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‘Dubai-on-Thames’ welcomes Apple as its biggest office tenant

One of London’s most famous landmarks – and the the largest brick building in Europe – is about to get an injection of ultra-high tech glamour as Apple moves into the capital’s Battersea Power Station. The US technology juggernaut will be the largest office tenant at Battersea Power Station (BPS) occupying approximately 500,000 square feet,…

Take charge of your property inheritance

The Wills & Probate Registry will offer legislative clarity over your Dubai-based assets If you are a non-Muslim property investor in Dubai, you should consider registering a will with the Wills & Probate Registry, established under the jurisdiction of the DIFC Courts. It offers legislative certainty that your Dubai-based assets will be distributed as per…

Jafza remains the exception in subdued industrial realty

Warehouses there show gains while remaining flat elsewhere over weak demand Dubai: The Jebel Ali Free Zone remains the exception in what continues to be a subdued market for industrial real estate locations in Dubai over the first half the year. Warehousing properties there are recording year-on-year gains of around 3 per cent and have…

Dubai realty needs cure for project delays

Developers adjusting construction schedules to demand has compounded problem There is now a near consensus among market participants on two critical variables: first, the perceived overhang of supply has not been realised (as yet at least) and developers have been more responsive to price dynamics in this market cycle. And, two, the mid-market segment remains…