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      Michael Fahy

      Michael Fahy

      Location

      Articles

      Emaar Hospitality Group that the resort will contain a pair of 74-storey towers at the end of Dubai Marina. Courtesy Emaar Hospitality Group
      Emaar to build twin-towered hotel and residential project at Dubai’s JBR

      Twin-towered resort project next to The Beach at Jumeirah Beach Residence will contain a hotel and serviced residences tower and a residential tower.

      PropertySeptember 26, 2016
      Dubai Airports has commissioned work to expand the number of gates capable of handling an Airbus A380 at Dubai International Airport to 47. The work is expected to be completed by 2018. Courtesy Dubai Airports
      Dubai International Airport to have most A380-capable gates in the world

      The work is set to be completed in 2018 and increase the number of gates capable of handling A380s at Dubai Airport to 47.

      BusinessSeptember 26, 2016
      Dubai property agents required to verify ownership data before brokering sales and rental deals

      Brokers who fail to verify ownership data will face legal proceedings and fines for non-adherence.

      PropertySeptember 25, 2016
      Call for more clarity in Mena public-private partnership projects

      Projects that have been brought to market in the Middle East and North Africa since 1996 have failed without any deal being signed.

      BusinessSeptember 25, 2016
      The Roads and Transport Authority is evaluating bids from developers for the Union Oasis project, above. Courtesy RTA
      Egypt, Kuwait and UAE markets full of public-private partnership potential

      Increased use of PPPs to fund infrastructure projects in the region will allow major companies with experience of delivering long term, privately-financed projects greater chances to participate in the regional market.

      BusinessSeptember 24, 2016
      Knight Frank expects Dubai residential property prices to flatten out this year and then start rising next year. Sarah Dea / The National
      Dubai property set for return to growth next year, says Knight Frank

      The consultancy says the return to growth is dependent on the fate of currency markets and the wider global economy.

      PropertySeptember 22, 2016
      Emirates Auction to sell off goods seized at properties in rental dispute cases

      Emirates Auction will market and auction off chattels at properties at the centre of rental dispute cases.

      PropertySeptember 21, 2016
      Abdul Baset Al Janahi, the chief executive of Dubai SME, says that businesses often fail to recognise ideas from their own talent. Victor Besa for The National
      Dubai SME chief urges family-run companies to back start-ups

      Abdul Baset Al Janahi says there is 'a lot of money and a lot of ideas' in Dubai but that the two are often mismatched for several reasons.

      BusinessSeptember 21, 2016
      US consultancy Hill International helped in the construction of Jumeirah Etihad Towers in Abu Dhabi. Alia Jeroudi for The National
      Activist shareholder succeeds in removing Hill International’s founder from its board

      Company's founder, Irvin Richter, is no longer a board member and Hill pays US$800,000 in legal fees to activist shareholder.

      PropertySeptember 20, 2016
      Above, the French ski resort of Val-Thorens, with a view of Aiguille de Peclet, left, and the Cime Caron mountains. Getty Images
      Emiratis among the top investors in Europe’s prime ski resorts

      UAE nationals among a more diverse group of nationalities buying properties at Europe's top winter sports resorts.

      PropertySeptember 20, 2016
      Al Maryah Central mall in Abu Dhabi now 50 per cent leased by retailers
      Camera14
      Al Maryah Central mall in Abu Dhabi now 50 per cent leased by retailers
      BusinessSeptember 19, 2016
      Dubai South to start selling apartments from Dh280,000
      Camera3
      Dubai South to start selling apartments from Dh280,000
      PropertySeptember 17, 2016
      Union Properties’ delayed Dh1.1 billion Vertx project to start next year

      Dubai-based developer said delayed Vertx project in Motor City will be brought forward in three phases, with the first set to start in the middle of next year.

      PropertySeptember 17, 2016
      The sale prices for Waterlovt’s floating homes start at Dh4.4 million for a 180-square-metre unit. Courtesy Waterlovt / Belevari Marine
      Plan for energy at island in Nakheel’s The World project via Waterlovt floating homes

      'With 20 units around an island you could easily create a sustainable eco-resort,' said Berend Lens van Rijn, whose company Belevari Marine is the exclusive seller in the UAE of Dutch-made Waterlovt floating homes.

      PropertySeptember 17, 2016
      Construction consultancy Arcadis has placed Dubai 52nd in its 2016 Sustainable Cities Index, which was compiled by the Centre for Economic and Business Research. Satish Kumar / The National
      Dubai and Abu Dhabi named Middle East’s most sustainable cities

      Dubai and Abu Dhabi score highly in terms of economic strength, but fall near bottom of ranking for environmental performance.

      BusinessSeptember 15, 2016
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