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Dubai Offplans

Dubai second home supply set to surge

Luxury floating home

Dubai’s luxury second home market is gaining traction as the Kleindienst Group prepares to hand over properties this year. The developer of the Heart of Europe, a cluster of six islands on The World, will hand over 40 Floating Seahorse villas, 10 Beach Palaces on Sweden Island, 32 villas on Germany Island and launch the…

Enriching Dubai’s ‘third space’

Reem mall

As Dubai’s retail real estate footprint continues to aggressively expand, analysts say development efforts may be moving in the right direction, in tune with a global trend. The key: innovation, particularly in food and beverage (F&B) concepts. According to CBRE’s retail science research report, How Global is the business of retail, the continued success of…

Potential property owners in Abu Dhabi need to time their entry

Abudhabi

Property owners scouting in Abu Dhabi will need to get their timing absolutely right. Wait around and they could see property values spike as and when the full impact of the Dh50 billion stimulus package starts being felt by key sectors in the emirate. The package, announced in June, specifically addresses extended visa requirements as…