News Brief 17

Total Page:16

File Type:pdf, Size:1020Kb

News Brief 17 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION NEWS BRIEF 17 SUNDAY, 29 APRIL 2018 RESEARCH DEPARTMENT DUBAI | ABU DHABI | AL AIN | SHARJAH | JORDAN | KSA IN THE MIDDLE EAST FOR OVER 30 YEARS © Asteco Property Management, 2018 asteco.com ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION REAL ESTATE NEWS UAE / GCC UNION PROPERTIES TO PROPOSE RAISING FOREIGN STAKE TO 49% WOMEN AND PROPERTY FIVE THINGS YOU SHOULD KNOW ABOUT NON-MUSLIM WILLS WHAT IS A DEFECT LIABILITY PERIOD? EMAAR PROPERTIES DECLARES CASH DIVIDEND OF DH1B UNION PROPERTIES DISMISSES THREE BOARD MEMBERS EMAAR HOSPITALITY GROUP HITS 50-HOTEL MILESTONE REAL ESTATE SCAMS IN UAE UNLIKELY TO SHAKE INVESTOR TRUST: REPORT BMI RESEARCH UPBEAT ON SAUDI ARABIA'S ECONOMIC REBOUND THIS YEAR DUBAI 10 CHEAPEST PLACES TO RENT IN DUBAI TODAY DUBAI DEVELOPERS CAN MAKE HAY WITH HOLIDAY HOMES DUBAI ADOPTS AI TO EXPOSE FAKE REALTY FIRMS A REAL RESTATE CONUMDRUM: SPACE AND AFFORDABILITY LIVING IN THE FINANCIAL NERVE CENTRE ASK FOR A HIGHER RENT AND LOSE A POTENTIAL TENANT ‘HAPPY CITIES’ IS THEME FOR REALTY EVENT DUBAI’S RENTAL DECLINES COOL OFF IN FIRST QUARTER NAKHEEL AWARDS DH595M CONTRACT FOR NAD AL SHEBA MALL DUBAI SEES 2% JUMP IN VISITORS DURING FIRST QUARTER SPINNEYS OPENS DOORS TO FIRST SUPERMARKET AT DUBAI AIRPORT DAMAC TARGETS TO OPERATE 15,000 HOTEL ROOMS BY 2021 IT'S TIME TO BARGAIN HARD WITH YOUR DUBAI LANDLORD REDEEM AIR MILES TOWARDS BUYING YOUR HOME NEW MORTGAGE LAW TO BOOST FUNDING FOR DUBAI REAL ESTATE DUBAI | ABU DHABI | AL AIN | SHARJAH | JORDAN | KSA IN THE MIDDLE EAST FOR OVER 30 YEARS © Asteco Property Management | 2018 | asteco.com Page 2 ASSET MANAGEMENT SALES LEASING • VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION REAL ESTATE NEWS DUBAI HOUSE RENTS MAY FALL MORE IN THESE AREAS... HOMEFRONT: 'MY TENANT IS THREATENING COURT OVER A RENTAL DEPOSIT?' DUBAI RENTS Q1, 2018: ALL YOU NEED TO KNOW KLEINDIENST GROUP SEEKS APPROVAL FOR DH2.5BN ‘FLOATING VENICE’ RESORT IN DUBAI $27M SALES SEEN AT DUBAI'S FIRST BANYAN TREE RESIDENCES PROJECT DUBAI SOUTH LAUNCHES INITIATIVES TO SPUR PRIVATE SECTOR INVESTMENT DEVELOPER BEGINS HANDOVER OF DUBAI MARINA PROJECT HOMES UAE'S AZIZI AWARDS $120M DEALS FOR DUBAI HEALTHCARE CITY PROJECTS DUBAI SCHOOL FEES DROPPED BY 15% IN PAST YEAR ADDRESS RESIDENCES JUMEIRAH RESORT + SPA PHASE 1 SOLD OUT NAKHEEL SIGNS DH588M DEIRA ISLANDS HOTEL DEAL WITH VIENNA HOUSE DUBAI BUSINESSES UPBEAT AS CONFIDENCE IMPROVES DUBAI TO BUILT STUDENT HOUSING COMMUNITY IN DIAC BY 2020 OLYMPIC-SIZE POOL, GIANT GYM AND SPA COMING TO NAKHEEL’S JUMEIRAH PARK COMMUNITY ABU DHABI ABU DHABI RENTS DECLINE AGAIN IN Q1 BUT SOME UNITS BUCK THE TREND ABU DHABI RENTS IN Q1, 2018: ALL YOU NEED TO KNOW ABU DHABI OFFICE RENTS FALL AS COMPANIES CONTINUE TO CONSOLIDATE NORTHERN EMIRATES SHARJAH INT'L SEES 5% PASSENGER GROWTH, PLANS $410M EXPANSION ROVE HOTELS REVEALS PLAN FOR EXPANSION IN RAS AL KHAIMAH INTERNATIONAL SWINGING UK INVESTOR INTEREST IN OFFPLAN’S DIRECTION US COAST DWELLERS PUSHED OUT AS STORMS BRING WAVE OF WEALTHY DUBAI | ABU DHABI | AL AIN | SHARJAH | JORDAN | KSA DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2018 asteco.com Page 3 ASSET MANAGEMENT SALES LEASING • VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION UNION PROPERTIES TO PROPOSE RAISING FOREIGN STAKE TO 49% Thursday, April 26, 2018 Union Properties is calling in shareholder approval to allow foreign investors to pick up to 49 per cent of shares in the company. This is to be decided at a general assembly meeting on May 17, where the amended articles of association will be presented. Meanwhile, the general assembly will also vote to “open candidacy” for three new directors on the board to fill the vacancy created by the dismissal of its former chairman, Khalid Bin Kalban, and two others. If the proposal to raise the foreign ownership limit goes through, and there is nothing to suggest it won’t, it will become the second UAE developer in recent weeks to raise the ceiling to 49 per cent. Aldar had earlier gone through the process, raising it from 40. In Union Properties’ case, it is a much higher jump — from 25 per cent. Foreign investors held 5.71 per cent of UP’s shares, as of close of trading on April 25. Concerted moves are on at the individual developer level and within the wider Dubai property market to allow foreign funds and institutional investors a higher exposure. Union Properties had record net profits of Dh180 million for the first quarter of 2018, a substantial gain from the Dh42,5 million in the same period a year ago. Source: Gulf News Back to Index DUBAI | ABU DHABI | AL AIN | SHARJAH | JORDAN | KSA DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2018 asteco.com Page 4 ASSET MANAGEMENT SALES LEASING • VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION WOMEN AND PROPERTY Wednesday, April 25, 2018 If you are a non-Muslim female property owner in Dubai, how do you protect your property? A new statistic released by the Dubai government says that around 30 per cent of Dubai’s property is owned by women. The information came from Sultan Butti Bin Mejren, director general of the Dubai Land Department, who said that this shows the accumulation of large amounts of wealth in female hands. This shows the UAE as an open and progressive country where men and women are free to make their own choices about investment, according to their own judgement. But as a lawyer, the news also brought a question into my mind. How do the many non-Muslim female property owners in Dubai deal with the delicate question of inheritance? Research has shown that Western women are the ones to prompt their husband to make a will, while Muslim women have a predetermined inheritance structure. That system has been challenged by female protestors in Tunisia, where the government is reviewing the traditional inheritance rules. But overall it’s a system that has applied in Muslim legal systems throughout the centuries, and it continues to be implemented across the Islamic world.Most pertinent to female homeowners — and indeed male ones — is the property will. This protects up to five properties in Dubai and Ras Al Khaimah, allowing you to choose who will inherit them, if the worst were to happen. For non-Muslims, though, it raises sensitive issues. Women or men with valuable assets may not wish to allocate their wealth according to Sharia; instead they want to decide for themselves the beneficiaries. In the UAE, there is a solution. The governments of Dubai and Ras Al Khaimah allow non-Muslims with assets to register a will that will distribute their estates according to their preferences. It’s provided through the DIFC Courts, part of the Dubai International Financial Centre, which offers a legal system based on English Common Law. The DIFC Wills Service Centre offers a variety of services, covering everything from bequeathing property to the guardianship of children. Most pertinent to female homeowners — and indeed male ones — is the property will. This protects up to five properties in Dubai and Ras Al Khaimah, allowing you to choose who will inherit them, if the worst were to happen. Also available are financial asset wills, protecting cash, government securities and stocks and shares, as long as they are held by a bank or brokerage in Dubai or Ras Al Khaimah. Mothers bringing up children will also be interested in the guardianship will. This allows you to name interim guardians in the UAE for your offspring and also permanent guardians, often family or friends in the home country. Finally, you can bring all these elements together in the full will, covering all assets and also guardianship. Many families find that a mirror full will suits their needs, as it allows both parents to create documents that “mirror” their wishes over guardianship and distribution of assets. The DIFC Wills Service Centre has registered well over 3,500 wills and its own statistics reflect a growing number of female property owners in Dubai. In 2016 and 2017, 38 per cent of those registering a will were women. But if three in 10 of all properties in Dubai are owned by women, that means there are many thousands more owning very valuable assets who have no effective will in place. In the rush and pressures of daily life, they may wish to consider if choosing who will ultimately benefit from their acquired wealth should become a higher priority as they organise their financial affairs. Source: Gulf News Back to Index DUBAI | ABU DHABI | AL AIN | SHARJAH | JORDAN | KSA DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2018 asteco.com Page 5 ASSET MANAGEMENT SALES LEASING • VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION FIVE THINGS YOU SHOULD KNOW ABOUT NON-MUSLIM WILLS Wednesday, April 25, 2018 If you are a non-Muslim expat or an overseas investor with assets in Dubai or Ras Al Khaimah but residing in your home country, you better get a will done to ensure smooth inheritance to your chosen beneficiaries. Without a will, chances are that your assets will be passed on to specific blood relatives as per the local inheritance law that follows Sharia principles of pre-determined allocation. “In the absence of registering a will, then you will be looking at Sharia that will distribute that property to specific blood relatives in predetermined proportion,” says Sean Hird, director of DIFC Wills Service Centre (WSC). Established in 2015, the DIFC Wills Service Centre provides a system whereby non-Muslims can register a will at the DIFC Courts, Dubai’s international English language commercial courts.But non-Muslim residents and non-residents with assets in Dubai and RAK have the option of opting out of Sharia through a will and chose their home country laws for inheritance arrangements.
Recommended publications
  • Please See a List of Our Project References
    PROJECT REFERRENCES PROJECT CONSULTANT DUBAI: OPERA HOUSE – DOWNTOWN DUBAI WS ATKINS BLUEWATERS WHARF RETAILS – DUBAI WSP BLUEWATERS HOSPITALITY – DUBAI CKR CONSULTING DUBAI MALL EXTENSION WSP NAS ARENA DAR AL HANDASAH WAFI HOTEL & MALL EXTENSION ARKITEKNIK W HOTEL & RESIDENCES HYDER CONSULTING THE ADDRESS RESIDENCES – SKY VIEW NORR ARCHITECTS CITY WALK – RESIDENTIAL BLOCKS HYDER CONSULTING DUBAI CREEK HARBOUR DEV – RESIDENCES ATKINS DUBAI AIRPORT EXTENSION- Terminal 01 & 02 DAR AL HANDASAH DUBAI INT. AIRPORT, CUC 3-AX203 – DUBAI DAL AL HANDASAH DUBAI INT. AIRPORT, CUC 5-AX205 – DUBAI DAR AL HANDASAH BLUEWATER DEVELOPMENTS – DUBAI WSP DUBAI METRO WS ATKINS DOWNTOWN DUBAI DEV KHATIB & ALAMI LAKESIDE TOWER-JLW KHATIB & ALAMI JALILA HOSPITSAL STUDIO ALTIERI BURJUMAN REFURBISHMENT HYDER CONSULTING DUBAI MALL MEINHARDT HEALTH CARE CITY – DUBAI ARIF & BINTOAK SHARJAH HOSPITAL CANSULTMAUNSELL NOVOTEL – DUBAI ARIF & BINTOAK GRAND HYATT HOTEL – DUBAI ARKITEKNIK MARINA MANSIONS – DUBAI WS ATKINS SHANGRI-LA HOTEL – DUBAI NOOR PROJECT REFERRENCES PROJECT CONSULTANT AL BASSAM TOWER – DUBAI WS ATKINS REEF MALL - DUBAI RMJM BRIGHT START TOWER – DUBAI WS ATKINS DUBAI INT. FINANCIAL CENTRE – DUBAI RMJM AL SALAM TOWER – DUBAI WS ATKINS AL MANKHOOL TOWER – DUBAI WS ATKINS JUMEIRA BEACH RESIDENCE - 01 – DUBAI HYDER CONSULTING JUMEIRA BEACH RESIDENCE – 03 – DUBAI ARENCO JUMEIRA BEACH RESIDENCE – 04 – DUBAI ARIF & BINTOAK DUBAI FESTIVAL CITY – DUBAI HYDER CONSULTING BUR JUMAN EXPANSION PROJECT – DUBAI DAR AL HANDASAH DWTC HALL 8 – DUBAI RMJM DWTC HALLS 1 & 2 – DUBAI RMJM POLICE NEW HEADQUARTERS - DUBAI ARENCO ZABEEL PARK – DUBAI WS ATKINS D.I.A – FUEL STAGING AREA-AX253 DAR AL HANDASAH FLOWER CENTRE D.I.A – DUBAI WS ATKINS ATLANTIS PROJECT - DUBAI NORR GROUP IBIS HOTEL – DUBAI ARIF & BINTOAK DUBAI MARINA – SOUTH MARINA MOTT MacDONALD CINE STAR CINEMA – DUBAI RMJM KNOWLEDGE VILLAGE – DUBAI IAN BANHAM EMIRATES INTERNATIONAL SCHOOL – DUBAI CONSULTAIR H.H.
    [Show full text]
  • NEWS BRIEF #44 SUNDAY 03 November 2013
    ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION NEWS BRIEF #44 SUNDAY 03 November 2013 RESEARCH DEPARTMENT DUBAI | ABU DHABI | AL AIN | SHARJAH | QATAR | JORDAN IN THE MIDDLE EAST FOR 28 YEARS © Asteco Property Management, 2013 asteco.com | astecoreports.com ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION REAL ESTATE NEWS UAE CENTRAL BANK ISSUES MORTGAGE SYSTEM: 80% OF PROPERTY VALUE FOR EMIRATIS, 75% FOR EXPATS UAE AN IDEAL PLACE TO LIVE IN: WESTERN EXPATS FOREIGN RESEARCH FIRMS BLAMED FOR UAE PROPERTY CRISIS: AL OTAIBA UAE TOURISM AND HOSPITALITY SECTORS TAKE OFF TO A NEW HIGH EXPO 2020 WOULD GROW FINANCE SECTOR UAE LEADS THE WAY IN GREEN BUILDING PRACTICE ABU DHABI ALDAR EYES RENTALS, SMALLER PROJECTS POST-MERGER ABU DHABI BOOSTS CHECKS ON READY-MIX SECTOR ABU DHABI’S ESTIDAMA PROGRAMME AT VANGUARD OF GREEN BUILDING REVOLUTION ABU DHABI’S ICONIC ETIHAD TOWERS SCOOPS FIVE AWARDS ABU DHABI INVESTMENT AUTHORITY SET FOR BIG FRENCH PROPERTY DEAL DUBAI DEYAAR ANNOUNCE PROFIT SURGE AL MAKTOUM INTERNATIONAL: PERFECT LANDING FOR EXPO 2020, HUGE TAKE-OFF FOR DWC PROPERTY DEVELOPMENT A HOME IN THE CLOUDS: WHY DUBAI DOMINATES THE SKY INDIGO'S USD41M ORANGE LAKE PROJECT 50% COMPLETE EMAAR LAUNCHES 'SKY COLLECTION' OF APARTMENTS IN THE ADDRESS RESIDENCE FOUNTAIN VIEWS III DUBAI BUYERS HAVE OPTIONS ON ACCESSIBLE PROPERTIES AL MAZAYA HOLDING RECORDS DH263.7M IN OPERATING REVENUES DUBAI IOAS' DIKTAT: NO MOVING HOMES OVER WEEKENDS NO CURRENT PLANS TO BUILD TOWER TALLER THAN
    [Show full text]
  • Past Supply Records for Selected Projects
    PAST SUPPLY RECORDS FOR SELECTED PROJECTS NO. PROJECT NAME CLIENT CONSULTANT 1 28+G+11+GYM at Dubai Silicon Oasis, Dubai Ahmed Bin Suwaidah/Bin Mohd Al Balush Dubarch 2 Carlton Residence in Sharjah ABCO Syna Engineering Consultants & Development 3 Al Hamra Palace Hotel @ RAK - UAE Al Hamra Real State Home of Architecture for Engineering Consultants 4 Five Star Hotel Mixed Use Tower & Car Parking Acico Real State Dimensions Engineering Consultants 5 Amwai Plaza 1 at Amwai Island Yateem Air Conditioning W.L.L. 6 P100 MIRDIF Villas Dubai Properties Kling Consult 7 Dubai Silicon Oasis Head Quarter Complex (Phase 2) Dubai Silicon Oasis Khatib & Alami Dubai Silicon Oasis Head Quarter Complex - Phase 8 Dubai Silicon Oasis Khatib & Alami 1 PE-049 - JBR Luxury Villas 152 Nos. for Dubai 9 Dubai Properties Design & Architecture Bureau Properties 10 Extension to Bahrain Mall LAL's Group Arif Sadiq Design Consultant Dubai Development and Investment 11 Dubai Health Care City Infrastructure and Roads Cansult Limited Authority The Green Community, Phase-1A Shopping Mall & 12 Dubai Properties Edara LLC Serviced Apartments XL Tower (3B+G+4P+19) Typical Office Building 13 Damac Properties Conin on Plot No. 88, A05-010 14 Business Tower on Plot No. BB-A05-012 Damac Properties Archon 15 Proposed (2B+G+9) Commercial Dr. Mohammad Khalfan/Khirbash Abdullah Design & Architecture Bureau 16 The Meadows & Spring Parks Emirates Hills Development Algurg Consultants (B+G+4+Roof) Residential Building on plot no. C3- 17 Ghayath Mohd Gheyath ME Engineering Consultants F14 at International City 18 GCAA Air Navigation Service Site General Civil Aviation Authority RMJM/Derby Design Consulting Engineers H.H.
    [Show full text]
  • Rim Floating Floor Systems
    KINETICS MIDDLE EASTR L.L.C. P.O. BOX 37670, DUBAI, U.A.E. TEL: + 971 4 8857 361 FAX: + 971 4 885 7362 E-mail: [email protected] Web Site: wwwkineticsmiddleeast.com LIST OF PROJECTS EXECUTED FOR MODEL RIM FLOATING FLOOR SYSTEM Sr. NO. LOCATION PROJECT NAME MEP CONTRACTOR 1 ABU DHABI AL SHAMS - ABU DHABI TOWER 1 & 2 ARABIAN CONST. CO. 2 ABU DHABI AL JAZEERA TOWER AL AHMAD DEV. & CONST. 3 ABU DHABI LAGOONA BEACH HOTEL SEIDCO 4 ABU DHABI TELEVISION MEDIA STUDIO NEWTECH INT'L SERVICES 5 ABU DHABI AL WADHA CITY 1 CIVILCO 6 ABU DHABI KHALIDIYA PALACE ROTANA HOTEL & RESIDENCES - ABU DHABI NUROL L.L.C. 7 ABU DHABI RESIDENTIAL BLDG. SEC.W-13 PLOT NO.C-16 ABU DHABI SYRCONSULTANT CONSTRUCTION & RENOVATION OF BMW SHOWROOM IN UMM AL NASR ABU 8 ABU DHABI ETA - ADH DHABI 9 ABU DHABI ABU DHABI FURTURE SCHOOL - PHASE 2 NAEL GENERAL CONTRACTING EST. 10 ABU DHABI NEW AHALIA HOSPITAL AL MANSOURI 3B GROUP 11 ABU DHABI SHEIKH KHALIFA MOSQUE ALEC 12 ABU DHABI PREMIER INN HOTEL -ADH BAM INTERNATIONAL 13 ABU DHABI RUWAIS HOUSING COMPLEX SYSTEM CONSTRUCT 14 ABUDHABI RESDT'L SECTOR W-13 PLOT C -16 - ABU DHABI AL NASR CONT. 15 ABUDHABI ABU DHABI FURTURE SCHOOL NAEL GENERAL CONTRACTING EST. 16 BAHRAIN ARCAPITA BANK HEADQUARTERS NASS- MURRAY JV 17 BAHRAIN 6 STOREY BLDG. @ MANAMA G.P. ZACHARIADES 18 DOHA QATAR MUSIC ACADEMY CAUNSULT MAUNCELL 19 DUBAI HUB ZERO FAMILY ENTERTAINMENT CENTER BESIX-ORASCOM JV 20 DUBAI PROVOCATEUR LOUNGE & CLUB AMBB INTERIORS 21 DUBAI THE ONYX TOWER AL SHAFAR GEN.
    [Show full text]
  • Energy Efficient Strategies for the Building Envelope of Residential Tall Buildings in Saudi Arabia
    Department of Architecture and Built Environment Energy Efficient Strategies for the Building Envelope of Residential Tall Buildings in Saudi Arabia Noura Abdulrahman Ghabra BSc, MArch Thesis submitted to the University of Nottingham for the degree of Doctor of Philosophy November 2017 ABSTRACT The energy demand in the Gulf countries in general and in Saudi Arabia in particular has been increasing sharply in the last decades as a result of the diversification plans that aim to reduce reliance on oil-based income. Tall building construction, associated with many environmental and ecological challenges, played an essential role in these plans, as a mean to attract new economies based on global placemaking and international tourism. The significant use of air conditioning to cool indoor spaces, particularly in residential buildings, accounts for more than half of all energy consumption in the country, and despite governmental efforts, the scattered conservation efforts have been largely ineffective due to factors such as lack of awareness and information, in addition to the limitation of the local energy efficiency building regulations. This research aimed to find and prioritise building envelope design solutions that can reduce high energy consumption and cooling loads while maintaining indoor environment for residential tall buildings in Saudi Arabia. In order to achieve that, a hypothesis of integrating engineering and design parameters of the building envelope as a design strategy for tall buildings envelope were proposed, and to test it, a mixed method approach was followed including literature review, data collection, dynamic building simulations and parametric analysis. The main findings emphasised how combining both engineering and design parameters of the building envelope can be an effective way to achieve energy efficiency in residential tall buildings in the hot climate of Jeddah.
    [Show full text]
  • Tall Buildings, Design, and Technology Visions for the Future
    Journal of Urban Technology, Vol. 18, No. 3, July 2011, 115–140 Tall Buildings, Design, and Technology: Visions for the Twenty-First Century City Kheir Al-Kodmany ABSTRACT The world population will drastically increase in the future, particularly in Asia, Africa, and Latin America. Even in Europe, where some cities are experiencing a negative growth rate, on the whole the population will steadily increase. In Australia and Canada, as well, population will steadily increase, although in the United States the growth rate will be higher because of the influx of immigrants and natural growth. Thus, the threat of overpopulation is looming over the entire world. It is expected that the urban population will almost double in the coming 40 years: it will increase from 3.5 billion in 2010 to 6.5 billion in 2050 worldwide (United Nations, 2007). The migration of the rural population to cities is a major cause of this increase. People want to move where there are other people, din and bustle, a flurry of activities, social and recreational services, and above all employment opportunities. Once people get used to urban living, they rarely go back to the country side. Therefore, urban planners, architects, developers, social scientists, and political leaders have to ask the following hard questions: . What can be done with existing cities in order to accommodate the increase in the urban population? . How should cities be regenerated; and how can new cities be built? . Can cities expand laterally without sprawling and destroying valuable agricultural land? . Will a vertical expansion be a viable option? This paper examines these questions by studying tall buildings and associated tech- nological developments, and their impact on cities.
    [Show full text]
  • A Review of Design Approaches of Tall Buildings
    buildings Review Sustainability and the 21st Century Vertical City: A Review of Design Approaches of Tall Buildings Kheir Al-Kodmany Department of Urban Planning and Policy, College of Urban Planning and Public Affairs, University of Illinois at Chicago, Chicago, IL 60607, USA; [email protected] Received: 19 June 2018; Accepted: 31 July 2018; Published: 3 August 2018 Abstract: As cities cope with rapid population growth—adding 2.5 billion dwellers by 2050—and grapple with destructive sprawl, politicians, planners, and architects have become increasingly interested in the vertical city paradigm. Given the large-scale problems of skyscrapers, any improvements in their planning, design, and construction would be significant. This paper examines a new crop of skyscrapers that employs green design elements, including aerodynamic forms, greeneries, energy-saving systems, innovative renewable energy techniques, water-saving technologies, rainwater catchment systems, and the like. The examined projects illustrate foremost sustainable design features, strategies, and techniques that help to meet the functional requirements while resulting in attractive forms. They include towers that are completed, under-construction, on-hold, proposed and on the drawing boards. In an attempt to capture a wide-range of innovative ideas and concepts, this paper examines 30 major projects representing major world’s regions that have been active in constructing tall buildings including Southeast Asia and the Far East, the Middle East, Europe, and North America. The discussion section also engages the reader with additional buildings that have employed similar sustainable design. The paper concludes by identifying design approaches that could twin sustainability with iconicity, and highlights some of the shortfalls of intended sustainable design.
    [Show full text]
  • Unrivalled Retail & Public Amenities
    UNRIVALLED RETAIL & PUBLIC AMENITIES Interconnection with DIFC Northern Campus World-class fine dining, cafés and chef driven food market Vibrant public realm Health & fitness and private members club Full-service valet & highly-efficient drop off service Excellent access & transport links - situated between two metro stops Double-height, light-filled lobby with connections to both Al Sa’ada Street and Gate Avenue MAZAYA SHANGRI AL ROSTAMANI AL SAFA CITY CENTRE LA TOWER A & B TOWER 1 & 2 TOWER 1 & 2 BURJ KHALIFA SHEIKH ZAYED ROAD FINANCIAL CENTRE EMIRATES TOWERS M M M THE SOFITEL ROLEX AL ATTAR BUSINESS MAZE CAPRICORN DOWNTOWN DUSIT THANI HOTEL TOWER TOWER TOWER TOWER 4 STREET FINANCIAL CENTRE ROAD EMIRATES FINANCIAL LIBERTY LIMESTONE RITZ TOWERS HOUSE HOUSE CARLTON 2 10 GATE AVENUE 11 DOWNTOWN CENTRAL PARK 5 DUBAI CONVENTION TOWERS 12 CENTRE THE GATE DUBAI ETISALAT PARK TOWERS 3 4 EMIRATES TOWERS ICD AL FATTAN CURRENCY THE INDEX BROOKFIELD HOUSE 7 EMAAR SQUARE BUILDING PLACE DUBAI OPERA 6 THE GATE 9 1 8 VILLAGE AL SA’ADA STREET BURJ DAMAN AL MUROOJ ROTANA BOULEVARD HOTEL & SUITES PLAZA BURJ SKY GARDENS KHALIFA PALACE OF SHEIKHA BINT SAEED THE ADDRESS AL MAKTOUM BOULEVARD 1. Burger & Lobster 7. Robertos ROVE ZABEEL HOTEL THE DUBAI MALL 2. Center Cut 8. La Petite Maison 3. Sass Café 9. Zuma THE ADDRESS NAD AL SHERBA THE PALACE DUBAI MALL 4. Café Bateel 10. Bvlgari HORSE RACE COURSE DOWNTOWN SOUK AL BAHAR 5. Ascots & Chapels 11. Lanvin 6. Four Seasons Hotel 12. Mont Blanc DUBAI EQUINE HOSPITAL THE ADDRESS DOWNTOWN OLD TOWN ZABEEL CLUB GROUND
    [Show full text]
  • News Brief #15
    ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION NEWS BRIEF #15 SUNDAY 14 APRIL 2013 RESEARCH DEPARTMENT DUBAI | ABU DHABI | AL AIN | SHARJAH | QATAR | JORDAN IN THE MIDDLE EAST FOR 28 YEARS © Asteco Property Management, 2013 asteco.com | astecoreports.com Page 1 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION REAL ESTATE NEWS GCC/MENA FDI flow into GCC rebounds Mena hotels achieve positive start to the year ABU DHABI New shopping mall in Al Bahia to open this year Futuristic tower's future back on 5,000 new flats to push rents down on Abu Dhabi's Reem Island TASWEEK to present AED 500 million integrated housing project at Cityscape Abu Dhabi 2013 DUBAI Dubai Al Qouz 4 internal road works completed Emaar launches new 188 villas in Reem, 3-bedroom priced less than Dh1 million Tecom adds 160 new companies to ICT cluster High demand drives Dubai office, retail rents up Damac flats from Dh449,000 Rashid Tunnels project nears completion Emaar releases additional units after ‘mad scramble’ at Dh1 million villa launch Nakheel wins fight over islands Serviced residences offer sure-fire formula Shifting trends - Dubai tenants now head towards property ownerships, reports Bayut Increasing rents in Dubai drive tenants towards lower budget homes Seven Tides appoints Better Homes as exclusive sales agent for new Palm Jumeirah luxury resort residences JLT, Dubai Marina, Palm prices rise by up to 10% in Q1 Luxury Dubai villa prices up 9% since Q3 2012 Dubai's DPG launches sales
    [Show full text]
  • Architecture Design Excellence, Identity and Sustainability for Every Project „ Delivering „ Delighting Our Outstanding Clients Concepts
    Architecture Design Excellence, identity and sustainability for every project Delivering Delighting our outstanding clients concepts Delivering iconic Aiming to excel at designs all we do Delivering sustainable Integrated architecture architecture and engineering in a Design efficiency truly multi discipline (75% to 82%) ethos Success attracts success Architecture now leads our regional business 50 staff in Dubai Office in 1999… 600 in 2007 Regionally now - over 2000 staff in 7 offices across the Middle East Selected built and current work: Burj Al Arab Dubai, UAE Concept in 1994 … …to reality in 1999 • Features: Tallest free standing hotel in the world with 202 luxury suites each with a minimum floor area of 169m2. Each floor comprises state- of-the-art technology • Built-up area: 60,000m2. • Status: Complete Integrated design of the Multi-discipline Burj Al Arab design team Project Management Services Building Services Engineering Civil & Structural Engineering All Architecture and Design Geotechnical & Marine Engineering Planning & Environmental Studies Jumeirah Beach Hotel Dubai, UAE Business Bay Executive Towers Dubai, UAE Executive Towers Podium Executive Towers Podium Business Bay Sales Centre • Facility: Administrative office for sales of commercial & residential property in Business Bay • Built-up area: 3,400m2 • Status: Complete Al Mas Tower Dubai, UAE 21st Century Tower Dubai, UAE • Facilities: Residential • Features: Fifty floors of two and three-bedroom apartments, retail facilities on the ground and mezzanine floor, health and leisure facilities on the roof, a nine storey car park for 412 cars, two floors of which are occupied by building services. • Total Built-up area: 86,000m2 • Status: Complete Chelsea Tower Dubai, UAE • Facility: Mixed-used, Residential and Retail • Features: 50-storey tower plus a ground floor, 282 one, two and three bedroom apartments, swimming pool, gym, squash courts and changing rooms.
    [Show full text]
  • 1 Reference List – Hardwood Flooring Hotels
    REFERENCE LIST – HARDWOOD FLOORING HOTELS & RESTAURANTS WOOD TYPE 4 Point Sheraton Suite Oak Panels - design Abudhabi Grand Hotel Guest rooms Oak Parquet Admiral Plaza American Bar Stained Oak Al Ain Palace Hotel, Abu Dhabi Pub Beech Rustical Al Bustan TGIF Oak Nature Al Bustan Rotana Tower Long Bar Oak – Solid Al Murouj Complex La Fontana Restaurant Legacy Oak Al Murouj Rotana Dubai 14mm Hevea Ebony & 14mm American Walnut Apres Mall of The Emirates 1 Strip Engg. Handscraped Oak Arab India Spices Dubai 1 Strip Engg. American Walnut Arjaan Residence, Capita Centre Abu Dhabi 15mm Engineered Black Walnut Atlantis, The Palm Jumeirah Presidential Jewel & Gold Suite, Bolivian Rosewood Royal Gold & Aqua Suite Aubaine Restaurant Dubai Mall Single Strip Oak Customized with Painted Pattern Bagel Bar Coffee Shop Yas Mall, Abu Dhabi 1 Strip Eng. American Walnut Bateel Cafe DIFC 1 Strip Eng. American Walnut Beach Rotana Abu Dhabi Mariposa Merbau – 10mm Bennigans Town Center Mahogany Beech Bidi Bonde Shoreline, Palm Jumeirah Single Strip Engg. Handscraped Oak Billabong City Centre- Deira Oak -M Bu World Trade Centre, Abu Dhabi 2mm Vinyl Flooring Café Italia Dubai Mall 14mm Engg.Hevea Stained Ebony Café Nero Dubai Mall Single Strip Rustic Oak Café Rouge Restaurant Soukh Madinat, Dubai 18mm Solid Oak in Herringbone Pattern Café Vivel Al Ain Oak Nature Capital Hotel Executive Office Mahogany Beech Caramel Restaurant DIFC Sanding, Staining and Lacquering, 14mm Engg. American Walnut Caramel Restaurant Kenya 14mm Engg. American Walnut Chains of Coffee Shop Hanwa Gold Tile Chicago Beach (now Jumeirah) Beach Lounge Beech Nature Chicago Beach (now Jumeirah) Latin Jazz Bar Beech Nature 1 Churro Churro Dubai Mall 18mm Solid Oak Citiy Max Hotel Al Barsha 14mm Oak Coffee Club Yas Mall, Abu Dhabi 1 Strip Engg.
    [Show full text]
  • Setting a Global Benchmark in the Difc
    SETTING A GLOBAL BENCHMARK IN THE DIFC Interconnection with DIFC Northern Campus World-class fine dining, cafés and chef driven food market Vibrant public realm Health & fitness and private members club Full-service valet & highly-efficient drop off service Excellent access & transport links - situated between two metro stops Double-height, light-filled lobby with connections to both Al Sa’ada Street and Gate Avenue MAZAYA SHANGRI AL ROSTAMANI AL SAFA CITY CENTRE LA TOWER A & B TOWER 1 & 2 TOWER 1 & 2 BURJ KHALIFA SHEIKH ZAYED ROAD FINANCIAL CENTRE EMIRATES TOWERS M M M THE SOFITEL ROLEX AL ATTAR BUSINESS MAZE CAPRICORN DOWNTOWN DUSIT THANI HOTEL TOWER TOWER TOWER TOWER 4 STREET FINANCIAL CENTRE ROAD EMIRATES FINANCIAL LIBERTY LIMESTONE RITZ TOWERS HOUSE HOUSE CARLTON 2 10 GATE AVENUE 11 DOWNTOWN CENTRAL PARK 5 DUBAI CONVENTION TOWERS 12 CENTRE THE GATE DUBAI ETISALAT PARK TOWERS 3 4 EMIRATES TOWERS ICD AL FATTAN CURRENCY THE INDEX BROOKFIELD HOUSE 7 EMAAR SQUARE BUILDING PLACE DUBAI OPERA 6 THE GATE 9 1 8 VILLAGE AL SA’ADA STREET BURJ DAMAN AL MUROOJ ROTANA BOULEVARD HOTEL & SUITES PLAZA BURJ SKY GARDENS KHALIFA PALACE OF SHEIKHA BINT SAEED THE ADDRESS AL MAKTOUM BOULEVARD 1. Burger & Lobster 7. Robertos ROVE ZABEEL HOTEL THE DUBAI MALL 2. Center Cut 8. La Petite Maison 3. Sass Café 9. Zuma THE ADDRESS NAD AL SHERBA THE PALACE DUBAI MALL 4. Café Bateel 10. Bvlgari HORSE RACE COURSE DOWNTOWN SOUK AL BAHAR 5. Ascots & Chapels 11. Lanvin 6. Four Seasons Hotel 12. Mont Blanc DUBAI EQUINE HOSPITAL THE ADDRESS DOWNTOWN OLD TOWN ZABEEL CLUB
    [Show full text]