Dubai Sports City Blog

DSC News & Updates

Mall development heats up

| June 18, 2014

“UK and US retailers are frustrated by the lack of space,” said Maclean. ”Around 100 are waiting to get into Mall of the Emirates [MoE] and about the same number into The Dubai Mall.” Maclean also noted that rising rents don’t seem to be a concern, especially with European retailers. Mature markets Abu Dhabi and […]

Shaikh Mohammad issues decree on property rent caps in Dubai while renewing tenancy contracts

| December 23, 2013

The Decree issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai states that if the rent of the renewed property unit is less than 10% of the average similar rent value in the locality, Landlords will not be allowed to raise rents. The […]