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Tall & twisted: Dubai has 20% of world’s supertall towers

  Dubai boasts of almost 20 per cent of the world’s tallest completed buildings. You of course know that Dubai is home to several skyscrapers and high-rise buildings. But did you know how many? The tall buildings and skyscrapers are subject of many a photograph, video, and even news headline. So how many are there…

DLD confirms new Dubai rent law awaiting committee nod

Sultan Butti Bin Mejren said $20.9 billion of transactions in Q1 indicates Dubai property market is “preparing for a new phase of momentum” Dubai Land Department on Monday confirmed it is working on a new rent law, which is awaiting clearance from the legislative committee. The primary aim of the law is to reduce the…

Dubai property market to ‘bottom out’ before end of 2017

The Burj Khalifa registered a 25 per cent drop in values in the last 12 months, making it the weakest performer across the city Dubai’s property market is stabilising and is on track to “bottom out” before the end of 2017, a new report by real estate consultancy Cluttons has found. While prices in the…