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Survey of all buildings in Dubai to complete this year

All buildings in Deira district surveyed in 2016 and completion of the emirate’s older areas now exceeds 70% The Dubai Land Department (DLD) has announced that its work on Dubai’s building classification project is now being carried out at an accelerated pace and expects to complete its survey of all buildings across the emirate this…

UAE among world’s three fastest developing countries, says World Bank VP

The UAE is among the three fastest developing and progressing countries in the world, according to Mahmoud Mohieldin, the World Bank Group Senior Vice President for the 2030 Development Agenda, United Nations Relations and Partnerships. The success of the UAE was made possible due to the insightful vision of Vice President and Prime Minister and…

Nakheel to work on new Dh850m projects at Ibn Battuta Mall

Master developer Nakheel has begun work on a new 55-storey residential tower, 16-screen cinema complex, multi-storey car park and retail expansion – with a combined total project value of Dh850 million – at Ibn Battuta Mall in Dubai. Nakheel has awarded a contract worth nearly Dh23 million to Dubai-based National Gulf Constructions LLC for enabling…

Emaar to reopen landmark Address hotel by year-end

Developer reports a 56% rise in Q4 profit, boosted by insurance payout of Dh301m against costs of fire that gutted property Dubai: Dubai’s Emaar Properties intends to reopen its landmark Address Downtown hotel by the end of the year, some two years after the skyscraper was gutted by fire following an electrical fault, its chairman…