Dubai Metro Route 2020 Starts Operations with 4 Stations Vision
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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. -
Urban Megaprojects-Based Approach in Urban Planning: from Isolated Objects to Shaping the City the Case of Dubai
Université de Liège Faculty of Applied Sciences Urban Megaprojects-based Approach in Urban Planning: From Isolated Objects to Shaping the City The Case of Dubai PHD Thesis Dissertation Presented by Oula AOUN Submission Date: March 2016 Thesis Director: Jacques TELLER, Professor, Université de Liège Jury: Mario COOLS, Professor, Université de Liège Bernard DECLEVE, Professor, Université Catholique de Louvain Robert SALIBA, Professor, American University of Beirut Eric VERDEIL, Researcher, Université Paris-Est CNRS Kevin WARD, Professor, University of Manchester ii To Henry iii iv ACKNOWLEDGMENTS My acknowledgments go first to Professor Jacques Teller, for his support and guidance. I was very lucky during these years to have you as a thesis director. Your assistance was very enlightening and is greatly appreciated. Thank you for your daily comments and help, and most of all thank you for your friendship, and your support to my little family. I would like also to thank the members of my thesis committee, Dr Eric Verdeil and Professor Bernard Declève, for guiding me during these last four years. Thank you for taking so much interest in my research work, for your encouragement and valuable comments, and thank you as well for all the travel you undertook for those committee meetings. This research owes a lot to Université de Liège, and the Non-Fria grant that I was very lucky to have. Without this funding, this research work, and my trips to UAE, would not have been possible. My acknowledgments go also to Université de Liège for funding several travels giving me the chance to participate in many international seminars and conferences. -
Prospects for the Dubai Real Estate and Hospitality Sectors July 2020
Post-pandemic plans for concrete recovery Prospects for the Dubai real estate and hospitality sectors July 2020 FOREWORD The Covid-19 pandemic is proving Based on KPMG’s experience in the real estate and hospitality sectors, and conversations with an enormous challenge for our stakeholders, we have analyzed the current societies and healthcare systems; the situation. As a product of our research, this consequences for the global document seeks to offer insight into the challenges faced within the residential, office and local economies are both and mall segments of the real estate market, unprecedented and unpredictable. as well as the hospitality industry. Many economists are convinced we are heading We would like to thank those who provided for a significant economic downturn and remain invaluable insight, while rising to the challenges unsure as to how long a recovery will take. we are all currently experiencing. However, responses from governments and regulatory bodies have been prompt. In the Please feel free to contact us with UAE, at the federal and emirate levels, a variety any comments or queries. of measures have been taken to support the economy and its citizens. Sidharth Mehta Partner Head of Building, Construction and Real Estate KPMG Lower Gulf Limited E [email protected] CONTENTS Residential Page 06 Office space Page 09 Hospitality sector Conclusions Executive summary Regional outlook Real estate sector Page 14 Page 01 Page 02 Page 05 Page 18 Shopping malls Page 11 About KPMG Page 20 Real estate and hospitality services Page 20 References Page 21 — A significant reduction in personal and — How deeply the sector is affected will largely business travel is impacting the sector with depend on travel restrictions and traveler HIGHER occupancy and revenue per available room sentiment. -
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. -
Bus Route-Al Quoz
AlAl QuozQuoz BusBus RouteRoute Bus Timings (Departure from EDI Al Quoz only) Areas Covered Pick and Drop Landmarks Bus Number Saturday - Thursday Friday DUBAI Al Khail Gate, Al Barsha South, Jumeirah Village Triangle, IMPZ, Bus number 1 Departure timings • Al Khail Gate • Al Barsha • Arabian Ranches Lake Side Tower, Sports City, Motor City, Reem Ram, Arabian • Jumeirah Village Triangle • IMPZ • 10:40 am • 12:40 pm • 2:40 pm Not Available • Dubai Sports City • Dubai Motor City Ranches, Jumeirah Village Circle, Springs, Meadows, Al Barsha • Springs/Meadows Mall, Al Barsha 3 Contact Number: 056 6103091 For pick up timing, please call the bus driver 2 hours in advance to your class timing DUBAI Oasis Mall, Dubai Bowling Center, Safa Park, Park & Save, Umm Bus number 2 Departure timings • Oasis Mall • Dubai Media City • Dubai Al Suqeim 1-2-3, Al Sufouh Road, Abdullah Bin Taryam Road, Internet City • Dubai Marina • Al Sufouh Road • 10:40 am • 12:40 pm • 2:40 pm Not Availabile Zayed University, Dubai Internet City, Al Falak Street, Dubai • JBR Tram station • Ibn Batuta Mall • TECOM • Al Barsha • Mall of Emirates Media City, Marina Tower, JBR Tram Station, Ibn Battuta Mall, Contact Number: 056 6103092 • Emirates NBD-AL Barsha • Mawakeb School TECOM, Al Barsha Area, Mall of the Emirates, Emirates NBD Al • Saudi German Hospital. Barsha, Mawakeb School, Saudi German Hospital For pick up timing, please call the bus driver 2 hours in advance to your class timing Departure timings Departure timings DUBAI FAB Metro Station to EDI every 1 hour Bus number -
Victoria Residency Is Well Connected Via Roads and Newly Developing Metro Line
DUBAI A PLACE WHERE LIFE MEETS EXCELLENCE. Dubai the epitome of glamour is also synonymous with luxury, opportunity and creativity. With year- round sunshine, intriguing deserts, beautiful beaches, luxurious hotels and shopping malls , fascinating heritage attractions and a thriving business community, Dubai receives millions of leisure and business visitors each year from around the world. It’s the place where bold dreams are explored, unforgettable adventures are experienced and great career opportunities are seized. With a safe and tax-free environment, investors and residents enjoy a superb quality of life. AL FURJAN YOUR OWN COMMUNITY Inspired by a historic Arabic phrase from Dubai’s proud past, Al Furjan symbolizes a collection of homes or a small community. Al Furjan is a residential development under construction near Jabel Ali. Nakheel is the master developer of this project. The Al Furjan development will comprise of four specifc villages: North, South, East and West, that will share the same streetscape designs, network of pathways and access to amenities. The development will include 4,000 houses, apartments, hotels and commercial & mixed use plots. Al Furjan community is an ideal choice for families with several community center, schools and medical facilities taking shape in near future. Al Maktoum International Expo 2020 Ibn Battuta Metro station Airport 15 minutes 10 minutes 5 minutes 1 minute EXPO 2020 CONNECTING MINDS, CONNECTING FUTURE. Bringing together more than 180 nations and an international audience of 25 million visitors, it will be one of the greatest shows on Earth.On a 438 hectare site, connected to three international airports and a dedicated transport network, Expo will provide visitors with the chance to see spectacular architecture, merge with global cultures, examine thoughtful and thought provoking exhibitions, and taste food from every corner of the globe. -
Q2-2021 Real Estate Market Overview Dubai 2
Q2-2021 REAL ESTATE MARKET OVERVIEW DUBAI 2 FOREWORD MPM Real Estate Services comprises a comprehensive real estate and advisory platform providing the full range of professional services from a single provider. Our services include:- y Strategic development advisory y Agency y Asset management y Market research y Project management y Property management y Valuation y Facilities management REPORT HIGHLIGHTS transactions increased by 21%. The value of transactions Residential increased from AED 421 million in Q1 2021 to AED 511.7 million y During H1 2021, close to 20,000 units were handed over, taking in Q2 2021. the total residential stock of Dubai to 639,000 units. In terms of y The office sale rates across key office developments remained supply for Q2 2021, about 11,000 units were added. Dubailand stable during the quarter and dropped marginally by 2% year- added 18% of the new quarterly supply followed by the Creek on-year. Due to a relatively long holding period, weak demand Harbour with a share of 17%. New handovers from Dubai Creek and low prices, investors are more inclined towards leasing out Harbour include projects such as Creek 18 Residences, Harbour the space. Views and Creek Horizon. y Average office rents remain stable during the quarter while on an y As per the projects announced and under construction, annual basis, the rates dropped by 6%. Due to weak demand and approximately 58,000 new units are expected to be completed high voids, landlords are more inclined towards offering extended during the period H2 2021 to 2023. However, it is expected that a rent-free periods or fitted-out space rather than reducing rents fair share of this supply is expected to be extended by six months which are already at the bottom. -
Al Furjan Villas Brochure
About Dubai Dubai, one of seven emirates that make up the United Arab Emirates, is a cosmopolitan city that combines innovation and a modern lifestyle with traditional Arabian values. The multicultural city of Dubai is strategically located at the gateway between the East and West and has rapidly become one of the world’s most sought-after destinations for business, living and tourism. Dubai is home to some of the world’s most breathtaking and ambitious developments, including the iconic Palm Jumeirah which has helped position Dubai as an attractive location for investment. With a variety of residential options, world-class shopping and entertainment as well as excellent facilities and infrastructure, Dubai offers residents an unrivalled quality of life. Al Furjan Al Furjan is a vibrant neighbourhood that celebrates the true spirit of community. Inspired urban planning has created a distinguished residential district of ready-to-move-in four bedroom villas and three bedroom townhouses with distinctive and functional features designed for a comfortable lifestyle. Al Furjan has been developed to make even simple everyday pleasures truly memorable and encourage a more social way of life. Community centres - Al Furjan Pavilion and Al Furjan West Pavilion - feature a range of amenities including a swimming pool, sports courts, cafés and restaurants as well as retail facilities. Al Furjan Club features a restaurant with indoor and outdoor seating, swimming pools, a sports court and fully-equipped gym with four fitness studios. Located in close proximity to Ibn Battuta Mall and the Expo 2020 site, the 560-hectare community is easily accessible from Sheikh Zayed Road, Sheikh Mohammed Bin Zayed Road and Al Yalayis Road. -
Renewable Energy in the Arab Region: Overview of Developments
League of Arab States Renewable Energy in the Arab Region Overview of developments March 20162016 © IRENA 2016 Unless otherwise stated, material in this publication may be freely used, shared, copied, reproduced, printed and/or stored, provided that all such material is clearly attributed to IRENA. Material contained in this publication attributed to third parties may be subject to third-party copyright and separate terms of use and restrictions. ISBN 978-92-95111-08-0 (print) ISBN 978-92-95111-09-7 (PDF) Citation: IRENA (2016), Renewable Energy in the Arab Region. Overview of Developments, International Renewable Energy Agency, Abu Dhabi. About IRENA The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future and serves as an important platform for international co-operation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity. www.irena.org About the League of Arab States (LAS) The League of Arab States is a regional intergovernmental organisation of 22 Arab member states. It was established in Cairo on 22 March 1945. The League’s main goal is to “draw closer the relations between Member States and co-ordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries”. -
Mediclinic Welcare Hospital Mediclinic City Hospital Mediclinic Qusais
Sr No. ProviderName Type Aster Hospital Hospital 1 Universal Hospital Hospital 2 KIMS Dubai Medical Center Clinic 3 4 Saudi German Hospital Hospital 5 Wellbeing Medical centre Polyclinic 6 Badr Al samaa Medical Centre Polyclinic Mediclinic Welcare Hospital 7 Hospital Mediclinic City Hospital 8 Hospital Mediclinic Qusais 9 Polyclinic Mediclinic Beach Road 10 Polyclinic Mediclinic Al Sufouh 11 Polyclinic Mediclinic Mirdif 12 Polyclinic Mediclinic Dubai Mall 13 Polyclinic Mediclinic Arabian Ranches 14 Polyclinic Mediclinic Meadows 15 Polyclinic Mediclinic Ibn Battuta 16 Polyclinic Mediclinic Corniche Abu Dhabi 17 Polyclinic ACCESS CLINIC BR OF DM HEALTHCARE LLC 18 Polyclinic ACCESS CLINIC BUR DUBAI Br OF DM HEALTHCARE LLC 19 Polyclinic ACCESS CLINIC DIP 20 Polyclinic ACCESS CLINIC INTL. CITY (BR OF DM HEALTHCARE) 21 Polyclinic ACCESS CLINIC PERSIAN ZONE (BR OF DM HEALTHCARE 22 (LLLC)) Polyclinic ACCESS CLINIC SONAPURE2 (BR OF DM HEALTHCARE LLC) 23 Polyclinic ASTER MEDICAL CENTRE ASWAAQ MALL (BR OF D M 24 HEALHTCARE (L L C)) Polyclinic GARDENS SPECIALITY CLINIC(BRANCH OF DM 25 HEALTHCARE(LLC)) Polyclinic Access Abutina medical centre 26 Polyclinic ASTER MEDICAL CENTRE - BRANCH D.M. HEALTHCARE LLC 27 RAK BRANCH Polyclinic ASTER MEDICAL CENTER DIERA (BR OF DM HEALTHCARE 28 (LLC)) Polyclinic 29 ASTER BEAUTY CLINIC BR OF DM HEALTHCARE LLC Polyclinic 30 ASTER MEDICAL CENTER MARINA (BR OF D M HEALTHCARE (L LPolyclinic C) ACCESS AL ROLLA MEDICAL CENTRE 31 Polyclinic ACCESS CLINIC DIP 2 BR OF DM HEALTHCARE LLC 32 Polyclinic ASTER MEDICAL CENTRE SILICON -
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