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Dubai luxury realty lags in global rankings

Dubai: Dubai has slipped out of the rankings of the best-performing luxury real estate markets, while Vancouver retains its status at the top followed by Shanghai and Seoul, according to the latest update from Knight Frank, the property consultancy. In the 12 months to September, Vancouver’s priciest real estate gained 31.6 per cent. Across the…

Construction of Dh1bn Gate Avenue at DIFC set to begin

Construction will shortly begin on the much anticipated Gate Avenue at DIFC, the new urban premium lifestyle, cultural and entertainment development at the heart of Dubai International Financial Centre that promises to change the face of urban space and living in Dubai. Habtoor Leighton Group (HLG); a leading specialist contractor in the region was awarded…