The rebranding of the 145 square kilometres city was under a new law issued by His Highness Shaikh Mohammad bin Rashid Al Maktoum.
The rebranding of the 145 square kilometres city was under a new law issued by His Highness Shaikh Mohammad bin Rashid Al Maktoum.
Unreasonable hike in rent forces residents to shift homes; landlords apprehensive of renting out flats to Emiratis.
UAE's first regulated Shariah-compliant trust's net property income rises 6.4%.
Star Fund II, part of ArthVeda's Star series of real estate funds, is the first realty fund to be offered in Gulf and other overseas markets.
"Supply is up by 6.2 per cent for the city, whilst overall demand has grown only by 2.5 per cent."
Mag 5 Boulevard opened to investors on the day of the launch, with handover of the Phase 1 of the development scheduled to commence in Q1, 2018.
Government sector and energy firms bide time before expansion .
While the emphasis of each apartment is on high-end luxurious products, great care has been taken to ensure that all apartments are 100 per cent Vaastu-compliant.
Infrastructure projects for the upcoming Expo 2020 would create sustainable stability for real estate prices in Dubai.