Company Insights Jumeirah Hotels Tourism Jumeirah Hotels News Real Estate Burj Khalifa records 94 unit sales worth $130m in 2022 Burj Khalifa, the world’s tallest building, reported 94 apartment sales in 2022, totalling over AED477 million ($129.87 million), according to global property consultant Knight Frank. The 828-metre-tall tower accounted for three percent of all real estate sales in the Downtown area of Dubai, which amounted to AED15.6 billion. “What’s impressive about the Burj Khalifa is […] January 5, 2023 Analysis Real Estate Bahrain real estate trends: From drive-thrus to cheaper hotels Economic recovery, an increase in tourism and a reputation as one of the safest places in the GCC for international trade has put Bahrain on the investment map. And property is one hot sector. The total number of real estate transactions in Bahrain in the third quarter of this year was 5,482, according to an […] November 30, 2022 Exclusive Real Estate Six Senses sells 75% of branded Dubai units ahead of 2024 debut The first Six Senses Residences in Dubai is planned for 2024 as the CEO of the global luxury hospitality brand reports demand from affluent and existing UAE residents. Neil Jacobs said the progressing construction of Six Senses Residences The Palm, alongside a 61-room hotel, represents a “new milestone for the brand”. “The property price growth […] October 23, 2022 Analysis Banking & Finance UAE government’s IPO juggernaut raises $13.3bn and counting A flurry of government-backed initial public offerings (IPOs) on the Dubai and Abu Dhabi stock markets has helped rejuvenate UAE bourses, as local and international investors seek exposure to the country’s buoyant economy. While Europe and the US fret over soaring inflation and likely recession, and most emerging market currencies wilt versus the dollar, Gulf […] October 12, 2022 Real Estate Dubai villa prices pass 2014 peak amid influx of overseas money Villa prices in many parts of Dubai have surpassed the previous peak of 2014, fuelled in large part by a “relentless” influx of capital from wealthy overseas investors. Real estate consultants ValuStrat reported that although villa price rises are slowing, average values are now at levels last seen in early 2014. Faisal Durrani, partner – […] August 11, 2022 Exclusive Select Group eyes more UK and UAE real estate projects Dubai developer Select Group has had a ‘record-breaking’ year of sales, on a par with the pre-2008 boom era that many may associate it with, as it pushes ahead with ambitious plans both in the UAE and the UK. The firm, which was founded in 2004, is one of many riding the wave of the […] August 4, 2022 Exclusive Real Estate Live in a Porsche? You can in the ‘bling’ capital of the Middle East From Four Seasons to Bulgari, branded residences are in demand among wealthy real estate investors in Dubai May 24, 2022 Exclusive Tourism Will Abu Dhabi’s new tourism vision drive international influx? Saadiyat Island, the cultural centrepiece of Abu Dhabi’s tourism offering, has unveiled a new vision which seeks to attract 19 million visitors and contribute AED 4.2 billion ($1.1 billion) in direct revenue by 2025. The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and developer Miral unveiled the new strategy to support […] May 10, 2022 Posts navigation Previous 1 2 3
Real Estate Burj Khalifa records 94 unit sales worth $130m in 2022 Burj Khalifa, the world’s tallest building, reported 94 apartment sales in 2022, totalling over AED477 million ($129.87 million), according to global property consultant Knight Frank. The 828-metre-tall tower accounted for three percent of all real estate sales in the Downtown area of Dubai, which amounted to AED15.6 billion. “What’s impressive about the Burj Khalifa is […] January 5, 2023
Analysis Real Estate Bahrain real estate trends: From drive-thrus to cheaper hotels Economic recovery, an increase in tourism and a reputation as one of the safest places in the GCC for international trade has put Bahrain on the investment map. And property is one hot sector. The total number of real estate transactions in Bahrain in the third quarter of this year was 5,482, according to an […] November 30, 2022
Exclusive Real Estate Six Senses sells 75% of branded Dubai units ahead of 2024 debut The first Six Senses Residences in Dubai is planned for 2024 as the CEO of the global luxury hospitality brand reports demand from affluent and existing UAE residents. Neil Jacobs said the progressing construction of Six Senses Residences The Palm, alongside a 61-room hotel, represents a “new milestone for the brand”. “The property price growth […] October 23, 2022
Analysis Banking & Finance UAE government’s IPO juggernaut raises $13.3bn and counting A flurry of government-backed initial public offerings (IPOs) on the Dubai and Abu Dhabi stock markets has helped rejuvenate UAE bourses, as local and international investors seek exposure to the country’s buoyant economy. While Europe and the US fret over soaring inflation and likely recession, and most emerging market currencies wilt versus the dollar, Gulf […] October 12, 2022
Real Estate Dubai villa prices pass 2014 peak amid influx of overseas money Villa prices in many parts of Dubai have surpassed the previous peak of 2014, fuelled in large part by a “relentless” influx of capital from wealthy overseas investors. Real estate consultants ValuStrat reported that although villa price rises are slowing, average values are now at levels last seen in early 2014. Faisal Durrani, partner – […] August 11, 2022
Exclusive Select Group eyes more UK and UAE real estate projects Dubai developer Select Group has had a ‘record-breaking’ year of sales, on a par with the pre-2008 boom era that many may associate it with, as it pushes ahead with ambitious plans both in the UAE and the UK. The firm, which was founded in 2004, is one of many riding the wave of the […] August 4, 2022
Exclusive Real Estate Live in a Porsche? You can in the ‘bling’ capital of the Middle East From Four Seasons to Bulgari, branded residences are in demand among wealthy real estate investors in Dubai May 24, 2022
Exclusive Tourism Will Abu Dhabi’s new tourism vision drive international influx? Saadiyat Island, the cultural centrepiece of Abu Dhabi’s tourism offering, has unveiled a new vision which seeks to attract 19 million visitors and contribute AED 4.2 billion ($1.1 billion) in direct revenue by 2025. The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and developer Miral unveiled the new strategy to support […] May 10, 2022
