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Developer to build resort-style project for hospitality workers

Dubai developer wasl Asset Management Group has announced plans to build a project for hospitality workers ahead of Expo 2020. The real estate management and development firm will build a project in Warsan that will comprise of 26 buildings in a resort-style lay out that will, according to wasl, be distinguished from other developments by…

Dubai to enhance emirate with beautification projects

As part of Sheikh Mohammed’s plan to transform Dubai into an open-air art museum, Dubai has signed an agreement with a master developer to improve areas of the city through art projects. Brand Dubai, the creative arm of the Government of Dubai Media Office, and Nakheel have signed a Memorandum of Understanding (MoU) to collaborate…

Why Dubai is a hotspot for property investors

Properties in Dubai provide among the world’s best investor returns in terms of appreciation and rent From its beginnings as a fishing and pearling port, Dubai has morphed into a glittering global marvel today. It has defied the norms and defined the extraordinary to captivate the world. Glamour and grandeur have now been synonymous with…

Dubai hotels outshine region, post highest revenue, occupancy rates

Hospitality industry in Dubai recorded an increase in April across all key performance indicators, including the highest revenue per available room, as hotels across the Middle East North Africa (Mena) region experienced mixed results. In Dubai, hotels reported RevPAR of $273, an increase of 18.7 per cent in April compared to the same 2016 period,…