Articles on the topic "Comma"
An exciting story unfolded in Dubai in April 2023, demonstrating how investing in land can yield remarkable returns. Umar Kamani, the founder of the Pretty Little Thing brand, made headlines by purchasing a 7,500-square-meter plot of land on the island of Jumeirah Bay. Over just two years, this barren wasteland, devoid of any structures, skyrocketed in value, with every square centimeter becoming incredibly valuable. This wasn’t due to oil discoveries but rather because it was one of the last available plots in a prestigious location near the sea.
In the fiscal year 2022-2023, Dubai witnessed an unprecedented surge in its real estate market, with a staggering 80% increase in property transactions compared to the previous year. The total sales volume surpassed an impressive $57 billion.
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.
The Abu Dhabi Mall is one of the largest and first shopping malls in Abu Dhabi. It was opened in 2001. Visitors can choose from a total of 220 shops on 220,000 square meters of retail space. The large food court with 40 different restaurants is also very interesting. For the children, there is a small park where they can play, a large cinema and even a bowling center. The Abu Dhabi Mall is located near the well-known five-star hotel Beach Rotana Hotel & Towers.
As you know, one of the reasons for the attractiveness of Dubai shopping lies in the duty-free zone, where the import tax is only 4%. Here, even elite goods are somewhat cheaper, and with discounts, prices become even more affordable. This is why the festival period is considered the most attractive to visit Dubai.
