Dubai Mall
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.
More on Dubai Mall Opens in Spite of Global Financial Crisis
High end luxury property values in Dubai are likely to see the largest fall in prices during the expected correction says mid-range property specialist, Mohammed Nimer
"People buying mid-range apartments are doing so mostly to live in them as homes rather than looking for short-term gains," says Mohammed Nimer, CEO of MAG Group Property Development
More on Luxury Property in Dubai expected to see Price Correction
Filed under Uncategorized by Mark Knowles
The Luxury Property Blog looks at Manhattan, where the luxury real estate market has created a new median record for apartments in Manhattan despite falling sales and growing inventory

Much is being made of the latest news that median apartment prices have reached a new record in Manhattan. But what does this actually mean? A selection of news articles covering the Manhattan real estate market. In no particular order.
More on Luxury Real Estate in New York – News and Opinions
Filed under Uncategorized by Mark Knowles
RUSS!A Investment Roadshow
Atlantis (Palm Island), Dubai, 10-11 November 2008

Following the launch of the Russia Investment Roadshow in London in April 2008, in the first of a series of events in international financial centers, the Roadshow will move to Dubai in November 2008, for an intensive, interactive event focusing on investment opportunities in Russia and on the continuing growth of Russian investment abroad. With Dubai’s increasingly prominent role as a global investment hub, and with ever strengthening commercial links between the UAE and Russia, the time seems right for the Russia Investment Roadshow to visit Dubai..
More on Russian Investment Roadshow moves to Dubai for November
Filed under Uncategorized by Mark Knowles
One of the world’s leading luxury yacht manufacturers, Ferretti Group, has just announced a partnership with ACI Real Estate to build a shoreline property in Dubai. The $1.6 billion project, named “Marine Legend” at Nakheel’s Dubai Waterfront will be the first real estate venture for Ferretti.
More on Luxury Yacht manufacturer moves ashore in Dubai
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announces the entry of The Luxury Collection® in Ras Al Khaimah, the fourth largest emirate in the United Arab Emirates. Under a long-term agreement with Saraya Islands, PJSC., the hotel will be operated under the Luxury Collection brand within the Saraya Islands, a distinguished mixed-use destination in the heart of Ras Al Khaimah between the Hajjar Mountains and the Arabian Gulf. The Luxury Collection Resort is expected to open in 2011.
"We define The Luxury Collection by our guests and the experiences and services they demand and expect. Nothing less than an exceptional level of service, perfect location and indigenous personal offerings will do," said Ross Klein, President of Starwood’s Luxury Brands Group. "The magical destination of Ras Al Khaimah on the edge of the Arabian Gulf creates the perfect setting for the debut of The Luxury Collection in the United Arab Emirates."
More on The Luxury Collection announces new luxury hotel in Ras Al Kaimah