Dubai super malls, attractions seen to boost footfall
JLL said no new major mall supply was expected to be released until 2013 when the first phase of the Mall of Arabia in Dubailand is scheduled to open. In 2009, average retail rents in Dubai fell nearly 40 per cent with vacancies across major malls increasing, it said.
Dubailand Promotional Video – Part 1
“Dubailand is a tourism and entertainment complex being built in Dubai, United Arab Emirates, that will contain 45 mega projects that are divided into five themed zones spread across 3 billion square feet and is expected to be fully completed by 2020.
Dubai Holding arm hit by net loss
Dubai Holding Commercial Operations Group’s loss was mainly due to real estate impairment charges amid the tumbling Dubai property market and was announced as the unit holds talks with banks to refinance a $555m loan. DHCOG said revenues had fallen by 28.5 per cent to Dh9.5bn in 2009.
Thailand Pavilion Officially Inaugurated At Global Village
Global Village, a member of Tatweer and the region’s entertainment, shopping, and cultural attraction located in Dubailand, recently witnessed the inauguration of the Thailand Pavilion.
Dubai Lifestyle City to be ready for 2011
“Dubai Lifestyle City offers luxury within a gated community. Its alliance with a respected and renowned world-class brand such as the JW Marriott Hotel validates its positioning as a luxury development,”
National Bonds CIO ‘left after spat’
National Bonds launched its own real estate projects such as Sky Courts, a residential development in Dubailand, a multi-billion dollar theme project which is on hold in the wake of Dubai’s property crisis.
Accommodation
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Saleh to build Dubailand Marriott
Dubailand senior vice president Mohammed Al Habbai added: “Dubai Lifestyle City is a unique project in Dubailand that offers unmatched luxury within a gated community.
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Business & jobs
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Dubai super malls, attractions seen to boost footfall
JLL said no new major mall supply was expected to be released until 2013 when the first phase of the Mall of Arabia in Dubailand is scheduled to open. In 2009, average retail rents in Dubai fell nearly 40 per cent with vacancies across major malls increasing, it said.
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Weather in Dubai
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Sunny36°Chumidity: 66%wind speed: 4 m/s N
Construction and technology
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Homes built but Dubailand waits for shops and restaurants
For many residents, the project has induced a feeling of isolation because of a dearth of places to meet. A dozen or so kilometres from Victory Heights – a collection of European-style villas and manicured lawns in Dubailand – were meant to be communities with restaurants, plush hotels and malls.
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Tourist attractions
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Dubai Country Club to re-open
The family oriented, not for profit Dubai Country Club is soon to re-open its doors in Dubailand. The resort-style members club features a pool, health and fitness facility, tennis courts, squash courts, football field, indoor sports hall, and modern skate park.
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Exchange rates
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4.74
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5.67
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3.67
