JLL helps sale of plot on Palm Jumeirah for Dh190 million
Staff Report
Dubai, UAE
Jones Lang LaSalle (JLL), real estate advisory, said it has helped the acquisition of a plot of land for Dh190 million on the Palm Jumeirah.
Encompassing...
RAK National Hotels acquire Marjan Island Resort from Manazil Group
Staff Report
Dubai, UAE
RAK National Hotels LLC (RAKNH), a subsidiary of RAK Hospitality Holding LLC (RAKHH), has acquired the 300-room Marjan Island Resort & Spa...
Rising rents and property prices cause alarm bells of inflation
By Ishrath Jaigirdar
Dubai, UAE
A further increase in house rent could start biting the middle-income families and rent-related inflation could affect the UAE population in...
Dubai Property transactions hit Dh9.7bn in the week ending August 11, 2023
Staff Report
Dubai, UAE
The total value of land and property transactions in Dubai reached Dh9.7 billion (US$2.64 billion) during the week ending August 11, 2023, with...
ADNOC Gas awards $3.6 billion contract to expand processing infrastructure
Staff Report,
Dubai, UAE
The UAE’s gas sector is set to receive a boost as the state-owned ADNOC Gas awarded a US$3.6 billion (Dh13.1 billion) project...