News
There appears to be a common consensus within the UAE’s real estate community at present: namely, that the market is ‘bottoming out’. Earlier this month, Asteco highlighted a “continued focus on affordability” in Dubai. Prices in the emirate, the company noted, have fallen 5% year on year, and transaction levels have declined by 17%. John…
Violators can face Dh1,000 to Dh50,000 in fines for overcrowding Dubai Municipality has advised property owners renting out their apartments to monitor their tenants and report any breach of contract. “Do regular monitoring for the house to make sure the tenant is committed to the agreed contract,” the civic body said . It refers to…
Culture Village project’s developer is going full tilt on construction Dubai: Dubai’s developers are inching closer to the expanding waterfront to derive maximum benefits for their lifestyle-themed projects. Mix the water element with the right retail and residential settings and the “liveable” factor gets an immediate spike, according to a top official at Dubai Properties….
Ambitious luxury development bearing the name is a ghost project for now In the centre of Baku’s downtown, an unfinished five-star hotel sits locked and empty, a ghostly shell completely dark at night except for the glowing white letters at its elegant, sail-shaped peak: Trump Tower. Construction on the Trump International Hotel & Tower here…
Owning a home is a keystone of wealth… both financial affluence and emotional security.