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Municipality meets with real estate developers in Dubai

Meeting attended by heads of sections, project coordinators, specialists and planners Dubai Municipality’s Planning Department recently organised a meeting with real estate developers in the emirate to discuss procedural improvements in the service of reviewing and approval of major urban projects. The meeting was organised based on the principle of participation of customers and effective…

Five Holdings launch hospitality-themed fund

The real estate investment trust will include promoter’s assets on the Palm and others Dubai: It’s turning out to be the year for “real estate investments trusts” in the UAE, with Five Holdings (formerly Skai) launching one dedicated to hospitality assets. The Dh2.1 billion Reit will club Five’s existing hotel developments, such as the Viceroy…

Buyers lining up for Dubai’s ready properties

First five months see strong support despite stiff competition from off-plan Dubai: Even ready properties in Dubai are getting right into the thick of sales action going by the numbers notched up in the first five months. If this interest in ready properties holds up even after summer, it will allay concerns in real estate…

Sobha Group launches more apartments in Hartland

Apartments in Hartland Aflux fall under the affordable luxury segment Sobha Group has announced the launch of Hartland Aflux in Sobha Hartland Greens phase three. More than 70 per cent of apartments in phases one and two of the development have already sold out. Apartments in Hartland Aflux fall under the affordable luxury segment. Hartland…