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Dubai Property Show wows Shanghai

Emirate has become star attraction for people around the world for its many features The Dubai Property Show opened to the public at the Shanghai World Expo Exhibition and Convention Centre on Friday, taking the emirate’s top properties to Chinese buyers. The three-day event was inaugurated by Majida Ali Rashid, assistant director-general of the Dubai…

Indians are biggest investors in UAE real estate market

Indian foreign investors top the UAE realty market with Dh12 billion worth of property transactions from 6,263 buyers. Indians have by far remained the most prolific foreign investors into Dubai realty. As per the data from Government of Dubai’s Land Department (DLD), the total real estate investments last year reached Dh91 billion from 55,928 investors….

Drake and Scull sells stake in One Palm

Drake & Scull International (DSI), a regional engineering and services leader, has signed a deal to sell its share in the One Palm development in Dubai, UAE, to Omniyat Properties. The One Palm development, a joint venture project between Omniyat Properties and DSI, was launched in 2014. The flagship project is located on the left…