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1. www.roostland.com | Dubai Real Estate Broker – Roots Land Real Estate
Arabian Ranches News
– December 2014

2. www.roostland.com | Dubai Real Estate Broker – Roots Land Real Estate
Arabian Ranches News – December 2014
The Global Village opened its door for the 19th cultural extravaganza season on November 6. If
you have never visited Global village before then you should not miss the chance to visit it this
year!
With 31 pavilions from around 70 countries presenting over 12,000 amazing shows and
products spread across 17 million square feet, 25 restaurants offering delicious cuisines from
around the world, and a pla zo e alled Fa tas Isla d Glo al Village is pro isi g fu a d
enjoyment for all. The Village is ideally located along Sheikh Mohammed Bin Zayed Road
between Arabian Ranches and City of Arabia.
On the news this month the Dubai Land Department, as part of the Real Estate project revival
initiatives, revived about 43 projects on hold since the economic crisis by registering them
under Tanmia and Tayseer schemes to get investors on board and ensure completion of these
swift projects.
The Middle East investors are looking for real estate portfolio diversification with investment
opportunities not only in the residential segment but as well as commercial and hospitality
properties. Specifically the healthcare industry with its exponential growth rate is offering
attractive investment options to investors.
Estelle Risse
Research Analyst
research@roosland.com

3. www.roostland.com | Dubai Real Estate Broker – Roots Land Real Estate
Revealed: Where Dubai rents have risen the most
Average rents in Jumeirah Village Circle (JVC) increased the most in the last four years, followed
Ju eirah Lake To ers JLT a d Du ai Mari a aster de elop e ts, a a al sis of Du ai’s
official rent index by Unitas Consultancy reveals.
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New Dubai building law to curb development of luxury towers
The la ill ai to restri t the u al ulated e pa sio of lu ur uildi gs i the e irate. As a
result, up to per e t of the reside tial la d set out i the Du ai’s Ur a Pla , a out
6,785 hectares must be made available for homes for lower and mixed-income residents.
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Du ai residents pushed to the rink y shortage of afforda le housing
A dearth of affordable housing is hitting lower and middle income earners in Dubai and harming
the it ’s o petiti e ess and ability to attract new residents.
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Investors looking eyond Du ai s residential spa e
Residential property is no longer the only asset class that wealthy Middle East investors want to
park their funds in.
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4. www.roostland.com | Dubai Real Estate Broker – Roots Land Real Estate
Nakheel starts leasing 5,000 shops at Night Souk on Deira Islands
“tret hi g .9 k alo g Deira Isla ds’ aterfro t, the Night “ouk ill i lude 5, shops, i
addition to 96 quayside cafes and restaurants.
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Damac Towers by Paramount starts to arrive on Dubai landscape
The $1 billion Damac Towers by Paramount project in the Burj Area is to include more than
1,800 units with 1,000 one, two and three bedroom serviced suites and 800-rooms 5-star
Paramount Hotel when it is completed in 2016.
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