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Dubai property market ‘shows signs of bottoming out’ in Q1

Dubai house prices registered small increases in some areas of the emirate during the first quarter of 2016 following nine months of little change, according to a new report. Real estate consultants ValuStrat said there were “minute indications of an early recovery” in some parts of Dubai, signalling possible signs of a bottoming-out in property…

New marvel in UAE: A residential project built on a carpet

Al Qudra to launch Al Sadu project on Al Reem Island Intricately woven towers, with the podium resembling a handcrafted carpet, will be a reality in the UAE. Al Qudra Real Estate, the real estate arm of Al Qudra Holding, is planning to launch a five tower residential project in Al Reem Island, Abu Dhabi….

Emaar launches ‘Rove Home’ value housing brand at ATM

Announces 35 upcoming projects, 14 hotels and 10 residences for UAE Throwing its ring in the affordable housing sector in Dubai, Emaar Hospitality launched ‘Rove Home’ branded residences that will be part of its Rove Satwa project that will also comprise a 480-room hotel. Speaking at the ongoing Arabian Travel Market (ATM), Emaar Hospitality Group…

25% of Dubai’s transport trips will be ‘driverless’ by 2030: Mohammed

Dubai Autonomous Transportation Strategy expected to generate economic revenues and savings of up to Dh22bn His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today launched an ambitious strategy for smart self-driving transport as part of Dubai’s strategy to become the smartest city in…