Property Mag March 2020
Jumeirah signs deal to provide catering at Luxembourg’s Expo 2020 Dubai pavilion
Jumeirah Hospitality will be responsible for the catering services at Luxembourg’s Expo 2020 Dubai pavilion. A memorandum of understanding (MoU) was signed on Wednesday morning between the commissioner general of Luxembourg at Expo 2020 Dubai, Maggy Nagel, and vice president of global sales for MEASA and the Asia region at Jumeirah Hospitality, Linda Lewis. Nagel […]
Villa in MBR City sold for Dh90m, costliest deal of 2019
Out of 10 costliest transactions of 2019, seven were villas, two apartments and one penthouse. A villa in Mohammed bin Rashid City with plot size of 22,858 square feet was sold for Dh90 million, becoming the costliest deal of 2019. According to data by property brokerage firm Luxhabitat, two properties each in MBR City, Downtown, […]
UAE businesses optimistic about resilient economy
Next two weeks will bring in more clarity as to where the situation is heading globally The global economy is certainly bearing the headwinds with China’s coronavirus outbreak, India is facing a slowdown, Brexit is here – just to name a few. Investors around the world are in for a surprise as they would have […]
UAE’s construction sector will thrive beyond 2020
Government’s initiatives, new and ongoing developments to drive construction industry The UAE’s construction industry will thrive in post-Expo 2020 period due to new initiatives launched by the government, higher oil prices and improving investor confidence in the economy, says a report. Research and Market, the world’s largest market research store based in Dublin, said in […]
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Prime London’s inherent appeal for UAE’s buyers
Over the last few years, we have witnessed a strong interest in prime central London properties from UAE buyers benefiting from attractive exchange rates and softening prices. This has increased significantly following the recent majority win for Boris Johnson in the UK general elections that brought greater certainty on the UK’s departure from the European […]
Featured project
Elan Tilal Al Ghaf
Majid Al Futtaim is delighted to present “ELAN Townhouses” in Tilal Al Ghaf residential community located in the Dubai. This community is brilliantly mixed-use master development comprises high-end townhouses, commercial spaces, retail and leisure destinations alongside community parks and walk able waterfront area. ELAN Townhouses is placed at the heart of the Tilal Al Ghaf […]