The legendary Bollywood actress Sridevi has died after suffering a massive heart attack. The mother-of-two was visiting Dubai for a wedding with her husband – the producer Boney Kapoor – and one of her daughters when she passed away aged just 54. Her brother-in-law, the actor Sanjay Kapoor confirmed the …Read More »
The ex-husband and father of a British-Pakistani woman suspected to be the victim of an ‘honour killing’ appeared in a Pakistani court today after being arrested by police. Samia Shahid, 28, from Bradford, died last month during a visit to her family village in Punjab. Shahid’s ex-husband, Muhammad Shakeel, and …Read More »
A young Asian woman drowned off a Dubai beach after her father refused to allow male lifeguards to rescue her as it would “dishonour” her, according to reports from the Emirate. Local media outlets reported that the man has been arrested by police. When two lifeguards tried to help the …Read More »
Danube Properties, one of Dubai’s newest and most dynamic property development firms, brought their wares to London this week with twin shows in the West End and East London.
The company showcased its latest residency project, ‘GLITZ 3’, opening its doors to prospective buyers in the UK seeking to take advantage of the unique investment opportunity growing in the most populous city in the United Arab Emirates.
Collaborating with one of London’s leading property advisory firm Unesta Homes, the launch was officially inaugurated by Virendra Sharma, Member of Parliament for Ealing and Southall.
The venture into Dubai’s booming realty market, in the form of establishing Danube Properties is the brainchild of Rizwan Sajan, Chairman.
"This is a great moment for Danube Properties. We have launched in the UK and have presented our realty project ‘GLITZ 3’ to British buyers who have been looking to invest in properties in Dubai. With luxury and affordability combined, investors in the UK have definitely been looking forward to meeting with us”, Mr Sajan said.
Glitz 3 follows the company’s phenomenally successfully previous projects, GLITZ 1 and 2.
The new project comes at a time when confident is at its highest in the Dubai property market with British investors among the top buyers spending more than £1.6 billion in 2014 alone.
Located in Dubai Studio City, buyers have the opportunity to earn returns of up to 15% on their investment, with apartment prices starting from £140,000.
Properties feature amenities such as landscaped gardens, tennis and basketball courts, health clubs, swimming pools as well as children’s play areas.
Whatever it may lack, Dubai's never been short of ambition and that ambition has never been more visible than at the inaugural Dubai Property Show at London's Olympia conference centre this weekend.
From sprawling mini-cities like 'Dubai Hill's - where nary a mound, let alone a hill, is in sight - through villas overlooking one of the Emirate's award-winning Golf Courses all the way to penthouses in the sky, the entire spectrum of the tiny city state's property dream is on show at the show.
The Dubai Property Show speaks volumes of the emirate's resilience and optimism given that it comes just six years after it was hit hard by the global financial crisis of 2008/2009.
Confidence is returning and with it, the investors with Brits among the top buyers, spending more than £1.6 billion in 2014 alone.
Prior to the crash, Dubai's building boom had been financed by a seemingly endless stream of credit. Whilst the processes have been streamlined and new regulations imposed to avoid the sort of speculation that was rife pre-2008, the naked ambition still remains.
No one epitomizes that ambition than London-born and bred entrepreneur, investor and president of Sumansa, Sunil Jaiswal.
The UKAsian's editor Viji Alles caught up with Mr Jaiswal to talk investing, ambition and sunshine.Read More »
From royals and statesmen to sports icons and reality TV stars, Dubai has long been a magnet for people of all hues and from all corners of the globe.
From its geographic location smack bang in the middle of the world; it's frequently outlandish attractions, be it the reclaimed lands in the Arabian Gulf or Olympic grade ski slope in the middle of the desert; its' tolerant attitudes, nightlife, shopping, not to mention its reputation as a tax haven, there's plenty for everyone.
Little wonder then that this tiny and stable emirate has long been a favoured destination for Brits, and not only as visitors but as migrants and investors.
After successfully riding out the storm of the global recession, there appears to be a new vigour in Dubai and it's bringing that fervour to London by way of the first annual Dubai Property Show which takes place 27 February to 1 March.
Dubai's two visionary leaders Sheikh Maktoum and his successor Sheikh Mohammed realized long ago that natural resources alone would not ensure the state's future.
Thus, in the 1990's began the task of transforming the Emirate into the Hong Kong of the Middle East.
Property has been one of the pillars of Dubai's success - from golf course developments and boutique residential units to man-made islands shaped in the form of nations and ultra-luxury penthouses in the clouds, there's something for everyone.
Dubai is now the third most popular destination for Britons looking to invest abroad and the three-day Dubai Property Show will offer buyers direct access to every part of the Emirate's real estate industry, from consultants and property brokers to developers and marketing agents.
According to the Dubai Land Department, British investors were second only to those from India in investing in Dubai with transactions totalling more than £1.6 billion.
In 2014, Dubai was chosen as the venue for the 2020 World Expo cultural extravaganza - the first time the event has been staged in the Middle East. It's an occasion that promises to attract some twenty five million visitors to the region.
Most recently, Dubai International Airport overtook Heathrow as the busiest airport in the world serving nearly 70 million passengers in 2014.
The Dubai Property Show is organized by Sumansa Exhibitions.
The company's president Sunil Jaiswal said: "Dubai's real estate is one of the best markets in the world and has achieved a great reputation worldwide as a favourite tourist and business destination.
"On the other hand British property investors are savvy, they understand the potential here and also value the no tax policy on rental and capital gains. What's more, the absence of restrictions on repatriation of funds just makes the Dubai Real Estate market not only fruitful but easy and transparent."
For more information, visit www.thedubaipropertyshow.comRead More »
Controversial actress and model Veena Malik has a reputation for springing surprises on her fans. This time the 29-year-old actress has become hitched to a Dubai-based businessman known to Malik’s estranged father. “I’m more than happy today, I think I’m the happiest girl in the world,” Veena told Pakistan’s Geo …Read More »
The Gulf emirate of Dubai has announced plans to build a $1b replica of the Taj Mahal. The replica will be named ‘Taj Arabia’ and, in keeping with the emirate’s obsession with scale, will be “three to four times” bigger than the original in Agra, according to developers ‘Falconcity of …Read More »