In 2022, according to Metropolitan Group reports, luxury property prices in the United Arab Emirates doubled, and sales increased by 130%, reaching Dh11 billion. The number of real estate purchase transactions in the country increased more than 10 times compared to the previous year, with the average transaction value being more than 4 million UAE dirhams ($1.2 million).
Dubai is famous for its investment appeal, but often the spotlight falls on the same well-known areas that everyone talks about and aspires to explore. However, within this dynamic and rapidly evolving city, there exist lesser-known gems, where the potential for comparable or even superior returns on investment is ripe.
Fresh seawater, a private beach, and investment attractiveness – what should you consider when choosing your dream home?
For individuals keen on generating passive income through long-term investments, apartments stand out as a lucrative bonus on the investment landscape. This property attracts with its cost and faster payback.
Real estate in Dubai frequently triggers apprehensions and uncertainties. However, let’s delve into these concerns together to understand why Dubai continues to stand out as one of the most captivating destinations for both residence and investment.
Many people, having acquired a small capital, seek to invest it in purchasing an apartment for rent or subsequent resale. People who have accumulated more serious wealth prefer long-term investments in commercial real estate to diversify their assets and provide themselves with passive income.
Millions of people strive to find opportunities to invest and increase their capital daily. Cryptocurrency platforms have become an attractive option for those looking for new ways to increase funds. However, among the various offers on the market, there are also fraudulent schemes aimed at deceiving investors and depriving them of funds. In this review, we will look at one of these dubious exchanges called Ouknm, analyze the available information about it, identify negative customer reviews, consider fraud schemes, and reveal signs of dishonest activity.
We welcome all entrepreneurs and those dreaming of starting a business in the United Arab Emirates. Today, we want to share important information about tax incentives for businesses in Free Economic Zones (FEZs) in Dubai and other regions of the UAE.
Today, we would like to share with you our thoughts and experiences on a topic that often remains in the shadows when discussing business strategies – risk assessment in businesses in the Emirates.
PR
In today’s fast-paced world, convenience is king. Consumers are constantly seeking ways to simplify their lives and streamline their daily tasks. One industry that has embraced this demand for convenience is the fragrance industry, with…
Most businessmen consider the UAE to be a perfect place for business development due to its favorable tax policy. However, there have been significant changes to standard tax procedures.
Are you running a business in the UAE but postponing accounting? You shouldn’t. Incorrect accounting can result in fines, account blocking, business suspension, and even a ban on operations in the UAE. However, with proper accounting practices, significant savings can be achieved. Professional bookkeeping can decrease company costs and boost revenue. And no, we’re not referring to illegal practices that could lead to penalties in the UAE.
Entrepreneurs from all over the world come to the UAE. They register their businesses there, obtain freelancer visas, and purchase real estate.
We present to you the latest list of reliable developers in Dubai. These are leading companies in the market, whose projects have won awards and attracted the attention of leading investors.
News on Investments in EdTech Startups in the Past Week. We’ll tell you how to increase the volume of attracted investments.
+30 % business growth. In the first quarter of last year, the number of business licenses in Dubai increased by 30%.
Today we would like to share important information about the business licensing process in the UAE. This stage is key when starting a business in this country, and a competent understanding of all aspects of licensing can greatly facilitate your task. Keep in mind that having a license will allow you to conduct business activities in the Emirates following the law.
Dubai has been one of the leading international business centers and economic leaders of the future for several years now. Recently, it has become clear that it is also a key destination for foreign offices and domestic companies. According to Yale University, the total number has exceeded 1,000 and continues to grow. However, to successfully penetrate this lucrative market, which offers many business opportunities, it is necessary to develop a strategy that takes into account both local conditions and many unpredictable factors. In this article, we will discuss the features of PR in the UAE and effective strategies for business development in this region, especially in Dubai.
The real estate rental market in the UAE is breaking records year after year and has grown by tens of percent in 2023. The momentum will continue this year as the Emirates confirms its reputation as a global business hub. This factor, as well as tax preferences and quality of life, attract wealthy people around the world here, which increases the demand for real estate and rental rates.
The Singing Fountain in Dubai is deservedly considered the best fountain in the world, as well as one of the main attractions of the United Arab Emirates. The fountain is located in the center of Dubai near the famous Burj Khalifa Tower, on a large lake that was created artificially. The fountain is a unique creation of human hands, and it can safely be called one of the wonders of the world.
Purchasing real estate abroad as one of the investment options is a fairly popular way of investing all over the world. Let’s take a look at the benefits of buying property in Dubai – land near the Persian Gulf.
One method to secure a residence permit in the United Arab Emirates (UAE) and attain tax residency is by either establishing a new business or acquiring an existing company. The decision between these options is…
The Finance World Accounting & Tax Awards 2024, presented by iFund Factoring & Forfaiting Services and powered by Wasaya Investments, recently honored pioneers in accounting, tax, audit & finance. Hosted by Finance World Magazine, the…
Investment in real estate in Dubai has been a popular trend in recent years. According to Forbes, in 2022 alone, the number of transactions for the sale of residential, and commercial real estate and land in Dubai increased by 77%. It is currently the year 2024, and the prices are still increasing.
In wealth Dubai, an entrepreneur may feel that starting a business here is easy. It is enough to call a lawyer or business consultant to establish a company, attract investors, and start making money.
The MENA (Middle East and North Africa) region is formed by about twenty states of the Middle East and North Africa – the UAE, Saudi Arabia, Qatar, Egypt, and Algeria, with a total population of 355 million people. This is a growing market, it is actively developing and attracts entrepreneurs and investors from all over the world.
The UAE is a country that, due to its favorable tax legislation, developed economy, and powerful IT infrastructure, has become an attractive hub for IT specialists, startups, and branches of IT companies from all over the world. This created non-trivial conditions for finding qualified personnel.
According to statistics, there are 5 rainy days a year in Dubai. They usually occur in January-February and bring about 100 mm of precipitation. However, global climate changes and unforeseen cyclones can interfere with the overall indicators and make their adjustments. This is what happened on April 15-16, 2024 – in one of the driest areas of the world.
After the appearance of Bitcoin, it became clear that it does not provide true anonymity and sooner or later modifications of the cryptocurrency would be created. The emergence of a new sector of the crypto market was bound to cause concern among regulators.
In the business world, where cultures and laws vary from country to country, it is important to study labor rights aspects in detail, especially when doing business in countries with unique laws. In this article, we will look at the labor rights of workers in Dubai and the United Arab Emirates (UAE).
