On average office rents across Dubai fell 4.5 per cent in the second quarter (Q2 of the year, with the performance of prime and secondary markets continuing to diverge, said global real estate consultancy Knight Frank in a new report. Market activity has remained relatively subdued in the first...

Dubai-based master developer Nakheel announced on Monday that it would unveil real estate projects worth more than 3.2 billion UAE dirhams at Cityscape Global 2017. The 16th edition of this annual international real estate industry event will run from 11-13 September at Dubai World Trade...

The $1bn mixed-use building will form the centerpiece of the 6 sqkm Dubai Creek Harbour The Tower at Dubai Creek Harbour – slated to become the new tallest tower in Dubai – is now taking shape in the emirate. Launched in April last year, the $1bn mixed-use building will form the...

The six-month long event will take place on a 4.38 square kilometre site Details about the future plans for the Expo 2020 Dubai site will be revealed at the CityScape property exhibition in Dubai later this month, it was announced on Sunday. The expo, which will be held in Dubai from...

‘Tip villa’ on Dubai’s Palm Jumeirah comes with an eye-watering price tag With 11 bedrooms, a vast expanse of private beach, as well as its own cinema and nightclub, this villa on Palm Jumeirah is at the tip of Dubai’s luxury housing market – quite literally. The 46,000-square-foot...

The installed poles feature photovoltaic cells that are charged by the sun during the day Sharjah Electricity and Water Authority (SEWA) has completed the installation of more than 100 solar powered lighting poles and high-efficiency floodlights in the Yarmouk area of Khor Fakkan. The...

In his capacity as the Ruler of Dubai, Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No. 10 of 2017 regarding the Zayed bin Mohammed Family Gathering. Sheikh Mohammed also issued Decree No. 22 of 2017 appointing HRH Princess Haya bint...

Les Mills International fitness classes use digital technology to motivate residents to workout Tech-savvy concepts such as virtual reality exercise classes might be the key to boosting the UAE’s exercise levels, according to fitness operator Les Mills International. The New...

Central bank expected to keep 2 percent benchmark rate for rest of the year The UAE is not expected to hike interest rates until 2018, according to a report by BMI Research. The Fitch Group company predicted the UAE Central Bank will keep its benchmark interest rate at 2 percent for...

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority, DEWA, has announced that the authority has made progress in the supply, extension and commissioning of major water transmission networks, with a total length of 46 km, and a total cost of AED260 million, in various...