News
Do you remember the Dubai Star project in the upmarket Jumeirah Lakes Towers (JLT) cluster L? Chances are that you don’t. The 45-storey building was abandoned by its initial developer following the 2009-2010 global economic downturn. After reaching 40 per cent in the construction stage, the Dubai Star came to a grinding halt, putting more…
Dubai firm continues to maintain strong balance sheet with total assets at Dh60.4B Leading retail and leisure conglomerate Majid Al Futtaim reported on Wednesday an 8 per cent growth in revenue to Dh34.6 billion and a 9 per cent increase in earnings to Dh 4.6 billion for 2018. In a statement, the Dubai-based company said…
Lootah Real Estate Development says The Waves offers a total of 135 units in Jumeirah Village Circle UAE-based Lootah Real Estate Development has announced the on-time completion and handover of its latest residential project in Jumeirah Village Circle. The announcement came during the handover ceremony for The Waves which was attended by Lootah’s top management…
Ticket prices will continue to be a key strategy for developers There is expected to be a spike in scheduled residential supply entering the UAE market ahead of Expo 2020, benefitting from the enhanced infrastructure, especially around the Metro expansion, estimates CBRE Menat. The consultancy expects 2019 to be a year of great opportunities for…
Owning a home is a keystone of wealth… both financial affluence and emotional security.