New Construction Boom in Dubai

The Villa Dubai 1

After a period of relative moderation, Dubai has regained the confidence to launch new mega projects. Encouraged by ambitious prospects of World Expo 2020, pressuring need for affordable housing and ever expanding expat population, construction activity is bustling at full speed in the emirate. Time Heals A popular belief generalises “Time heals all wounds.” The […]

New Development in DIFC Likely to Open by 2018

A brand-new office tower will be built in Dubai’s financial district, Dubai International Financial Centre by 2018, according to a report. The $1 billion development comes thanks to the partnership between Investment Corporation of Dubai – the emirate’s sovereign wealth fund, and Canadian property manager Brookfield. The new office complex, called ICD Brookfield Place, will […]

Climate-Defying Projects Become Newest Hit in Dubai

5-bedroom villas on The Palm

Dubai’s climate is not really that much tourist-friendly. The emirate has a tropical desert climate which means that the summers are very hot and humid. In addition, the rainfalls are short and irregular. That is why, over the last few years, Dubai is heavily investing in various climate-defying projects that often overshadow even the city’s […]

Companies behind London Olympics Won Dubai Expo 2020 Contract

An international consortium, led by US-based CH2M HILL and UK-based Mace, will deliver the construction components for the Dubai Trade Centre Jebel Ali development. The two companies that won Dubai’s World Expo 2020 contract were involved in the construction of the 2012 London Olympic Games. An official statement confirmed that Dubai World Trade Centre (DWTC) […]

Most Expensive Cities to Build Worldwide

Tower 3-construction

The world’s most expensive cities to build and a few locations where the cosntruction cost is very high have been outlined by a new research, which is based on a comparative cost assessment. It examined the construction costs in a total of 43 locations and focused on 13 types of buildings. The most expensive location […]