TownX

Easy18 Apartments’ new servicing company

We are delighted to inform you that TownX Real Estate Development LLC has hired PLACE Community Managers (“PLACE”) to manage your community from the handover process and throughout the Defect Liability Period. PLACE is the largest independent owners association management company of Dubai. With ten years of experience and proven track record of successfully delivering […]

Dubai adds new sailing destination near Easy18 Apartments

Dubai will be adding another iconic facility to its countless global attractions with the development of the world’s new sailing destination by the historic Dubai Creek near Easy18 Apartments. The Dh25 billion Mina Rashid, located at the very heart of the Dubai’s glorious coastal heritage, will celebrate Dubai’s maritime past. P&O Marinas, a subsidiary of […]

Three malls to be built near Easy18 Apartments

Singapore-based Chinese firm Samanea Group will develop a 570,000 sq ft retail mall in Dubai which will focus on home appliances and furniture, Arabian Business reports. Dubai developer Meraas has signed an agreement with Singapore-based Chinese company Samanea Group that will see a AED1 billion ($272 million) mall come to fruition in 2021 near Dubai […]

New cycling and jogging track to open near Easy18 Apartments

Dubai residents looking to pound the pavements will soon have another running option, with a new track set to open in the city next year. A five-kilometre route, which has dual lanes for runners and cyclists, will be built in Nakheel’s upcoming Nad Al Sheba community, the developer announced last week. Nakheel has awarded the […]

Dubai still offers lucrative rental returns: Arif Mubarak

Dubai Asset Management, a subsidiary of Dubai Holding, is looking to expand its portfolio both organically and inorganically with focus on Dubai as the emirate still offers lucrative returns on rentals, a senior official said. “We are definitely growing our portfolio in different ways as we are an investment institutional-driven organisation. Our growth is driven […]

In pictures: Dubai’s Global Village receives ‘record’ seven million visitors

Global Village, which closed on April 13, recorded over Dhs3bn worth of business transactions in its 23rd season, Gulf Business reports. Dubai’s Global Village recorded its “biggest-ever” season, receiving more than seven million visitors during its 166 days in operation, it revealed on Monday. The figure marks an increase of 16 per cent over the […]

Dubai real estate deals exceed $9.26bln in 5 months

The value of residential and commercial apartments’ deals in the emirate surpassed $4.6bln, Mubasher reports. The total real estate transactions in the emirate of Dubai valued at more than AED 34 billion during the first five months of 2019, up 33% from AED 24 billion in 2018, recent data issued by Dubai Land Department (DLD) […]

Post-Expo long-term effect on Dubai realty will be greater

It is always better to invest when it is a buyer’s market in order to benefit from the offers available International Monetary Fund says substantial amount of Expo 2020 Dubai investment will be completed by the end of this year and with a little more than a year left until Expo 2020 Dubai, industry experts […]

Revealed: how Dubai developers are making homes more affordable

Property Finder research says developers are progressively reducing the unit size in order to lower prices, Arabian Business reports. Developers in Dubai have been progressively reducing the unit size to make properties more affordable for investors and end-users, according to research by Property Finder. The UAE-based real estate portal said, however, that the average price […]

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