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Marasi Business Bay Promenade to open in November

Dubai Properties has announced that the Dhs1 billion Marasi Business Bay Promenade is on schedule to be opened in November 2016. More than 10km of the 12km promenade and surrounding infrastructure has been completed to date. The opening will coincide with the launch of the Dubai Water Canal being built by the Roads & Transport…

Bright spots are showing up in Dubai property

Transactional values are inching up and particularly in mid-market locations Dubai: For developers in Dubai planning launches, the numbers are starting to look right. Average transactional values are inching up going by official data for the third quarter. “Even though sales transaction volumes came down in the third quarter, which is expected during the quieter…

New handovers are spread out across Dubai

But the estimated 5,000 units in Q3 are not enough to tilt rental balance Dubai: Tenants on the lookout for new premises needn’t limit their search to clusters in New Dubai alone — there are new homes getting delivered in substantial numbers elsewhere in the city as well. According to JLL’s latest update, Wasl Oasis…

Starting a financial journey all over again

You will need to move past your shock and frustration Anyone who has lost life’s savings to a divorce settlement or investment in a stock market crash knows that starting over financially isn’t easy. But many people find themselves after many years of work and putting money aside in savings and investment having to do…