NewsHuge service bills threaten owners at The Cove, RAK
Owners at The Cove, Ras al-Khaimah, could face annual six-figure service bills, The National reported. Lack of electricity has forced the developer of the luxury-development to invest in eight diesel generators which cost a total of Dh2.5m each month to run. “If they are running the airconditioning...
Al Barari close to completion
The luxury-development Al Barari, Dubailand, is close to completion with 35 families moving in by December. At a price tag from Dh28m to Dh100m, each high-end villas have between 5 to 7 bedrooms, an outdoor infinity-pool and a massage area. Al Barari also houses 34 public gardens to live up to it’s...
Handover begins on Palm Jumeirah
The handover of apartments at Marina Residences on Palm Jumeirah will begin this month, The National reported. Located at the tip of Palm Jumeirah’s trunk, this residential complex of six towers comprises 980 apartments, all of which are sold out. At the same time, construction on Gateway Towers,...
Uncertainty rules on Palm Jebel Ali
The developer of Palm Jebel Ali, Nakheel, has recently offered investors in the man-made island homes on other projects. Other developers have also encouraged buyers to move their investment from struggling projects and this move casts no smaller shadow on the progress of Palm Jebel Ali. The prices on...
Rose Rayhaan by Rotana to open in December
World’s tallest hotel, Rose Rayhaan by Rotana, is set to open in mid-December, Rotana announced on Sunday. Omer Z. Kaddouri, Senior Vice President UAE of Rotana said: “We are very proud to be managing this landmark property. The Rose Rayhaan by Rotana team, headed by General Manager Daniel...
DAMAC’s Park Towers close to completion
DAMAC’s iconic twin-tower development in Dubai, Park Towers, reaches its final floor, DAMAC announced on Thursday. The two towers top out at 46 floors, not 30 as previously expected. The towers, located in the Dubai International Financial Centre, will also set aside the first five stories for...
