Sheikh Hamdan approves ‘Dubai Silk Road’ strategy

Sheikh Hamdan approves ‘Dubai Silk Road’ strategy

FLASH: The strategy includes 9 initiatives and 33 projects that will see the collaboration of several government entities Dubai has launched a new ‘Silk Road’ strategy that seeks to establish the Emirate as a global trade and logistics hub, it was announced Saturday. The strategy, approved by Dubai’s Crown Prince Sheikh Hamdan bin Mohammed bin […]

Dubai Property Market Sentiment Worse Than Last Year

Dubai Property Market Sentiment Worse Than Last Year

Dubai Property Market Sentiment Worse Than Last Year The Core Savills reveals that there were misconceptions about oversupply in the emirate but rents could continue to soften. Only about 33% of people in Dubai believe the Emirate’s property market has shown signs of recovery, indicating worse sentiment than last year, according to a survey by […]

Dubai Crocodile Park to Open in Soon

Dubai Crocodile Park to Open in Soon

Dubai Crocodile Park to Open in Soon The new attraction will features hundreds of Crocodiles, according to reports  he Arab world’s 1st Crocodile park is set to open in Dubai by the end of Y 2016, according to reports. In a tweet, Dubai Media Office said the park was 75% complete and confirmed the opening […]

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 […]

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 […]