Mohammed Bin Rashid Approves Awarding of “Route 2020” at a Cost of AED10 Billion
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Dubai Review 2020 – 2021 Outlook
Dubai Review Outlook www.valustrat.com ValuStrat Price Index – VPI Dubai Residential Base: January 2014=100 ValuStrat Price Index – VPI Dubai Office Base: January 2015=100 All prices are quoted in UAE Dirhams unless otherwise stated Sales and Rent performance are measured on a quarterly basis while hotel performance are on yearly basis 2020 Review FIRST QUARTER REVIEW 2020 VPI Residential VPI Residential VPI Office Capital Values Rental Values Capital Values 73.3 69.6 63.1 -10.1% -8.9% -14.7% Y-o-Y Y-o-Y Y-o-Y Residential Ready Residential Ready Ticket Size Sales Volume 1.71m 3,491 AED Transactions 0.6% -0.3% Q-o-Q Q-o-Q Residential Off-Plan Residential Off-Plan Ticket Size Sales Volume 1.45m 5,224 AED Transactions -8.6% -26.3% Q-o-Q Q-o-Q Office Sales Office Sales Office Ticket Size Volume Rent 0.92m 269 863 per sq m AED Transactions AED -17.9% 11.2% -5.2% Q-o-Q Q-o-Q Q-o-Q Jan COVID - 19 PANDEMIC • The VPI – residential capital values for Dubai as of March 2020 stood at 73.3 points, dipping 0.9% since February, -10% annually. 1W • First confirmed case in the UAE recorded on 29th January • The Dubai VPI for residential rental values during Q1 2020 stood at 69.6 points, • Suspension of all flights except cargo, halting operation of major public mass declining 1.7% quarterly and 8.9% annually. On an annual basis, apartment and transport (Dubai Metro and Tram) villa asking rents fell 9.4% and 8% respectively • Countrywide curfew and disinfection drive started • VPI for Dubai’s office capital values stood at 63.1 points, suggesting that -
World Expo 2020: Destination Dubai
World Expo 2020: Destination Dubai August 2015 Dubai World Trade Centre www.thebig5.ae 23-26 Nov 2015 Definition of World Expo The World Expo is a major event, considered to be the third-largest global non- commercial event in terms of economic and cultural impact, after the Olympic Games and the FIFA World Cup. The World Expo is an universal exposition sanctioned by the Bureau of International Expositions (BIE) and organised every five years by the nation that wins the right to host the event. They attract millions of visitors who explore and discover pavilions, exhibitions and cultural events staged by hundreds of participants including nations, international organisations and businesses. Each one is a catalyst for economic, cultural and social transformation and generates important legacies for the host city and nation. The current World Expo is being held at Milan, Italy (May 1st to October 31st, 2015). The Dubai Expo 2020 and its significance The Dubai Expo 2020 will be the first one to be held in the MENA region, and it will run for a six-month period between October 2020 and April 2021. Approximately 182 countries and companies are expected to participate in the Dubai Expo 2020. The purpose of the Dubai Expo 2020 is to provide a platform for the global community to share innovations and engage in debate about key issues facing the world. The reason the Dubai Expo 2020 is evincing huge interest is because analysts believe it will boost tourism and other parts of the economy as the government is likely to spend a predicted US$ 7 billion on infrastructure, with the benefit expected to trickle down to other industries. -
Dubai [Metro]Polis: Infrastructural Landscapes and Urban Utopia
Dubai [Metro]polis: Infrastructural Landscapes and Urban Utopia When Dubai Metro was launched in 2009, it became a new catalyst for urban change but also a modern tool to interact with the city - providing a visual experience and an unprecedented perception of moving in space and time, almost at the edge between the imaginary and the real. By drawing on the traditional association between train, perception and the city we argue that the design and planning of Dubai Metro is intended as a signifier of modernity for the Gulf region, with its futuristic designs and in the context of the local socio-cultural associations. NADIA MOUNAJJED INTRODUCTION Abu Dhabi University For the last four decades, Dubai epitomized a model for post-oil Gulf cities and positioned itself as a subject for visionary thinking and urban experimentation. PAOLO CARATELLI During the years preceding 2008, Dubai became almost a site of utopia - evoking Abu Dhabi University a long tradition of prolific visionary thinking about the city – particularly 1970s utopian projects. Today skyscrapers, gated communities, man-made islands, iconic buildings and long extended waterfronts, dominate the cityscape. Until now, most of the projects are built organically within a fragmented urban order, often coexisting in isolation within a surrounding incoherence. When inaugu- rated in 2009, Dubai Metro marked the beginning of a new association between urbanity, mobility and modernity. It marked the start of a new era for urban mass transit in the Arabian Peninsula and is now perceived as an icon of the emirate’s modern urbanity (Ramos, 2010, Decker, 2009, Billing, n. -
Dubai 2020: Dreamscapes, Mega Malls and Spaces of Post-Modernity
Dubai 2020: Dreamscapes, Mega Malls and Spaces of Post-Modernity Dubai’s hosting of the 2020 Expo further authenticates its status as an example of an emerging Arab city that displays modernity through sequences of fragmented urban- scapes, and introvert spaces. The 2020 Expo is expected to reinforce the image of Dubai as a city of hybrid architectures and new forms of urbanism, marked by technologically advanced infrastructural systems. This paper revisits Dubai’s spaces of the spectacle such as the Burj Khalifa and themed mega malls, to highlight the power of these spaces of repre- sentation in shaping Dubai’s image and identity. INTRODUCTION MOHAMED EL AMROUSI Initially, a port city with an Indo-Persian mercantile community, Dubai’s devel- Abu Dhabi University opment along the Creek or Khor Dubai shaped a unique form of city that is con- stantly reinventing itself. Its historic adobe courtyard houses, with traditional PAOLO CARATELLI wind towers-barjeel sprawling along the Dubai Creek have been fully restored Abu Dhabi University to become heritage houses and museums, while their essential architectural vocabulary has been dismembered and re-membered as a simulacra in high-end SADEKA SHAKOUR resorts such as Madinat Jumeirah, the Miraj Hotel and Bab Al-Shams. Dubai’s Abu Dhabi University interest to make headlines of the international media fostered major investment in an endless vocabulary of forms and fragments to create architectural specta- cles. Contemporary Dubai is experienced through symbolic imprints of multiple policies framed within an urban context to project an image of a city offers luxu- rious dreamscapes, assembled in discontinued urban centers. -
Inside View Dubai 2020
INSIDE VIEW DUBAI 2020 PAGE 1 Overview few cities could manage both at The upcoming Dubai Expo 2021 the world’s tallest building at over the same time. is a major private and public one kilometre high and the future sector focus, and the project and world's largest mall. The largest However, Dubai is not one for its significant investments are China town in the Middle East will standing still. Over the last year, coming to fruition. The six-month also feature here. Dubai, and the UAE, has continued event, the first to be held in the to improve its ease of doing Middle East, is expected to attract In the mainstream market, business by implementing a new an estimated 25 million visitors. competition is fierce and law that allows 100% on-shore Key infrastructure improvements developers continue to offer foreign business ownership for 122 include the Metro extension and an array of sophisticated dbb activities across 13 sectors. the continuing development of developments and incentives to entice buyers. Opportunities Visa regulations have also been Al Maktoum International airport, which once complete will have include Emaar Beachfront, Port De eased. New legislations include La Mer, Central Park at City Walk the introduction of five year capacity to handle over 200 million passengers annually. and Madinat Jumeirah Living. This retirement visa for those over influx of supply has put downward 55 years old with an investment These developments will help pressure on values but has also of AED 2 million or more in the the fabric of Dubai to continually enhanced affordability; allowing property market, income in excess mature and attract an even families to upsize, first time buyers of AED 20,000 per month or more diverse group of buyers to to enter the market, and an array those with more than AED 1 million the market. -
Expo Calendar Brochure 17July
EVENTS CALENDAR 1 October 2021 - 31 March 2022 July 2021 Edition EVENTS AND ENTERTAINMENT AT EXPO 2020 DUBAI INTERNATIONAL CELEBRATIONS Enjoy a calendar of events that reflects the diversity of global cultures and themes. Special days celebrate the customs and traditions that differentiate us and the values and aspirations that unite us. INTERNATIONAL DAYS Within a partnership of the United Nations and the UAE, see global key events and activations on international days at Expo 2020. Discuss important issues and be inspired to become an active participant and to take personal responsibility for collective impact. NATIONAL DAYS & HONOUR DAYS Experience your favourite country’s National Day with a flag ceremony at the Stage of Nations as country leaders are honoured and witness spectacular processions and cultural events take over the Expo 2020 site. See first-hand a World Expo that is dedicated to ensuring that every International Participant gets the exposure it deserves. EXPO ENTERTAINMENT PROGRAMME The Entertainment Programme for Expo 2020 Dubai will celebrate the spirit of the UAE for all to see. It will lift our spirits, stimulate our minds, make us laugh, connect us with our shared humanity and inspire us to participate in the global conversation. It will use the skills and talents of local and international artists across many disciplines, both traditional and contemporary, elevating the international discourse through artistic engagement and storytelling. PARTICIPANTS’ PROGRAMMES We are proud to showcase the incredible and exciting work that our International Participants will be sharing with the world - including brilliant cultural performances, theatre, dance, music and much more. -
Exploring Residents' Perceptions of Mega Event-Dubai Expo 2020
sustainability Article Exploring Residents’ Perceptions of Mega Event-Dubai Expo 2020: A Pre-Event Perspective Mohit Vij 1,* , Amitabh Upadhya 1 , Anu Vij 2 and Manoj Kumar 1 1 School of Business, Skyline University College, Sharjah, 1797, UAE; [email protected] (A.U.); [email protected] (M.K.) 2 School of Business Administration, Aldar University College, Dubai, 35529, UAE; [email protected] * Correspondence: [email protected]; Tel.: +971-505904702 Received: 31 December 2018; Accepted: 24 February 2019; Published: 3 March 2019 Abstract: This study explores the residents’ perceptions of economic, socio-cultural and environmental impacts of a mega-event (World Expo 2020) to be held in Dubai, as well as their level of inclination to participate in the event. The event organizers announced a requirement of thirty thousand volunteers to assist them in successfully organizing the mega event. Such events could prove to be landmarks in destination brand building and may lead to an increase in the number of tourists. The purpose of the study is to gauge the level of understanding about the event impacts within the resident population and their willingness to get involved in event organization. Priory studies of perceptions about the economic, cultural and environmental impacts of a mega-event, are well-nigh non-existent, especially for World Expositions. This study explores residents’ perception to get a fair idea of how they get involved in a mega event that will surely have profound impacts on the destination. Drawing on stakeholder theory and triple bottom line (TBL) model, the study uses primary data collected from more than two hundred fifty residents of the region, through a structured questionnaire. -
Dubai: CREATING the WORLD’S LONGEST DRIVERLESS NETWORK INSIDE: Light Rail Awards 2012 Special
THE INTERNATIONAL LIGHT RAIL MAGAZINE HEADLINES l Paris tram network reaches 65km l AnsaldoBreda enters Chinese LRT market l Edinburgh tramway to open early? DUBAI: CREATING THE WORLD’S LONGEST DRIVERLESS NETWORK INSIDE: Light Rail Awards 2012 special Olsztyn Halberstadt Poland’s first How do you new-build sustain a system tramway in with a declining over 50 years population? DECEMBER 2012 No. 900 WWW . LRTA . ORG l WWW . TRAMNEWS . NET £3.80 PESA Bydgoszcz SA 85-082 Bydgoszcz, ul. Zygmunta Augusta 11 tel. (+48)52 33 91 104 fax (+48)52 3391 114 www.pesa.pl e-mail: [email protected] Layout_Adpage.indd 1 26/10/2012 16:15 Contents The official journal of the Light Rail Transit Association 448 News 448 DECEMBER 2012 Vol. 75 No. 900 Three new lines take Paris tram network to 65km; www.tramnews.net Mendoza inaugurates light rail services; AnsaldoBreda EDITORIAL signs Chinese technology partnership; München orders Editor: Simon Johnston Siemens new Avenio low-floor tram. Tel: +44 (0)1832 281131 E-mail: [email protected] Eaglethorpe Barns, Warmington, Peterborough PE8 6TJ, UK. 454 Olsztyn: Re-adopting the tram Associate Editor: Tony Streeter Marek Ciesielski reports on the project to build Poland’s E-mail: [email protected] first all-new tramway in over 50 years. Worldwide Editor: Michael Taplin Flat 1, 10 Hope Road, Shanklin, Isle of Wight PO37 6EA, UK. 457 15 Minutes with... Gérard Glas 454 E-mail: [email protected] Tata Steel’s CEO tells TAUT how its latest products offer News Editor: John Symons a step-change reduction in long-term maintenance costs. -
DUBAI Cushman & Wakefield Global Cities Retail Guide
DUBAI Cushman & Wakefield Global Cities Retail Guide Cushman & Wakefield | Dubai | 2019 0 Dubai has developed into the retail hub of the Middle East and is the most sophisticated retail market in the region. The proliferation of retail development over the last ten years has led to Dubai having one of the highest retail to population densities in the world. It finished ahead of New York and London for shopping in TripAdvisor’s recently published second annual Cities Survey. Perhaps the best known of Dubai’s plentiful selection of retail malls is The Dubai Mall which is located in the heart of the prestigious Downtown Dubai and is one of the world’s most-visited retail and entertainment destination, having welcomed more than 80 million visitors annually over the last five years. Dubai Mall provides over 1,350 retail stores and over 200 food and beverage outlets, together with leisure and entertainment attractions. Its most recent expansion in 2017 provides connectivity to the attractions and amenities in the neighbouring Burj Khalifa. Other high- profile retail malls that dominate the retail market include Mall of the Emirates and Dubai Festival City. International retail brands are predominantly operated under license by ‘retail partners’ who hold licenses for multiple brands in their portfolios. These include groups such as Al Shaya, Landmark and Majid Al Futtaim. Often these retail operators can also be mall developers in their own right. These companies are very powerful in the retail sector and can make the difference between a new mall development securing attractive brands or struggling to attract the right brands and potential failure. -
Pre-Expo Urban and Rural Development Week
PRE-EXPO URBAN AND RURAL DEVELOPMENT WEEK 3-4 NOVEMBER 2020 Tuesday, November 3rd, 2020 Please note that all timings are GMT + 4 10:00am Welcome Remarks H.E. Reem Al Hashimy Director General of Expo 2020 Dubai and UAE Minister of State for International Cooperation 10:08am Keynote Remarks Helmut von Struve Chief Executive Officer, Siemens UAE & Middle East 10:11am Keynote Remarks Maimunah Mohd Sharif Executive Director, UN-Habitat Siemens Panel 10:30am Digitalisation, Collaboration and Storytelling: The Building Blocks for Future Smart Cities Emily Feavel Oliver Kraft Nadimeh Mehra Moderator Executive Vice President, Vice President, Head of Programme Expo 2020 Dubai, Siemens District 2020 Management, Expo 2020 Dubai, Siemens Expo Family Talks 11:30am Philippines | Peace-building, Museums, and Rural/Urban Development: A Philippine Project Marian Pastor Roces Independent Curator, Critic & Cultural Planner for Urban Development; President of TAOINC 12:00pm UPS Peter Harris International Sustainability Director, UPS 12:15pm Russia Dr. Konstantin Trofimenko Director of Centre for Research of Urban Transport Problems, National Research University Higher School of Economics, Moscow 12:30pm UAE University | Future Socially Smart House Design in Urban Communities: Utilising Resilience and e-Participation Dr. Khaled Galal Ahmed Associate Professor, Urban Social Sustainability and Resilience Tuesday, November 3rd, 2020 Please note that all timings are GMT + 4 Lightning Talks 1:00pm Alliance for Rural Electrification (ARE) | Energy For the Last Mile Mr. David Lecoque Chief Executive Officer of the Alliance for Rural Electrification (ARE) 1:10pm Doh Eain | Restoring Urban Infrastructure Beverley Salmon Deputy Director, Doh Eain 1:15pm Barefoot College Expo Family Talks 1:30pm Bahamas | How do We Live & Grow in Harmony with Our Planet? Henry A. -
Delivering a Sustainable Expo
DELIVERING A SUSTAINABLE EXPO Expo 2020 Dubai Sustainability Report 2018 “We pay the utmost care and attention to our environment for it is an integral part of the country, our history and our heritage. Our forefathers and our ancestors lived in this land and coexisted with its environment, on land and sea, and instinctively realised the need to preserve it.” LATE SHEIKH ZAYED BIN SULTAN AL NAHYAN Founder of the UAE “Protection of the environment and achievement of sustainable development in the UAE is a national duty; it has its own institutional structures, integrated legislature and advanced systems.” HIS HIGHNESS SHEIKH KHALIFA BIN ZAYED AL NAHYAN President of the United Arab Emirates “We are building a new reality for our people, a new future for our children, and a new model of development.” HIS HIGHNESS SHEIKH MOHAMMED BIN RASHID AL MAKTOUM Vice-President and Prime Minister of the UAE and Ruler of Dubai “The civilised, advanced nation we seek to build and the sustainable development we are keen to achieve both require concerted efforts from all sectors of the community and from all public and private entities and organisations. They require consistent and harmonious work in order to achieve our goals and promote and underpin our nation’s status with its distinct role regionally and internationally.” HIS HIGHNESS SHEIKH MOHAMED BIN ZAYED AL NAHYAN Crown Prince of Abu Dhabi and Deputy Supreme Commander of UAE Armed Forces INTRODUCTION HIS HIGHNESS SHEIKH AHMED BIN SAEED AL MAKTOUM President, Dubai Civil Aviation Authority Chairman of the Expo Dubai 2020 Higher Committee It gives me great pleasure to introduce the first Expo 2020 Dubai Sustainability Report (2018) as we build up to the World Expo in 2020. -
Master Degree Programs Global Economy
One Master Degree Programs Global Economy. One Global Degree. One 1st in International Experience—The Financial Times 2012 1st in Return on Investment—The Economist 2011 1st in Post-Graduation Salary Increase—The Economist 2011 1st business school to have five global campuses and the ability to rotate Created the world’s largest crowdsourcing event for social good— The Hult Prize The world’s largest graduate business school in 2012 2 hult.edu 3 Our “ Today, success in business is as much about understanding cultures and globalization as it is about understanding finance and marketing. History With our exceptional faculty, rigorous curriculum, and unique campus Our legacy of providing globally relevant, practical network, Hult International Business School is committed to educating not education shapes our future as the world’s largest just leaders of business, but leaders graduate business school. of the world.” 1964—A practical Today—The world’s largest Bertil Hult Chairman Emeritus of Hult International Business School. business education graduate business school Founder of EF Education First—the world’s largest private In 1964, the school was established as Hult’s compelling vision of a practical and education organization—and educational philanthropist. America’s first corporate university, then global business education has attracted many known as the Arthur D. Little School of students from around the world. Today, Hult Management (ADL). ADL focused on has grown to become the world’s largest delivering a practical business education graduate business school. Our growth for managers. The teaching pedagogy was demonstrates the tremendous demand for an different because it emphasized “action innovative and practical business education.