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Dubai in line for world’s first rotating skyscraper

Dubai is full of jaw-dropping views from its myriad of skyscrapers, but for those who demand a fresh panorama without moving to a new home there could be a solution. First announced back in 2008 before being put on hold, Dynamic Architecture’s rotating skyscraper project has been rekindled. The idea is that the building, known…

Dubai reiterates strict rules on marketing overseas property

Land Department circular intended to protect residents interested in making real estate investments outside the UAE Dubai: The Dubai Land Department has repeated its directive on how overseas properties should be marketed and sold in Dubai. This includes the requirement that sellers must obtain its approval before advertising these properties in Dubai. The circular also…

5,000 millionaires move to UAE in 2016

UAE continue to beat out other destinations in the race to becoming a haven for the rich Dubai: The UAE has proven yet again that it is a magnet for the super-wealthy, as can be gleaned from the latest intelligence data from a millionaire migration tracker. New World Wealth told Gulf News on Tuesday that…

UAE tops region in economic freedom

Emirates jumps several place to No. 8 spot internationally in 2017 Index Washington: The UAE is ranked on top regionally and the eighth internationally in the Index of Economic Freedom 2017, according to a leading Washington-based think-tank. Based on the Heritage Foundation data, the UAE jumped from the 25th position globally and the second regionally…