CapitaLand's wholly-owned serviced residence business unit The Ascott is launching its first Ascott-branded property in Dubai. Ascott said it was bringing its brand to the United Arab Emirates through a management contract for the 118-unit Ascott Park Place Dubai. The asset is located in the prime commercial area of the city on Sheikh Zayed Road. Ascott will operate the property from October 1 this year...
Dubai Property
Amid economic gloom, Gulf property markets have shown surprising resilience, writes COLIN TAN AMID the heightened uncertain global economic outlook and the doom and gloom afflicting many of the world's real estate markets, the Middle East housing sector has been demonstrating surprising resilience especially given that the market has been enjoying at least four years of phenomenal price growth. Today,...
Iconic projects around Dubai belied its ambition to turn barren desert into a world class destination. The Palm Jumeirah, fanning out into the Arabian Gulf, is hailed as a symbol of Dubai's growth, innovation and vision for the future. Palm Jumeirah It is one of the world's largest man-made islands, covering 560 hectares or more than 600 football fields. Built entirely on reclaimed land, it is also the...