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Bayut exclusive: Dubai areas with highest studio apartment yields

Studio apartments have always been the residence of choice among bachelors living in Dubai, but as the expat population of the emirate continues to rise, the units are increasingly being preferred by couples and newly-weds looking for affordable housing in the city. Such is the demand of these units that their average property yields go…

Dubai’s Burj Al Arab inspires tower in England

Meridian will be 11-storeys high A tower inspired by Dubai’s Burj Al Arab will is being built in England’s Plymouth city, according to a local news report. The so-called ‘Dubai-style tower’ planned for Plymouth’s waterfront is to be part of development named Meridian and will costing £40 million (Dh193 million), The Plymouth Herald reported. Taking…

Dubai Properties launches Bellevue Tower 2

Strong investor interest after launch of Bellevue Towers in June In response to the market demand, Dubai Properties (DP), has announced the launch of the second tower of Bellevue Towers for sale. The sought-after residential development has garnered huge investor interest and high customer demand after the iconic Bellevue Tower 1 was launched in June…

UAE moving towards brighter future

The UAE economic growth is expected to accelerate next year by more than four per cent a year until 2020 on high oil prices and Expo2020 related projects, a new report revealed on Saturday. Project activity in the country is forecast to recover in 2017 after a difficult 2016 on the back of a strong…