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There was quite a significant reaction to my last column regarding a structure that resembled something similar to what the US did with the RTC (Resolution Trust corporation) bailout of banks. Among the most critical responses included the “moral hazard” problem, where the government was stepping in and almost bailing out errant developers as well…
There are many Dubai communities where you can find a property at this price point. Prices of luxury property in Dubai are much more affordable when compared to global cities. For instance, $1 million can only fetch you 16 square metres of prime property in Monaco, 22sqm in Hong Kong, 29sqm in London, 99sqm in…
There will be a super-luxury residential element at the popular La Mer beachside destination in Dubai, as well as a 192-berth super-yacht marina. “The presence of a super-yacht marina will add a touch of class and ensure “Port de La Mer” is a worthy addition to our expanding real estate portfolio,” said Abdullah Al Habbai,…
We ask developers, brokers and parents how schools are an important determinant when house-hunting For most parents of schoolgoing children, an hour saved on the school run is quality time they’d rather spend with their kids around the breakfast table or on a much-needed weekday lie-in. With neighbourhoods and communities in Dubai becoming increasingly self-contained,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.