US theme parks operator Six Flags could still build a theme park in Saudi Arabia, after a directive issued by Dubai’s Ruler said Dubai Parks and Resorts would support any proposals to open a theme park in the kingdom. The directive from Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the company…
Dubai should revert to publishing quarterly updates in its rental calculator and introduce a citywide performance index to boost transparency in real estate markets, according to JLL’s Mena head of research, Craig Plumb. The property consultancy has just produced its biennial Global Real Estate Transparency Index, in which Dubai has climbed one place up its…
The award of the Dubai Metro extension contract is expected to be followed by a flurry of Expo 2020 contracts, providing much-needed relief for battered builders. The award of the Dh10.6 billion order comes as other major projects related to the expo also move forward. Reem Al Hashimy, the Minister of State for International Cooperation…
The completion of the Dubai Canal project over the next few months could help to transform the city by opening a waterway, currently stranded in Business Bay, for leisure use and by creating swathes of valuable new real estate. The 3.2-kilometre extension of Dubai Canal from Business Bay to the Arabian Gulf is progressing at…
Owning a home is a keystone of wealth… both financial affluence and emotional security.