UAE residents hopeful on greater savings in 2018
41 per cent of savers in the UAE are planning to start their savings journey in 2018 Residents across the UAE have expressed their hopes of saving more in 2018, as compared to the previous year, new research by National Bonds Corporation has shown. One of the ways to save money is to stop throwing […]
May 2018 Easy18 Construction Update
May has been a very productive month for the Easy18 development marking another key milestone in its construction. Fourth floor construction works begun and the basement level is now fully complete. Ground and first floor finishing works are currently in progress. We’re glad to announce that the project is on schedule and will be completed on time. […]
Dubai real estate transactions top Dh17b in May
Dubai recorded in excess of Dh17 billion worth of real estate transactions in May, based on figures published by the Dubai Land Department (DLD). The figure increased from around Dh16 billion in April. Fact Box description starts here Fact Box description ends here The value covered both sales and mortgage transactions for land and residential […]
UAE jumps in annual peace index despite global downturn
UAE has jumped 12 places to 44th in the annual Global Peace Index, produced by The Institute for Economics and Peace The UAE has jumped 12 places in the annual Global Peace Index (GPI) report, produced by The Institute for Economics and Peace, an international think tank. The GPI revealed that the world is less […]
UAE universities on the rise in new global ranking
The United Arab Emirates University (UAEU) has jumped 40 places in the QS World University Rankings 2019. UAEU said in a statement that it is now ranked 350th globally and is among the top 35 percent percent higher education institutions in the world. UAEU is located just a few-minute drive away from our latest development, […]
Dubai's virtual real estate platform to reduce paperwork and brokerage procedures
As part of its contribution to the Dubai 10X initiative, Dubai Land Department (DLD) has announced the introduction of the Real Estate Self Transaction “REST”, a platform for conducting real estate trading and transactions with multiple parties anywhere and anytime. The new platform enables the complete digital management of real estate transactions, eliminating paper documents […]
Dubai’s virtual real estate platform to reduce paperwork and brokerage procedures
As part of its contribution to the Dubai 10X initiative, Dubai Land Department (DLD) has announced the introduction of the Real Estate Self Transaction “REST”, a platform for conducting real estate trading and transactions with multiple parties anywhere and anytime. The new platform enables the complete digital management of real estate transactions, eliminating paper documents […]
Dubai Creek Tower sets new milestone with completion of pile cap
Dubai Creek Tower has completed concrete placement for the pile cap two months ahead of scheduled completion. The concrete pouring commenced in September last year and reached over 50 per cent completion in January 2018. Both the world’s next tallest tower and largest shopping mall will be built in the Ras al-Khor area on the […]
UAE named among world’s top nations for infrastructure investment
The UAE has been named among the world’s top locations in which to invest in infrastructure as Dubai continues to gear up for Expo 2020. Government has increased spending on infrastructure more than 40 per cent last year which will carry a positive multiplier effect across different sectors of the economy, especially in the real […]
Dubai knocks London off top of global retail list and becomes No.1 shopping destination
Dubai now takes number one position in the 2018 edition of CBRE report, with 62% of global retailers present in the emirate. UAE is ranked the most important international shopping destination globally as well. In recent years Dubai has risen to become an attractive international shopping destination. Value added tax (VAT) on goods and services was […]