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Dubai: Meraas has completed the Dubai Arena façade, according to the developer, with the panelled structure now fully installed. Work on external infrastructure and landscaping, including paving and parking spaces, are also under way at the City Walk structure, while the company says that the finishing touches are being made to the first of 46…
A new digital payment service has been launched that will allow tenants to pay their rent through direct debit. It is likely to eliminate the need for post-dated rent cheques. Asteco has partnered with the National Bank of Fujairah and Direct Debit System to use direct debit as a digital solution for all parties in…
Has the concern on affordability been fully addressed in Dubai? We have seen new projects launched at lower price points, unit sizes becoming smaller (or more “efficient”) and more investor-friendly payment plans consisting of post-handover collections. Urbanisation is rapidly taking place, with the city expanding towards Dubailand and the south. Developments in new locations and…
Dubai: Off-plan property sales in Dubai crossed 1,500 units in October for the first time since May (when it totalled 2,006 units sold) — though still not enough to bridge the gap between 2017’s stellar performance and this year’s. In the year to end October, off-plan transactions are down by 28 per cent — 14,475 units…
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