Dubai Holding will not sell Jumeirah Group

Sunday, December 27th, 2009

Dubai Holding, owned by the ruler of the Gulf emirate, will not sell or list its luxury hotelier Jumeirah Group to pay off debt maturing next year, Jumeirah Group’s chairman was quoted as saying on Sunday.

Al Bayan newspaper carried the remarks which Gerald Lawless made in an interview with Forbes magazine, published on Friday.

“Jumeirah and Dubai Holding are part of each other and Jumeirah is not going anywhere,” Lawless told the magazine. “Dubai Holding will be fine.”

Dubai-Jumeirah Lake Towers

Sunday, October 12th, 2008

Dubai real estate is one of the most lucrative property markets in the world. Buying real estate in Dubai’s Jumeirah Lake Towers (JLT) community is a good option to consider.
About Jumeirah Lake Towers (JLT)

A dynamic blend of residences, retail outlets, and offices, Jumeirah Lake Towers (JLT) is the next generation of real estate Dubai. Located just off Sheikh Zayed Road between interchanges 5 and 6, Jumeirah Lake Towers consists of 69 unique towers grouped together into 23 clusters. With a 55-storey central hotel tower, the community offers sheer beauty in the name of manicured gardens all around. (more…)