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$1m for parking space in US: Dh100,000 in Dubai

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In Dubai, developers, primarily in Jumeirah Lakes Towers (JLT), are selling parking spaces to residents – though not that expensive as in the US.

Dubai Tram to run for 20 hours a day

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Dubai Tram, which will begin operations in November this year, will run for 20 hours every day between 5am and 1am, Gulf News has learnt

Dubai mulls monorail link for Burj Khalifa

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Dubai's Roads and Transport Authority (RTA) is exploring alternative modes of transport in the Zabeel and Burj Khalifa areas, including monorails and people mover systems, according to a senior official.

Oversupply continues to erode values

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International City and Discovery Gardens continue to beDubai metroar the burden of steep drops in property values brought on by fresh supply entering the market. According to Cluttons, the value of units in the two locations fell by 8.9 per cent in the first three months of the year from the same period in 2010.

New timings announced for Dubai Metro

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The metro will start at 1pm on Fridays – an hour earlier than the current 2pm start – until midnight and will run for an extra hour on Thursdays until midnight. The new timings will come into place on October 15 to coincide with the opening of five new Red Line stations: Nakheel, Jumeirah Lakes Towers, Sharaf DG, First Gulf Bank and Business Bay.

RTA will open 'some' Red Line stations in Q4

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The stations that are not yet open are Business Bay, First Gulf Bank, Sharaf DG, Nakheel, Jumeirah Lakes Towers, Energy Station, Jebel Ali Industrial and Jebel Ali. Only Sharaf DG and Jumeirah Lakes Towers are near residential areas.

RTA delays opening final Metro stations

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The delay has been caused by low projected numbers of probable users and a lack of development around some stations, said Ramadan Mohammed, the director of rail operations at the Roads and Transport Authority (RTA).

RTA will open 'some' Red Line stations in Q4

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By // AB.com staff  www.arabianbusiness.com Only some of the final eight stations on the Dubai Metro Red Line will be opened this...

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