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Both Transaction Levels and Sales Prices for Apartments and Villas
Property Review Dubai Q1 2015 Report Both transaction levels and sales prices for apartments and villas showed marginal declines over the quarter, whilst rental rates remained relatively stable throughout the city. Q1 2015 REPORT Dubai Q1 2015 Highlights • The trend witnessed in the second half of 2014 continued during Q1 2015; transaction levels slowed and prices softened in selected areas whilst buyers looked for value-for-money projects specifically in completed or close-to-completed developments. • Despite property prices and rentals close to Q1 2014 levels, Dubai remained unaffordable to many and therefore Dubai Municipality and developers shifted their attention to target the underrepresented affordable segment. • For instance, Dubai Municipality announced the allocation of over 100 hectares of land in Muhaisnah 4 and Al Quoz 3 and 4 to developers to build housing affordable to rent for those earning between AED 3,000 and AED 10,000 per month. • Similarly, other projects were launched during Q1 2015 including 1,000 three and four bedroom townhouses at Zahra and Hayat in the new Town Square master-planned development by Nshama, located south of Dubai Bypass Road. This highlights the continuous expansion of the city further inland as developers target the more affordable segments of the market, with Damac having led this trend with the Akoya Oxygen project. RESIDENTIAL Q1 2015 down by 12% compared with -12% TRANSACTIONS Q1 2014. 2 © Asteco Property Management, 2015 Q1 2015 REPORT Dubai Sales Leasing RESIDENTIAL • A general slowdown was witnessed in Q1 2015 in Dubai, both in the number of transactions as well • Apartment rental rates remained stable compared with the KEY TRENDS as values, specifically for lower quality properties. -
Hor Al Anz East, Qiyadah Metro Bus Stop
Route C09: Satwa, Bus Station - Hor Al Anz East, Qiyadah Metro Bus Stop Al Wu heida Rd Abu Hail Rd Abu Baker Al Siddique Rd Arabian Hor Al Anz East, Hor Hor Al Anz, Library Gulf Al Anz Health Centre Al Ahli Hor Al Anz, East Terminus Wuhaida, Road Riding Club Al Khaleej St Hor Al Anz East C09 Al Ahli Club t Abu Hail Park S Dubai Hor Al Anz East, an m Club For Dar Al Aman Building m Abu Hail Center A Special Sports Hor Al Anz East, Al Nahda Rd Qiyadah Metro Bus Stop Gold Souq Bus Station Port Abu Hail Metro Bus Stop B Rashid Naif Rd Khabeesi, Old Terminus Al M u s s din Rd a d lla Rd Salahu D Al Ras Metro Bus Stop 80 Al Ittihad St Emirates NBD Deira, Beniyas Road 2 Ghurair City Al Quds St Al Khaleej Rd Deira, Beniyas Road Gargash Automobiles Deira, Old Souq Al Ghubaiba Metro Bus Stop Union Metro Al Ras, Public Library Al Bakhit Center Dubai Intercontinental Hotel Bus Stop A Renault Service Center Al Rigga Metro Dubai Municipality Bus Stop A Headquarter Port Saeed Port Saeed, Masjid E 79 Dubai Al Maktoum Rd International Airport D 89 Department of Ports & Customs D Al MaktoumBridge 74 Caltex, Reservoir E 11 Airport Rd Al Mina Rd Dubai Dry Docks Dubai Creek Executive Court Dubai Metha Oud Rd S Umm Hurair Rd he Ra ikh Dubai Creek Golf shid D Rd & Yacht Club 90 nca St a l Al b a s Nasr a Club C Mahboubi Clinic D 81 Al Rebat St Satwa, Post Office Satwa, Masjid Al Garhoud Satwa, Masjid 2 2Nd Bridge December St E Hudheiba, Road 11 Satwa, Clinic E Za 2 N 62 'A d St b eel E E Business 79 Bay 11 Dubai Police Stadium Crossing Jumeira Rd Al KhailRd -
Approved Auditors List in Accordance to DMCC Approved Auditor Rules Sr
DMCC Approved Auditors List in Accordance to DMCC Approved Auditor Rules Sr. Account Auditor Name U.A.E. Address Email Address No. Number 1 148624 A & M Al Ansari Auditing The H Hotel Office Tower, Level 29, Office# 2903-01, One Sheikh Zayed Road, Dubai, UAE [email protected] 2 165557 Abacus Accounting & Auditing 301 Royal Center Maktoom Hospital Road, Dubai UAE [email protected] 3 148718 Abdallah Al Qaydi SPA Auditing C-56 L Owais Building Al Rigga Road, Deira Dubai, UAE [email protected] 4 148573 Abdulaziz Panis And Shah Associates Chartered Accountants LLC Office No. 104, Gold Land Building, Gold Souq, Dubai UAE [email protected] 5 148610 Abdulhusain & Associates Al Owais Building, Mezzanine Floor, Block E-06, Al Rigga Road, Dubai UAE [email protected] 6 148589 Abdulla Al Marzooqi Chartered Accountants Office 301, RAK Bank Bldg. Sheikh Zayed Road, Dubai UAE [email protected] 7 166824 Abdulla Almheiri Auditing of Accounts & Tax Consultant Office no. 208, Boushaqer Bldg. Al Garhoud, Deira Dubai, UAE [email protected] 8 149760 Abdulmunem Al Rubaie & Partners Chartered Accountants 3204 Aspect Tower, Business Bay, Sheikh Zayed Road Dubai, UAE [email protected] Abdulrahman Alnuaimi Auditing of Accounts Owned by Abdulrahman 9 148552 Alnuaimi One Person Company L.L.C. M-5, Al-Shali Building near Al Mamzar Business Center, Al Itihad Road Dubai, UAE [email protected] 10 148598 ABK Saqer Auditing Office No. 106 al qusais plaza building, Damascus street [email protected] 11 148591 Active Auditors Sharjah, UAE [email protected] -
Dubai Real Estate Report Q4 2018
Property Review Dubai Real Estate Report Q4 2018 In the Middle East for over 30 Years DUBAI | HISTORIC REVIEW RECESSION RECOVERY AND GROWTH STABILISATION DOWNTURN 2009 - 2011 2012 - 2014 2015 2016 - 2018 • The Dubai Real Estate market has gone through significant fluctuations • The market began to show signs of • The market peaked in Q2 2014 and • 2016 and 2017 recorded a significant amount of new project over the years. Following the introduction of a decree allowing recovery in 2012 when the Euro Crisis corrected thereafter due to a launches and deliveries resulting in steady declines in sales International Freehold Ownership in 2002, the market recorded and Arab Spring conflict led to Dubai combination of factors such as the prices and rental rates. Whilst new project announcements substantial growth up until Q1 2009. being an attractive alternative and reduction in LTV ratios, low oil prices eased off in 2018, additional supply continued to have a ’safe’ haven to invest and live in. and a strong US dollar. downward effect on rates. • This period was marked by large scale developments and project launches. The Real Estate market was fuelled by both strong demand • In November 2013, Dubai was • Rental rates remained broadly stable • The number and range of incentives increased as Landlords from a rapidly expanding economy and workforce (leading to double awarded to host Expo 2020, which led as the handover of new supply was tried to retain Tenants and increase take-up, whilst digit rental growth and Investor returns) and, more problematically, to growth in market confidence, a rise slower than anticipated. -
AU Transportation Unit Brochure
To book a trip, log in AU website www.ajman.ac.ae, choose your destination and follow instructions. AU Transportation Unit: Safe and comfortable transportation Ajman University Transportation Unit provides convenient and affordable transportation for AU students and staff. You can subscribe either daily, monthly or For inquiries: per semester, starting from AED 25 only. 06 705 6862 – 06 705 6571 – 06 7056912 050 5764 399 – 050 577 9731 – 050 5778991 0503652951 0562399644 Areas covered 1. Emirate of Ajman: Al-Jurf, Al-Rawdah, Al- Mowaihat, Mushirf, Al-Safya, Al-Shahba, Al-Nuaimiya, Al-Rashidiya, Al- Sowan, Al-Nakheel, Al-Rumeila, Corniche, Karama, Al-Bustan, Liwara and Al-Mina 2. Emirate of Sharjah: Um Khanoor, Al-Ghafiya, Al-Qadisiya, Al-fayha, Al-Mansoura, Al-Nasiriya, Alriga, Al-Hazannah, Shargan, Al-Mirgab, Corniche, Al-Falaj, Al-Naba’ah, Al-Bateena, Al-Ghale’ah, Al-Rolla, Al-Azra, Al-Mina, Mislon, Al-Shahba, Al-Darari, King Faisal, Abu Shagara, Jamal Abdel Naser, Al-Majaz (1, 2 & 3), Al-Buhaira, Al-Khan, Al-Qasba, Al-Taawun and Al-Nahda 3. 5- Emirate of Dubai: • Deira: - Muhaisnah (1, 2, 3, & 4), Al-Qusais, Al-Twar, Al-Nahda, Al-Mulla Plaza, Hor Alanz, Abu Hail, Al-Hamriya, Al-Baraha, Al-Rigga, Fish Roundabout, Salah Al Din, Oud Al Muteena, Mirdif, Mizhar, Al Warqa’a (2 & 3 only), Al-Rashifiya, Nad Al-Hammar and Al-Garhoud. • Bur Dubai: - Festival City, Business Bay, Al-Wasl St., Al-Safa, Umm Suqeim, Jumeirah, Iranian Hospital, Al-Satwa, Sheikh Zayed St. (Until Al-Safa Park only), Za’abeel, Al-Jafiliya, Al-Mankhool, Burjuman, Al-Karama and Oud Metha. -
SIXTH CROSSING DUBAI CREEK ARCH BRIDGES Pre-Qualification
SIXTH CROSSING DUBAI CREEK ARCH BRIDGES Pre-qualification NOTICE TO CONTRACTORS PRE-QUALIFICATION PROCESS FOR SIXTH CROSSING DUBAI CREEK ARCH BRIDGES FOR DUBAI ROADS AND TRANSPORT AUTHORITY Description Parsons International Limited is currently engaged in the design and preparation of the tender documents for the Sixth Crossing Dubai Creek Arch Bridges Project for the Dubai Roads and Transport Authority (RTA). The sixth crossing bridge is located about two (2) kilometers inland of the Ras Al Khor bridge (Business Bay Crossing). This new crossing will not only address the need for additional capacity, but will also create new travel corridor that can improve connectivity between various areas in Dubai. One main focus of this project is the development of world-class bridge which not only is economical and viable solution but it will instantly be identified with Dubai. The proposed bridge will be Steel Arch-Suspended Bridge designed to carry 6 lanes of vehicular traffic in each direction and two tracks of passenger rail system. The Crossing will comprise two Arch Bridges with length of 610m for the main arch and 381m for the second arch. Most bridge piers are located in the creek and will be founded on drilled shafts with footing at water level. General Instructions Contractors who wish to submit a bid for the construction of the Sixth Crossing Dubai Creek Bridge must be pre-qualified as outlined below. This Pre-qualification Process should be completed well in advance of the bid date, because bids for the arch bridge construction for the Sixth Crossing will only be accepted from firms pre-qualified by Dubai Roads and Transport Authority to perform this work. -
Treball Final De Màster
Propuesta metodológica para evaluar el grado de Caminabilidad en las ciudades. Aplicación a Dubái. MÀSTER Treball realitzat per: Iñigo Imaz Castro Dirigit per: Javier Pablo Ainchil Màster en: Enginyeria de Camins, Canals i Ports Barcelona, 15 de Junio de 2017 Departament de Enginyeria de la construcció TREBALL FINAL DE TREBALL FINAL Propuesta metodológica para evaluar el grado de Caminabilidad en las ciudades. Aplicación a Dubái Propuesta metodológica para evaluar el grado de Caminabilidad en las ciudades. Aplicación a Dubái. Methodological proposal to evaluate the degree of Walkability in the cities. Application to Dubai. IÑIGO IMAZ CASTRO IÑIGO IMAZ CASTRO RESUMEN ABSTRACT A pesar de que todo viaje tiene como protagonista, al menos como inicio y final de trayecto, a los modos no Despite the fact that every journey has as its protagonist, at least at the beginning and end of a journey, the motorizados, habitualmente estos no han sido tratados con la importancia que se merecen y a menudo han non-motorized transport modes, they have usually not been treated with the importance they deserve, and sido relegados por otros modos menos eficientes desde el inicio del proceso de la planificación urbana y de have often been set aside by other less efficient modes from the beginning of the city’s urban and transport transporte de la ciudad. planning process. Hoy en día, por suerte, y debido en gran parte a los problemas de contaminación, de salud o de eficiencia Nowadays, fortunately, and largely due to problems regarding pollution, health or energy efficiency, among energética, entre otros, se está produciendo un cambio en el status quo de la movilidad, tratando de que los others, a change in the status quo of mobility is happening, trying to make non-motorized modes recover the modos no motorizados recuperen la importancia que un día tuvieron. -
Dubai Real Estate Report Q3 2019
Property Review Dubai Real Estate Report Q3 2019 BUILDING The building consultancy team at Asteco have a wealth of experience and an in-depth knowledge CONSULTANCY of construction technology, building pathology and effective project management methods With you throughout all stages of your which enable us to provide our Clients with a comprehensive building consultancy service. built asset lifecycle Technical Due Snagging Area Diligence Inspections Verification Life Cycle Schedules of Schedules of Costing Dilapidations Condition Project RERA Technical Building Monitoring and Reports Condition Audits Surveys Defect Project Insurance Analysis Management Reinstatement For more details, please contact Valuation Nick Constantine, BSc (Hons) MRICS, Head of Building Consultancy [email protected] DUBAI MARKET OVERVIEW SUPPLY* RENTAL RATES SALES PRICES New apartment supply slowed marginally in the third quarter of 2019 with the handover Apartment, villa and office rental rates continued their Sales price movement for apartments, villas and of 4,600 units, compared to over 5,000 in both Q1 and Q2. downward trajectory and recorded quarterly declines offices recorded similar drops of 2% to 3% compared of 3%, 2% and 3%, respectively. to the previous quarter, and declines of between 13% Conversely, villa stock increased significantly, recording an additional 2,500 units in Q3 and 16% since Q3 2018. 2019 (more than the first two quarters combined - 2,200 units). Similarly, new office Annual changes remained in double digits with inventory delivered in Q3 reached 950,000 sq.ft., exceeding the entire total of the first average drops of 12%, 10% and 13%. Asteco Government initiatives continued to be rolled out to half of the year. -
UAE Real Estate Report
A historic review and outlook since 2008 UAE Real Estate Report 2016 MID YEAR REVIEW AND OUTLOOK In the Middle East for over 30 Years asteco.com UAE Real Estate Report - H1 2016 Content 03 Editorial Note 04 UAE Price Comparison 05 Oxford Economics 07 Abu Dhabi Historic Review & Outlook 15 Dubai Historic Review & Outlook 22 Northern Emirates Historic Review & Outlook 26 Al Ain Historic Review & Outlook 2 © Asteco Property Management, 2016 UAE Real Estate Report - H1 2016 Editorial Note 2016 has so far been an interesting year for the UAE’s real estate sector. Whilst substantial declines were anticipated over the first half of the year, these appeared to be less pronounced than expected, especially in Dubai and the Northern Emirates as the delivery of supply slowed down considerably. At the same time, however, the effect of low oil prices continued to affect Abu Dhabi’s real estate market more so than Dubai. This is due to a heavily oil based economy in Abu Dhabi, whereas Dubai has a more diversified income base. Various measures to improve government revenues are being considered by Ministry of Finance such as the implementation of Value Added Tax (VAT) from 2018 onwards, as well as additional taxes on other products. Increases in water and electricity charges are also being considered. This would lead to a significant rise in the cost of living, which may become prohibitive for many residents. This would accentuate a trend already seen since the beginning of the year, whereby residents are becoming more budget conscious, downsizing to more affordable units and, in some cases, sending family members back to their home country. -
Parallel Roads: Seamless Traffic Flow Vision Mission
The Official Monthly Magazine of Dubai`s RTA Issue No. 121 July 2018 Parallel Roads: Seamless Traffic Flow Vision Mission Vision Safe and Smooth Transport for All Mission Develop and Manage integrated and sustainable Roads and transportation systems at a world-class level, and provide pioneered services to all. Stakeholders for their happiness, and support Dubai’s vision through Shaping the future, preparing policies and legislations, adopting. Technologies and innovations, and implementing world-class practices and Standards. 2 Seamless Traffic Flow Dubai is marching forward towards delivering various infrastructure projects in different sectors to cope with the comprehensive development and the phenomenal growth seen by the Emirate. And as Dubai gears up for hosting Expo 2020; a landmark regional event, it continues to undertake infrastructure projects including roads and public transport networks to improve the quality of living and bring happiness to people. As part of the Parallel Roads Plan, Roads & Transport Authority (RTA) has recently opened another key sector of the project at the Business Bay district. The (Eastern and Western) Parallel Roads Project is part of the crucial projects undertaken by RTA to serve the traffic movement in Dubai. The Parallel Roads constitute strategic corridors supporting the Sheikh Zayed Road and Al H.E. Mattar Al Tayer Khail Road and comprise of six lanes in each direction. They stretch 108 km with a capacity of Director General and Chairman of 18,000 vehicles per hour in both directions. the Board of Executive Directors Comprising of the First Al Khail Road, Happiness St (Eastern Parallel Road), and Al Asayel St (Western Parallel Road), the Parallel Roads serve more than 20 development areas as well as vital investment and tourist communities with an increasing population currently hovering around 700,000 individuals. -
Atlas / Mapserver
Route C01: Airport Terminal 3 - Satwa, Bus Station A 1B l Na Al Ahli Abu St hda Rd Club Dubai Scout Arabian Al Baraha St Hail Rd Riding Club Gulf Dubai Club For Khaleej Road Burj Nahar, Intersection Al Rasheed Rd 103 Rd Special Sports Abu Naif Intersection Sid Palm Deira Metro Bus Stop D d B 80 i aker Al que Rd 1 0 Al Sa Al Muteena St 5 R A d l Mu 19B S Port b o s Al Nakhal 1 k or s h Rd S Naif Rd Al Rashid a Al Nakhal a t in Rd S lla dd t Rd Salahu 107 Rd Al Ittihad St aktoum 110 t Al M Rd S 14 r d 16 St o Hospital R h K St Al Quds St A l Al Maktoum Rd Union Metro Bus Stop A Al Muraqqabat Rd RiggaAl Al Khaleej Rd St Rd Baniyas St Al Jazeira Etisalat Head Office 108/1 Rd Maktoum Road Raffa 2 Rolla Clock Tower Roundabout Falcon Intersection Al Fahidi Metro Bus Stop A 3 St Nahda Street Dubai Raffa DNATA International Al Fahidi Metro Bus Stop B Flame Intersection Airport Mankhool, Standard Rais Center 18 St Chartered Bank Garhoud, Intersection Kuwait St Cargo Village Al Seef Rd D 11B St Bridge 74 12A St Al Maktoum Dubai Real Estate E Airport Rd Headquarters 11 E Sheikh Rashid Road I/S 79 Dubai Airport Terminal 1, Arrival C01 Creek Al Ittiha d St Airport Terminal 3 Metha Oud Al Mina Rd 7 St Hoot, Eppco Rd Dubai 36 St Umm Hurair Rd Tennis Sh e 9A 10 St Al Riyadh St Ra ikh Dubai Creek Golf Stadium shid St Hudheiba, Turnoff Rd & Yacht Club nca St 12 St a l Al b a D s Nasr a 84 Club C Hana Center Marrakech St Al Nasr Club St D Al Rebat St 8A St 20 St 81 Al Wasl Rd 19 St in B Al Satwa, Masjid a halif Garhoud Satwa, Masjid 2 Bridge K ed Rd h y -
Rashidiya Metro Bus Station Port Rashid Al M Baghdad St
Route 44: Ghubaiba Bus Station - Rashidiya Metro Bus Station Port Rashid Al M Baghdad St u s Al Ittihad St s din Rd a d lla Rd Salahu D 80 110 Rd 44 Al Maktoum Rd Al Khaleej Rd Al Nahda Rd D 64 Ghubaiba Bus Station Raffa 2 Al Fahidi Metro Bus Stop A Falcon IntersectionNahda Street Abu Baker Al Siddique Rd Rolla Raffa Al Quds St D 89 Four Point Sheraton Hotel Dubai BurJuman Metro Bus Stop B Al D International MaktoumBridge 74 Airport College of Islamic Studies E Al Mina Rd 11 Centre Point Shopping Centre Airport Rd t St u r Broadcast Interchange i Central Post Office Be College of Islamic Studies 2 Saeediya School Karama, Ent. Dubai Karama 2 Umm HurairRd Creek S he Golf & Ra ikh Karama 1 Schools Health Center shid Airport Tunnel D Rd Yacht Club 90 nca St a Karama, Commercial Center l Dubai b a s Creek a Al Nasr C Club Oud Metha Road 2 Al Rebat St Airport Rd Al E Wafi City Garhoud Nadd Al Hamar Road 1 2Nd Bridge December St 11 Rashidiya, Village Al Khawaneej Rd RashidiyaRashidiya, 1 Emarat Rashidiya, Dubai Festival City Petrol Station Street 38 Dubai BusinessBay Crossing Al Rashidiya, Street 33A DEWA Main Office Grand Hyatt Hotel Dubai Festival City Rashidiya, Civil Defence Rashidiya, Al Jahiz Boys School Marks & Spencer 2 Police Station Police Stadium Latifa Hospital Dubai Festival City 2Nd Za'Abeel St Dubai Festival City Marks & Spencer Festival Centre Jaddaf, Police Officers Club Dubai Festival City, IKEA Al Wasl Sports Club Al Rebat E Wasl, Wasl Club 11 St Zaabeel Horse Race Track Belhasa Driving Center E 79 D Al Khail Rd 62 1.5 km