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Dubai epitomizes luxury, with its journey from a humble fishing port to a dazzling global metropolis being nothing short of spectacular. Witnessing the city of gold for the first time is a breathtaking experience, with…
The real estate market in the United Arab Emirates sets new records year after year, and in 2023, it grew by tens of percent. This growth is expected to continue next year as the Emirates confirms its reputation as a global business center. This factor, together with tax benefits and quality of life, attracts wealthy people from all over the world, increasing the demand for real estate and rental rates.
Last year, the United Arab Emirates once again secured a position in the top 10 countries for global competitiveness. The renowned International Institute of Management Development (IMD) compiled the rating, analyzing world economies based on 336 criteria grouped into four key categories: financial performance, entrepreneurial activity, government effectiveness, and infrastructure quality. The leaders of this list create ideal conditions for business development, ensuring rapid economic growth.
Dubai has secured its position as one of the world’s top ten cities in the 2024 World’s Best Cities Report. Notably, it is ranked as the best place to live, visit, and invest.
Right now, the dynamic property market in the Emirate is witnessing the emergence of new trends that are shaping its landscape. These trends encompass migration patterns, changes in buyer demographics, luxury property transformations, resale dynamics, stability in the mid-market, and the infusion of new technologies into the home services sector.
In recent years, Dubai’s real estate market has witnessed significant development, setting remarkable records that have given rise to both positive and negative myths.
Developer Hussein Sajwani has amassed immense wealth in the real estate sector, employing unique promotions and leveraging his friendship with Donald Trump.
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.
Today, as we look at Dubai, which is a global financial and cultural hub, it is hard to imagine that only 50 years ago it was an unnoticed fishing village. Today, Dubai attracts tourists from around the world and it is home to the richest people on the planet. But how did this small village become a luxurious metropolis? And why is Dubai’s success unrelated to oil?
Unveiling the enchantment of Dubai unveils a remarkable juxtaposition between its soaring skyscrapers and the timeless allure of the desert sands. As you stand before architectural wonders that touch the heavens, it’s hard not to…
What else could attract investors besides remote transactions, 0% installment for up to 7 years, and no taxes?
The year 2022 showed positive momentum in property price growth and rental prices in Dubai. Last year, residential rentals and transactions in the emirate hit record highs amid high demand for property from investors around the world. Dubai is a popular destination for property acquisition due to its exceptional security, business-friendly environment, diverse investment opportunities, and much more
Just outside of downtown Dubai is the gated community Arabian Ranches. A lot of locals live there in beautiful luxury villas or semi-detached houses. The complex is conveniently located on Sheikh Mohammed bin Zayed Road and can be reached quickly from Jumeirah Beach.
The Mall of Arabia is the name of a planned shopping mall in Dubailand. The mall should one day be the largest in the world with many shops and of course should one day surpass the Dubai Mall in terms of the number of shops and visitors numbers.
Experts argue that the Dubai real estate market may be the winner after the COVID-19 crisis, citing the effects of similar epidemics in the past. Julian Roch of Cavendish Maxwell stated that the real estate…
There are a total of 125 bus routes in Dubai, with an additional 11 routes added in April 2017. There are a total of 125 bus routes in Dubai, with an additional 11 routes added…
Glitzy Dubai is the United Arab Emirates’ holiday hot spot. This city of high-rises and shopping malls has transformed itself from a desert outpost to a destination du-jour, where tourists flock for sales bargains, sunshine,…
