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Dubai International Airport was the 15th busiest in the world last year for passenger numbers while it ranked fifth for cargo traffic, a new report by the Airports Council International has showed.
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Emaar Properties, the Middle East and Africa’s biggest developer by assets, expects to complete two Dubai apartment towers at least two years late, according to a letter sent to buyers.
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The number of developers in Dubai seeking to convert their commercial projects into mixed-use/residential projects has increased in the recent past.
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Emerald Palace Group (EPG), a residential and tourism project developer, is considering the option of repurchasing units of Kempinski Hotel Residences in Palm Jumeirah.
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