Contractors for Expo 2020 works to be named soon

Infrastructure works will be completed in 2018, says top official Dubai: The initial works on the Expo 2020 site have commenced — with the land now ready and the Expo Dubai Bureau set to announce the names of contractors executing the infrastructure work. Najeeb Al Ali, executive director of Expo 2020, said: “We have an…

Dh5b-Dh10b bonanza awaits UAE construction sector

If plans come to fruition, a major turnaround for the economy could be in hand by the second half of 2017 Dubai: Dubai’s developers have shown the intent … next up they need to get it into project mode with an estimated Dh7 billion to Dh10 billion worth of contracts expected to be awarded in…

Nakheel launches Strata initiative to add value to Dubai properties

Master developer Nakheel has launched Nakheel Strata, a newly created owners’ association management business with the aim of adding value to its portfolio of properties in Dubai. Nakheel said Strata builds on its existing owners’ association (OA) management division, which currently oversees activities at Nakheel buildings on behalf of a nearly 70,000 people who either…

Cost of registering rent contract

Costs and rules vary from emirate to emirate It will cost Dh160 to register your tenancy contract on Ejari system in Dubai, while the cost for registration in the Tawtheeq system of Abu Dhabi is Dh100. Although very few landlords pay the fee, it is generally the tenant who bears the cost. But in Abu…