Stay Informed about the World of Construction and Renovation Opportunities
22 Jul, 24
In the run-up to the Expo 2020, the Dubai construction sector is poised to outperform the overall UAE market, although growth across the emirates is expected to remain healthy at 6.6 per cent despite low oil prices, market watchers said. Government investment will be robust in infrastructure sectors, while the biggest risk...
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22 Jul, 24
Emirates REIT has announced the sale of Trident Grand Mall. The mall is a two-floor retail component of Trident Grand Residence in Jumeirah Beach Residence, Dubai Marina.Emirates REIT has investments principally in income-producing real estate in line with shari’a principles. It currently owns a...
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18 Jul, 24
Landlords and investors in Dubai are making millions by renovating and upgrading their properties with uber-luxury amenities amid a shortage of such properties in popular communities such as Palm Jumeirah, Emirates Hills, Dubai Hills and Al Barari...
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02 Jun, 24
Dubai Land Department (DLD) has fined three developers in Dubai Dh500,000 each for promoting and marketing real estate projects without completing the required registration procedures for off-plan projects. The escrow account is a bank account designated for a real estate project, where the funds collected from buyers of off-plan units are deposited. This account aims to regulate the construction process of the units sold, ensuring the...
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30 May, 24
The architecture firm that designed the world's tallest building is considering ways to build skyscrapers that can store energy using gravity.Skidmore, Owings & Merrill LLP has developed a series of prototype designs that use electric motors to elevate massive blocks, creating potential energy that can be converted into electricity when the blocks are lowered...
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15 May, 24
Costs for home staging – design and decoration of houses to improve their appearance and market value – and attended repair costs for a two-bedroom apartment can now cost up upwards of AED 45,000. ave aside the run-up in market prices for residential real estate in Dubai, buyers looking for purchasing houses in the resale market or expats who are scouting for leased accommodation in...
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07 Feb, 24
The couple, who have two children – a son aged eight, and a three-year-old daughter – now live in a large villa on the same cul-de-sac in the long-established Meadows community, in Dubai. Ms Frenken-Metzler, 37, a homemaker from Canada, and Mr Frenken, 36, a strategy consultant from Germany, arrived in Dubai eight years ago and had rented for most of that time. The area they live in is close to where they both work.The home is a six-bedroom ‘type 9’ villa...
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26 Jan, 24
Dubai Municipality and Deliveroo have jointly completed the renovation of a local cricket pitch and basketball court at the Hor Al Anz Community Playground, as part of the municipality’s focus on enhancing public facilities and developing recreational spaces for residents and visitors to improve the quality of life in the Emirate. The initiative also bolsters Deliveroo's efforts to offer unique experiences to both community members and its team of delivery...
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20 Jan, 24
With the red-hot property market in Dubai showing no signs of cooling, savvy investors are always on the lookout for strategies to maximize profits from real estate holdings. One tactic that has resonated strongly in recent years involves upgrading older properties through carefully planned renovations. By implementing smart makeovers that lift aesthetics and functionality, owners have found they can command significantly higher resale prices that handily....
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20 Jan, 24
Homes in Dubai are getting a facelift – that is one of the biggest trends we have noticed across the city. This has been especially noticeable in Jumeirah Islands, a community that used to fly under everyone’s radar and was considered a hidden gem as recently as three years ago. As the property market scaled new heights post-Covid, Jumeirah Islands was one...
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01 Jun, 23
The Gate Avenue mall in Dubai’s financial centre district DIFC is undergoing a massive redevelopment. A recent visit to the location revealed that several shops had been closed or moved, especially in Zone B. The main parking outside Zone B was also closed recently. Hoardings outside show signage of Eden House by H&H Development.Located just off Sheikh Zayed Road, Eden House is an apartment complex that houses the Michelin-star restaurant Moonrise.Now...
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12 May, 23
The project reflects the municipality’s commitment to utilise its full potential to support sustainable urban development that meets the city’s futuristic urban and economic development goals and plans. Dawoud Al Hajri, Director General of Dubai Municipality, said: “Dubai Municipality has set development plans for all the prominent landmarks across the Emirate, including Deira Clocktower roundabout, which is one of the remarkable memorials and architectural landmarks, and safeguarding them for future generations...
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