Industry News

Dubai ranks among top 10 green cities

June 23rd,2016

Dubai has been ranked among the top 10 global cities for green building, according to a recent white paper published by Solidiance, a management consultancy firm focused on Asia.

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UAE’s per capita GDP stays high

June 16th,2016

The UAE remains in the highest category for per capita GDP (gross domestic product) in purchasing power parity terms, although nominal per capita income has declined markedly in 2015 across all oil-exporting nations as a result of lower oil prices, Moody’s Investors Service said.

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Private wealth in UAE may grow 10.7% to reach an estimated $1 trillion in 2019

June 16th,2016

The UAE is on course to witness an exponential growth in the number of millionaires living in the country by 2025, according to the latest study published by New World Wealth. The UAE, hosting a total of 72,000 high net worth individuals (HNWIs) as of 2015, will record the fourth fastest growth in millionaire population […]

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Meydan raises Dh1b Islamic financing

June 12th,2016

Dubai’s Meydan secures Dh1bn funding for new projects. Company raises Dh700mn from sukuk, Dh300mn from term facility.

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World’s next tallest tower: 100m higher than the Burj Khalifa

June 7th,2016

The height of Dubai’s tallest tower was revealed in televised interview recently. The tower stands high amid a cluster of buildings spread across a six-square-kilometre development.

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3 factors that make Dubai property attractive to over 151 nationalities

June 6th,2016

Dubai’s prime market has continued to outperform the market average in the first four months of 2016, driven by a number of factors, according to Knight Frank.

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UAE private sector activity hits a high note

June 5th,2016

The gains were “helped by a pick-up in new business growth”, according to the findings from a survey sponsored by Emirates NBD and produced by Markit.

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How to make money in Dubai… own an asset

June 2nd,2016

Rental yields in affordable housing projects range from 8% to 10%  

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Dubai said to avoid 2008-style crash despite slowdown

May 30th,2016

Fears of a 2008-type crash in Dubai’s economy and real estate market are unlikely to materialise, according to a new report by Reidin/Global Capital Partners.

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The most-searched neighbourhoods in the UAE are…

May 28th,2016

Online social market EZHeights.com has released statistics revealing the UAE’s most popular residential areas, with Dubai Marina and Palm Jumeirah being the most searched on the portal.

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