May 05 2014
Hotel Serviced Apartments are the 'in-product' for developers these days. The market is exploding with similiar options. In JLT, Bobyan Tower which was an office building is being converted into hotel serviced apartments. In Downtown and The Hills, Emaar have launched several hotel serviced apartment projects under their Address & Vida brands. Damac Properties have launched hotel serviced apartments in Downtown Burj Dubai, Business Bay, Jumeirah Village Circle and in Akoya. Similiar hotel serviced apratment projects are planned to be launched soon in Dubai Marina and Falcon City of Wonders. Continue Reading
Apr 30 2014
Executive Tower C (along with Tower G) is developed by Mismak Properties, a subsidiary of First Gulf Bank. The overall construction and planning of these two towers was done under the direction of Dubai Properties, the master developer of Executive Towers and Business Bay. Continue Reading
Apr 30 2014
In April 2014, Select Group launched Marina Gate which is a 3 building complex that is to be developed on one of the prime plots of the Dubai Marina community. Continue Reading
Apr 29 2014
Executive Tower C
Apr 27 2014
Jumeirah Lake Towers
This tower was completed as an office building but in 2013, the developer decided to convert it into hotel serviced apartments. Since then, two agencies in Dubai have been marketing these hotel serviced apartments at prices ranging from AED 1700 - 1800 psf. The payment plan of the unit is 40% down and 60% on completion (expected in Q4 2014 or Q1 2015). Continue Reading
Mar 25 2014
Jumeirah Beach Residence
The demand for apartments - both rental and sale for JBR is on the rise and one of the main reasons for this is the opening of The Beach - the new retail strip along the beach. This area was a construction site for almost two years and received a lot of criticism for cramming yet another mall into a pedestrian friendly area and public beach. Continue Reading
Mar 09 2014
Dubai Sports City
The prices shown in the table above are a combination of ready and under-construction. The current market rate of Dubai Sports City is determined by a number of factors (see previous post). Continue Reading
There are approximately 160 building plots in Dubai Sports City out of which the master-developer sold 107 and 76 were actually launched. Continue Reading
Mar 09 2014
Uptown Motor City
Demand is strong in Uptown Motorcity from both investors and end-users. This community is considered a high quality development with a mature environment and many amenities & facilities close-by. Where at one time Uptown Motorcity was considered a bit far out, the connectivity to and from the main city and other areas of employment has improved substantially over the past year. Continue Reading
Mar 09 2014
Jumeirah Village Circle
The majority of transactions that take place in JVC are for studios and 1 bedrooms as this is an area which attracts investors looking to make relatively small investments. Continue Reading
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