Tag Archives: Dubai

The Lagos State Government and the City of Dubai have entered into a historic partnership. This epoch making partnership will see Lagos emerge as the first Smart City in Africa. The Memorandum of Understanding for the Lagos Smart City was signed on Monday at the Emirate Towers, Dubai, by the Lagos State Attorney General and Commissioner of Justice, Mr. Adeniji ...

Have you ever looked at a building so tall that you are left wondering if it was built by men? The world’s tallest buildings may not be found anywhere around you but they are definitely reachable. This article showcases the top 5 tallest buildings in the world. Do you know that among the tallest buildings in the world is actually ...

Eko Atlantic City has been described as the most ambitious project in Africa and Africa’s answer to Dubai. This article proves why the ongoing Eko Atlantic City project will displace Victoria Island as the new financial capital of West Africa.   Every part of Lagos has its unique character, manner of people, peculiarities, distinctive architecture and most importantly the real ...

Emaar Properties PJSC, the builder of the world’s tallest tower in Dubai, reported a jump in first-quarter profit after collecting payments from pre-sold projects and boosting sales in the emirate. Net income rose to 1.21 billion dirhams ($329 million), or 17 fils a share, from 1.03 billion dirhams, or 14 fils, a year earlier, the Dubai-based company said Sunday. That ...

Though the Goodluck Jonathan Administration was characterized by a massive case of widespread corruption, the rise of mega construction projects was also its hallmark. This article highlights 5 mega construction projects to look out for or possibly monitor closely this year. These projects are expected to re-define our landscape. There are some ongoing mega construction projects in Nigeria which when ...

The Dubai Land Department has set a deadline of June 30, 2015, for registration of all “sold” units in the emirate by property owners and failure to do so will result in penalties. Dubai property owners will be penalized if they fail to meet a new deadline to register sales. Developers have started to send a notice to all new ...

If you’re thinking about buying property in Dubai, now could be the best time. Prices for an apartment in the emirate could cost you less than Dhs400,000 according to new report which states the cost was much higher up to seven years ago. The reason investing in a flat or villa is a good time now is because home loan ...

After a keen competition to get world-class architectural design for its proposed real estate project, the UACN Property Development Company Plc (UPDC) has eventually selected two firms for its ‘One Prime’ project, to be located within the neighbourhood of Ikoyi, Lagos State. The selection of the duo, James Cubitt and Design Group, emerged after the developer recently organised a pitch ...

Three-hundred-thousand Nigerians spent about N310 billion on vacation in Dubai, the United Arab Emirates (UAE), in December, 2014, more than the annual budgets of a majority of the states in Nigeria. BusinessWorld Intelligence reveals that they spent about N60 billion on flights, N9 billion on visas, N120 billion on accommodations and N110 billion on shopping. A source in The First ...

The move by the Anambra State Governor, Chief Willie Obiano to embark on the construction of multi-city projects in Awka Capital Territory, has been endorsed by royal fathers and the chairmen of the various local government areas that make up the area. Seen as the next big thing in Nigeria’s real estate. The endorsement came when the Awka Capital Territory ...