Dubai Government Seize Properties

The Dubai Land Department starts to deregister properties after sending letters to investors who have failed to fullfill their payments on off-plan project, The National reported. The cancellations were sent on behalf of developers that have completed 80% or more of a project, which can be made due to... 

MAG 218 Ready For Handover

The MAG 218 residential tower, built at a cost of AED450 million and consisting of 555 apartments spread over 66 floors, is now complete and ready to be handed over to residents following the official opening ceremony yesterday (Saturday 15 May). Commenting on the handover, Mohammed Nimer, CEO of MAG...