News
Viceroy Hotel Group (VHG) raised the curtains on March 31 to unveil Viceroy Palm Jumeirah Dubai, a stunning beachfront resort at the center of Dubai’s thriving hospitality landscape. Viceroy Palm Jumeirah Dubai is home to 477 rooms and suites, including 352 guestrooms, 85 suites and 40 hotel apartments located across 16 floors. Designed by Yabu…
Nakheel’s second hotel at Dubai’s Dragon City moved a step closer today with a construction contract worth Dh136 million handed to Al Ghurair Contracting and Engineering Works LLC. With a total project value of Dh176 million, the 304-room Premier Inn is one of 16 hotels in Nakheel’s Dh3 billion hospitality portfolio and part of a…
The Dubai Land Department revealed the results of real estate transactions during the first quarter of 2017. His Excellency Sultan Butti bin Mejren, Director General of Dubai Land Department announced the value of real estate transactions that reached Dh77 billion through 20 thousand real estate transactions. Dubai Land Department (DLD) hosted a media gathering as…
New supply and weak demand are putting downward pressure on rentals Rents in Dubai continued to drop in most Dubai communities in Q1 2017, with apartments in Discovery Gardens and The Views experiencing the steepest drops of seven per cent, followed by The Greens at five per cent, said real estate adviser Core Savills. “Looking…
Owning a home is a keystone of wealth… both financial affluence and emotional security.