Tag Archives: dubai-map
Property investors feel good about Dubai
The demand for property investments in Dubai continues to grow by the day, with real estate traders flooding into the emirate from far and wide.According to leaders at Al Masah Capital, the city's residential and hospitality sectors enjoyed strong levels of growth last year, the Khaleej Times reports.A report published by the organisation showed that real estate prices are on the up and hotel occupancy rates have also climbed in the last 12 months or so.Business Monitor International (BMI) stated that the UAE's property sector is supported by a number of government-backed investments, particularly in transport infrastructure.The fact that Dubai is politically stable and welcoming of foreigners means the emirate is a global investment hub.A BMI report noted: “The UAE benefits from its strategic importance in the Gulf Co-operation Council and of the strategic importance of the region to the world. Regional unrest has benefited the emirates as they are seen as much safer than their neighbours.”Anybody who visits Dubai will notice that the cranes are moving once again above the city, as building projects that were shelved during the economic downturn have been resurrected.New villas, apartments and hotels are selling extremely well at the moment and this has forced prices even higher.Leaders at Cluttons said that property values have risen by as much as 20 per cent in one quarter in certain parts of Dubai, Zawya reports.Head of the company Steve Morgan suggested that this kind of performance would be considered to be a “boom” in other parts of the world.Landlords are benefiting from the upturn, as the firm revealed that rental rates for high-end villas increased by 9.7 per cent between the third quarter of 2012 and the first quarter of 2013.This trend is expected to last for a while, so now is the best time for people to add new assets to their Middle Eastern portfolios. People who do invest in 2013 could make sizeable profits when they come to sell in a few years' time.Click here for your free property investment guide Continue reading
Carmen Electra makes appearance at Dubai night spot
Glamour girl Carmen Electra is the latest high-profile celebrity to spend a night at one of Dubai's many exclusive nightclubs.The former Baywatch actress was the guest of honour at the swanky Cavalli Club last night (April 7th), as she launched the establishment's Just Sundays with DJ Katerina promotion.Electra, aged 41, was treated to a stunning four-course meal at the restaurant and bar, according to Al Arabiya, before she partied the night away in the upmarket club.Cavalli Club owners took to social media to welcome her to the venue.”The stunning @carmenelectra is in the house!!! Welcome to Cavalli Club,” they tweeted.”Carmen Electra joining us tonight for the very special Just Sundays, with DJ Katerina on the decks, expect an unforgettable night,” they later said.The club – which can be found in the Fairmont Hotel and describes itself as the “ultimate destination for style and entertainment in the UAE” – will now have a celebrity hosting every Sunday, so if you are planning a trip to the city in the near future, it could be worth keeping an eye out for some famous faces.Cavalli Club has seating for 150 guests and is one of the finest Italian restaurants in the emirate.Dubai has more than its fair share of glitzy bars and nightclubs, and it is easy to see why the city has a reputation for being a playground for the rich and famous.Electra is not the only ex-Baywatch star to make a guest appearance at a Dubai club in the last month or so.Indeed, tabloid! recently reported that Pamela Anderson had shown up at the VIP Room at the new JW Marriott Marquis Hotel, which is owned by her friend Jean Roch.It was the first time she had been to the emirate for five years and she told the news provider that she was glad to be back in the Gulf.Actor Jude Law has also been seen enjoying Dubai's nightlife in the past few weeks. Continue reading
Manny Pacquiao rumours continue to spread
Rumours that Filipino boxing sensation Manny Pacquiao could stage his next fight in the UAE are beginning to gather pace.There have been suggestions that the 34-year-old welterweight fighter will avoid the US when looking for a location for his next bout and this could pave the way for a mega-bucks showdown with Mexican Juan Manuel Marquez in Dubai later in the year.Although he has had a number of epic battles in Las Vegas in recent years, sources close to Pacquiao have stated that he is weighing up other destinations for tax reasons.Indeed, Rose Tamayo, the fighter's spokeswoman, confirmed that the UAE was a real possibility.”Manny wants to fight outside the United States because of the taxes. Singapore is one of the top places for consideration. There is also Macau and Dubai,” she remarked.Pacquiao – affectionately known as “Pac Man” – is looking for revenge on Marquez, after he suffered a devastating sixth-round knock-out against the tough Central American boxer in Las Vegas in 2012. Talks between the two camps are thought to be ongoing.Ms Tamayo added that any bout would definitely be in September and a final decision on the opponent and destination will be made after the Philippines has staged its election on May 13th. Pacquiao – who is an immensely popular figure in his homeland – is hoping to be re-elected into the country's congress.Pacquiao has fought across numerous weights during his career and he has defeated some excellent boxers, including Miguel Cotto, Ricky Hatton, Marco Antonio Barrera and Oscar De La Hoya.Although the emirate has built up a strong reputation for staging massive international sporting events, attracting such a global megastar to Dubai would still be regarded as a coup.Dubai had been linked with a potential showdown between Pacquiao and undefeated US star Floyd Mayweather Jr in the past, which is the fight that the whole world wants to see. However, this looks increasingly unlikely, as the two camps have struggled to see eye to eye. Continue reading
