April 2018 — Topical news of the United Arab Emirates

April 28, 2018 no comments 1050
Ras Al Khaimah Tourism Development Authority announces comprehensive sustainable tourism master plan Ras Al Khaimah Tourism Development Authority (RAKTDA) has announced that it will develop a comprehensive sustainable tourism master plan, based on a detailed UNWTO assessment of current...

April 28, 2018 no comments 985
Phase two is now being launched following 'overwhelming customer response' Address Residences Jumeirah Resort + Spa, an iconic development located on the last available plot to be built on Jumeirah Beach Walk skyline, has sold all units in phase one. Phase two is now being launched...

April 28, 2018 no comments 1182
Aldar Properties says Al Jimi Mall extension on track for end-2018 completion Al Jimi Mall, the Al Ain shopping and entertainment destination, has revealed that an extension, which will add 45,000 sq m of gross leasable area (GLA), is on track to open by the end of 2018. The extension...

April 28, 2018 no comments 862
Colliers report says affordable housing now makes up over 15% of the total market in UAE capital The supply of affordable homes in Abu Dhabi has more than doubled over the past four years as demand has soared, according to a new study. Colliers International's report - first issued in...

April 28, 2018 no comments 906
The RTA stressed that projects of this magnitude must be preceded by careful planning. In a series of tweets on Thursday, the RTA said that "there is no specific route for operating the Hyperloop system in Dubai or between Dubai and other emirates." "The system is still under the...

April 27, 2018 no comments 1010
Due for handover in the third quarter of 2019, developer reports strong sales in first month since launch UAE developer Sweid & Sweid has announced that it has sold over AED100 million ($27 million) of the Middle East’s first Banyan Tree Residences during the first month of sales. Due...

April 27, 2018 no comments 1006
Select Group starts to deliver keys for The Residences at Marina Gate I Select Group, one of the largest private developers in the GCC, has begun handover of The Residences at Marina Gate I in Dubai Marina to owners. Featuring 399 residential units, the residential development includes...

April 27, 2018 no comments 905
Developer is calling for construction proposals for the clubhouse and retail centre in Jumeirah Park Master developer Nakheel has revealed plans to build a new health, fitness and leisure hub – featuring an Olympic-size pool, and a giant gym and spa – at Jumeirah Park. The developer is...

April 27, 2018 no comments 1087
Eagle Hills Sharjah has appointed East Coast Contracting and Trading for retail hub Eagle Hills Sharjah has appointed East Coast Contracting and Trading as a contractor for its AED160 million ($43.5 million) Kalba Waterfront project. The developer said the retail development will answer...

April 27, 2018 no comments 1064
Asteco says some banks, developers stipulating minimum salary as affordability remains at forefront of market Affordable housing options remain at the forefront of Dubai buyers’ interest, with many banks and developers stipulating a minimum monthly salary of AED15,000 ($4,083) in order to...

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