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Emaar expected to deliver Elie Saab tower by May 2023

lobby-Elie saab

The tower will include 1 to 3-bedroom apartments and four-bedroom penthouses with interiors by the prominent Lebanese fashion designer. Emaar Properties’ estimated completion date for the recently announced Elie Saab tower on Emaar Beachfront is May 2023, according to sales brochures issued by the Dubai-based real estate giant. Arabian Business reported last week that Emaar Properties…

Many developers seriously considering option to attract realty investors

As inventories across the property market rise, developers continue to look for ways to accelerate the offtake through various innovative schemes. The rent-to-own (RTO) model is one avenue that many developers are seriously considering and which is gaining some traction in certain segments. “We have already witnessed several developers offering RTO schemes and I would…

Dubai developers log in positive residential sales in 2019

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Led by Burj Khalifa developer, Emaar, several big players continued to dominate the sales of new properties in Dubai’s oversupplied market in early 2019, new data revealed. Dubai Hills Estate, Nakheel, Meraas, Damac Properties, Dubai Holding, Seven Tides International, Azizi Developments, and Danube Properties were the other major developers, who registered positive residential sales in…

Sharjah to build Dh2bn sustainable city

First phase of the solar-powered project will be completed by the last quarter of 2021 Sharjah Investment and Development Authority (Shurooq) in partnership with a Dubai real estate company, plans to build a Dh2 billion sustainable city, it said on Wednesday. Spread over 668,902 square metres, Sharjah Sustainable City will be completed in four different…