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Developer lowers ticket price to attract investors

Danube Lawnz

Developers are back at testing the waters after a relatively quiet first half of the year. While the first six months of 2018 saw developers launch 7,000 units in Dubai, this was a small number in comparison with the 19,975…

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Marriott international to operate Yas Island hotel

Aldar

Aldar Properties has appointed Marriott International to manage one of its most strategically located hotels on Yas Island overlooking the Formula 1 Abu Dhabi Grand Prix racetrack. In a statement on Wednesday, Aldar said Marriott International will assume operation of…

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Dubai’s premium penthouses: who’s buying?

Luxury

The sale of ultra-premium penthouses in Dubai has been on the rise over the past few years. Two of the most expensive units were sold last year — a 29,800-sq-ft penthouse at One Palm by Omniyat for Dh102 million and…

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