Peace of Mind for Real Estate in Dubai

RERA regulations now protect interests of owners and investors alike while recovery of market sentiment gives momentum to cross-industry businesses and property agencies report rise in general enquiries. The Real Estate Regulatory Agency has now launched new regulations that afford further growth in current market standards, encourage professionalism values and grant more transparency to the […]

Burj Dubai Delayed Again

Burj-Dubai

The Burj Dubai has been delayed once again, and rumors are now suggesting that the World’s tallest building will now open in December 2nd to commemorate UAE National day. The developer Emaar was only prepared to say that the building will be open, “this year,” when questioned. The 124th floor will now be an observation […]

Dubai Mergers offer Possible Escape from Collapse

Emaar's Burj Dubai project

The global financial crisis has taken a serious toll on Dubai, and the latest news from the emirate suggests things are far worse than the government is prepared to admit to. Transparency in Dubai’s property market has long been an issue, and just last week, the press releases coming from the emirate suggesting the problem […]

Luxury property developers in Dubai and Abu Dhabi switching to Low Income Housing

hotel-burj-al-arab

It appears that the luxury property developers in Dubai are finally beginning to come to terms with reality, and after months of press releases claiming that Dubai was immune to the global downturn are starting to change their tune. Prices for luxury property in Dubai “fell off a cliff” in the last quarter of 2008, […]

Dubai Mall Opens in Spite of Global Financial Crisis

Shark in the Dubai Mall Aquarium

After numerous delays, the Dubai Mall finally opened this week, with the General Manager, Mr. Yousif Al Ali promising that “The Dubai Mall is bringing in a truly qualitative difference to shopping by offering a total lifestyle experience,” as he opened the Aquarium. The Mall is situated at the base of the Burj Dubai, which […]

Luxury Real Estate of The Future

Crystal Island Moscow

Our sister blog, Immo-Luxus, Germany picked up on an interesting proposed building in Paris, which prompted me to take a look at some planned luxury real estate around the world. Some of these, thank goodness, will never end up being built, but some of them are already under construction. Le Projet Triangle by Hertzog & […]

Burj Dubai Price Soars Again

The world's tallest man made structure, the Burj Dubai.

The cost of a square foot in some parts of the Burj Dubai has just increased to Dh13,000. ($3,500) Prices in the world’s highest tower, which is due to open by the end of 2009, start at Dh10,000 per sq ft compared to Dh4,000 just a few months ago. The Burj Dubai’s biggest competitor in […]

Emaar launches “The Address” Hotels and Resorts, a five star Luxury Hotel Brand

Emaar Hospitality, the hospitality & leisure business subsidiary of Emaar Properties PJSC, has revealed plans to launch and operate its own five star premium global brand of world-class hotels and resorts under the brand name, The Address Hotels & Resorts. Set to redefine the hospitality experience, Emaar’s global hotel brand will roll out later this […]

Luxury Real Estate Investment Developments in Dubai

Any one looking through the recent announcements of world-wide luxury property investment developments could be forgiven for thinking that Dubai is the only country in the World still building new projects, and it is fair to say that Dubai appears to have plenty of room left for more. This is some of the most recent […]

Burj Park Dubai Announced

Emaar Properties has unveiled Burj Park, a premium waterfront residential zone and the first of its kind within Downtown Burj Dubai, conveniently located within walking distance of Burj Dubai and The Dubai Mall. Burj Park also offers direct access to Burj Lake Promenade and to Park Island, a 25-hectare park located on an island accessible […]