Dubai No.10 in the Top 50 most expensive office spaces in the world - CBRE

Categories: Business, Development

According to CB Richard Ellis Group, Inc. (CBRE) Research’s semi-annual Global Market Rents survey two UAE cities came in the Top 50 most expensive cities in the world. Dubai came in at No. 11 with $USD 128.49/sq. foot/annum or 72.73 Euro/m2/month whereas Abu Dhabi came in at No. 25 with $USD 84.14/sq. foot/annum or 47.63 Euro/m2/month The Top 10 most expensive cities are 1. London (West End), England 2. Moscow, Russia 3. Tokyo (Inner Central), Japan 4. Mumbai, India 5. Tokyo (Outer Central), Japan6. London (City), England 7. New Delhi, ... Read More

Move over Dubai, Ajman is the new emirate on the block - Times Online

Categories: Business, Development

White sand beaches, turquoise waters, stylish hotels, elegant restaurants... the images in a recent series of television adverts fulfil all the usual sun, sea and sand holiday dreams.But few people will have heard of the destination - Ajman.Dubai has a new rival within the United Arab Emirates, hoping to attract British visitors away from all the flashy tower-block hotels and razzmatazz attractions to its quieter beaches and more laid-back atmosphere.While Dubai has made headlines with its multimillion-pound projects such as palm tree-shaped ... Read More

Dubai Metro: Feat underground - Xpress

Categories: Landscape

With the launch of Dubai Metro barely 15 months away, the Roads and Transport Authority (RTA) has pulled out all the stops to ensure that safety measures are in place.The media was given a glimpse Tuesday of the several key mechanical features that will prevent loss of life if tragedy should strike the twin-track system. Read more @ the SOURCE: Xpress – Dubai Metro: Feat underground. Read More

Burj Dubai should embrace fee-paying thrillseekers - kippreport.com

Categories: Landscape

It had to happen. The world's tallest tower was always going to attract the world's BASE jumping community. A British man is up in court this week after jumping from the 150th floor of the Burj Dubai in April. A Frenchman was caught attempting to make the jump earlier this year.Emaar is seeking damages of Dh 20,000. The damage to its security reputation tempered by the fact the jumper's video will make for a great piece of viral marketing when it finally ... Read More

Old Dubai clings to life as new city rises- elEconomista.

Categories: Development

DUBAI (Reuters) - Khadija Ahmad and her family are the onlyresidents left in Dubai's old Bastakiya quarter, her houselittle changed since she arrived as a new bride more than 70years ago.Nestled among mushrooming skyscrapers and multi-lanehighways, the rabbit warren of streets dating from the 1890s isone of the few reminders left of Dubai's past as a sleepyvillage where people earned money by diving for pearls.In the 1990s, the government bought out most homeowners inBastakiya to protect the run-down district from developers.Today, the ... Read More

PDemand for steel and concrete to double due to major realty projects across GCC : Gowealthy.com

Categories: Architecture, Development, Environment

According to the latest market analysis, the demand for ready mixed concrete, reinforcing steel and stone cladding is set to more than double by 2009 as real estate developments peak across the Arabian Gulf but tail off in 2010. Active civil building construction projects in the GCC countries are currently valued in excess of $1.8 trillion.Bernard Walsh, MD, dmg world media Dubai, said, "The phenomenal scale of building right now places the Gulf at the centre of the world's most concentrated construction ... Read More

Abu Dhabi in sustainable buildings drive - Trade Arabia

Categories: Design

Abu Dhabi has announced a new initiative called Estidama, for developing sustainable buildings and communities in the emirate.The Abu Dhabi Urban Planning Council (UPC), the Environment Agency – Abu Dhabi (EAD), Abu Dhabi Municipality and Masdar are part of this initiative.Estidama, which means ‘sustainability’ in Arabic, is an integrated program to devise guidelines and regulations for sustainable (green) design, operation and maintenance of all types of buildings and communities within the emirate of Abu Dhabi. Read more @ Trade Arabia - Middle East ... Read More

Mecca gets set for a major facelift - Daily News & Analysis

Categories: Design, Development

The holy city of Mecca in Saudi Arabia is seeing massive infrastructural developments aimed to create more housing, transport and living facilities for pilgrims and residents.The Grand Mosque will be expanded and six real estate projects implemented in its vicinity in the next ten years at a cost of SR50 billion. The expansion of the mosque, ordered by Custodian of the Two Holy Mosques King Abdullah, has resulted in the demolition of 1,000 properties in Shamiya area and a reported SR6-billion fund ... Read More

FIFA Club World Cup hosts revealed - FIFA.com

Categories: Landscape

FIFA Executive Committee awarded the organisation of the 2009 and 2010 editions of the FIFA Club World Cup for the first time to the United Arab Emirates (UAE) and the following two events, in 2011 and 2012, to Japan, where it has been played since 2005 and will be again in December this year. Since its re-launch in 2005, the competition has grown significantly to become one of the major competitions of FIFA. The Executive Committee agreed that a share of the ... Read More

Maglev, Bullet Train or Fast Metro for Abu Dhabi-Dubai Transport Link

Categories: Development, Government

The Department of Transport is currently planning the transportation masterplan including light rail, metro and high speed links. However it is also in talks to connect the two major cities of Abu Dhabi and Dubai only a short distance of 120km which takes 1 1/2 hours by car. A high speed link gives the governments a key opportunity to link two thriving UAE cities with a important link which is environmentally friendly and will enable workers, business people and most importantly tourists ... Read More