News
Mall will be part of mid-income housing project in Dubailand: MAF official A new mall and 2,000 housing units are set to come up near Global Village in Dubailand. Talking to Emirates 24|7, Robert Welanetz, Chief Executive Officer, Majid Al Futtaim Properties, said the company will be launching a mixed-use development close to Global Village,…
Mid-market, budget hotel offerings will widen tourist base: Knight Frank The medium-to-long run outlook for the hospitality sector in Dubai and Abu Dhabi remains positive, driven by opening of theme parks and new tourist attractions in the country, according to a report by Knight Frank. In its UAE Real Estate 2016 mid-year market review, the…
The affordable tag is helping clusters such as IMPZ and Jumeirah Village Dubai: The discount shopping in Dubai’s property market has picked up in earnest with the IMPZ and Jumeirah Village clusters being the beneficiaries. Transaction levels in these locations were up 4 per cent and 5 per cent, respectively, during the first quarter from…
Most of the Dh30 billion of investments in the UAE announced yesterday by Majid Al Futtaim is likely to be in place by the time Dubai’s Expo 2020 takes place, says the company’s chief executive, Alain Bejjani. The Dubai-based group revealed plans to open 10 new City Centre malls, six hotels, 28 cinemas, 40 Carrefour…
Owning a home is a keystone of wealth… both financial affluence and emotional security.