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dubailand

Drake & Scull swings to profit in Q1 2018

Drake and skull profits

Drake & Scull swings to profit in Q1 2018 Drake & Scull International (DSI) posted a net profit of Dh7 million for the first quarter of 2018 compared to a net loss of Dh839 million during the same period last year. The company attributed the improved results to the positive momentum achieved during the first…

Buy or rent a home in Dubai?

Buy or Rent home in Dubai

Buy or rent a home in Dubai? Residential rents in Dubai are now more than 15 to 20 per cent lower than peak levels in 2015 while sales prices are also fall in affordable category with increasing supply of residential units, says a latest report. With the onset of an early Ramadan followed by summer,…

Homes with a touch of opulence

opulent villas in Dubai

Homes with a touch of opulence Choosing some of the most expensive luxury real estate in Dubai can be a tricky process. The city is home to gorgeous penthouses, stunning beachfront homes and richly designed villas. As difficult as the choice is, we have managed to narrow down our five favourite properties in the luxury…

Why construction industry is booming in Dubai

Construction industry in Dubai

Why construction industry is booming in Dubai? The cost of construction in the UAE is lower than most – if not all – developed cities mainly due to intense competition and low wages in the construction industry, a new report reveals. According to a report by the UK-based construction services firm Turner & Townsend, Dubai…