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Study ranks emirate 48th out of 109 markets worldwide in terms of real estate transparency Dubai has recorded continued progress and retained its position as the most transparent real estate market in the Middle East and North Africa (Mena) region, according to JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (Greti). The…
US theme parks operator Six Flags could still build a theme park in Saudi Arabia, after a directive issued by Dubai’s Ruler said Dubai Parks and Resorts would support any proposals to open a theme park in the kingdom. The directive from Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the company…
Dubai should revert to publishing quarterly updates in its rental calculator and introduce a citywide performance index to boost transparency in real estate markets, according to JLL’s Mena head of research, Craig Plumb. The property consultancy has just produced its biennial Global Real Estate Transparency Index, in which Dubai has climbed one place up its…
The award of the Dubai Metro extension contract is expected to be followed by a flurry of Expo 2020 contracts, providing much-needed relief for battered builders. The award of the Dh10.6 billion order comes as other major projects related to the expo also move forward. Reem Al Hashimy, the Minister of State for International Cooperation…
Owning a home is a keystone of wealth… both financial affluence and emotional security.