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Award-winning residences in Business Bay launched

Architects have already praised Ellington Properties’ DT1, which went on sale on Sunday Ellington Properties has launched a new boutique residential development in Business Bay, Dubai. DT1 has already won two awards for its innovative design, which features a façade reflecting the desert landscape and allows for plenty of natural sunlight inside. It is designed…

Where the UAE’s rich invest their millions

Ultra-wealthy have diversification, cross-border investment as top priorities in long-term growth strategy Super-rich private business owners, who account for the bulk of the private wealth in the UAE, have been putting diversification and cross-border investment opportunities as top priorities in their long-term growth strategy in the backdrop of the volatility in oil markets and slowdown…

Lifestyle? Returns? Gated communities offer them all

They offer far better returns and trade at a premium compared to non-gated counterparts Gated communities in Dubai offer far better returns for investors and trade at a premium compared to their non-gated counterparts, according to a recent report issued by Reidin-GCP. Gated communities are favoured both by end-users and investors mainly because of safety,…

Dubai house prices, rents bottoming out: analyst

Investors regaining interest as they now see Dubai a better-value option compared to other markets Dubai: After a three-year slump, house rents and prices in Dubai appear to have reached their lowest points, and investors are now increasingly interested in the market, according to a property analyst. Propertyfinder, in its latest report, said it looks…