Sheikh Ahmed bin Saeed invites Lootah to assume new position with Dubai World Board.
Sector to be a primary benefactor of improving macroeconomic dynamics across region
Real estate research firms predict around 50,000 units will hit Dubai this year.
Most sectors hope that the government will unleash a plethora of goodies.
The market cycle may be nearing the bottom within the next 18 months or so
Many buyers who were potentially on the fence regarding property purchase decisions have decided to enter the market.
The tower is within walking distance of attractions such as Burj Khalifa, The Dubai Mall, The Dubai Fountains, Burj Park and Dubai Opera.
Secondary market transactions in Dubai reached 18,345 last year.