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Filling a hole in the studio apartment segment in Downtown Dubai

Developer SRG Properties intends to fill a hole in the studio apartment segment in Downtown Dubai with its 29-storey Marquise Square. The tower’s 237 studios outshadow the bigger units consisting of 59 one-bedroom, 70 two-bedroom and 18 three bedroom apartments. Each studio also comes with its own parking space. The studios account for more than…

First Avenue mall and hotel on track to open in Dubai

A new shopping mall and hotel are set to open in Motor City early next year as part of an investment worth Dh500m that will drive development in one of Dubai’s most sought-after suburban quarters. First Avenue, based at the edge of the Dubai Autodrome, will have 70 high-street retailers and 15 casual dining restaurants….

Dubai’s mid-market realty gets into overdrive

Buyers benefit as developers fighting it out on prices and choice of locations Dubai: Dubai real estate’s mid-tier is where the action is starting to hot up … and it is happening on prices, locations, and in buyer support. Based on the year-to-September transaction data in Dubai, properties that can be classified as mid-market accounted…

New list of cancelled Dubai real estate projects… and refunds

Cancelled Real Estate Projects Committee currently hearing 17 projects The Dubai Courts has listed 166 real estate projects in its newly-issued project cancellation list, Emirates 24|7 can reveal. The Cancelled Real Estate Projects Committee is currently hearing 17 projects all of which were launched by Reliance Estate Development. Two projects by Khyool Investment – Abjar…