Emaar launches sale of premium apartments

Luxurious apartments overlooking the fairways of Emirates Golf Course

Newest project in The Views community is in line with Emaar’s strategy to develop premium real estate assets in Dubai

Sale of homes to begin on May 26 at Emaar Sales Centre in Emaar Square, Downtown Dubai

With a sterling track-record in developing premium real estate assets in Dubai, Emaar Properties PJSC is drawing on the increasing demand for high end apartments in the city with the launch of Panorama at The Views, a modern living environment designed for urban families. Read more

New residential project launched on Palm Jumeirah, Dubai

Developer adds more living and leisure options to flagship master planned community

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Old Town Dubai rents stable, plenty of availability

Rents in Dubai remain the same as in 2011

Growing supply of residential units

Despite the general optimism regarding the uplifting of  Dubai’s rental market, a quick review of Dubizzle’s classified pages, still re-assures residents who pay rents. Read more

Smart Choice: Rent a furnished apartment in Dubai

Living in a furnished apartment may come cheaper than renting unfurnished one independently

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Why rents in Dubai will not increase dramatically anytime soon

Rents in Dubai remain relatively unchanged

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Dubai’s office market remains competitive

The office sector in Dubai remains highly competitive despite a high levels of supply. It reached nearly 60m sq ft, with an additional 10m anticipated by the end of the 2012, according to Cluttons’ Q1 real estate market report. Read more

Emaar approaches contractors for two projects in Dubai

Emaar has announced plans to launch new projects in Dubai this year

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Abu Dhabi’s first private auction house to be largest in the region

Al Nowais Group and Jones Lang LaSalle MENA launch JLL Auctions

Joint Venture Partnership will create first industrial auctioneers acting under a private license within the Emirate of Abu Dhabi

Partners confident that the business will be the largest auction house in the region within five years, focussed across a number of core sectors

Jones Lang LaSalle, the world’s leading real estate investment and advisory firm, and the Al Nowais Group, one of the largest, most respected professional family businesses operating in the UAE, have today announced the launch of JLL Auctions , a Joint Venture Partnership owned and operated equally by both companies.

Headed by Patrick Ditcham, who has 25 years international valuation and auctioneering experience, the new business will be the first industrial auctioneers acting under a private license within the Emirate of Abu Dhabi with the ability to cover all sectors across the UAE and the broader GCC. Read more

Dubai is now sole owner of Atlantis

Atlantis The Palm, Dubai’s megaresort flagship has 1,537 rooms, a world class waterpark and 18 restaurants

Atlantis, The Palm Dubai is a best performing assets and one of Dubai’s landmark properties

Istithmar World PJSC, a subsidiary of Dubai World, has today confirmed the completion of the purchase of Kerzner International Holdings Limited’s 50% interest in Atlantis, The Palm in Dubai for $250 million, thus becoming the sole owner.

Atlantis The Palm, Dubai’s megaresort flagship has 1,537 rooms, a world class waterpark and 18 restaurants. The Resort has played an integral role in establishing Dubai as a world class tourist destination. Read more

Abu Dhabi expects new 23,900 residential units in 2012

Aggregate supply of residential units could still reach 236,700 units by the end of 2014

Approximately 2,800 residential units were delivered in Abu Dhabi during Q1, according to the latest report from Jones Lang LaSalle. These included additional units within Al Zeina and Al Muneera on Raha Beach, St. Regis Apartments on Saadiyat Island, apartments on Rawdhat and four towers on Marina Square, bringing total residential stock to approximately 196,900 residential units at the end of Q1 2012.

In addition, up to 23,900 units are scheduled for completion in 2012. Many of these projects are expected to experience further delays at the final stage of approval. Read more

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