While the UAE and Dubai are renowned for their cultural diversity, creating enduring business relationships in this region demands a profound understanding of local cultural norms and traditions.
Traffic rules in the Emirates are practically no different from the rules of Western countries. The road system in the Emirates is right-hand drive.
As of the beginning of the second half of 2023, 35% of projects in Dubai were commissioned behind schedule. The average delay in commissioning for new buildings was six months, with larger projects experiencing a lag of up to two and a half years. 41% of projects delivered at the wrong time are delayed for 10 years.
The United Arab Emirates (UAE) stands out as a premier destination for foreign nationals seeking real estate investments. Dubai, in particular, competes vigorously with the capital, Abu Dhabi. Despite a real estate market slump during the 2019-2021 COVID-19-induced depression, Dubai rebounded and demonstrated robust growth in 2022, with property prices soaring by 9.94% and rental prices surging by 23.69% in July.
In 2002, the landscape of Dubai’s real estate underwent a significant transformation when the government of the United Arab Emirates granted foreign citizens the right to own property in Dubai. This move initiated a construction boom that attracted investors from all over the world. With the market recovering from the COVID-19 pandemic in 2022, the demand for real estate has increased significantly, with the weighted average price per square foot increasing by 10.26%, reaching AED 1,019.
Designed by the renowned Spanish architect Santiago Calatrava, known for his innovative designs, the Dubai Creek Tower represents a fusion of modern technology and aesthetic beauty. Its architectural concept, inspired by nature, captures the elegance of a blooming lily flower.
Fresh seawater, a private beach, and investment attractiveness – what should you consider when choosing your dream home?
Dubai is a city famous for its skyscrapers and luxury. Every year, thousands of tourists visit here to bask in the warm and bright sun and to swim in the crystal-clear waters of the sea. But what if you want to not only enjoy your holiday here but also buy real estate in this city? In this article, we will discuss the advantages of buying an apartment by the sea in Dubai.
Omniyat’s portfolio includes various high-end properties. Some of these facilities have already been completed, while others are still under development.
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First: The why. Specifically, why do you need to rank in search engine results pages? The answer: A Sistrix study on mobile users’ click behavior revealed that 28.5% of Google clicks land on the first…
Emaar Properties is one of the largest property developers in Dubai and one of the most recognized brands in the real estate industry. The company was founded in 1997 by the owner of the Emirates Corporation Dubai Holdings, Mohamed Alabbar. Since then, Emaar has become an iconic symbol of Dubai’s ambitions to develop the city into an international hub for business and tourism activities.
Real estate development in the UAE is one of the fastest-growing industries. Many foreign buyers invest their money in real estate as it can generate stable income.
Today, the issue of buying a villa in Dubai is becoming increasingly popular both for those who want to move to Dubai and live as comfortably as possible and for those who are engaged in the renovation of villas for resale. In this article, we will talk about houses and villas in Dubai, UAE.
The real estate market in Dubai has experienced a significant increase in 2021-2022, with prices rising over 30%. This trend is expected to continue as demand for local houses and apartments remains high. In the first quarter of 2023, there were over 30,000 real estate transactions, indicating a strong interest in the Dubai real estate market. This also allows us to make bold forecasts for further growth and expect new records this year.
The Dubai residential real estate market has set a sales record in 2022. Contrary to popular belief, not only because of the influx of Russian money. Investors from Western Europe and Asian countries showed high interest. And new promising projects are appearing in Dubai – in particular, the Damac Harbor Lights skyscraper.
The Edge residential complex under construction is two multi-story towers from the Select Group company, located on the banks of the Dubai Canal in the Business Bay area. They offer apartments with 1 or 2 bedrooms. The complex has all the conditions for a comfortable stay. Residents have access to a wide range of additional services. The territory is closed from unauthorized persons; the security service is responsible for security.
Meraas is a private holding company and one of the largest real estate developers in the UAE. It has implemented many projects covering various sectors: restaurant business, leisure, and entertainment, retail, residential, and other real estate. Meraas uses the most advanced technologies to develop and construct its buildings. This allows the creation of a comfortable life for the population of Dubai.
In times of crisis, Dubai has become an island of stability for rich people from different countries. According to Google Destinations Insight, Dubai is second only to London in popularity, ahead of Paris and New York. The UAE currency, the dirham, is pegged to the dollar and is stable.
Since 2019, foreign citizens can fully own real estate in special freehold zones in the UAE, resulting in a growing number of home buyers.
The awards for Al Habtoor Tower and Serenia Living have sparked a new construction boom in Dubai. Experts say this is the best scenario for the UAE economy.
On October 27 Emaar Properties, will organize the much-anticipated Open House at the developer’s office at Rashid Yachts & Marina.
Dubai is a city that most people associate with luxurious living. Outstanding scenery and developed infrastructure have made Dubai a popular destination for families looking for a new home. The city is characterized by a wide selection of real estate, including villas, apartments, and townhouses. So families can find properties that suit their budget and lifestyle. Let’s look at Dubai’s main real estate options for different budgets and lifestyles with prices in dollars.
Discover the advantages of investing in Dubai’s luxury real estate market, which offers a wide range of properties from chic city apartments to elegant beach villas, with enormous return opportunities.
The United Arab Emirates has a large number of exciting entertainment options provided to visitors. Sea diving is extremely popular here. There are several diving spots along the coast of the Emirates. You should definitely try sports and extreme diving during your trip to Dubai.
On October 14, everyone is invited to the Open House, where they will be able to view and buy luxury villas in the Garden Homes community on Palm Jumeirah.
Free trade zone in Umm Al Quwain (Umm Al Quwain Free Trade Zone (UAQ FTZ) is a strategic government project. Moreover, the primary objective of this zone is to promote entrepreneurial activities and furnish business owners with a convenient infrastructure for effectively operating their businesses.
When going on vacation to the United Arab Emirates, many people think about where and how to spend their vacation. This article presents to your attention the top ways to spend time in Dubai, one of the most luxurious cities in the United Arab Emirates.
When going on vacation to the United Arab Emirates, in addition to sightseeing tours and beach holidays, you should also try Arabic cuisine. Discover the 12 most delicious dishes in Arabic cuisine in this article.
In this article, we will talk about one of the greatest Arab travelers of the 12th century, who can easily be called the “Arab Christopher Columbus.”
Dubai today is one of the largest cities in the United Arab Emirates. In addition, Dubai is the UAE’s most important commercial and financial center, with an administrative center and deep sea port.
