Longer Visas for Dubai Property Investors Will Boost Market

Longer Visas for Dubai Property Investors Will Boost Market






Longer Visas for Dubai Property Investors Will Boost Market Issuing such visas will encourage a retirement market in Dubai Dubai’s real estate market could receive a boost from long-term investors if they are provided with longer-stay visas, experts say. Currently, the regulations for property visas in the UAE are rigorous and investors need to meet […]






Dubai Cityscape Global Real Estate Exhibition

Dubai Cityscape Global Real Estate Exhibition






Dubai Cityscape Global Real Estate Exhibition His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,on Tuesday toured the 15th Cityscape Global real estate exhibition which began today at Dubai World Trade Centre and will conclude on September 8. Some 272 exhibitors from more than […]






Dubai Opera, the country’s first opera house and multi-format theatre






At the heart of The Opera District is Dubai Opera, a 2,000-seat, multi-format performing arts venue which is set to captivate visitors when it opens in 2016. The design of Dubai Opera is deeply rooted in Dubai’s maritime history, with the Arabian dhow becoming the inspiration behind the architecture of the building. Dubai Opera will […]






Dubai: Palm Jebel Ali is a ‘Long-term’ Project

Dubai: Palm Jebel Ali is a ‘Long-term’ Project






Dubai: Palm Jebel Ali is a ‘Long-term’ Project Dubai developer Nakheel is planning to launch new projects in the emirate soon but some older developments remain on hold for the moment, according to its Chairman. The company, which announced last month that it had repaid all its debts following a massive restructuring program, has posted […]






Dubai’s Annual Property Exhibition ‘Cityscape’ Opens

Dubai’s Annual Property Exhibition ‘Cityscape’ Opens






Dubai’s Annual Property Exhibition ‘Cityscape’ Opens All the news and gossip from the real estate show which runs from 6-8 September at Dubai World Trade Centre 5:30pm With several huge and prominent displays (the Jumeirah Central stand was constantly crowded), Cityscape usually called a barometer of Dubai’s property market, certainly appeared optimistic this year. While […]






Dubai Real Estate May Become as Unaffordable as London

Dubai Real Estate May Become as Unaffordable as London






Dubai Real Estate May Become as Unaffordable as London Residents could be permanently priced out of the market, according to Cluttons Dubai is at risk of becoming as unaffordable for local residents as parts of the UK capital London unless cheaper property is provided, according to Cluttons. Faisal Durrani, the property consultancy’s head of research, […]






Dubai Opera Opens to Public

Dubai Opera Opens to Public






Dubai Opera Opens to Public Dubai Opera will offer a diverse year-round program of concerts and events Placido Domingo sang at a sold-out Dubai Opera Wednesday evening, starting a diverse year-round program of concerts and events designed to appeal to Dubai’s cosmopolitan residents and visitors. A media preview was held Tuesday, coinciding with the dress […]






Dubai Gold and Commodities Exchange is Booming

Dubai Gold and Commodities Exchange is Booming






Records the highest Year-To-Date volumes since inception, growing 43% from last year. Records the highest Open Interest positions on 29th August valued at over US$ 8 billion. Introduced extremely low-latency solutions for overseas market participants. Now provides full-depth market data to support sophisticated trading strategies. Volumes on the Dubai Gold and Commodities Exchange (DGCX) touched […]






Gulf Millionaires to Invest in Dubai Real Estate Over London in 2017

Gulf Millionaires to Invest in Dubai Real Estate Over London in 2017






Gulf Millionaires to Invest in Dubai Real Estate Over London in 2017 Cluttons forecast places Paris and Doha alongside UK capital, Toronto the 3rd choice Dubai’s real estate market is set to overtake the international destinations of London, New York and Singapore as the top choice for GCC wealthiest investors next year, a new report reveals. […]






Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs

Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs






Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs Opportunities for SME participation extend beyond the physical expo site and six-month duration of the event, according to Expo 2020 Dubai has announced that 20% of direct and indirect spending on the Expo 2020 event will be allocated to small and medium enterprises. Under the […]






Six Flags Plans World’s Biggest Roller Coaster in Dubai

Six Flags Plans World’s Biggest Roller Coaster in Dubai






Six Flags Plans World’s Biggest Roller Coaster in Dubai $SIX The Six Flags (NYSE:SIX) theme park is coming up within Dubai Parks and Resorts The upcoming Six Flags theme park in Dubai could house the world’s biggest roller coaster, according to reports. The theme park, coming up within the Dubai Parks and Resorts complex, is […]






Dubai Real Estate Report

Dubai Real Estate Report






Dubai Real Estate Report The Dubai civic body has launched a complete electronic platform to ease transactions for under construction projects. Building Department officials at the Dubai Municipality said the electronic system allows building consultants and contractors to finish all procedures online without the need to visit municipality offices. Recent figures showed that there are […]






Dubai Real Estate: Dubai Mall and Emaar Malls are Outperforming






Dubai Real Estate: Dubai Mall and Emaar Malls are Outperforming Dubai Mall recorded 80 million visitor arrivals in 2015. Various Emaar malls together received more than 124 million visitors, registering an increase of 9 per cent compared to 2014. ‘The shopping malls business will gain further traction with the launch of a dedicated Retail District […]






Dubai, Abu Dhabi Apartment Rents Fall in July

Dubai, Abu Dhabi Apartment Rents Fall in July






Dubai, Abu Dhabi Apartment Rents Fall in July $JJL Declines were recorded for all apartment unit sizes last month, according to Bayut.com Apartment rents in Dubai and Abu declined an average of 2 and 6% respectively in July from 1-H of the year, according to Bayut.com. In its monthly report, the property site said the […]






Dubai’s Real Estate Prices Expected to Rise in “Coming Months”

Dubai’s Real Estate Prices Expected to Rise in “Coming Months”






Dubai’s Real Estate Prices Expected to Rise in “Coming Months” Growth will be driven by the Emirate’s ‘Landmark’ Project, Khalalaf Al Habtoor said  Property prices in Dubai will increase in the “coming months” despite the current stagnation in the market, businessman Khalaf Al Habtoor predicts. Prices will increase due to heightened demand for landmark projects […]






Emirates Chairman Sheikh Ahmed on EK521 Accident

Emirates Chairman Sheikh Ahmed on EK521 Accident






Emirates Chairman Sheikh Ahmed on EK521 Accident Emirates flight EK521 crash landed in Dubai airport with 300 people onboard Emirates Chairman and CEO Sheikh Ahmed bin Saeed Al Maktoum has confirmed that all 300 people onboard the Emirates EK521 aircraft which crash-landed Wednesday are safe. Flight EK521, operating from the Indian city of Thiruvananthapuram to […]






UAE Remains a Hot Investment Destination

UAE Remains a Hot Investment Destination






UAE Remains a Hot Investment Destination The UAE has maintained its position as a top investment destination for citizens of the Gulf Cooperation Council, GCC, with 1,899 new licenses granted to GCC citizens to practice economic activities during 2015, leading to a total of 19,803 licenses by the end of 2015. Commercial licenses made the […]






Saudi Arabia is Buying Gold

Saudi Arabia is Buying Gold






Saudi Arabia is Buying Gold Reinforcing the bullish view HEFFX has on Gold, Saudi Arabia seems to be stepping up their Gold acquisitions. A recently-released Dubai Chamber of Commerce and Industry special report has revealed that the UAE is becoming increasingly competitive in Saudi Arabia’s import market, as the Kingdom constitutes the 2nd largest destination […]






Gold Trading in Dubai Hits New Record

Gold Trading in Dubai Hits New Record






Gold Trading in Dubai Hits New Record Volumes on the Dubai Gold and Commodities Exchange (DGCX) crossed over 11Mn contracts this year, growing 49% from last year. The overall volumes in July 2016 touched 1,674,268 contracts, registering a massive year-on-year(Y-O-Y) increase of 47%, driven largely by elevated trade volumes across precious metals, currencies, equities and […]






Dubai Financial Market (DFM) Outlook

Dubai Financial Market (DFM) Outlook






Dubai Financial Market (DFM) Outlook HEFFX Notes Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 3,415.48. The projected upper bound is: 3,570.56. The projected lower bound is: 3,378.02. The projected closing price is: 3,474.29. DFM MAIN […]






Testing Being Done to Check Safety of Emaar’s New ‘Tallest’ Dubai Tower

Testing Being Done to Check Safety of Emaar’s New ‘Tallest’ Dubai Tower






Testing Being Done to Check Safety of Emaar’s New ‘Tallest’ Dubai Tower When ready, The Tower at Dubai Creek Harbour will be 100 metres taller than the Burj Khalifa Dubai developer Emaar Properties has completed advanced wind tunnel tests to check the structural strength and durability of its new upcoming super-tall tower in Dubai, it […]






Dubai Real Estate Investment + 7.5% in 1-H

Dubai Real Estate Investment + 7.5% in 1-H






Dubai Real Estate Investment + 7.5% in 1-H Emirati and Indian investors led the real estate investment market, according to DLD  Total real estate investment in Dubai increased 7.555 Y-Y to Dhs 57-B ($15.5-B) in 1-H of Y 2016, according to the emirate’s land department. Investment in the emirate’s property market totalled Dhs 53-B ($1.44-B) […]






Dubai Business Conditions Improved in June

Dubai Business Conditions Improved in June






Dubai Business Conditions Improved in June The Emirate saw the fastest rise in new work since March 2015, according to the Emirates NBD index  Dubai’s private sector posted stronger growth in June, mainly due to improving business conditions in the travel and tourism and wholesale and retail sectors, according to the monthly Emirates NBD index. […]






Dubai Real Estate Transparency Improved

Dubai Real Estate Transparency Improved






Dubai Real Estate Transparency Improved $JLL JLL report awards city ‘semi transparent’ status and the most in the Middle East Dubai needs to introduce a citywide performance index if it is to improve the property market’s transparency, according to JLL MENA. In its biennial Global Real Estate Transparency Index, JLL (NYSE:JLL) ranked Dubai 48th out of […]






Qatar Plans Zones w/Tax Incentives to lure Overseas Investors

Qatar Plans Zones w/Tax Incentives to lure Overseas Investors






Qatar Plans Zones w/Tax Incentives to lure Overseas Investors Qatar is seeking to draw in more foreign investors and cut its dependence on gas revenues by setting up special economic zones that will allow for 100% overseas ownership. The world’s top LNG exporter is one of the richest countries per capita but faces a projected […]






China Still is Dubai’s #1 Trading Partner

China Still is Dubai’s #1 Trading Partner






China Still is Dubai’s #1 Trading Partner China topped Dubai’s trading partners with bi-lateral trade totaling 39-B dirham (US$10.6-B) in Q-1 of Y 2016, Dubai Customs said Monday. India followed in 2nd place with 24-B dirham (US$6.5-B) worth of trade. The United States came 3rd with 22-B dirham (US$6-B). China became Dubai’s biggest trade partner […]






Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle






Dubai Property Plateau Suggests End to Down Cycle The monthly ValuStrat Price Index indicates the ‘bottoming-out’ of Dubai residential real estate prices Dubai residential real estate prices may have bottomed out after plateauing in May 2016, according to the property consultancy firm ValuStrat.The company said prices stabilised in April and May after almost 2 years […]






Bollywood Parks Dubai Reveals Attractions and Ticket Prices

Bollywood Parks Dubai Reveals Attractions and Ticket Prices






Bollywood Parks Dubai Reveals Attractions and Ticket Prices The world’s 1st Bollywood-themed park will open in October 2016 Bollywood Parks Dubai, a part of the upcoming theme park complex Dubai Parks and Resorts has revealed details about the attractions and rides that it will host. The world’s 1st Bollywood themed park, it will open along […]






Water Homes is Part of Dubai Mega Project

Water Homes is Part of Dubai Mega Project






Water Homes is Part of Dubai Mega Project The project, called Marasi Business Bay, will be developed by Dubai Properties State-owned conglomerate Dubai Holding has announced a new Dhs 1-B project in Business Bay which will be developed by its real estate arm, Dubai Properties Group. Called Marasi Business Bay, the waterfront development will extend […]






Setting Up Business in Dubai Design District

Setting Up Business in Dubai Design District






Setting Up Business in Dubai Design District With world class facilities and smart initiatives, d3 is calling creative people across world Dubai is known for its unique sky scrapers, beautiful beaches and luxurious hotels. Now Dubai wants to become the design capital of the world. Dubai Design District, popularly known as d3, is calling designers […]






Gulf Borrowers Turn to Private Bonds, Sales Surge

Gulf Borrowers Turn to Private Bonds, Sales Surge






Gulf Borrowers Turn to Private Bonds, Sales Surge Gulf bond sales have increased by 33% so far this year Gulf borrowers are increasingly turning to privately-placed sovereign bonds for funding following a 32% rise in YTD sales, according to reports. Private transactions are seen as a means of avoiding public documentation and the marketing process […]






Dubai’s Expo 2020 Masterplan

Dubai’s Expo 2020 Masterplan






Dubai’s Expo 2020 Masterplan The 438-hectare site in Jebel Ali will be divided into several sections The Masterplan of the upcoming Expo 2020 Dubai was revealed last week at the Arab Media Forum, explaining the overall structure of the massive site. The exhibition area within the 438-hectare site in Jebel Ali will include a 2 […]






Dubai Headed to a Period of Accelerated Growth

Dubai Headed to a Period of Accelerated Growth






Dubai Headed to a Period of Accelerated Growth Dubai is weathering the Crude Oil-led economic slowdown afflicting its GCC neighbors and will enter a period of “rapid acceleration” in the buildup to the Expo 2020 trade fair, the International Monetary Fund says. Speaking to the media, the IMF’s mission chief for the UAE, Zeine Zeidane, […]






Dubai Buildings to be Given Star Ratings

Dubai Buildings to be Given Star Ratings






Dubai Buildings to be Given Star Ratings The new Star system being developed by the Emirate’s land department aims to simplify rental and service charge calculations Properties in Dubai will be subject to a new Star rating system under plans announced by the Emirate’s land department, a DLD statement confirming the move. It said Dubai’s buildings […]






Strong Demand in Dubai’s Prime Office Market

Strong Demand in Dubai’s Prime Office Market






Strong Demand in Dubai’s Prime Office Market CBRE said demand outstripped supply in some office locations despite a general decline across the market Despite declines in Dubai’s residential market, demand is outstripping supply for office space in certain areas, according to consultancy firm CBRE. Average office rentals declined 2% on average during Q-1 but the company said […]






Top Locations for Renting, Buying Property in Dubai & Abu Dhabi

Top Locations for Renting, Buying Property in Dubai & Abu Dhabi






Top Locations for Renting, Buying Property in Dubai & Abu Dhabi Despite price declines, yields remained high in both Emirates UAE real estate markets were stable in Q-1 of Y 2016 as major developers continued to launch mega projects, according to property site www.Bayut.com  The company said there were welcome signs of recovery in the […]






No-fly Zone Introduced In Dubai

No-fly Zone Introduced In Dubai






No-fly Zone Introduced In Dubai Dubai’s Civil Aviation Authority has introduced No-fly zones for drones banning the use of the devices near all Airports and Royal Palaces. A DCAA official said the demarcation of Red and Green zones follows an incident last year when a drone was flown into the airspace around Dubai International Airport. […]






Damac Properties Reveals its Aykon Daredevil Attraction

Damac Properties Reveals its Aykon Daredevil Attraction






Damac Properties Reveals its Aykon Daredevil Attraction The development will allow daredevils to venture to the edge of the roof in just a harness Dubai property developer Damac has revealed more details about its adrenaline-fueled project Aykon Dare, which allows daredevil visitors to lean over the edge of the roofline. The 1st-of-its-kind tourist attraction will […]






Emaar Hospitality Plans 35 New Hotels and Residences

Emaar Hospitality Plans 35 New Hotels and Residences






Emaar Hospitality Plans 35 New Hotels and Residences Dubai property giant to add 14 hotels and 11 serviced apartments to portfolio Dubai property developer Emaar’s hospitality unit has unveiled plans to launch 35 new hotels and serviced residences under its Address, VIda and Rove brands. Under the plans, the company will add 14 new hotels […]






Dubai: IMG Worlds of Adventure Opens in August

Dubai: IMG Worlds of Adventure Opens in August






Dubai: IMG Worlds of Adventure Opens in August The attraction will open several months ahead of rival Dubai Parks and Resorts Dubai’s $1-B indoor theme park IMG Worlds of Adventure will open its doors Monday, 15 August, the company’s owners Ilyas and Mustafa Galadari Group confirmed Sunday. The park, which will include 20 rides and […]






Kris Jenner to Launch Business School in Dubai

Kris Jenner to Launch Business School in Dubai






Kris Jenner to Launch Business School in Dubai The Kardashian Matriarch plans to set up school 1st in New York, then the UAE Television star Kris Jenner is setting up to launch a Legacy business school in the United Arab Emirates (UAE). The mother to the Kardashian children came to Dubai to launch the school, which opens […]






Major Seychelles Developer Eyes UAE Property Investors

Major Seychelles Developer Eyes UAE Property Investors






Major Seychelles Developer Eyes UAE Property Investors Just under 10% of Eden Island investors are from the GCC The island nation of Seychelles remains an attractive destination for property investors from the Gulf Cooperation Council (GCC), especially those from the United Arab Emirates (UAE), according to one of its biggest developers. Located 200 metres from […]