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Nakheel maps out Dubai investment opportunities worth AED 4 billion at world’s premier real estate summit

Dubai, 13 March 2016 …UAE master developer Nakheel, creator of some of the world’s most famous landmark real estate projects, is targeting European investors with a diverse range of products worth AED 4 billion (EUR 1 billion) as it attends MIPIM, the world’s largest real estate event, for the first time. Investment opportunities include around…

Shoppers paradise: The World comes to shop in Dubai

Retail sales to grow an average of 3.2% every year to 2020: Savills Dubai has the biggest and the best malls in the world and as the emirate gets ready to host Expo 2020, the retail spend is set to grow further. From Dubai Mall, one the largest in the world, to Mall of the…

Gulf’s rich elite seen shifting investments to commercial property

Commercial property has become a more attractive investment for ultra-high net worth individuals (UHNWIs) in the Middle East as volatility in residential markets affects demand, a new survey has revealed. Findings from Knight Frank’s 2016 Attitudes Survey conducted in conjunction with Wealth-X, shows that commercial real estate is expected to become an established component of…

We want everyone to help build happier future: Mohammed

‘We want societies to innovate developmental solutions to build a better and happier future for people’ His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has said innovative endowment is a developmental tool to support economy and social development. Sheikh Mohammed added, “We want societies…