best property in dubai
UAE developer Nakheel expects Dh1b hike in recurring income this year. With its next shopping and entertainment destinations all set to open, Nakheel expects to generate an additional Dh500 million to Dh1 billion in “recurring income” this year itself. These include The Pointe — the Dh800 million, 1.5km promenade on the Palm that will be…
Know when to sell: Should real estate investors wait until after 2020? Watching the Dubai property market as closely as I do, it’s easy to see that almost anything can influence it. Even a single event can affect property prices, buyer numbers and the interests of those buyers. In 2020, Dubai will be hosting the…
Nakheel awards Dh595m contract for Nad Al Sheba Mall. Nakheel has awarded a contract of Dh595 million for the Nad Al Sheba Mall, a 1.4 million square foot facility that has a total development value of Dh825 million. Metac General Contracting Co will build the mall, which will have 200 shops, restaurants and entertainment outlets…
Arabtec profits more than triple to Dh63.6m. Arabtec Holding saw its profits more than triple in the first quarter of 2018 to reach Dh63.6 million, up from Dh17.6 million in the same quarter last year. The jump came as the Dubai-listed construction company continues to implement a turnaround plan and as profit margins increased in…
Owning a home is a keystone of wealth… both financial affluence and emotional security.