Time to go plot 'hunting' as Dubai construction costs decline
Investors are attracted by plots now available for $88.48 (AED325) per sqft compared with $190-$217 (AED700-AED800) persq ft in 2007-2008
#mecoto#construction#dubai
Chief executive officer of the Dubai-based real estate agent, said land prices in areas such as Downtown Dubai and Business Bay are giving rise to a wave of residential and commercial projects worth “hundreds of millions of dirhams”
#mecoto#construction#dubai
Upcoming project in the World Islands by Austrian developer Kleindienst, The Floating Venice is a Dhs2.5 billion floating resort which will be built near the World Islands.
#mecoto#Floating Venice #dubai#contructionprojects
Mecoto Project Management System (MPMS)
Mecoto Project management and monitoring system will be managed by using project management platform developed by mecoto developers and projects management team.
#mecoto#construction#dubai
MECOTO is a community-driven solution for tokenization of construction projects. It brings together a unique solution that helps contractors, suppliers, laborers, clients, consultants, token holders and investors, to create an ecosystem progress backed by blockchain technology.
Smart Contract Completes its time cycle and token contributors are credited their initial tokens + tokens earned through contributing to the smart contract.
#mecoto#construction#dubai
MBR City - District One
Covering 1,100 acres, MBR City - District One includes a seven-kilometre stretch of Crystal Lagoons, the world’s largest artificial beach and a 14-kilometre boardwalk.
#dubai#projects#contruction#mecoto
Dubai Holding’s plans for a massive indoor city and shopping complex four times the size of Dubai Mall are well publicised.
Consultants for the estimated $6.8 billion project were being hired towards the end of 2014 and the first phase is expected to complete within three years.
Dubai Creek Harbour
Emaar Properties and Dubai Holding are launching a six-tower district, namely Dubai Creek Habour. The project, which is three times the size of Downtown Dubai, will boast the world’s tallest twin towers.
#dubai#project#emaar#mecoto
The AED6 billion Bluewater Island, situated near Jumeirah Beach Residence, is set to be one of the biggest visitor hotspots on the planet.
#BluewatersIsland#mecoto#dubai#construction
Customers can easily and instantly convert MECOTO Tokens into fiat currency through exchanges, Peer to Peer or by trading them.
#mecoto#construction#dubai#tokenization