dubai

Damac Invests $513m to Buy Plot from Dubailand

Damac Invests $513m to Buy Plot from Dubailand

Luxury property developer Damac invests $513 million dollars to buy a plot from Dubailand. The half a billion dollar investment was made to acquire land from Dubailand announced by the luxury property developer Damac. Recently, Damac announced to list their shares for the first time in Dubai Financial Market (stock exchange). Damac purchased the land […]

Growth of Luxury Properties in Dubai has Slowed Down

Growth of Luxury Properties in Dubai has Slowed Down

Growth in Dubai property market is viewed as sustainable in 2014 with good outcomes to the property market. It can be viewed as a good standpoint to predict the future of real estate market in Dubai. According to the new report by Knight Frank, the high-end luxury properties in Dubai have seen a slow growth […]

Property Rates Surges in Abu Dhabi by 17%

Property Rates Surges in Abu Dhabi by 17%

The real estate market in UAE is growing with revival in Dubai property market. Now Abu Dhabi real estate market has observed a growth of 17 percent in first six months of 2014. The increase in property sector is because of Government related investment and new job opportunities from Government backed projects like Airport Expansion, […]

UAE jobs, salaries set to grow faster this year

UAE jobs, salaries set to grow faster this year

Hospitality and retail are likely to dominate job growth in 2014.  Around 57 per cent companies in the UAE are likely to create jobs in 2014, and a salary increase of 5.9 per cent can be expected in the private sector, a survey of GCC countries has shown. The survey, carried out by online recruitment […]

The Crown of Dubai : Burj Khalifa

Before I take you closer to this incredible structure, I would like to mention to all the readers that in the next series of articles I will be-venturing on different aspects that make Dubai what it is – the fastest growing economy in the world. I will bring to you the masterpieces of engineering, artwork, […]