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Dubai perfect example for GCC to follow journey towards diversification: IMF Raed Safadi, Chief Economic Advisor, DED, participating in a panel discussion at DED Talks, a knowledge exchange platform being organised by the Department of Economic Development (DED) said: “We have seen development here since late 60s. But the diversification started back then. It’s a…
Dubai Holding unveils over Dh1bn waterfront destination along Dubai Water Canal Dubai Properties Group (DPG), the real estate arm of Dubai Holding, on Tuesday launched Dh1 billion Marasi Business Bay on the stretch of the Dubai Water Canal that will house water homes, floating restaurants and beach club, and a 1,250 berth marina. Mohammad Abdulla…
Rent index says DIP, Outsource Zone are cheapest localities to rent The official Dubai rent index reveals the cheapest studio units to be available in Dubai Investment Park (DIP) and Dubai Outsource Zone. The index, issued by Real Estate Regulatory Agency, the regulatory arm of Dubai Land Department, puts rentals in the above two communities…
Dubai has emerged among the top 10 world-class cities based on economic performance and global connectedness and competitiveness, according to a new report by global real estate firm Savills. Describing Dubai as a rising world-class city, Savills’ 12 Cities report aims to capture the best features that make cities powerful and important real estate markets…
Owning a home is a keystone of wealth… both financial affluence and emotional security.