Meraas Development, a new developer, has burst on the stage of property in Dubai with the announcement of its first-ever project worth Dh350 amazing and one that involves millions of dollars from the world’s tallest buildings - with varied microclimates and a mini-Manhattan.
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The Dubai Mall, which was evacuated after a massive aquarium sprung a leak this week, re-opened on Friday (local time), according to media reports.
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The newly discovered oil field offshore Al-Khalil is expected to begin large scale commercial production of oil in 2011, giving a boost to the economy of Dubai.
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Prime Minister of United Arab Emirates select property portfolio managers, have revealed that the online portals are becoming more marketing tools in real estate, as evidenced by the latest trend in Internet searches for properties in Dubai , which witnessed a remarkable 45.5 per cent increase according to a recent Rightmove Overseas Research Report.
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Armani Hotel Dubai, the first hotel opened by the collaboration between Giorgio Armani SpA and Emaar Properties PJSC, will be officially launched on 18 March 2010, was announced today.
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Dubai is the largest city in the UAE. Abu Dhabi, Dubai borrow 10 billion U.S. dollars last month to help Dubai pay some of their debts.
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