime average rent…

Dubai’s office skyscrapers still command sky-high rents

They rank 18th in the world despite seeing no change in 2017 first half Dubai: Don’t go looking for a cheap rental option in Dubai’s office skyscrapers — there aren’t any available. In fact, the city’s premium high-rise addresses command the 18th most expensive rents in the world, according to latest Knight Frank skyscraper index….

Emaar to build Dubai Harbour residences, hotel

Emaar Properties announced on Wednesday a mega project featuring residences and a hotel development at a waterfront location in Dubai Harbour. The new 10 million sqft development is located between Jumeirah Beach Residence and the Palm Jumeirah. “Emaar will focus on building a series of high-rise residential apartments overlooking the Arabian Gulf,” the developer of…

Dubai saw double digit growth in tourist numbers in H1

Visitors from Russia increased by 97.5 percent according to the Central Bank of the UAE The number of tourists visiting Dubai increased 10.9 percent during the first half of 2017. Abu Dhabi and Ras al-Khaimah recorded a 7.2 percent and 6.5 percent growth, respectively, according to the Central Bank of the UAE. The banking authority,…